Hey there, fellow traders! Today, we're taking a closer look at the exp_Amstell Expert Advisor designed for MetaTrader 4. If you're looking to enhance your trading game, this EA might just be the tool you need!
Performance Overview
- Currency Pair: GBPUSD (Great British Pound vs. US Dollar)
- Trading Period: 15 Minutes (M15) from June 8, 2009, to July 6, 2009
- Model: Control Points (Note: this is a basic method, so results should be taken with a grain of caution)
- Parameters: TakeProfit = 150; Lots = 0.01
Testing Statistics
- Bars in Test: 2873
- Ticks Modeled: 57,888
- Modeling Quality: N/A
- Mismatched Chart Errors: 0
Profitability Insights
- Initial Deposit: £50,000.00
- Total Net Profit: £2,338.01
- Gross Profit: £3,305.29
- Gross Loss: -£967.28
- Profit Factor: 3.42
- Expected Payoff: £8.47
Drawdown Analysis
- Absolute Drawdown: £1,114.32
- Maximum Drawdown: £1,363.19 (2.71%)
- Relative Drawdown: 2.71% (£1,363.19)
Trade Breakdown
- Total Trades: 276
- Winning Short Positions: 141 (79.43%)
- Winning Long Positions: 135 (82.22%)
- Profit Trades (% of Total): 223 (80.80%)
- Loss Trades (% of Total): 53 (19.20%)
Trade Performance
- Largest Profit Trade: £16.57
- Largest Loss Trade: -£39.47
- Average Profit Trade: £14.82
- Average Loss Trade: -£18.25
Winning and Losing Streaks
- Max Consecutive Wins: 214 trades (£3,253.23)
- Max Consecutive Losses: 29 trades (-£571.87)
- Average Consecutive Wins: 112
- Average Consecutive Losses: 27
In summary, the exp_Amstell EA shows promising results with a solid profit factor and a high percentage of winning trades. However, as with any trading strategy, be sure to test it thoroughly before implementing it in your live account. Happy trading!
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