Stable-type grid trading Expert Advisor "Happy Forex" Part 2: Forward-looking trade analysis
In the previous article, we introduced the features of the 'Happy Forex' EA.
This time, the three settings for each type will be detailed,
and we will perform backtests and forward analyses for each!
【Recap】
'HappyForex' can operate as Settings 1–3 depending on the types and combinations of currency pairs
and can operate as three types of EAs.
Setting１：Stable uptrend with one currency pair, characterized by low drawdown
Target currency pairs: AUDUSD or GBPUSD (H1)
【Normal design】
Account funds: $1,000
Close at $12 profit
Orders at 25-pip intervals,
One pending order per day
0.1 lot
The rest are default
【Safe design】
Account funds $1,000
Close at $6 profit
Orders at 25-pip intervals
One pending order per day
0.05 lot
The rest are default
Setting2：Operates with 3 currency pairs, restricting trading times and days,
an aggressive type with high turnover expected at 10-pip intervals
Target currency pairs: GBPUSD, EURUSD, AUDUSD (H1)
Account funds: $200
Do not trade on Fridays,
Trading hours are GMT-5, only between 22:00 and 05:00
Close trades at 6:00
One pending order per day
Close at $1 profit
Orders at 10-pip intervals
0.01 lot
The rest are default settings
Setting 3: Operates with two currency pairs, aggressively trading in a stable market using indicator mode
Account funds: $1,000
Close at $10 profit
Orders at 10-pip intervals
0.01 lot
One order per day
Indicator filter ON
The rest are default settings
HappyForex's recommendation is Setting 3apparently,
It operates with the two currency pairs EURCHF and AUDUSD with the indicator filter ON.
The forward for Setting 3 is conducted by two firms
【Setting3】(Details can be viewed from the link)
Initial account funds: $10,000
Operate at 0.05 lot
Operating with AUD and EURCHF
For $10,000, 0.1 lot is recommended, but (lol),
Judging from the maximum drawdown, increasing to 0.1 lot seems completely fine.
In that case, it would amount to about $50,000 more in three and a half years.
Initial account funds: $1,000
Operate at 0.01 lot
Operating from 2015-01-05 for 2.5 years
In 2.5 years, from $1,068 to $2,485, a +132% increase! The drawdown is also low at 6.5%.
Total pips earned: 14,022 pips!
【Trading style inferred from history】
It seems to be a type that makes one entry per day and closes all profits when the target is reached in one go!
Therefore, please note that there is a possibility of holding multiple positions.
Also, since there is no automatic compounding, as the account balance increases, adjust the entry lot size and profit amount with parameters to make the P/L curve rise more steeply to the right.
If you adjust them via parameters, the profit and loss curve will rise more steeply to the right.
（Forward tests remain unchanged from the initial settings。）
From the data, the maximum number of positions held is not clear without closer inspection, but,
On fx-on forward, over six months of operation, “maximum 6 positions”is indicated.
■Setting２は短期間のフォワードあり
Setting 2 operates on four currency pairs: AUDUSD, EURUSD, GBPUSD, USDCAD
This type, and the pips gained for each currency pair are as above.
As expected, AUDUSD is the best, so AUDUSD alone or the AUDUSD and EURCHF combination
is recommended.
Oanda was around 1.4 pips.
For AUDUSD, spreads don't seem to differ much among brokers!
For those looking for an EA other than USD/JPY, this is a recommended low-risk EA♪
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