Forex Automation has come a long way and this is just one of my many 200+ EA call the (BFR CB) Best Forex Ranking Cook Book, you can find out more about this and how to start in the trading journey start (click on here) here.
I did a simulator run with the MT4 Strategy Tester for all date and time.
Draw4.mql
M1 Time Frame
GBPUSD Currency
(Click on image to see detail).
Summary of results
Initial deposit $10k
Total net profit $209k
Gross profit $290k
Gross loss -$81k
Profit factor 3.57
Expected payoff 118.89
Absolute drawdown 79
Maximal drawdown 1857 (0.85%)
Relative drawdown 4.95% (739.20)
Total trades1759
Short positions (won %) 225 (87.56%)
Long positions (won %) 1534 (89.18%)
Profit trades (% of total) 1565 (88.97%)
Loss trades (% of total) 194 (11.03%)
Largest profit trade 753.00
Largest loss trade -486.00
Average profit trade 185.70
Average loss trade -420.11
Maximum consecutive wins (profit in money) 40 (8322.00)
Maximum consecutive losses (loss in money) 3 (-635.60)
Maximal consecutive profit (count of wins) 8322.00 (40)
Maximal consecutive loss (count of losses) -936.00 (2)
Average consecutive wins 9
Average consecutive losses 1
All trades comes with Stop loss and take profit.
This is fully editable codes in *.mql format and its come with 200+ other EA that you can edit and run on your MT4 trading account.
All photo taken are actual screen capture from the MT4 simulator with actual Demo Live trading account from Forex Broker.
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