EURGBP 30M Rule Based

[funyoo]

A backtesting with the EURGBP 30M Rule Based expert advisor.

EG M30. MagicNumber=0; SignalMail=false; EachTickMode=true; Lots=0.1; Slippage=3; UseStopLoss=true; StopLoss=115; UseTakeProfit=true; TakeProfit=70; UseTrailingStop=true; TrailingStop=40;

Total net profit : 42.94%
RDD : 3.58%

[funyoo]

MM added.

EG M30. MagicNumber=0; SignalMail=false; EachTickMode=true; MM=true; Risk=3; Lots=0.1; Slippage=3; UseStopLoss=true; StopLoss=115; UseTakeProfit=true; TakeProfit=70; UseTrailingStop=true; TrailingStop=40;

Total net profit : 1795.35%
RDD : 29.98%

[funyoo]

Martingale added.

EG M30. MagicNumber=0; SignalMail=false; EachTickMode=true; MM=false; Risk=10; Martingale=true; Multiplier=6; MinProfit=1000; Lots=0.32; Slippage=3; UseStopLoss=true; StopLoss=115; UseTakeProfit=true; TakeProfit=70; UseTrailingStop=true; TrailingStop=40;

Total net profit : 671.53%
RDD : 28.70%

[erdenmensch]

Martingale added.

EG M30. MagicNumber=0; SignalMail=false; EachTickMode=true; MM=false; Risk=10; Martingale=true; Multiplier=6; MinProfit=1000; Lots=0.32; Slippage=3; UseStopLoss=true; StopLoss=115; UseTakeProfit=true; TakeProfit=70; UseTrailingStop=true; TrailingStop=40;

Total net profit : 671.53%
RDD : 28.70%

Hi, the expert dont work. Have you an answer?

[funyoo]

Hi, the expert dont work. Have you an answer?

Here is a decompiled version.

[erdenmensch]

MM added.

EG M30. MagicNumber=0; SignalMail=false; EachTickMode=true; MM=true; Risk=3; Lots=0.1; Slippage=3; UseStopLoss=true; StopLoss=115; UseTakeProfit=true; TakeProfit=70; UseTrailingStop=true; TrailingStop=40;

Total net profit : 1795.35%
RDD : 29.98%

Thank you funyoo, but I dont get the same backtesting results like this here. What is the problem?

[funyoo]

Thank you funyoo, but I dont get the same backtesting results like this here. What is the problem?

Go in Metatrader > Tools > History Center > Forex > EURGBP > Download

You should have a 90% modelling quality.

[Onyebuchim]

Hi,

Thanks for shaing this EA with great results.

Backtests result are impressive but are there any likely forward test result that replicates this feat?

Secondly i'm testing this EA with a 1000 USD 200:1 Leverage. So i reduced most of the settings you used in your backtest of the Martingale version to suit my margin. would that affect the performance?

Lastly, you added a martingale logic to the design so are there going to be martingail system of trading with the EA. If yes then what about the downside of Martingail bcos it always blows of an account sooner or later. Or is the Martingail logic used as an additional tool to enhance the EA?

[funyoo]

Hi,

Thanks for shaing this EA with great results.

Backtests result are impressive but are there any likely forward test result that replicates this feat?

Not yet, I'm testing this one currently. It makes some yoyo with a positive result for the moment.

Secondly i'm testing this EA with a 1000 USD 200:1 Leverage. So i reduced most of the settings you used in your backtest of the Martingale version to suit my margin. would that affect the performance?

Only the max drawdown if you don't change the settings.

Lastly, you added a martingale logic to the design so are there going to be martingail system of trading with the EA. If yes then what about the downside of Martingail bcos it always blows of an account sooner or later. Or is the Martingail logic used as an additional tool to enhance the EA?

This is only a simple martingale. The martingail system uses a step logic (distance between orders with an automated sl) that is not coded here. Both presents the same risk. The "risk management" (percentage) will certainly generate better results. For the moment, I get bigger profits with the martingale version, but yes the account will blow up at a certain moment.

[przem81621]

hy
i've problem in this ea. broker only accept lots 0.1;0,2;0,3 ...
2008.11.26 18:18:52 EURGBP 30M RULE BASED MM EURGBP,M30: invalid lots amount for OrderSend function
what have i done to code in ea? please help
maybe better change broker
i'm used MM, i think if no use MM it's no problem