Strategy Review: "zoras" EA – Timeframe H1, Symbol: XAUUSD (May 2025)

Tested on ICMarketsEU-MT5 (build 4885) using real tick data (100% quality) for the period 01.05.2025 – 28.05.2025.

Key results:

• Total Net Profit: +202.10 pips

• Profit Factor: 2.86

• Win Rate: 60% (80% on LONG trades)

• Max Drawdown: 15.64% (balance), 24.63% (equity)

• Average Position Holding Time: ~20 hours

• Largest Profit Trade: 89.48

• Largest Loss Trade: -31.70

The EA operates based on Ichimoku Kumo breakouts with dynamic stop loss capped at 3000 points and a risk-reward ratio of 1:3.

Inputs used:

• Lot Size: 0.01

• RangeFast: 9

• RangeMid: 26

• RangeSlow: 52

• RiskRewardRatio: 3

• MaxSL_Points: 3000

• CloseOnWeekend: false

Summary:
The "zoras" EA demonstrates strong performance under real market conditions, maintaining a good balance between risk and return. It effectively avoids false breakouts and capitalizes on significant price movements. Recommended for further forward testing or live trading with small lot sizes.

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“The Strategy Tester Report shows a solid performance for your Expert Advisor ZORAS, trading XAUUSD on the M5 timeframe between June 1st and June 17th, 2025. Here's a detailed analysis with conclusions and suggestions:”

📊 PERFORMANCE SUMMARY

✅ WHAT WORKS WELL

• High profit factor (2.5) and strong net gain

• Excellent Sharpe Ratio – reliable returns

• Controlled losses, with average loss well under max SL

• Strategy adapts well to XAUUSD volatility on M5

⚠️ WHAT TO IMPROVE

• Equity drawdown of 18.88% might concern some traders – suggest refining SL or adding filters

• Win rate below 50% is acceptable at R:R 3, but could benefit from extra confirmation filters (e.g., ADX, trend strength)

Performance Overview

• Total Net Profit: $908.84 on an initial deposit of $5,000 → +18.17% return 

• Profit Factor: 6.80 → Indicates strong profitability (profit is 6.8 times larger than losses).

• Expected Payoff: $8.66 per trade → A good average profit considering the small lot size (0.01).

Trade Quality

• Total Trades: 105 (210 deals)

• Win Rate: 99.05% (104 winning trades out of 105) → Extremely high consistency.

• Loss Trades: 1 losing trade (0.95% of all trades).

• Largest Profit Trade: $15.57

• Largest Loss Trade: -$156.80 → the only significant loss.

Risk & Drawdown

• Balance Drawdown Maximal: $156.80 (2.59%) → very low balance drawdown.

• Equity Drawdown Maximal: $827.09 (14.76%) → shows that during floating drawdown periods, risk was higher (typical for grid systems).

• Sharpe Ratio: 1.57 → stable performance with acceptable risk-adjusted returns.

• Recovery Factor: 1.10 → after a losing period, profit recovery is efficient.

Behavior Insights

• Profit distribution: Most trades are small and frequent winners, which is expected from a grid-based breakout logic.

• Loss distribution: Only one major loss (-$156.80), confirming that the risk control prevented multiple losses from accumulating.

• Floating Drawdown: Although balance drawdown is low (2.59%), equity drawdown reached 14.76%, meaning floating losses are the main risk factor, typical for grid-based strategies.

Conclusion

• Strengths: Extremely high win rate, stable profit factor, low closed balance drawdown, and consistent profit generation.

• Weakness: The strategy can accumulate floating losses (equity drawdown up to 14.76%) before positions resolve profitably. Users must be aware of margin usage and risk exposure.

• Recommendation: Use moderate lot sizes (default 0.01) and consider enabling the loss limit for more conservative risk management.