Expert Advisors: 20/200 pips - Simple profitable Expert Advisor

[Automated-Trading]

20/200 pips - Simple profitable Expert Advisor:

It has simple code and trading rules. It's doesn't use any martingale MM strategies.

At some moment we look at the price difference for a certain time. If the price difference is negative and greate than some specified bias, we sell, if it positive, we buy.

It's named 20/200 pips" because it uses a fixed values of TakeProfit/StopLoss (20/200, 4-digit prices). For 5-digit prices the TP/SL ratio is 200/2000.

The Expert Advisor is designed for EUR/USD 1H, but you can try it at other symbols.

Note that code doesn't have any error processing rountines, so it cannot be used in real trading in its current form. The values of Expert Advisor parameters have been optimized for 1999-2006, so at present time the parameters aren't optimal. But even using the old parameters it's profitable in long term trading.

Author: Павел Смирнов

[Alexei Ermolaev]

Automated-Trading:

The simplest profitable EA "20/200 pips":

Author: Pavel Smirnov

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[Олег]

Well yes, in half a year only optimisation, or to be more exact to say hard fitting to the story helps to come out at least marginally in the plus.

[maxiwo]

you don't think the counsellor has any perspective at all?

[Dmitriy Skub]

Don't take it seriously - it's just a reprieve.

[dadge]

Automated-Trading:

The simplest profitable Expert Advisor "20/200 pips":

Author: Pavel Smirnov

Over-sitting, not over-sitting, but on the history from 1.01.10 to 6.01.11 gave a net profit of 1777.79 USD with an initial depot of 5000.00 USD (timeframe M15).

[Павел Смирнов]

Here is more historical data from 2010 to October 2011:

As you can see from the curve, profits are growing relatively evenly.

This Expert Advisor is posted here for further "creativity" of traders. This chart can be smoothed and made more even by applying filters or using different indicators.

[rafex]

I can't see the EA trading on the demo.

[[Deleted]]

I can draw you guys as many charts as you want. You can draw such charts for beginners. All Expert Advisors ever drain, and if he does not drain, the profit is a maximum of 20% per month. http://www.....

[Вангелис]

maxiwo:
you don't think the councillor has any prospects at all?

I wouldn't be so categorical... As they say "in good hands".... I took this Expert Advisor as a basis, "worked it over with a file" and added my capital management block. I added aggression and expression. Here is what it can produce at different parts of the history (I used emulation of withdrawal of part of the funds). The results are on the screens. At least, I would not dare to call it unpromising.

[stren]

you call 10 years of 10,000 to make 16,000 profit, it's ridiculous.