Discretionary trader's methods turned into an EA! Part 2 "MassyBo"
8-month forward return +71%!
Risk-reward ratio 2.34
Discretionary trader's method turned into an EA,
An orthodox single-position EA
WeMArinassyBollingerUSDJPY5mV2
Short for 'MAssyBo' (Massibo)!
【EA Overview】
Currency pair: [USD/JPY]
Trading style: [Swing Trading][Scalping]
Maximum positions: 1
Timeframe used: M5
Maximum stop loss: 200 (Buy=200 pips,Sell=130 pips)
Take profit: 160 (Buy=110 pips,Sell=160 pips)
Notes: settlements by internal logic (technical, breakeven, trailing (ATR included)); with compounding feature
【Forward Analysis】
During the 8-month period from 2017.5 to 2017.1,+804 pipsearned!
Return on the recommended margin is +71%, andan annual return of 100% is not a dream for a well-performing EA!
【Backtest Analysis】
If you adjust the lot size so that the maximum drawdown is around 30%,annual average +57%is achieved!
【Backtest Detailed Analysis】
With 0.1 lot operation, you can safely operate starting around 250,000 yen.
Maximum drawdown is 41%, so it might be a bit high risk?
WeMArinassyBollingerUSDJPY5mV2