This is a automated Trading Account. The EA Trades on averge 1 Trade / Day. Sometimes there are Days with no Trade and Days with 3-5 Trades.
This Master Account is designed for High Risk / High Reward. Every Trade is calculatet with 10% per Trade.
The open Trades are Closed before the Weekend starts. No open Trades with Weekend Risk !
Pending Orders still Open over the Weekend.
Please use a Broker with Low Spread (< 0.8 Pips ) and Low Slippage ( < 0.6 / Trade ).
Here some Stats from the Backtest with TickData and REAL Variable Spread from Dukascopy Broker.
*Please ignore the "Spread 10" Value, this is not true when the Backtest is Made with 99% quality!
|Bars in test||303803||Ticks modelled||184139734||Modelling quality||99.00%|
|Mismatched charts errors||0|
|Total net profit||7571.86||Gross profit||16461.86||Gross loss||-8890.00|
|Profit factor||1.85||Expected payoff||4.07|
|Absolute drawdown||87.06||Maximal drawdown||216.81 (1.90%)||Relative drawdown||1.90% (216.81)|
|Total trades||1862||Short positions (won %)||919 (88.36%)||Long positions (won %)||943 (81.12%)|
|Profit trades (% of total)||1577 (84.69%)||Loss trades (% of total)||285 (15.31%)|
|Largest||profit trade||137.50||loss trade||-36.73|
|Average||profit trade||10.44||loss trade||-31.19|
|Maximum||consecutive wins (profit in money)||30 (347.10)||consecutive losses (loss in money)||5 (-151.50)|
|Maximal||consecutive profit (count of wins)||347.10 (30)||consecutive loss (count of losses)||-151.50 (5)|
|Average||consecutive wins||7||consecutive losses||1|
MFE and MAE Distribution Point Graphs
Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.
Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.
The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "JFD-Live02" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
|0.20 × 1164|
|2.50 × 2|
|5.26 × 107|
|6.00 × 1|
|6.14 × 7|
|6.16 × 19|
|7.25 × 8|
|8.95 × 21|
The actual Drawdown is in the Historical Range, so nothing to worry about.
Deeper Analysis of the Historical Data shows, for Short Trades the Pips/Trades is far better.
I have modified the EA to change the Risk for Long and Short trades.
Now the Risk for Short Trades is 13% Risk Trade and for Long Trades 7% Risk per Trade.
I review the EA again End of 02/2016.