The continually evolving "utility player".
Utility Playerhas been upgraded.
① Reduce stop loss to 70 pips
② Add position comment
③ Fine-tune various parameters
As a result, the price became 15,000 yen.
① We conducted a long-term backtest to verify the stability of the logic. ② The configured spread was set to 1.5 pips to confirm spread resilience. ③ Based on that, the profit factor is a realistic number. ④Maximum drawdown is about 350 pips.⑤ With a trade frequency that is not too few, both selling and buying are roughly equal. ⑥ The win rate is 70% and it is a scalping type. ⑦ Consecutive wins are frequent, and losses from drawdowns are kept small.
(1) It is a combined trend-following and counter-trend logicAs everyone knows, market conditions vary at different times.
Broadly speaking there are trending markets and ranging markets.
There are moments when trend-following is effective,
and moments when counter-trend is effective.
Utility Player was designed with the concept of coexisting trend-following and counter-trend within a single EA
to stabilize profitability.(2) And it is the same logicTherefore, if the trend-following logic and counter-trend logic were completely different logics
and not connected by a single line,
each would have its own strengths and weaknesses and could fail to fully complement each other.
With the hypothesis that might occur, under the same single logic's conditions,
apply trend-following in appropriate situations and counter-trend in appropriate situations.
This is how the EA was built.
Thus, by connecting trend-following and counter-trend with the same single line,
they sufficiently complement each other’s risks to stabilize profits.
In other words, to handle any market environment,
we named it Utility Player.Utility PlayerAs everyone knows, market conditions vary at different times.
Broadly speaking there are trending markets and ranging markets.
There are moments when trend-following is effective,
and moments when counter-trend is effective.
Utility Player was designed with the concept of coexisting trend-following and counter-trend within a single EA
to stabilize profitability.(2) And it is the same logicTherefore, if the trend-following logic and counter-trend logic were completely different logics
and not connected by a single line,
each would have its own strengths and weaknesses and could fail to fully complement each other.
With the hypothesis that might occur, under the same single logic's conditions,
apply trend-following in appropriate situations and counter-trend in appropriate situations.
This is how the EA was built.
Thus, by connecting trend-following and counter-trend with the same single line,
they sufficiently complement each other’s risks to stabilize profits.
In other words, to handle any market environment,
we named it Utility Player.Utility PlayerTherefore, if the trend-following logic and counter-trend logic were completely different logics
and not connected by a single line,
each would have its own strengths and weaknesses and could fail to fully complement each other.
With the hypothesis that might occur, under the same single logic's conditions,
apply trend-following in appropriate situations and counter-trend in appropriate situations.
This is how the EA was built.
Thus, by connecting trend-following and counter-trend with the same single line,
they sufficiently complement each other’s risks to stabilize profits.
In other words, to handle any market environment,
we named it Utility Player.
