The definitive edition of swing trading! Beatrice RISE1
【Beatrice RISE1 Overview】
Currency pair: [EUR/USD]
Trading style: [Swing trading]
Maximum number of positions: 3
Timeframe used: M15
Maximum stop loss: 130
”Beatrice RISE is a swing-trade EA that updates and strengthens the previous Beatrice series.”
2017 saw a series of global upheavals from the start of the year, plunging many market participants into confusion.
In particular, the USDJPY pair's annual range was half of normal, and trading volume in the foreign exchange market also plummeted,
and other currency pairs were not only less volatile but also showed moves difficult to read.
In such circumstances, many traders were forced to withdraw from the market.
In low-volatility markets, many swing-trade EAs, not only Beatrice, stagnated, and low-risk but low-return cautious scalping became popular.
However, based on my market experience, I couldn't deny that high returns can only be achieved with swing trading.
Therefore, I released the improved version of the EA that had been kept in reserve.
That is this EURUSD swing-trade EA『Beatrice RISE1』.
【Backtest Analysis】
Forward operation is still short, so let's look at its potential in a long-term backtest!
2007.01.01-2017.12.31 (11-year backtest)
Spread: 1.0 pips
Fixed at 0.1 lot
Maximum drawdown: $3,337
Net profit: $16,562
Total trades: 1,165
Win rate: 46.7%
Average winning trade: $125
Average losing trade: -$83
This is the result!
The win rate isn't high, but the average win to average loss ratio is 1.5:1, so profit remains.
In that regard, it may be easier on the heart than enduring a slow gain followed by a big drawdown (^^)
【Monthly P/L】
Looking at monthly results, August tends to be underperforming in most years.
Analyzing on a monthly basis may help reduce risk somewhat.
【Annual P/L】
Looking at yearly results, 2007 and 2009 are slightly negative.
On average, the annual expected profit was $1,505 (per 0.1 lot).
【Trade Examples】
Blue: BUY
Red: SELL
As befits swing trading, it is characterized by taking larger moves.
Average take-profit is $125 = 125 pips!
Holding time often spans several days.
As profits accrue, trailing stop moves the SL up gradually, reducing the chance of large losses.
【Account Opening Campaign Available!】
Actually there is a way to obtain this latest Beatrice RISE1 for free♪
EZ Invest Securities Tie-up Campaign!
※Mini Course only (course that can trade from 1000 currency units)
https://fx-on.com/lecture/duty.php?c=46&i=14260
Here is the free account version