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Published by:: Jim Hunt
Views:: 11831
Rating:: (32)
Published:: 2010.08.10 09:58
Updated:: 2016.11.22 07:32

gurooex01.mq5 (9.63 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author:

This Expert Advisor is an object-oriented MQL5 version of the Trading Gurus MQL4 random entry Expert Advisor.

This Expert Advisor is best used on the one minute timeframe. Try it on any and all currency pairs.

It uses a random number generator to simulate simply tossing a coin to decide on the direction of each trade. It stays in the market 100% of the time. It provides an example of a minimal Expert Advisor programmed in an object-oriented style, based on a framework designed to facilitate the creation of more complex robots. It also provides a basis for quantifying the value added by alternative, more complex, methods of entry.

It can be surprisingly profitable!

Input settings:

Magic - Magic number to make your broker think you have a profitable robot to hide! Default = 12345
Slippage - Acceptable slippage on a market order. Default = 30
ProfitTarget - Fixed profit target. Default = 1000
StopLoss - Fixed stop-loss. Default = 3000
Lots - Fixed trade size. Default = 0.1
ReallyRandom - If true, then every backtest run should see a different sequence of simulated tosses of the coin. If false, every backtest run should see exactly the same sequence of simulated coin tosses. Default = true

The pip based settings should each be divided by 10 if your broker only quotes to 4 decimal places.

A Really Random Robot

Strategy Tester Report

MetaQuotes-Demo (Build 305)

Settings

Expert:

GurooEx01

Symbol:

EURUSD

Period:

M1 (2010.01.03 - 2010.08.10)

Inputs:

Magic=12345

Slippage=30

ProfitTarget=1000

StopLoss=3000

Lots=0.100000

ReallyRandom=true

Broker:

MetaQuotes Software Corp.

Currency:

USD

Initial Deposit:

3 000.00

Results

Bars:

219207

Ticks:

868201

Total Net Profit:

1 586.38

Gross Profit:

4 565.56

Gross Loss:

-2 979.18

Profit Factor:

1.53

Expected Payoff:

28.33

Recovery Factor:

2.07

Sharpe Ratio:

0.18

Balance Drawdown:

Balance Drawdown Absolute:

566.12

Balance Drawdown Maximal:

663.72 (21.43%)

Balance Drawdown Relative:

21.43% (663.72)

Equity Drawdown:

Equity Drawdown Absolute:

650.60

Equity Drawdown Maximal:

767.30 (24.62%)

Equity Drawdown Relative:

24.62% (767.30)

Total Trades:

Short Trades (won %):

22 (90.91%)

Long Trades (won %):

34 (76.47%)

Total Deals:

112

Profit Trades (% of total):

46 (82.14%)

Loss Trades (% of total):

10 (17.86%)

Largest profit trade:

105.64

Largest Loss Trades (% of total):

-303.15

Average profit trade:

99.25

Average Loss Trades (% of total):

-297.92

Maximum consecutive wins ($):

9 (903.33)

Maximum consecutive losses ($):

2 (-599.78)

Maximal consecutive profit (count):

903.33 (9)

Maximal consecutive loss (count):

-599.78 (2)

Average consecutive wins:

Average consecutive losses:

Recommendations:

For some theoretical background see this thread on the Trading Gurus Community
Wealth Warning! This expert is for educational purposes only.
It should NEVER be used on a live account.
Past performance is in no way indicative of future results!

Pipser

One-click trading.

Dual_Trix_Upgrade2

The Dual Trix indicator with dual magnified Values in the Chart and in the Indicator window.

Relative Strength Index of Volatility

The Relative Strength Index, applied to standard deviation of price.

TicksFile

This Expert Advisor allows you to save infomation about the ticks, actual or simulated in Strategy Tester.

A Really Random Robot - expert for MetaTrader 5