Max number of trades! Dr. Cat's new release GBPUSD scalping "EA_final_max_w_mix"
High win rate even with a high number of trades!
Trends and ranges—leave it to us
'EA_final_max_w_mix'
【EA Overview】
Currency pair：[GBP/USD]
Trading style：[Scalping]
Maximum number of positions: 10
Timeframe used: M15
Maximum Stop Loss: 80
Take Profit: 10
Notes: Uses a DLL file. Therefore, backtesting may take a little longer.
As a feature of the EA, the maximum number of positions is 3,
Is it because the maximum stop loss is 80?
Theoretically, there could be a drawdown of up to 240 pips, but I would like to estimate what actually happens from backtest data.
【Backtest Analysis】
Backtest period: 2005.01.11-2018.02.13 (about 12 years)
0.1 lot fixed
Spread 1.5 pips
Net profit +$8,839
Maximum drawdown $604
Total trades 5,340
Maximum consecutive losses 6
Win rate 91%
With 0.1 lot and a maximum of 3 open positions, the maximum drawdown is $604, so the drawdown is relatively low, which is nice.
Also, a feature is the high number of trades, averaging over 400 per year,over 35 per month, so there is roughly 1–2 trades every day.
Dr. Neko's EA has a high win rate, but it only enters where it can win, so the trading frequency tends to be relatively low, which is nice,
This should be welcome, right?
Although the trading frequency is high, the win rate is 91%, so there is no trade-off with the number of trades; the win rate remains high
as the trading frequency increases!
【Entry Examples】
Blue＝BUY
Red＝SELL
It's a bit hard to see, but you can see two entry types during a downtrend: BUY (counter-trend) and SELL (trend-following).
Maximum concurrent holdings are 3 positions, and the risk of loss at once is -240 pips per 0.1 lot.
【Expected Profit and Recommended Lot?】
Note that GBPUSD requires more margin, so more funds are needed.
With 25x leverage, the margin required per 0.1 lot of GBPUSD is a little over 70,000 yen.
Since the maximum drawdown per 0.1 lot is $600, the required margin is a little over 210,000 yen,
Having about 300,000 yen gives you peace of mind for operation.
Expected annual profit: average annual gained pips are 730 pips, so
For 300,000 yen, about 73,000 yen,which corresponds to roughly 24% annual return.
With more trades, this EA becomes more enjoyable to monitor!
There is also a Special Edition, so those who own Dr. Neko's EA, please check your messages.
