With the next-generation EA developers Algo Signals' EA, you can build a portfolio! GBP/JPY dedicated EA "George"
Algo Signals: The Highly Anticipated EA, Part 2
Currently performing wellCan be used in combination with Richard
An GBP/JPY dedicated EA with high profit potential
The forward-testing period began in September 2019, as it has just appeared, so all eyes are on its future performance.
【George Overview】
“George” has a maximum open-position count of 1 and uses a 5-minute chart.
The seller, Algo Signals, has another well-performing EA “Richard” which is USD/JPY-only, whereas this is GBP/JPY-specific.
The maximum stop loss is 72 and take profit is 50. Both appear to have a configurable exit feature via internal logic.Compared with Richard, the pound’s characteristic larger price moves lead to a larger take-profit value, and the stop-loss is set accordingly.
【Backtest Analysis】
We will review backtests from 2010 through the end of September 2019.0.1 lot fixed, spread is 15. The acceptable spread for parameter settings is 3.0 pips.
2010.01.01‑2019.09.30
Spread 1.5
Net profit +300,000 yen (annual average 30,000 yen)
Maximum drawdown −172,000 yen
Total trades 1,405 (annual average 144)
Win rate 65.27%
PF 1.11
Recommended margin amount is
5.5＋（17.2*2）＝39.9（万円）
So the target capital required for safe operation starts from about 400,000 yen.
In this case, the expected annual yield isapproximately 7.7%.
・Yearly Revenue
There were losses in 2010 and 2013, but including this year, the most recent six years show strong performance and profits.
The biggest gain was in 2016. Since then, Brexit effects are thought to have impacted results, so around the Brexit deadline at the end of October this year, profits may grow significantly again.
・Number of Trades
As noted earlier, the annual average number of trades is 144, but some years are busier than others, so the median is likely a bit lower. Looking at recent results, it’s around 100 trades.
・Position Distribution
Long and short distribution is approximately 3:1.
【Portfolio Analysis】
Assuming a portfolio with Richard from the same seller Algo Signals as recommended on the product page, we analyze potential earnings.・Portolio Advantages
There are various reasons to build a portfolio and benefits, but two particularly important ones areメリット①リスク分散
Even if one EA experiences a large drawdown, other EAs that are less affected or of different types can help stabilize overall profitability.メリット②成績の安定化
As a result of the above risk diversification, you can achieve stable profits regardless of market conditions. More EAs running means more trades and the potential to increase profits simultaneously.・About Richard
Richard
First, here are the backtest results for Richard in the same period and conditions as George.
2010.01.01‑2019.09.30
Spread 1.5
Net profit +506,000 yen (annual average 51,000 yen)
Maximum drawdown −43,000 yen
Total trades 1,764 (annual average 180)
Win rate 67.57%
PF 1.37
Richard has been previously analyzed, so if you want more details, click here below.
EA 'Richard' with over 50% annual return that can be the main USD/JPY trader
・Portfolio
Net profit +807,000 yen (annual average 82,000 yen)
Maximum drawdown −152,000 yen
Win rate 66.46%
PF 1.19
The thick blue line shows the revenue curve when the portfolio is formed.
Both are yen-denominated, and while 2013 saw George in drawdown, Richard posted strong profits, balancing gains and losses. The portfolio's diversification benefits are evident.
Since 2016, combined with Richard, profits have grown substantially.
Recent performance is stable, and profits that could not be achieved with a single EA are being generated.
Looking at the correlation between the two EAs, they are highly compatible; running them concurrently seems fine.
As seen above,George targets high returns with the GBP/JPY’s large moves while functioning as a convenient portfolio component. It pairs especially well with Richard from the same developer, so simultaneous operation is recommended.
GoGoJiang currently features “Exciting! Next-Generation Campaign,” and Algo Signals is being featured there.
Right now,limited quantityis available, but the George introduced here, along with other Algo Signals EA, offers a great deal!
Richard Dream Collaboration Set
