One-year forward performance: +500 pips! A stable EA with low drawdown 'Eckesachs EURUSD'
[Overview]
Currency pair: [EUR/USD]
Trading style: [Day trading][Scalping]
Maximum positions: 3
Used timeframe: M5
Maximum stop loss: 55 （auto-variable stop loss within up to 55 pips）
Take profit: 100
Forward testing: 13 months!
Although it is a 3-position EA, the maximum drawdown is very small and it is a high-profit EA!
In 2017, +160 pips!
In 2018, +284 pips!
About 500 pips gained in a year.
You might think that isn’t much in terms of pips, but
Max drawdown is 7,745 yen when operating at 0.1 lot!
This is an extremely small drawdown characteristic!
Therefore, the profit ÷ maximum drawdownthe risk-reward ratio is 6 or higher
and thus very high profitability.
【Backtest Analysis】
Max drawdown per 0.1 lot: 23,700 yen
Average annual number of trades: 277
Average gain: 421 yen (4 pips)
Average loss: -1,305 yen (13 pips)
Win rate: 83％
Expected annual gain: 40,000 yen (400 pips)
This is
Recommended margin per 0.1 lot is
(4.5 × 3) + (2.4 × 2) = 18.3
This is the result.
The expected annual return at a 50% maximum drawdown is 38%.
If you limit max drawdown to 30%, it is about 30%.
【Yearly P/L】
2015 shows a slight loss.
Forward performance for the second half of 2017 through the first half of 2018 is +48,000 yen,
There is not much deviation from the backtest, which is evident!
【Monthly P/L】
【Holding Time】
At most 12 hours, most trades are settled within 1 hour; it is a short-term, high-paced strategy.
Annual number of trades is just under 300, and since it has a high risk-reward ratio,
we recommend operating with high leverage.
