Hi folks,

 

This is a new EA that I created. It trades trends and much time has been spent on exit strategy. There is an element of cost averaging but the EA will normally exit before this hits 4 trades.

The EA uses stop orders for entry and primarily TP for exit, including for losing trades. It does not use a hard stoploss and the trade closure is via TP or internal close.

 It is a multi currency trader and will trade all instruments on the MT4 platform, including CFD's and indices. So far the EA has proven to be very resilient to different brokers. The strategy is robust and should survive for many years to come. 

 The EA will not be available for direct sale and is still technically "under development". I expect to offer the EA under a IB arrangements with a handful of brokers once development and  testing is complete.

Just a quick word about drawdowns.....nobody likes them but it does happen. Anyone says otherwise is lying. This EA is no exception. It is a good robust strategy but it does trade a trend and it enters on the back of a counter trend ie it will buy when the price is attractive(dropping) on the short term but has a long term  up trend behaviour. This means that sometimes price continues in the wrong direction before it reverts to the dominant trend. An instrument can easily reach 5% drawdown before turning.....given the number of instruments traded you could have several instruments in drawdown at the same time. This can get a tad uncomfortable. 

 As a protection, i have created a correlation strategy that will halve the trade size of correlated instruments eg you have a USDJPY trade, if a GBPJPY trade appears, it will be half the USDJPY trade in order to reduce exposure to the JPY. 

 I trade very small trade but given the number of instruments traded, concurrent drawdowns can creep up towards 20%. 

Please note that this account trades CFD's, Indices and commodities. Some of these instruments have higher minimum lot requirements. This is defined by the broker and I cannot change it. Therefore some trades will appear large......and they are large but not as large as one would expect. Cocoa trades at minimum of 1 lots but this equates to 0.1 lots of forex. This is still larger than I would like......just be aware of this.

If this is unsuitable, please feel free to subscribe to my other signal(TrendTrader - Basic) which only trades forex and it does so on a cent account.

Good Trading! 

  

 Good trading. 

  • Growth
  • Equity
  • Balance
  • Risks
  • Distribution
  • Slippage
  • Reviews
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
Total:
Trades: 5 530
Profit Trades: 3 442 (62.24%)
Loss Trades: 2 088 (37.76%)
Best trade: 441.13 USD
Worst trade: -991.86 USD
Gross Profit: 13 822.50 USD (650 661 pips)
Gross Loss: -13 560.13 USD (614 086 pips)
Maximum consecutive wins: 30 (22.50 USD)
Maximal consecutive profit: 564.54 USD (6)
Sharpe Ratio: 0.00
Trading activity: 56.26%
Max deposit load: 239.66%
Recovery Factor: 0.09
Long Trades: 2 718 (49.15%)
Short Trades: 2 812 (50.85%)
Profit Factor: 1.02
Expected Payoff: 0.05 USD
Average Profit: 4.02 USD
Average Loss: -6.49 USD
Maximum consecutive losses: 22 (-389.65 USD)
Maximal consecutive loss: -992.11 USD (2)
Monthly growth: -1.20%
Annual Forecast: -14.54%
Best trade: 441.13 USD
Maximum consecutive wins: 30 (22.50 USD)
Maximal consecutive profit: 564.54 USD (6)
Worst trade: -991.86 USD
Maximum consecutive losses: 22 (-389.65 USD)
Maximal consecutive loss: -992.11 USD (2)
Drawdown by balance:
Absolute: 1 710.16 USD
Maximal: 3 016.48 USD (47.83%)
Relative drawdown:
By Balance: 47.83% (3 016.48 USD)
By Equity: 82.99% (3 571.91 USD)

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.

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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.

Symbol Deals Sell Buy
USDJPY 1819
EURJPY 1132
EURUSD 897
USDCHF 213
EURGBP 208
NZDUSD 164
AUDJPY 131
GBPUSD 78
USDCAD 72
AUDUSD 49
EURCHF 48
NZDCAD 46
GBPCAD 38
EURCAD 37
EURAUD 34
AUDCAD 32
GBPJPY 28
GBPSEK 27
NOKSEK 24
XBRUSD 24
AUDNZD 24
GBPCHF 20
NZDCHF 17
EURNOK 15
USDHUF 15
EURZAR 14
CHFJPY 14
SEKJPY 14
GBPAUD 13
XTIUSD 13
NZDJPY 12
USDSGD 12
USDNOK 12
USDCNH 12
XAGEUR 12
XAGUSD 11
SGDJPY 11
AUDCHF 11
ZARJPY 11
CADCHF 11
GBPNOK 10
XPDUSD 10
USDMXN 10
GBPSGD 9
USDSEK 9
USDCZK 7
NOKJPY 6
XNGUSD 6
EURHUF 6
CHFSGD 6
USDZAR 5
CADJPY 5
EURSGD 5
UK100 4
USDRUB 4
NAS100 4
XPTUSD 4
XAUEUR 4
EURSEK 4
AUDSGD 4
US2000 3
HK50 3
GBPNZD 3
GBPTRY 3
Cocoa 2
USDTHB 2
Sugar 2
US500 2
XAUAUD 2
Copper 2
Coffee 2
XAUUSD 2
USDX 1
AUS200 1
US30 1
EURTRY 1
EURNZD 1
25050075010001250150017502000
25050075010001250150017502000
25050075010001250150017502000

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 "Pepperstone-Edge03" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.

Dunboyne-Production
0.00 × 1
LCG-Live
0.00 × 1
Pepperstone-Edge07
0.00 × 1
ICMarkets-Live09
0.00 × 1
TMS-Demo
0.00 × 37
JFD-Live02
0.00 × 1
ETXCapital-Live Server
0.00 × 3
AxiTrader-US02-Live
0.00 × 2
EGlobal-Cent5
0.00 × 1
Activtrades-2
0.00 × 6
OctaFX-Demo
0.00 × 2
ICMarkets-Live08
0.20 × 15
EuromarketFX-Live
0.31 × 404
ICMarkets-Live04
0.32 × 492
Tier1FX-Real
0.35 × 68
Pepperstone-Edge01
0.38 × 722
RoboForex-Demo
0.40 × 10
ForexMart-RealServer
0.44 × 39
Pepperstone-Edge04
0.47 × 2233
Tickmill-Live02
0.50 × 2
XM.COM-Real 10
0.63 × 62
QTrade-5
0.67 × 3
Pepperstone-Edge03
0.70 × 5080
Pepperstone-01
0.71 × 58
Pepperstone-Edge06
0.80 × 98
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