Saturday, April 11, 2009

SMURF EA

My friend and I currently making a new ea called SMURF EA.

SMURF EA is not a martingale and it's not averaging EA. The EA based on price action and some indicators. Buy/Sell in low TimeFrame (m1, m5, m15)
Every position have independent fixed SL & TP with reasonable ratio.

Here is the backtest result using FXOPEN live data feed :

Balance $10.000 open 0,1 lot (VERY HIGH RISK SETTING)
NOV 08


DES 08


JAN 09


FEB 09


Result in December using VERY HIGH RISK Setting get Margin Call

I make another backtest in December 08 using $20.000 open 0.1 lot (HIGH RISK SETTING)


The result is loss about +- $4.000 and if u see the max DD, reach below 10K. No wonder 10K balance get margin call

Conclusion
VERY HIGH RISK SETTING
* Can get +- 100% /month but can get margin call too
* Every month must withdraw the profit.
* If u get margin call in the 1st month live, then u r very unlucky LOL

HIGH RISK SETTING
* Can get +- 50%/bulan because u double the intial deposit
* Chance get margin call is lower but the percentage profit is smaller too

So depends on your risk style.
If u want conservative, just deposit 5x = 50K and open 0.1 lot.

In March 09 I don't do a backtest because I already make a forward test since 23 Feb 09 00:00 FXOPEN Server Time using FXOPEN using VERY HIGH RISK SETTING (Balance 10.000 open 0.1 lot)
And Smurf EA survives on 12 march which is there is trend about 500 pips.
U can follow the performance on ONIX


Note : Demo Acct expired on 23 May 09

And I'm using it in live acct since 24 March 00:00 FXOPEN Server Time, but using HIGH RISK SETTING (Balance 20.000 open 0.1 lot)
U can follow the performance in Myfxbook

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4 comments:

Lorenzo said...

Hello, Greetings for a Happy Easter to you and Family

p.s. You can create a EA or Indicator for metatrader using Bollinger Bands and stochastic?

duyduy said...

Hi Lorenzo,

The truth is, i don;t know how to code. I leave all the coding stuff to my friend.

Lorenzo said...

ok, thanks. I've added you in my link on my blog. Have a good day

waihui said...

it's wonderful EA. I realy want to have it . may I can?