Turning the methods of discretionary traders into an EA! An annual return of over 50% is expected with 'PMA'
1-position low-drawdown EA『WeStreetPMArinaFilterUSDJPY5m』
Commonly known as "PMA" (Pi-ma)
【EA Overview】
Currency pair：[USD/JPY]
Trading style：[Day Trading][Swing Trading]
Maximum number of positions: 1
Used timeframe: M5
Maximum stop loss: 210 Others: Buy=210pips,Sell=130pips
Take profit: 50 Others: Buy=50pips,Sell=50pips
In addition to TP/SL settlements, there are internal logic-based settlements, breakeven, compounding function, and weekend close functionality
The EA name is long, so we will call it "PMA" (Pee-ma).
【EAization of a top-10 discretionary trader's method】
The PMA's main feature is that the method of the discretionary trader who posted it, "Daburu-i," has been
EA-ized into an EA.
（Image cited from the sales page）
Just looking at the number of pips, you may wonder what kind of method was used for trading!
【Forward Performance】
Active since November 2016,Over 1 year of forward performance!
Annual gained pips 613 pips
Number of trades 413
And, despite being a 1-position EA, the number of trades and the earned pips are excellent.
【Trade Analysis】
Let's look at actual entries
A safe design that only enters in the trend direction!
There are times when drawdown occurs as the trend ends, butagainst the maximum stop-out of 210 pips,
Average stop-out is 21 pipsso it's clear that it cuts losses well.
【Operable from 200,000 yen】
Because it is a 1-position EA, losses are easy to control; the recommendation is 0.1 lots per 200,000 yen.
The fx-on forward test also lists a recommended margin of 140,000 yen.
With a 200,000 yen margin, in a little over a year you gain 100,000 yen, which means an annual return of over 50%.
We have seen that the forward performance is solid, so now let's look at backtest figures to see the profit potential.
Let's see how much profit can be expected.
【Expected annual return and maximum drawdown from backtests】
【In simple interest operation】
（Period）2006.01.01～2015.12.31(10 years)
（Spread）1.0 pips
（Lot）0.1 lot fixed
（Net profit）11,702.83 USD / annual average 1,170 USD
（Maximum drawdown）576.43 USD
Using 0.1 lot, you can start with 200,000 yen, so achieving an annual return of over 50% is possible.
【With compound interest, 10-year operation yields +2000%】
In a compounding operation, the lot increases from the 200,000 yen base with 0.1 lots.
Even in 10 years of backtesting, the relative drawdown was 28%.
By contrast, the return would start from $5,000 and reach 1,000,000,000 yen…
Realistically, increasing the lot size becomes difficult; if you want a timeframe of several years,
the result when compounding at 50% annual return is,
Year 2: 125%
Year 3: 237%
Year 4: 406%
Year 5: 659%
will be achieved.
Starting with 200,000 yen, it would become 1,310,000 yen in five years.
I think this is a fairly realistic figure!
Discretionary trader's method turned into an EA!
A low-drawdown EA "PMA" that can target 50% annual return even with simple interest♪
