ZigAndZag Trader: A Comprehensive Overview of Our MetaTrader 4 EA

Mike 2008.06.27 17:27 23 0 0
Attachments

Hey fellow traders! I recently created a trading system based on the ZigAndZag strategy, as requested by one of our community members. You can check out the original strategy here. Just a quick heads-up: this EA is primarily designed for testing purposes or demo accounts, so steer clear of live trading for now. Let’s dive into the results from our testing this year!

Strategy Tester Report
ZigAndZag Trader

Symbol GBPUSD (British Pound vs US Dollar)
Period 4-Hour (H4) from 2008.01.02 08:00 to 2008.06.20 20:00
Model Every tick (the most precise modeling method)
Parameters Lots=0.1; ZZbar=1; Closebar=3; Maxord=1; Sl=0; Tp=0; magic=78977;

Bars in test 1737 Ticks modeled 2,215,268 Modeling quality 90.00%
Mismatch errors 0




Initial deposit £10,000.00



Total net profit £855.09 Gross profit £3,744.42 Gross loss -£2,889.33
Profit factor 1.30 Expected payoff £8.38

Absolute drawdown £409.18 Maximal drawdown £477.52 (4.31%) Relative drawdown 4.31% (477.52)

Total trades 102 Short positions (% won) 22 (27.27%) Long positions (% won) 80 (55.00%)

Winning trades (% of total) 50 (49.02%) Losing trades (% of total) 52 (50.98%)
Largest winning trade £231.71 losing trade -£195.29
Average winning trade £74.89 losing trade -£55.56
Maximum consecutive wins (profit in money) 5 (£245.24) consecutive losses (loss in money) 4 (-£267.84)
Maximum consecutive profit (count of wins) £337.16 (3) consecutive loss (count of losses) -£267.84 (4)
Average consecutive wins 2 consecutive losses 2
Join the discussions about this system here.
List
Comments 0