'Mado-ume-kun' version with support for multiple currency pairs
'Mado-ume-kun Professional' has been released!
'Mado-ume-kun' was originally a USDJPY-only EA, but it's popular for its small stop-loss and good win rate.
(↓ Original 'Mado-ume-kun')
However,because it only enters trades when the win rate is high, the trading frequency is low, which was the only drawback.
So, based on user requests, it was decided to release a version that supports multiple currencies!
The recommended currency pairs are those with small spreads and high liquidity, namely
[AUD/USD][GBP/USD][EUR/USD][EUR/JPY][USD/JPY]
five currency pairs are recommended.
On fx-on Forward, there are still few operating days, so there isn't much track record yet,
but there is a limited-time release commemorative campaign until 7/16,
so why not grab it this opportunity?
Now, let's quickly look at the backtest analysis for each currency pair and the optimal lot sizes!
The product page has backtest details for each currency pair (two years) uploaded, but
we've summarized them in an easy-to-view way.
■No variance in earnings by currency pair!
Backtest results for 0.2 lots over two years.
All currency pairs have stable annual gains around 300 pips, which is amazing.
When you overlay the graphs, it looks like this!
From the profit amounts and the low drawdown, "AUDUSD" shows the cleanest upward trend.
EURJPY has large profits, but its drawdown is also fairly large.
Interestingly, the final profit amounts are roughly the same for all.
None of them stands out, and none become extremely negative
The ideal portfolio form!
■What's the difference from the original 'Mado-ume-kun'?
Originally, 'Mado-ume-kun' is optimized for USDJPY.
Actually, the multi-currency version 'Mado-ume-kun Professional' uses different parameters.
Therefore, compared to the original 'Mado-ume-kun',the acquired pips and the number of trades differ.
The original 'Mado-ume-kun' (original) in a two-year backtest shows a profit of 5,996 USD per 1 lot, with a maximum drawdown of 648 USD, but
For 'Mado-ume-kun Professional',if you run USDJPY only at 1.0 lotthe profit over two years is 302,700 yen, with a maximum drawdown of 59,800 yen,about twice the profit amount.
If you operate with a single currency pair, the original 'Mado-ume-kun' is clearly better.
■In the end, which is better?
We compared the profits and maximum drawdowns at the entry lot sizes for "Mado-ume-kun (USDJPY version)" and "Mado-ume-kun Professional".
When using up to 100k currency units, Mado-ume-kun has the higher profit rate, but the drawdown is lower for Professional.
Of course, Professional allows you to hold up to five positions of 0.2 lot each, so using the full 100k currency is rare.
The hallmark of 'Professional' is that even with larger lot sizes, maximum drawdown remains low, and the number of trades increases significantly (though timing is still about once a week).
By contrast, the 'Mado-ume-kun (USDJPY version)' features fewer trades but higher profitability.
Both have compelling advantages that are hard to compare.
If you want to increase the number of trades and further reduce drawdown!
Then Professional might be a good choice!
There is a limited-time campaign until July 16.
The original 'Mado-ume-kun' is optimized for USDJPY
and is a high-profit Gap-Fill EA.
Please take a look as well♪
