Simple Expert Advisor (more like a draft with an idea) that simultaneously opens two positions in different directions, provided that the stop loss of the losing position triggers 5 points earlier than the take profit of the profitable one. All the necessary parameters can be optimized.
Strategy Tester Report
|Symbol||EURJPY (Euro vs Japanese Yen)|
|Period||1 Minute (M1) 2008.10.28 13:25 - 2009.01.07 19:12 (2008.01.30 - 2009.12.30)|
|Model||Open prices only (fastest method to analyze the bar just completed, only for EAs that explicitly control bar opening)|
|Parameters||StopLoss=87; TakeProfit=133; lots=0.1; Ext1=5; Ext2=14; AutoLotChanging=false;|
|Bars in test||65643||Ticks modelled||129935||Modelling quality||n/a|
|Mismatched chart errors||0|
|Net profit||1014.70||Gross profit||20956.27||Gross loss||-19941.56|
|Profit factor||1.05||Expected payoff||3.04|
|Absolute drawdown||921.43||Maximum drawdown||1230.43 (1.23%)||Relative drawdown||1.23% (1230.43)|
|Total trades||334||Short positions (won %)||167 (37.72%)||Long positions (won %)||167 (44.31%)|
|Profit trades (% of total)||137 (41.02%)||Loss Trades (% of total)||197 (58.98%)|
|Largest||profit trade||216.00||loss trade||-150.12|
|Average||profit trade||152.97||loss trade||-101.23|
|Maximum||consecutive wins (profit in money)||3 (479.32)||consecutive losses (loss in money)||7 (-668.63)|
|Maximal||consecutive profit (count of wins)||479.32 (3)||consecutive loss (count)||-668.63 (7)|
|Average||consecutive wins||1||consecutive losses||2|
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/8656
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