BACKTESTING RESULTS AND HOW THEY WERE ACHIEVED:
There are quite a lot of inputs on this EA and backtesting all of them would produce tens of millions of potential combos so testing is being completed step by step however because the EA is predominently designed for use on Indices so the main focus is on the DAX, NASDAQ and DOW on the open. A number of exams are run over a 12 months to get the preliminary outcomes for robustness after which you’ll be able to take a look at these over longer intervals and out of pattern intervals to confirm outcomes are both at the least breakeven or worthwhile on these intervals too.
When backtesting I’ve run the EA within the technique tester in MT4 with the optimizer. This give a number of runs of the EA to show that it’s strong with plenty of settings. On a typical run of 1000 variations of anyone enter perameter the EA will obtain 80-90% of the settings being worthwhile. This offers us confidence that no matter you employ as an enter (inside motive) you must get a worthwhile return and an edge provided by the EA.
There are numerous exams that may be carried out within the optimizer like proportion targets, particular person commerce targets, simply taking one breakout, utilizing add-on trades or not, trailing cease ranges, breakeven ranges, quantity of danger and so forth…Not all have been examined however as extra outcomes are available in from customers or additional testing is completed by my these can even be added right here. Additionally the EA can be utilized on different devices and timetrames too which there might be worthwhile settings for little question. These are simply to provide you a taster for what is feasible and present you some preliminary set recordsdata that may work. I’d encourage you to attempt your personal backtesting and optimization to seek out extra that give you the results you want.
1. Assessments all conduced utilizing tick degree knowledge offered by Dukascopy to offer accuracy of 99.9%.
2. Check all utilizing a hard and fast danger quantity per commerce to make sure compounding doesn’t scew outcomes.
3. Preliminary testing to show technique idea worthwhile is carried out over 1 12 months from 2021-04-01 – 2022-04-01.
4. System perameters permutaion take a look at to examine a number of variations of settings like cease loss, take income, breakevens to make sure the technique will work safely with many variations of the inputs.
5. Fastened pip spreads (2 pips) are used though on most indices you will get higher.
6. Run on the M5 timeframe solely.
Beneath you’ll be able to see the precise take a look at settings used, the DAX is proven right here however the date ranges, time-frame and unfold settings are similar for all indices.
NOTE: As proven above is the event title of the EA
STARTER SET FILES:
Preliminary testing of the EA has been completed to seek out set recordsdata that work and are strong.
These set recordsdata carry out effectively on the examined indices however could not swimsuit the danger urge for food of all so I’d encourage you to check for your self too. Wit nearly all of the exams you’ll be able to merely alter the danger quantity enter which is able to then scale back or enlarge the revenue and drawdown accordingly.
IMPORTANT NOTE ABOUT THIS EA AND THE STRATEGY IT TRADES TO BEAR IN MIND WHEN VIEWING THESE RESULTS AND SET FILES!
It is a pattern breakout EA. It’s designed to benefit from pattern days ideally the place worth breaks out on the open and runs for a session/day. Subsequently like all different breakout and pattern methods it’s designed to get “house run” wins and never attempt for accuracy or a excessive strike fee. Strike charges of 20-30% are typical in these kind of methods and the main focus is on minimising drawdown when breakouts fail, not getting the commerce proper al the time. Massive paydays, delivered constantly over a 12 months is the sting this EA is producing. You’ll expertise stagnation in income when vary certain exercise is current for days on finish so pairing this EA with a imply reversion technique would mitigate these intervals properly.
DAX:
DAX – 3 – 5 and 15 TP.set – Return on Drawdown = 3.00
Check Situations:
Preliminary danger used: $500 per commerce
Account measurement: $100k
Frankfurt Open buying and selling DAX – open at 10:00, Breakouts at 10:05, 10:10, 10:15 + closing pending orders at 11:30
All different settings are within the set file you’ll be able to obtain on the backside of this weblog submit.
DAX – 6 – 15 Min Pre.set – Return on Drawdown = 3.42
Check Situations:
Preliminary danger used: $500 per commerce
Account measurement: $100k
Frankfurt Open buying and selling DAX – open at 09:45, Breakouts at 10:00, 10:05 + closing pending orders at 11:30
All different settings are within the set file you’ll be able to obtain on the backside of this weblog submit.
DAX – 7 – 5 Min Solely.set – Return on Drawdown = 2.50
Check Situations:
Preliminary danger used: $600 per commerce
Account measurement: $100k
Frankfurt Open buying and selling DAX – open at 10:00, Breakouts at 10:05, 10:10, 10:15 + closing pending orders at 11:30
All different settings are within the set file you’ll be able to obtain on the backside of this weblog submit.
NASDAQ:
NAS – 3 – 15 Min Pre.set – Return on Drawdown = 2.64
Check Situations:
Preliminary danger used: $500 per commerce
Account measurement: $100k
US Session open buying and selling DOW & NASDAQ – open at 16:30, Breakouts at 16:35, 16:40, 16:45 + closing pending orders at 18:00
All different settings are within the set file you’ll be able to obtain on the backside of this weblog submit.
NAS – 5 – P.c.set – Return on Drawdown = 4.37
Check Situations:
Preliminary danger used: $500 per commerce
Account measurement: $100k
US Session open buying and selling DOW & NASDAQ – open at 16:30, Breakouts at 16:35, 16:40, 16:45 + closing pending orders at 18:00
All different settings are within the set file you’ll be able to obtain on the backside of this weblog submit.
NAS – 6 – 5 and 15.set – Return on Drawdown = 3.41
Check Situations:
Preliminary danger used: $500 per commerce
Account measurement: $100k
US Session open buying and selling DOW & NASDAQ – open at 16:30, Breakouts at 16:35, 16:40, 16:45 + closing pending orders at 18:00
All different settings are within the set file you’ll be able to obtain on the backside of this weblog submit.
DOWNLOAD THE SET FILES:
The set recordsdata are all obtainable in a zipper folder you will notice slightly below this textual content on the backside of the weblog submit.