Forward: 1 year has elapsed! Annual earnings of 500,000 yen "Flashes for USDJPY" profit updates in progress
Over 70% return after one year of forward testing!
Stable single-position EA 'Flashes for USDJPY'
Re-evaluating the forward performance and backtests!
【Flashes for USDJPY Overview】
Currency pair: [USD/JPY]
Trading style: [Day trading][Scalping]
Maximum number of positions: 1
Timeframe used: M1
Maximum stop loss: 100; Others: Variable
Take profit: 100; Others: Variable
Pips gained in forward operation are as follows!
Forward started in September 2017; every month in 2017 was profitable!
In 2018 there were a couple of losing months, but in total +271 pips gained.
Forward testing uses a 1-lot size on an initial account of 1,000,000 yen, so profit figures appear sizeable.
From the backtest, let's look at the recommended margin per 0.1 lot
【Backtest Analysis】
2007.01.08-2017.09.29
1.0 lot fixed
Spread 0.5
Net profit: +4,830,000 yen
Maximum drawdown: 487,000 yen
Win rate: 68.9%
Total number of trades: 3,091
Thus.
Annual average number of trades is just under 300, and annual average gained pips is about 440 pips.
From the maximum drawdown, the estimated margin per 0.1 lot is
(4.5) + (4.9*2) = 14.3 (ten thousand yen)
This is0.1 lot per 150,000 yen; that should be fine.
If you have 1 million yen, you can operate 0.6–0.7 lots.
In that case,the annual average expected return is about 30%.
【Monthly and annual profit/loss】
There is a tendency for about three months per year to be negative. This EA aims for a positive year overall.
When running 1.0 lot, annual profit ranges from about 200,000 to 850,000 yen.
Recent gains since 2015 have been good, so if a similar market continues, you can expect over 500 pips per year.
It has a solid track record and is expected to deliver stable high profits.