Blue Ocean AUDCAD scalping! "Spiral_M1AUDCAD"
Waizo-san's new work is AUD/CAD contrarian scalping!
Forward test over about 1.5 months: +244 pips gained
【Spiral_M1AUDCAD Overview】
Currency pair: [AUD/CAD]
Trading style: [Scalping]
Maximum positions: 2
Timeframe used: M1
Maximum stop loss: 209 pips
Take profit: 20 pips
【Trading Image】
The fixed TP is 20 and the SL is 209, but
【Backtest Analysis】
2005.04.11-2018.03.23
Spread 2 pips
Fixed at 0.1 lots
Net profit: +3.92 million
Maximum drawdown: -50,000 yen
Total trades: 8,704 (annual average 600+)
Win rate: 72%
This results in a profit-to-loss ratio of over 2:1, and the profitability is very good for an EA.
The maximum drawdown per 0.1 lot (two positions) is 52,000 yen, which is a low drawdown and attractive.
【Monthly Profit and Loss】
Backtest from 2008 to 2018, with a 2-pip spread
The profit in 2008 was outstanding!
The 3-year average profit was $1,917; the 5-year average was $1,586!
Also, there are relatively few losing months on a monthly basis.
【Compounding Feature Included!】
A 5-year backtest with 25x leverage using a recommended Risk setting of 20 was performed
Five years would be about 6x, hmm ( ・∀・) Nice! You thought so, but it was a misread
Five years turned out to be 58x
The relative drawdown is around 30%, and this is definitely an EA you'd want to compound!
Not long since release, but
The price will stay the same through the end of this week
I think the price will go up soon, so please consider it by the weekend!