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Super EUR/USD Scalper

by George Kourogiorgas

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Try your Forex Robot with a small deposit, with leverage up to 1:3000 on ZERO Spread Forex account!


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21hour EA

Topic: 21hour EA

This EA place two pending orders at the specified time and delete one of them when another one triggers. Exit is performed by TakeProfit or by time expiration, depending on what happens first.
The default settings:
Lots - the volume of the order,
ChasStart - the time of placing the orders,
ChasStop - the time of closing the orders,
Step - the distance from the price when placing the pending order,
TP - TakeProfit

Strategy Tester Report
21hour
Alpari-Classic (Build 220)

Symbol     EURJPY (Euro vs Japanese Yen)
Period     1 Hour (H1) 2008.11.03 00:00 - 2008.12.08 09:00 (2008.11.01 - 2008.12.09)
Model     Every tick (the most precise method based on all available least timeframes)
Parameters     Lots=0.1; ChasStart=10; ChasStop=22; Step=15; TP=200;

Bars in test
    1606     Ticks modelled
    748858     Modelling quality
    52.19%
Missmatched charts errors
    3    
   
   
   

Initial deposit
    10000.00    
   
   
   
Total net profit
    792.85     Gross profit
    2597.94     Gross loss
    -1805.09
Profit factor
    1.44     Expected payoff
    31.71    
   
Absolute drawdown
    515.25     Maximum drawdown
    917.51 (8.34%)     Relative drawdown
    8.34% (917.51)

Total trades
    25     Short positions (% won)     16 (56.25%)     Long positions (% won)     9 (66.67%)

    Profit trades (% of total)     15 (60.00%)     Loss trades (% of total)     10 (40.00%)
Largest     profit trade     213.43     loss trade     -582.46
Average     profit trade     173.20     loss trade     -180.51
Maximum     consecutive wins (profit in money)     4 (761.80)     consecutive losses (loss in money)     4 (-758.50)
Maximum     consecutive profit (count of wins)     761.80 (4)     consecutive loss (count of losses)     -758.50 (4)
Average     consecutive wins     3     consecutive losses     2

Post's attachments

21hour.mq4 3.03 kb, 14 downloads since 2014-10-21 

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Re: 21hour EA

Hi Difor,


Your backtesting with very low modelling quality. It must be at least 90% or if best, it is 99% to be a good, reliable backtesting result.

Also, LOSS is MUCH MORE THAN PROFIT. Then, how can we trust it to trade on live account?

Please explain your reason to believe this ea is promising.

Thanks

James

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Re: 21hour EA

please optimize your setting more to make this ea profitable.

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Re: 21hour EA

anybody use this system please share review for this system?thank you..

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