Welcome, fellow traders! Today, I want to dive into an exciting Expert Advisor (EA) that leverages the Sidus indicator for trading on MetaTrader 4. If you're looking to enhance your trading strategy, this could be a game-changer.
Overview of the EA
This EA focuses on trading the GBPUSD pair, which is a popular choice among traders due to its liquidity and volatility. The trading period we’ll examine is from January 2, 2008 to February 15, 2009, utilizing the 1-hour chart.
Key Parameters
- Lots: 0.1
- Shift: 1
Performance Metrics
| Bars in test | 7896 | Ticks modeled | 14788 | Modeling quality | n/a | |
| Initial deposit | £10,000.00 | |||||
| Net profit | £414.37 | |||||
| Gross profit | £2,445.16 | |||||
| Gross loss | -£2,030.79 | |||||
| Profit factor | 1.20 | |||||
| Maximum drawdown | £696.05 (6.26%) | |||||
| Total trades | 43 | |||||
| Winning trades | 32 (74.42%) | |||||
| Average profit trade | £76.41 | |||||
| Average loss trade | -£184.62 | |||||
Optimization Insights
In addition to the performance metrics above, we also conducted optimization testing for the same trading pair and timeframe:
Key Optimization Metrics
| Total trades | 32 | |
| Net profit | £1,257.69 | |
| Profit factor | 2.79 | |
| Total winning trades | 27 (84.38%) | |
| Largest profit trade | £80.81 | |
| Largest loss trade | -£205.10 | |
These results showcase the potential of the Sidus indicator EA. It helps to streamline your trading process, making it easier to capitalize on market movements.
So, if you’re looking to step up your trading game, consider giving this EA a whirl. As always, make sure to backtest thoroughly and trade responsibly!
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