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- 2016.07.01 09:32
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In general, it is quite strange pattern ... but, strangely enough, it works.
When the price moves downward on 3 bars (three "falling" candles) on M15, the green is above the red on Stochastic of M1 and M5 charts.
Stop loss, take profit can be optimized.
Variables:
extern int StopLoss // I hope this is clear
extern int TakeProfit // I hope this is also clear :)
extern double Lots // if lot is not set to 0, then it is fixed, if set to 0, then the lot size will be change automatically based on the deposit.
extern int MaxOrders // maximum allowed number of simultaneously opened orders
extern int Periods // period, the Stochastic of which is used by the EA
extern int Periods2 // period, the Stochastic of which is used by the EA (second)
After improvements and optimization the most successful results were achieved on euro/jpy, working timeframe - M15, stochastic periods are M1 and M5, take profit - 145, stop loss - 25. Testing results for one month period is provided below.
I am waiting for tips. I know the EA is crude and not reliable enough, but nonetheless there is something in it, in my opinion.
If anyone interested I can share modified versions as well as variations.
Thank you for attention.
| Symbol | EURJPY (Euro vs Japanese Yen) | ||||
| Period | 15 Minutes (M15) 2008.11.21 21:30 - 2008.12.31 18:59 (2008.01.30 - 2009.01.30) | ||||
| Model | Open prices only (fastest method to analyze the bar just completed, only for EAs that explicitly control bar opening) | ||||
| Parameters | TrailingStop=30; StopLoss=140; TakeProfit=25; Lots=0; magicnumber=777; MaxOrders=1; Periods=1; Periods2=5; | ||||
| Bars in test | 2558 | Ticks modelled | 5013 | Modelling quality | n/a |
| Mismatched chart errors | 0 | ||||
| Initial deposit | 2500.00 | ||||
| Net profit | 7460.93 | Gross profit | 7460.93 | Gross loss | 0.00 |
| Profit factor | Expected payoff | 276.33 | |||
| Absolute drawdown | 490.14 | Maximum drawdown | 2676.50 (28.28%) | Relative drawdown | 28.28% (2676.50) |
| Total trades | 27 | Short positions (won %) | 0 (0.00%) | Long positions (won %) | 27 (100.00%) |
| Profit trades (% of total) | 27 (100.00%) | Loss Trades (% of total) | 0 (0.00%) | ||
| Largest | profit trade | 495.65 | loss trade | 0.00 | |
| Average | profit trade | 276.33 | loss trade | 0.00 | |
| Maximum | consecutive wins (profit in money) | 27 (7460.93) | consecutive losses (loss in money) | 0 (0.00) | |
| Maximal | consecutive profit (count of wins) | 7460.93 (27) | consecutive loss (count) | 0.00 (0) | |
| Average | consecutive wins | 27 | consecutive losses | 0 | |
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/8651
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