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DVD Level (100-50 cent) EA
its very usefull and report is showin bellow
Strategy Tester Report
DVD 100-50 cent
Alpari-Classic (Build 226)
Symbol EURUSD (Euro vs US Dollar)
Period 1 Minute (M1) 2009.01.02 10:00 - 2010.11.15 16:02 (2009.01.01 - 2010.11.16)
Model Every tick (the most precise method based on all available least timeframes)
Parameters AccountIsMini=true; MoneyManagement=true; UseTrailingStop=true; TradeSizePercent=10; Lots=0.1; MaxLots=400; StopLoss=210; TakeProfit=18; MarginCutoff=10; Slippage=4;
Bars in test 688068 Ticks modelled 21693410 Modelling quality 25.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 1001828.36 Gross profit 1233251.81 Gross loss -231423.45
Profit factor 5.33 Expected payoff 2846.10
Absolute Array 1350.15 Maximal Array 161809.28 (19.09%) Relative Array 36.74% (96335.62)
Total trades 352 Short positions (won %) 188 (97.87%) Long positions (won %) 164 (96.95%)
Profit trades (% of total) 343 (97.44%) Loss trades (% of total) 9 (2.56%)
Largest profit trade 41406.97 loss trade -54725.84
Average profit trade 3595.49 loss trade -25713.72
Maximum consecutive wins (profit in money) 91 (829262.55) consecutive losses (loss in money) 1 (-54725.84)
Maximal consecutive profit (count of wins) 829262.55 (91) consecutive loss (count of losses) -54725.84 (1)
Average consecutive wins 34 consecutive losses
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About DVD Level (100-50 cent) EA
https://mt4talk.com/viewtopic.php?pid=1552#p1552
The EA is designed to seize opportunities in the forex market. It identifies trends and evaluates market conditions to decide when to enter buy or sell trades. It utilizes technical indicators and specific price levels to make informed trading decisions.
- The EA looks at short-term and long-term trends in the market using a tool called RAVI (Relative Average Vertical Index). It examines whether the market is in an uptrend or downtrend.
- For a BUY trade, it checks if the short-term RAVI on the 1-hour chart is negative (indicating a potential uptrend). It also considers certain price levels and patterns. For a SELL trade, it looks for a positive short-term RAVI and specific price conditions.
- The EA helps you manage risk by adjusting the trade size based on your account balance. You can choose to risk a certain percentage of your equity or specify a fixed lot size.
- It sets take profit and stop loss levels for each trade to lock in profits and limit potential losses. You can customize these levels to fit your trading style.
- You can enable a trailing stop feature that moves the stop loss as the trade becomes more profitable, helping to secure gains.
- The EA avoids trading during specific times, like on Mondays or during high-impact news events, to reduce the risk of unexpected market moves.
Adjustable Parameters:
AccountIsMini: Set to true if you're using a mini account, false for a standard account.
MoneyManagement: Enable or disable money management controls.
UseTrailingStop: Turn the trailing stop feature on or off.
TradeSizePercent: Specify the percentage of your equity to risk per trade.
Lots: Set a fixed lot size for trading.
MaxLots: Define the maximum lot size to use.
StopLoss: Choose the maximum number of pips you're willing to lose on a trade.
TakeProfit: Set the maximum profit level you want to achieve.
MarginCutoff: Specify the equity level at which the EA stops trading.
Slippage: Adjust the allowable slippage for order execution.
This EA offers a straightforward approach to Forex trading. It takes advantage of trends and employs risk management techniques to help you potentially grow your account while minimizing losses. The adjustable parameters allow you to tailor the EA's behavior to your risk tolerance and trading preferences, making it suitable for traders of all levels.
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