This is an EA that works on the 5 minute EURNZD.
Please help us if you think this is a promising EA.
The number of transactions is too small to evaluate yet, but the results to date are good.
- Operating about 6 months
- Number of trades 19
- Win Rate 89.47% (17/19)
- Profit Factor 23.14
- Maximum Drawdown 2.51% (209JPY)
For detailed results of the forward test, please check the posted image.
Parameters that must be set for operation
Trade start time parameter
Detailed setting procedures are described below.
Trade Summary (Explained by the broker I use)
This is not a trend-following trade.
Trade start time parameter = 0 (set in MT4 server time).
As a time filter for the trade, we will trade for 2 hours, starting 2 hours after the Sydney market open. (Set in winter time. Will not convert to daylight saving time)
The point of this EA is to trade at the daily switchover.
This is because signals are generated during this time period.
However, depending on the broker, a large spread will open up.
You will still close the trade with a profit.
My question.
About the time of the daily switchover/ broker rollover/ initial daily processing time of the system,
I cannot explain the trade start time parameter because I do not know if there is a standard specification, Japanese specification or broker specification.
It may be that the trade specifications are specific to the broker I am using.
Request for your cooperation
Your help in posting the results of the forward test would be greatly appreciated.
- Forward Test Results
- Parameter Settings
- Daily start time on MT4 server
- The time of the Sydney market at that time
- Spread at the time of the trade (if possible)
Future actions (if results continue to be good)
- I would like to set the trade start time parameter automatically.
- Allow automatic lot setting.
- Expose the indicator parameters.
- post1295541429.html#p1295541429
funchi's daughter
EA-EURNZD-5mTF
1- These users thanked the author funchi for the post (total 2):
- eduarescobar, LittleCaro
funchi's daughter
