Hi. This is Alfred EA. It is a trend following strategy. The strategy seek to trade in the direction of the trend during pullback. It risks 1% of account free margin per trade with maximum 8 open positions including hedge positions. It works best for EURUSD pair. The backtest period is from 2001 to 2013. The worst dd was 35% but honestly I think the maximum risk is 100% in forex trading. In addition, the maximum stagnation period was 308 days. It is a far from perfect strategy but I think it has the chance to give positive result in the long term..say 5 to 10 years. So, I guess long-term commitment and patience is required to use this EA. I currently doing a walk-forward test for this version (v1.2) to check its robustness. The changing parameter is the risk per trade only. My plan is to trade between 0.5% to 2% with 0.5% increment. I use equal ratio for the in sample vs out sample data which is 90 days. I will post the result later. Meanwhile here's the link for the previous version backtest and live account. https://www.myfxbook.com/strategies/alfred-v11/50964 https://www.myfxbook.com/members/minyu2/alfred-v11/696729
I attach the WFA result using 90 days optimization and 90 days testing period. Risk parameter is increased if previous testing period ended with negative return and decreased of the return exceeded 10%. Overall there are 50 passes (out sample data). The average return is 11.7%. The absolute DD and relative DD are 5.7% and 12.5% respectively. The walk forward efficiency ratio is 2.24 which indicates that this is a robust strategy.
1st time i see a good expert here ....your expert very good expert i want see its realtime run too
can you run it here with a 500$ account www.maysuz.com ask them: i am frined if Dramin rostami friend they will give you 0.1 pip on eurusd for free if you dont has money open a demo account in maysuz and run it and sedn em login and password
then i can put big money on it
back test not important....real time run even demo is important
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.