Hey there, fellow traders! Today, I want to introduce you to an intriguing Expert Advisor (EA) called Doubler. This unique system trading tool opens two positions at the same time, but here's the twist: it only triggers the stop loss of the losing position if it hits 5 pips before the take profit of the winning one. It’s a nifty concept that allows you to optimize various parameters for your trading strategy.
Testing Results:
Strategy Tester Report
Doubler
| Symbol | EURJPY (Euro vs Japanese Yen) | ||||
| Period | 1 Minute (M1) from 2008.10.28 13:25 to 2009.01.07 19:12 | ||||
| Model | Open prices only (the fastest way to analyze completed bars, ideal for EAs that specifically manage bar openings) | ||||
| Parameters | StopLoss=87; TakeProfit=133; lots=0.1; Ext1=5; Ext2=14; AutoLotChanging=false; | ||||
| Bars in test | 65,643 | Ticks modelled | 129,935 | Modelling quality | n/a |
| Mismatched chart errors | 0 | ||||
| Initial deposit | £100,000.00 | ||||
| Net profit | £1,014.70 | Gross profit | £20,956.27 | Gross loss | -£19,941.56 |
| Profit factor | 1.05 | Expected payoff | £3.04 | ||
| Absolute drawdown | £921.43 | Maximum drawdown | £1,230.43 (1.23%) | Relative drawdown | 1.23% (£1,230.43) |
| Total trades | 334 | Short positions (won %) | 167 (37.72%) | Long positions (won %) | 167 (44.31%) |
| Profit trades (% of total) | 137 (41.02%) | Loss Trades (% of total) | 197 (58.98%) | ||
| Largest | profit trade | £216.00 | loss trade | -£150.12 | |
| Average | profit trade | £152.97 | loss trade | -£101.23 | |
| Maximum | consecutive wins (profit in money) | 3 (£479.32) | consecutive losses (loss in money) | 7 (-£668.63) | |
| Maximal | consecutive profit (count of wins) | £479.32 (3) | consecutive loss (count) | -£668.63 (7) | |
| Average | consecutive wins | 1 | consecutive losses | 2 | |
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