Unlocking the Potential of e_OnMA_004: A MetaTrader 4 EA for Smart Trading

Mike 2012.01.24 00:46 155 0 0
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Description:

The e_OnMA_004 is an innovative trading system designed for MetaTrader 4, leveraging two moving averages (MA) – the High and Low. This EA operates by taking a long position when the Ask price exceeds the High MA and a short position when the Bid price falls below the Low MA.

Important Note: This Expert Advisor is not a guaranteed path to riches. It's crucial to optimize the input parameters for each trading symbol and time frame to achieve the best results.

Strategy Tester Report for e_OnMA_004

MT4 Live Server (Build 406)


SymbolEURUSD (Euro vs. US Dollar)
Period15 Minutes (M15) from 2011-11-28 00:00 to 2012-01-20 22:45
ModelEvery tick (the most precise method using all available timeframes)
ParametersmaPeriod_1=7; maMethod_1=0; maAppPrice_1=2; maPeriod_2=5; maMethod_2=0; maAppPrice_2=3; Prof=25; TP=50; SL=550; UseMM=false; PercentMM=5; Lots=1;
Bars in test4754Ticks modelled2,675,105Modelling quality90.00%
Mismatched charts errors12
Initial deposit£10,000.00
Total net profit£6,252.53Gross profit£6,788.53Gross loss-£536.00
Profit factor12.67Expected payoff£23.86
Absolute drawdown£524.50Maximal drawdown£2,505.00 (15.18%)Relative drawdown17.23% (2,496.00)
Total trades262Short positions (won %)128 (99.22%)Long positions (won %)134 (100.00%)
Profit trades (% of total)261 (99.62%)Loss trades (% of total)1 (0.38%)
Largestprofit trade£34.50loss trade-£536.00
Averageprofit trade£26.01loss trade-£536.00
Maximumconsecutive wins (profit in money)261 (£6,788.53)consecutive losses (loss in money)1 (-£536.00)
Maximalconsecutive profit (count of wins)£6,788.53 (261)consecutive loss (count of losses)-£536.00 (1)
Averageconsecutive wins261consecutive losses1

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