High win rate, low drawdown, suited for high-leverage trading, "the last three furlongs"
"CY's confident work by the author of 'Ippon Kachi'!"
High win rate, low drawdown: "Last 3 Furlongs"
EA Overview
Currency pair: [USD/JPY]
Trading style: [Scalping]
Max positions: 1; Others: Since it does not hold multiple positions, risk management is easier.
Timeframe used: M5
Maximum stop loss: 90 pips
Take profit: 10 pips
Forward test for 1 month, but so far, an astounding13 consecutive wins at 100% win rate!
I thought the stop loss might be large, but 90 pips isn't that big.
In 12 years of backtesting, the win rate is 92% — a high-performing EA!
Backtest Analysis
Backtest over 12 years from 2005-01-01 to 2017-12-31
0.1 lot fixed
Net profit: +377,464 JPY
Max drawdown: -26,168 JPY
Win rate: 92%
as shown.
Because the maximum consecutive losses is 2, the maximum drawdown is kept very low.
With 0.1 lot, the maximum drawdown is 26,000 JPY,
you can safely operate at 0.1 lot per 100,000 JPY.
Annual Profit and Loss
2005 and 2012 didn't look favorable.
2008 was a boom year...
On average, annual return is around +30% is expected.
Although compounding isn't included, if you manually adjust the lot size to 0.1 lot per 100,000 yen, you can more
efficiently operate.
What about beneficial set products, and portfolio compatibility?
There are two valuable set products for "Last 3 Furlongs."
The most popular combination is the pair "Ippon Kachi" and "Only One".
When comparing these three EAs...
Red: Last 3 Furlongs
Green: Ippon Kachi
Blue: Only One
Profit per 0.1 lot is
Only One > Ippon Kachi > Last 3 Furlongs
However, what matters is the "maximum drawdown".
We compared the maximum drawdown
When setting the maximum drawdown to about 30% and adjusting the lot size,the highest profitability was for "Last 3 Furlongs"!
However, the number of trades is relatively low, averaging about 106 per year, roughly twice a week.
With a good win rate and low maximum drawdown, it's an EA suitable for high-leverage trading!
Compounding is also best suited here.
Conversely, Only One has a not-high win rate but profits accumulate, so fixed-lot operation is recommended.
So, after comparing, what did you think about the appeal of Last 3 Furlongs?
From the profit curve, the combination of Ippon Kachi and Last 3 Furlongs seems to offset each other's drawdowns nicely.
In addition to the value sets, for those who already own CY's EAs, there is also a "discount edition," so
please consider it.
Actually the strongest ability!! The highly profitable Last 3 Furlongs was right after launch
and very affordable!
【Limited Number Discount Edition】 Last 3 Furlongs
Value set (Last 3 Furlongs + Ippon Kachi)
Value set (Last 3 Furlongs + Only One USD/JPY)
written by Tera GogoJungle
