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Re: Prosper Gain EA now available on MQL5.com Download it and test it NOW

conjure123, Sat Jan 11, 2025 11:51 pm

I’ve just completed an update to my trading strategy by adding overbought and oversold levels of the RSI indicator, and the results are exciting. The backtest spans 2008 to 2024, with robust metrics that reflect both profitability and risk management.

Key Improvements:
Profit Factor: Increased from 1.83 to 2.41 (+31.69%)
Sharpe Ratio: Improved from 0.84 to 1.07 (+27.38%)
Profit Trades: Increased from 57.54% to 59.93%
Risk/Reward Ratio: Improved from 1.36 to 1.61
Average Balance Drawdown: Reduced from 32.76% to 24.94%
Average Equity Drawdown: Reduced from 36.70% to 29.53%

Strategy Highlights:
Symbol: Forex Major and Minor Pairs
Timeframe: ALL
Leverage: 1:500
Initial Deposit: $10,000
Net Profit: $214,056,308 over 17 years
Win Rate: 59.93%

Backtesting vs. Live Trading
I know there’s always skepticism about backtests versus live results. For those who think backtesting isn’t reflective of live trading, I get it. But for those who understand the importance of precise modeling, comprehensive data, and consistent execution, these results speak for themselves.
This isn’t a random optimization. The updates reduced drawdowns, improved risk/reward, and added robustness to the strategy, making it better prepared for both trending and range-bound market conditions.

Final Thoughts
The equity curve tells the story: steady growth with minimized drawdowns. These results bring me closer to my goal of consistent profitability and attracting investor capital.
Let me know your thoughts! Constructive feedback is always welcome.
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