An orthodox USD/JPY single-position EA with an annual return of over 40% - "Wisdom Hawk"
Equipped with multiple logics, aiming to further increase profits by increasing the lot size under certain conditions
“Chance Boost”
Classic USD/JPY single-position EA
『Wisdom Hawk USDJPY』
【Wisdom Hawk Overview】
Currency pair: [USD/JPY]
Trading style: [Scalping][Swing trading]
Maximum number of positions: 1
Timeframe used: M5
Maximum stop loss: 1400 Others: 1000-1400
Take profit: 150 Others: 130-180
Compounding feature available
【Forward Analysis】
Forward operation for 3 months yields +158 pips
Has been in positive territory every month!
【Backtest Analysis】
2005.01.01-2017.12.31
Spread 0.5 pips
0.1 lot fixed
Net profit +479,000
Maximum drawdown -33,000
Average gained pips 7.6 pips
Average loss pips -23 pips
Win rate 84.8%
Total trades 1,608 (annual average 160)
Profit factor 1.85, with a good balance between total profit and total loss.
According to parameters, TP:SL is 15:140 by parameters, which is 1:9, but,
the actual ratio of average gained pips to average loss pips is 7.6:23, which is about 1:3, so,
you don't need to worry too much about the size of the SL.
From the maximum drawdown, the recommended margin per 0.1 lot is
4.5+（3.3×2）＝11万円
is.
If you want the maximum drawdown to be in the 30% range, about 140,000 yen would be sufficient.
In that case, the expected annual return is43% with a 50% max drawdown
34% with a 30% max drawdown
approximately.
【Monthly/Yearly P/L & Analyses】
Profit amounts are large in 2008 and 2011
In the last five years, annual gains have been stable
This is a month-by-month P/L comparison, and August and September seem challenging
Also, hitting the maximum SL of 140 pips occurred about six times in the past 10 years
【Trading Example】
Red: SELL
Enter in the trend direction with a TP of 15 pips
SL is 140 pips, so it rarely hits, but even if it moves against you, the logic exits,
so it is unlikely to hit the maximum SL.
Blue: BUY
Red: SELL
【What is Chance Boost?】
When the specified conditions are met, the function doubles or quadruples the lot size. If 0, Chance Boost is not applied.
Chance Boost On (Red), Off (Blue): compared backtests for 2015-2017
With Chance Boost on, total profit is 1.6x higher than without, but
because the lot size increases and the maximum drawdown becomes 3x, it's for those with ample funds.
Also, as you place more lots, the profit-and-loss curve becomes more volatile.
【About the Compounding Feature】
The compounding setting parameter determines how many lots per 1 million yen
The setting is: default is 1 lot per 1 million yen (100,000 units).
This is not a common per-hit loss percentage, so please note this!
In 3 years, a relative drawdown of 20% yields +220%That is excellent!
Details here!
