Unlocking Profits: EA RSI MA for EUR/USD Trading on MetaTrader 4

Mike 2010.09.29 22:12 20 0 0
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Overview of the EA RSI MA

If you're on the hunt for a reliable trading assistant, look no further! The EA RSI MA is designed to help you navigate the EUR/USD market with ease. This expert advisor relies on the RSI and MA indicators, making it a solid choice for traders who prefer a systematic approach.

Performance Insights

Testing Results:

  • Currency Pair: EUR/USD (Euro vs. United States Dollar)
  • Time Frame: Daily (D1)
  • Testing Period: January 4, 2010 - September 24, 2010
  • Model Used: Every tick (providing the utmost precision based on all available timeframes)
  • Bars in Test: 1191
  • Ticks Modeled: 1,694,427
  • Modeling Quality: 90.00%
  • Mismatched Charts Errors: 59
  • Initial Deposit: $10,000.00
  • Total Net Profit: $1,991.46
  • Gross Profit: $2,992.70
  • Gross Loss: -$1,001.24
  • Profit Factor: 2.99
  • Expected Payoff: $132.76
  • Absolute Drawdown: $218.14
  • Maximal Drawdown: $782.92 (7.28%)
  • Relative Drawdown: 7.28% ($782.92)

Trading Statistics

  • Total Trades: 15
  • Short Positions (Win Rate): 7 (57.14%)
  • Long Positions (Win Rate): 8 (25.00%)
  • Winning Trades (% of Total): 6 (40.00%)
  • Losing Trades (% of Total): 9 (60.00%)
  • Largest Profit Trade: $999.00
  • Largest Loss Trade: -$203.84
  • Average Profit Trade: $498.78
  • Average Loss Trade: -$111.25
  • Maximum Consecutive Wins: 3 ($1,692.11)
  • Maximum Consecutive Losses: 3 (-$313.12)
  • Max Consecutive Profit (Count of Wins): $1,692.11 (3)
  • Max Consecutive Loss (Count of Losses): -$331.84 (2)
  • Average Consecutive Wins: 2
  • Average Consecutive Losses: 2

In summary, the EA RSI MA is a powerful tool for trading EUR/USD on MetaTrader 4. With solid testing results and a decent profit factor, it could be just what you need to enhance your trading strategy!

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