High win-rate 24-hour scalping 'Salamander USDJPY M5'
【Salamander USDJPY M5 Overview】
Currency pair: USD/JPY
Trading style: Scalping
Max number of positions: 2
Timeframe used: M5
Maximum Stop Loss: 120 pips
Take Profit: 30; Otherwise: 10 pips or 30 pips
This is a 24-hour scalping EA equipped with two logics!
【Backtest Analysis】
2008-01-01 to 2018-06-01
Fixed at 0.1 lot
Spread 0.5 pips
Net profit +¥423,000 (Average annual: ¥40,000)
Maximum drawdown ¥39,000
Total trades: 867 (Average per year: 80)
Win rate: 93%
Average gain per trade: 8.4 pips
Average loss per trade: -44 pips
This is how it turned out.
Low maximum drawdown per 0.1 lot, allowing operation with a small amount of capital.
The recommended margin per 0.1 lot is for two positions,
(4.5*2) + (3.9*2) = ¥168,000
Thus, the expected annual return is about 23%.
The number of trades per year is a bit low, but since it trades about once to twice a week, it's not too infrequent.
【Monthly Profit and Loss】
On a monthly basis, losses are infrequent, but there are months that incur significant losses.
With an EA that has a win rate above 90% and TP:SL of 10–30:120, occasional large losses are inevitable.
There are no losing years on an annual basis, so it's an EA to run patiently.
【Yearly Profit and Loss】
There are not-so-good years every few years (it won't go negative, though!).
Looking at profit versus loss, the profit rate is quite high for this EA.
It may have occasional drawdown spikes, but overall profits are larger, so you can run it with confidence.
【KML's EA Portfolio: Which Combination Is Best?】
Salamander has low max drawdown and fewer trades, so,
it's good to combine it with ones that have a higher trading frequency.
Newer ones include Undine (EURUSD),
and currently Estoc (GBPUSD) is discontinued, but it looks promising★
Estoc's equity curve is jagged, while Salamander has a nice steady growth.
In backtests, it doesn't match the recent market well (since 2018),
the recent profit curve of Undine, which is upward-sloping, seems to pair well!
We hope this serves as a reference for your portfolio.
This time's featured systematic trading strategy is here!
Recommended for your portfolio,
“Undine EURUSD M5”
Both are priced at ¥14,800!
Estoc is currently discontinued, but,
there is a small stock only for bundle products!
Estoc as a standalone is ¥29,800, so it's a great deal!
¥34,800
