High win-rate balanced EA! 『USD/JPY Scalper 2』
This time we introduce a notable EA that has just been released on November 8, 2017.
Its exact name is'USD/JPY Scalper 2'.
As its name suggests, USD/JPY Scalper 2 is an EA specializing in ultra-short-term trading on the USD/JPY 5-minute chart.
Because it has just been released, there is little live data, and recent performance shows a slight decline, but backtesting over roughly 12 years from January 2005 to October 2017 shows pretty good results!
For example, with an initial margin of 10,000.00, the net profit with simple interest is 78,417.61, having grown about sevenfold over 12 years. In other words, starting with 1,000,000 yen yields about 650,000 yen in annual profit.
Additionally,Win rate: 73.99%is relatively high, with both selling and buying positions exceeding 70%. The number of trades is nearly even, which helps keep balance as a hallmark.
However, drawdown should be noted.Maximum drawdown is 4130.69which is relatively large. However, you can limit the damage by avoiding operation when economic indicators are released or when big chart moves are expected. On the EA description page there is a comment saying"During indicators or when spreads widen, please turn off the EA to increase the win rate."So, if used well, there is potential for stable profits.
Also, since the spread setting is 0.5, domestic brokers should yield results fairly close to the backtest. There are a few caveats in handling, but it is indeed a very attractive EA.
High-Win-Rate USD/JPY 5-Minute Scalper EA