Over 3 years of forward experience! Excellent value for money 'MADMAN'
Excellent performance with a strong uptrend since 2016 and more than 3 years of forward-trade record!
The MADMAN EURUSD
[EA Overview]
Currency pair: [EUR/USD]
Trading style: [Scalping]
Maximum number of positions: 1
Timeframe used: M15
Maximum stop loss: 30 pips
Take profit: Variable
[Forward Performance]
Forward period: 3.5 years,
Pips gained: 655 pips (JPY 71,049)
Maximum drawdown: JPY 25,018
Trades: 736 (annual average 237)
Win rate: 67.53%
This is the result.
You might think the pips gained are small, but since the maximum drawdown is as low as ¥25,000,
it's fine to increase the lot size.
You can start from approximately ¥100,000 per 0.1 lot.
[Backtest Analysis]
The official backtest covered only two years, so we conducted a ten-year backtest again
2008-01-01 to 2017-12-31
Backtest period
2008.01.01-2017.12.31
Spread 1.0
Fixed lot 0.1
Net profit +$1,962
Maximum drawdown $419
Trades: 1,941
Win rate: 68%
This is the result.
A low maximum drawdown per 0.1 lot is a notable feature.
If you have 1 million yen, you can safely use 0.7–0.8 lots.
Annual expected return when maximum drawdown is in the 30% range is +14%.Annual expected return when maximum drawdown is in the 30% range is +14%.This is the case.
There is no compounding function, so it is advisable to adjust the lot size annually.
You might think the profitability is a bit lacking, but by compounding 14% annually
it will double in five years!
With a 3-year forward performance history
MADMAN EURUSD is
astonishingly
JPY 6,000!!
Also recommended for portfolio management.