In 14 months, 2000 pips gained, with a 68% return, 'RECOBA Triple Swing M5'
Many traders prefer scalping, but it seems many are seeking swing trading as part of a portfolio.
'RECOBA Triple Swing M5' is a swing-type portfolio EA that compensates for the relatively low frequency of swing trades by operating across three currency pairs, and at the same time successfully keeps maximum drawdown in check.
The TP/SL balance is well-tuned, making it less prone to sudden big spikes and designed for steady growth.
From the forward results,
▲2019: +847 pips gained; 2020: negative in March but overall +1163 pips gained.
Over 14 months of operation,over 2000 pips, and the return on the recommended marginis +68%.
Notably, the risk-reward isSL100/TP12,
Backtest-derived recommended margin and expected annual return
Detailed explanations are provided on the sales page, and you can obtain enough information just by viewing it. Additionally, backtest HTML files that can be analyzed with QuantAnalyzer are freely available.
Portfolio results for the latest version 2.0 are here
There were no large differences in profit amount, number of trades, or drawdown among them.
▲ Profit and loss curves for each currency pair. From 2004 to 2009, AUDJPY stood out in profitability, but afterward it leveled off, and
ultimately the profits and losses of the three currency pairs were not very different.
▲ Distribution of time to position closure. The 4-hour interval yields the most profit, though some have become profitable in four days.
The recommended margin to operate the three currency pairs is,
AUDJPY 0.1 lot 30,000 JPY
GBPJPY 0.1 lot 55,000 JPY
EURJPY 0.1 lot 50,000 JPY
Therefore, if the maximum drawdown is 120,000 JPY,
(3 + 5.5 + 5) × (12 × 2) = 375,000 JPY
is the result.
Annual average profit 155,000 JPY (1550 pips)
Expected annual return is 32%.
Forward results show +2000 pips in 14 months, so the performance is likely equal to or better than the backtests.
Personally, there was an EA I bought heavily this year in March that performed poorly, and RECOBA Triple Swing falls into the latter category.
If you combine it with scalping EAs that performed well in March 2020, they might offset monthly losses.
▲BeeOne_USDJPY's pips gained in 2020. March stands out!
RECOBA free backtest data available here
You can also review upgrade details on the sales page.
Written by Tera GogoJungle Marketing.
