A stochastic based trend following system with a number of filters optimized for H4 and D1. Trades 19 pairs on H4 and 10 pairs on D1 with 1.0 -3.5% risk each trade. Uses a set SL to BE after x number of pips and also trails profit to reduce drawdown/losses and to lock in profit in ranging/choppy markets.
The trend is determined by a custom MA on two time frames where the trend has to be aligned on both time frames for the EA to open a trade.
A hedge position with identical lot size/strategy is opened if an opposite signal occurs
Lots are set to 0.01 and 0.02 per USD 1000 account balance. TP is varying from 25 to 800 pips depending on what pair/time frame is traded. SL is varying from 75 to 350 pips.
The system which I have developed and improved over a 3 years period is 100% automated, but before market closes on Fridays I do occasionally close open trades which are in small profits where SL has already been moved to BE.
Expect a total of 50-70 trades a month.
My long term goal is a 5- 10% monthly gain with a maximum floating drawdown of 10% and a maximum actual drawdown of 5%.
As my system is based on the sound trading principle "Cut the losses and let the profits run", quite many trades will be stopped out at break even.
If you want to trade a stable and robust system with low drawdown to make decent long term gains, I wish you welcome on board!
If you have further questions, please be in touch.
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 "HFMarketsEurope-Live Server2" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
|0.00 × 13|
|0.00 × 12|
|0.00 × 2|
|0.00 × 35|
|0.00 × 17|
|0.00 × 26|
|0.04 × 56|
|0.07 × 422|
|0.10 × 10|
|0.16 × 25|
|0.18 × 17|
|0.27 × 453|
|0.33 × 241|
|0.38 × 89|
|0.58 × 93|
|0.80 × 231|
|0.91 × 113|
|0.92 × 48|
|0.95 × 490|
|1.00 × 1|
|1.18 × 55|
|1.28 × 25|
|1.33 × 3|
|1.33 × 15|
|1.45 × 56|