【MT4 Automated Trading】Picturesque mountains and clear waters～SANSI-SUIMEI～

Check the trend direction of higher timeframes

Achieve a high risk-reward with a simple method

Sanshi Suimei ~ SANSI-SUIMEI ~

■ Overview

Using MT4's standard technical indicators to check the trend direction on higher timeframes, and a simple pullback buying / retracement selling method that enters when oscillator-type indicators move in the opposite direction to that trend, with entries and exits at the opening price of the candlesticks.

■ Features

① High risk-reward ratio --> 20

Risk-reward ratio = cumulative profit (25,946) ÷ maximum drawdown (1,140)

② Through pseudo forward testing, confirmed that optimization by Strategy Tester is not curve-fitting.

③ Trailing stop is used to extend profits.

④ The equity curve grows linearly.

⑤ The stop-loss value is not larger than the take-profit value.

⑥ Without changing internal constants, backtests in USDJPY also yield good results, confirming the effectiveness of the logic.

■ Trading Logic

A simple pullback buying and retracement selling method using RSI, moving averages, Bollinger Bands, and MACD. Entries and exits are at the opening price of the candlesticks.

■ Weekend settlement

To avoid carrying positions over the weekend, we settle over the weekend.

■ EA Comments

The comments for both buy and sell are "SanshiSuimei".

■ Pseudo Forward Test

Over the first 10 years of the past 12, after optimization with Strategy Tester, the performance for the remaining 2 years was verified again with Strategy Tester using the same parameters, and we confirmed that it hardly declined.

Note: Since entries and exits are at the opening price of the candlesticks, the data below were modeled using the Strategy Tester's opening price, so the results may differ slightly from tick data.

<10-year backtest>

・Period: 2006.10.01 - 2016.10.01

・Spread: 2.0 pips

・Lot size: 0.16

・Max positions: 4

・Net profit: 21,512

・Maximum drawdown: 948

・Profit factor: 2.46

・Win rate: 80.79%

・Total trades: 2,051 (please replace this part)

Details for Sanshi Suimei ~ SANSI-SUIMEI ~