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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
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
Missmatched charts errors 0
Total net profit
254.46 Gross profit
254.46 Gross loss
Expected payoff 50.89
39.31 Maximum drawdown
87.46 (17.25%) Relative drawdown
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.
MT4talk Forex Robot Tester Team
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!
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!
The test time: 2 months.
Total trades: 72
Average trades per month: 36
Total profit: $1,430,943
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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Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
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