Gains of over 200 pips at a moment in a 10-year backtest! Low-drawdown USD/JPY scalping EA "Aqua Exclamation"

First, we'll review the strategy.

 

This is a USD/JPY scalping EA that uses a 5-minute chart.

The maximum number of positions is 3, and both the stop loss and take profit are automatically closed.

Let's look at the forward results published on the product page.

  

It has been operating for about 11 months since February 6, 2019. There are occasional minor drawdowns, but overall it trends upward through the year.

Maximum drawdown3.21%— a relatively safe performance.

The backtest period covers 2010 to the end of 2019, a 10-year span. Fixed 0.1 lot, spread is 10 points.

 

The win rate is 64.54%. Like the forward test,the maximum drawdown is kept in the 3% range.

The recommended margin amount is fixed at 0.1 lot,

and it seems safe to operate from around 230,000 yen.

The expected annual return in this case is9.9%.

 

In about ten years, the only year with a loss was 2017.

 

Excluding 4-day holds that cross the weekend, most trades are completed in minutes to hours.

Since Aqua Exclamation only states that Take Profit and Stop Loss are automatically settled, we will check the maximum gain and loss in pips from the 10-year trading history.

 

•Maximum gain pips was 201.4 pips during the 2019 flash crash!

• Maximum loss pips is -88.1 pips in 2015. However, since Aqua Exclamation can hold multiple positions, in the 3rd–4th blue frames at the same time there were losses of -79.6 pips and -74.8 pips, so you should expect a maximum loss of around -160 pips in a single trading opportunity.

Since compounding is possible, we will run a backtest for half the period, 5 years, with compounding.

 

With compounding for half the period,net profit increased by 1.59x. However, the maximum drawdown rose to about 21% of total funds, which you should be aware of.

Because parameter settings allow adjusting the compound feature leverage,you should use it according to your risk tolerance and goals.

As we have seen above, Aqua Exclamation is a USD/JPY-only EA that can operate with low drawdown and controlled losses for stable performance. At the same time,it also has the potential to earn substantial profits of over 100 pipsin volatile markets.

It is an EA that we would recommend to those who want to reliably profit from its operation but are wary of large losses.