Has managed to balance over 100 trades per month with upward-trending results<br>“Scalping Plasma”
Recommended for those who want both the number of trades and profits!
Win rate 69%, a 3-position scalping EA
'Scalping Plasma'
【Scalping Plasma Overview】
Trading pair: [USD/JPY]
Trading style: [Scalping]
Maximum positions: 3
Timeframe used: M5
Max stop loss: 0; Other: automatic close
Take profit: 0; Other: automatic close
Compounding enabled
【Forward Performance】
+140 pips in about 1.5 months of forward operation
Average profit: 3.5 pips; up to 290 pips at maximum.
Trading frequency alsoAverage 114 trades per month, about 5 entries per day.
【Trade Example】
The entry logic is trend-following.
It can hold up to 3 positions in the same direction at once and close them all at once.
By taking multiple trend-following entries in the trend direction, it aims for overall profit.
【Backtest Analysis】
(Annual P/L)
2008.01.01-2018.03.31
Spread 0.5 pips
0.1 lot fixed
Net profit +$8,371 (annual average +$800)
Maximum drawdown $396
Total trades 13,595 (annual average over 1,300 times)
Average profit $4.8
Average loss -$7.45
Win rate 65%
This is how it turned out!
Even though it is a 3-position EA, the maximum drawdown is low at $396which is a notable feature
0.1 lot per 200,000 JPYcan be operated.
In that case, the yield against 200,000 yen is a little over 80,000 yen,a 40% return.
【Notes】
There was a significant difference in total profits between spreads of 0.5 pips and 0.8 pips,
so we recommend using an EA with as narrow a spread as possible.
Difference in profit/loss curves between spreads 0.5 and 0.8 ↓↓↓
Over 10 years, profits nearly double
【Because of high trade frequency, compounding profits grow quickly!】
It also includes compounding functionality,
there are over 100 trades per month and a win rate above 60%, so compounding profits increases very quickly.
Five years of compounding operation(risk 10%), relative drawdown 34%
$10,000 ⇒ $129,057a +1290% increase!
High-frequency scalping often has a poor win rate or a large SL relative to TP, but
with 0.1 lots, the maximum loss is -$157, about -50 pips per position.
Because settlements are done by the internal logic, some may worry that there is no stop-loss setting for unlikely events.
With high trade frequency, even simple interest yields about 30-40% annual, and compounding is possible—this is a best-of-both-worlds scalping EA!