RSI_Test EA - (Tested with over $1,400,000 profit)

The parameters for the optimization are: BuyOp, SellOp,Test.

The chart is only for one day because the parameters are optimized everyday.

It behaves very good on the M1. The best values are on EURJPY

The strategy tester report is given bellow..

Strategy Tester Report
RSI_Test
Alpari-Classic (Build 218)

Symbol EURJPY (Euro vs Japanese Yen)
Period 1 Minute (M1) 2008.10.17 00:00 - 2008.10.17 22:59 (2008.10.17 - 2008.10.20)
Model Every tick (the most precise method based on all available least timeframes)
Parameters TakeProfit=50; Lots=0.1; RiskPercentage=10; TrailingStop=50; MaxOrders=1; BuyOp=29; SellOp=74; magicnumber=777; Test=11; SetHour=0; SetMinute=10;

Bars in test
2380 Ticks modelled
33018 Modelling quality
25.00%
Missmatched charts errors 0

Initial deposit
400.00

Total net profit
254.46 Gross profit
254.46 Gross loss
0.00
Profit factor

Expected payoff 50.89

Absolute drawdown
39.31 Maximum drawdown
87.46 (17.25%) Relative drawdown
17.25% (87.46)

Total trades
5 Short positions (% won) 3 (100.00%) Long positions (% won) 2 (100.00%)

Profit trades (% of total) 5 (100.00%) Loss trades (% of total) 0 (0.00%)
Largest profit trade 52.07 loss trade 0.00
Average profit trade 50.89 loss trade 0.00
Maximum consecutive wins (profit in money) 5 (254.46) consecutive losses (loss in money) 0 (0.00)
Maximum consecutive profit (count of wins) 254.46 (5) consecutive loss (count of losses) 0.00 (0)
Average consecutive wins 5 consecutive losses 0
№ Time Type Order Volume Price S / L T / P Profit Balance
1 2008.10.17 00:32 buy 1 0.10 136.65 0.00 0.00
2 2008.10.17 02:11 modify 1 0.10 136.65 137.15 0.00
3 2008.10.17 02:24 s/l 1 0.10 137.15 137.15 0.00 49.13 449.13
4 2008.10.17 06:34 sell 2 0.10 137.07 0.00 0.00
5 2008.10.17 09:02 modify 2 0.10 137.07 136.54 0.00
6 2008.10.17 09:03 s/l 2 0.10 136.54 136.54 0.00 52.07 501.20
7 2008.10.17 11:18 buy 3 0.10 135.63 0.00 0.00
8 2008.10.17 15:59 modify 3 0.10 135.63 136.13 0.00
9 2008.10.17 16:02 s/l 3 0.10 136.13 136.13 0.00 49.13 550.33
10 2008.10.17 17:07 sell 4 0.10 136.74 0.00 0.00
11 2008.10.17 17:38 modify 4 0.10 136.74 136.21 0.00
12 2008.10.17 17:38 s/l 4 0.10 136.21 136.21 0.00 52.06 602.39
13 2008.10.17 19:26 sell 5 0.10 137.03 0.00 0.00
14 2008.10.17 20:24 modify 5 0.10 137.03 136.50 0.00
15 2008.10.17 20:24 s/l 5 0.10 136.50 136.50 0.00 52.07 654.46

It doesn't take part in the Championship because of the auto-optimization (it can be used under the Championship, and the code is not mine as well), and the idea came to me after the beginning of the Championship.

Hi, thanks for sharing.

I updated this EA and I added an automatic lot size manager, which automatically grows the trading lot size as the trading balance is growing. Each time the robot makes a profit its starts trading with a bigger lot size. The profit talks for itself!

I made a lot of changes and tested this Forex robot on a real STP account!

Please look at what I got.

We tested on: FXOpen Broker!

IMPORTANT! Use the below button to open an FXOpen wallet to get leverage up to 500!
WARNING! If you are not using the below button to open a new FXOpen wallet, then you may not get leverage up to 500!

If you are using this Forex robot on any other forex broker, then you may have to find your own settings, because provided settings not working with all brokers.

We tested on super-fast Forex VPS! It's highly recommended for 24/5 automated trading!

Deposit: $500
Leverage: 1:500
The test time: 2 months.
Total trades: 72
Average trades per month: 36
Total profit: $1,430,943

I tested on the real account!



Note: We made this test for you, to give you a starting point. You should always make your own test.

Have a good trend and the biggest profit!

For detailed test information, please download the files below!

This test showed that this EA has potential. But all traders himself must optimize the EA on his account with many backtests and forward tests.

If you have any questions about this test you can contact me via email on my MT4talk profile page, at https://mt4talk.com/misc.php?email=25379
NOTE: Only MT4talk PRO members can contact me via email.

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