2-month return of 60%, risk-reward ratio of 4 or higher! 'RSI Cnt EA'
BigHead, known for RSIAverageEA and RSIBandsEA, releases the latest RSI series!
What does its performance look like from two months of forward testing and ten years of backtesting?
【EA Overview】
Currency pair: [USD/JPY]
Timeframe: M1
Maximum positions: 1
Trading type: Single-position operation
Maximum lot size: 0.01; Others: freely adjustable
Maximum stop loss: 130; Others: freely adjustable
Take profit: 0; Others: freely adjustable
No hedging
【Concept】
【The primary goal is to create an EA that can be used for a long time】
● Maintain a gradual uptrend to accumulate profits year after year.
● Avoid drawdowns that cause users to feel uneasy.
● The logic is extremely simple and does not require complex settings.
フォワード稼働2ヶ月で＋370pips, maximum drawdown 934 yen (93 pips)and
It has a strong start!
It is a 1-minute EA, but the monthly number of trades is about 40.
It tends to enter at least once per day.
■RSICntEA from 10-year backtests
The green bars represent net profit. There are big differences between good years and not-so-good years.
there were no years with losses throughout the year.
There were no negative years
If you compare average losing pips to winning pips, you can see the risk-reward ratio is at least 1:2.
■ Forward testing is ideal when profit÷loss ratio is 2 or higher.
Note: The forward run uses trade data from 2017/1/30 to 2017/4/5, so practically consider February and March as the monthly performance.
Note: The forward run uses trade data from 2017/01/30 to 2017/04/05, so practically consider February and March as the monthly performance.
Profit ÷ Loss is 2 or higher, which is reassuring.
With single-position operation, about 30-40 trades per month, so entering at least once per day is satisfactory.
In terms of gained pips, about 400 pips in two months, which seems to exceed the 10-year average of 694 pips in backtests.
As the concept states,
● Continue a gentle upward trend to accumulate profits year after year.
● Avoid drawdowns that cause users to feel uneasy.
■ A reliable EA that could become the main income source depending on margin and lot size!
Two-month return of 60%, profit 3,776 yen, and 400 pips gained may be hard to gauge, but it runs at 0.01 lot, so with 0.1 lot,
maximum drawdown of 9,340 yen and 37,760 yen profit,
If using 1.0 lot, maximum drawdown would be 93,400 yen with a profit of 377,600 yen!
Moreover, the recommended margin for that case is 630,000 yen.
On a 1,000,000-yen account, drawdown would be under 10%, resulting in about +37% growth over two months!
With the right approach, it could be a wonderful operation.
Launch promotion!
One-week only: 10,000 yen off!!
29,800 yen ⇒ 19,800 yen
