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2008.12.18 07:06

21hour - expert for MetaTrader 4

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votes: 5
21hour.mq4 (3.03 KB)view
We place two pending orders at the specified time and delete one of them when another one triggers. Exit is performed by TakeProfit or by time expiration, depending on what happens first.
The default settings:
Lots - the volume of the order,
ChasStart - the time of placing the orders,
ChasStop - the time of closing the orders,
Step - the distance from the price when placing the pending order,
TP - TakeProfit
Strategy Tester Report
Alpari-Classic (Build 220)

Symbol EURJPY (Euro vs Japanese Yen)
Period 1 Hour (H1) 2008.11.03 00:00 - 2008.12.08 09:00 (2008.11.01 - 2008.12.09)
Model Every tick (the most precise method based on all available least timeframes)
Parameters Lots=0.1; ChasStart=10; ChasStop=22; Step=15; TP=200;

Bars in test
1606 Ticks modelled
748858 Modelling quality
Missmatched charts errors

Initial deposit

Total net profit
792.85 Gross profit
2597.94 Gross loss
Profit factor
1.44 Expected payoff

Absolute drawdown
515.25 Maximum drawdown
917.51 (8.34%) Relative drawdown
8.34% (917.51)

Total trades
25 Short positions (% won) 16 (56.25%) Long positions (% won) 9 (66.67%)

Profit trades (% of total) 15 (60.00%) Loss trades (% of total) 10 (40.00%)
Largest profit trade 213.43 loss trade -582.46
Average profit trade 173.20 loss trade -180.51
Maximum consecutive wins (profit in money) 4 (761.80) consecutive losses (loss in money) 4 (-758.50)
Maximum consecutive profit (count of wins) 761.80 (4) consecutive loss (count of losses) -758.50 (4)
Average consecutive wins 3 consecutive losses 2

Translated from Russian by MetaQuotes Software Corp.
Original code:

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