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- Views:
- 23341
- Rating:
- Published:
- 2016.07.01 09:49
- Updated:
- 2016.11.22 07:32
-
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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.
Testing Results:
Doubler
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 | ||||
Initial deposit | 100000.00 | ||||
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 Ltd.
Original code: https://www.mql5.com/ru/code/8656

Divergence based on a standard Stochastic with Alert and language selection.

It can be combined with any indicator to get an expert

Attempt to more or less fully automate the opening of Buy and Sell orders

Really helps in trading