Maximize Your Trading with FX-CHAOS_SCALP: A Deep Dive into an EA for MetaTrader 4

Mike 2008.05.18 18:34 30 0 0
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Overview of FX-CHAOS_SCALP

If you’re a trader looking to amp up your game with automated strategies, the FX-CHAOS_SCALP could be just what you need. This Expert Advisor (EA) is designed for MetaTrader 4, primarily focusing on the GBPUSD currency pair. Let’s break down its features and performance metrics to see how it can fit into your trading toolkit.

Key Details

  • Symbol: GBPUSD (Great Britain Pound vs US Dollar)
  • Timeframe: 1 hour (H1) from December 3, 2007, to February 20, 2008
  • Model: Control Points
  • Inputs: TakeProfit = 13; dLots = 0.01

Performance Metrics

Metric Value
Initial Deposit £10,000.00
Net Profit £28.88
Total Profit £29.13
Total Loss £-0.25
Profit Factor 116.50
Absolute Drawdown £23.58
Maximum Drawdown £32.67 (0.33%)
Relative Drawdown 0.33% (32.67)
Total Trades 24
Winning Trades (% of Total) 23 (95.83%)
Losing Trades (% of Total) 1 (4.17%)

Trade History Snapshot

Order Time Type Size Price S/L T/P Profit Balance
1 2007.12.07 04:10 Sell 0.01 2.0253 0.0000 2.0240
2 2007.12.07 06:40 Take Profit 0.01 2.0240 0.0000 2.0240 £1.30 £10,001.30
3 2007.12.14 03:05 Sell 0.01 2.0411 0.0000 2.0398
4 2007.12.14 06:35 Take Profit 0.01 2.0398 0.0000 2.0398 £1.30 £10,002.60

Final Thoughts

Overall, the FX-CHAOS_SCALP EA is a solid option for traders looking to automate their trading strategies, especially in the GBPUSD market. With its impressive win rate and profit factor, it’s worth considering for your trading arsenal. If you’re keen on exploring automated trading, this EA might just be the ticket to elevate your trading experience!

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