Im sharing a free EA i generated using FSB , Its based on 1min eurusd and optimized for the last 30 days. Enjoy
Logic
Opening (Entry Signal)
Open a new long position or add to an existing position or reduce a short position at Upper Band of Keltner Channel* (Exponential, Close, 131, 18, 5) when all the following logic conditions are satisfied:
- Moving Averages Crossover* (Weighted, Exponential, Weighted, 134, 118, 44, 87); Fast MA is lower than Slow MA; and
- the Vidya Moving Average* (Close, 20, 2) rises [EURUSD M15]; and
- the Vidya Moving Average* (Close, 21, 6) rises [EURUSD M15].
Open a new short position or add to an existing position or reduce a long position at Lower Band of Keltner Channel* (Exponential, Close, 131, 18, 5) when all the following logic conditions are satisfied:
- Moving Averages Crossover* (Weighted, Exponential, Weighted, 134, 118, 44, 87); Fast MA is higher than Slow MA; and
- the Vidya Moving Average* (Close, 20, 2) falls [EURUSD M15]; and
- the Vidya Moving Average* (Close, 21, 6) falls [EURUSD M15].
Closing (Exit Signal)
Close an existing long position 302 points below Down Fractal.
Close an existing short position 302 points above Up Fractal.
Handling of Additional Entry Signals**
Entry signal in the direction of the present position:
- Add to the position no matter if it is at a profit or loss. Do not exceed the maximum allowed number of lots to open.
Entry signal in the opposite direction:
- Reduce the present position. If its amount is lower than or equal to the specified reducing lots, close it.
Trading Size
Always trade a constant number of lots.
- Opening of a new position - 1 lot.
- Adding to a position - 1 lot. Do not open more than 20 lots.
- Reducing a position - 1 lot from the current position.
Protection
A Stop Loss limits the loss of a position to 820 points per open lot (plus the charged spread and rollover).
A Take Profit closes a position at 3000 points profit.
The position's Stop Loss will be set to Break Even price when the profit reaches 600 points.
--------------
* Use the indicator value from the previous bar for all asterisk-marked indicators!
** The averaging rules apply to the entry signals only. Exit signals close a position. They cannot open, add or reduce one.
Strategy Properties
Handling of Additional Entry Signals
Next same direction signal behavior - Adds to the position
Next opposite direction signal behavior - Reduces the position
Trading Size
Maximum number of open lots | - 20 |
Number of entry lots for a new position | - 1 |
In case of addition - number of lots to add | - 1 |
In case of reduction - number of lots to close | - 1 |
Protection
Stop Loss | 820 points |
Take Profit | 3000 points |
Break Even | 600 points |
Indicator Slots
The slots show the logic for the long positions only. Forex Strategy Builder automatically computes the proper logic for the short positions.
Strategy Properties
Same direction signal | Add |
Opposite direction signal | Reduce |
Stop Loss | 820 |
Take Profit | 3000 |
Break Even | 600 |
Keltner Channel
Enter long at Upper Band
Smoothing method | Exponential |
Base price | Close |
MA period | 131 |
ATR period | 18 |
ATR multiplier | 5 |
Use previous bar value | Yes |
Signal shift | 0 |
Indicator symbol | Default |
Indicator period | Default |
Moving Averages Crossover
Fast MA is lower than Slow MA
Base price | Weighted |
Fast MA method | Exponential |
Slow MA method | Weighted |
Fast MA period | 134 |
Slow MA period | 118 |
Fast MA shift | 44 |
Slow MA shift | 87 |
Use previous bar value | Yes |
Logical group | A |
Signal shift | 0 |
Signal repeat | 0 |
Indicator symbol | Default |
Indicator period | Default |
Vidya Moving Average
The Vidya Moving Average rises
Base price | Close |
Period | 20 |
Smooth | 2 |
Use previous bar value | Yes |
Logical group | A |
Signal shift | 0 |
Signal repeat | 0 |
Indicator symbol | Default |
Indicator period | M15 |
Vidya Moving Average
The Vidya Moving Average rises
Base price | Close |
Period | 21 |
Smooth | 6 |
Use previous bar value | Yes |
Logical group | A |
Signal shift | 0 |
Signal repeat | 0 |
Indicator symbol | Default |
Indicator period | M15 |
Fractal
Exit long at Down Fractal
Visibility | Visible or shadowed |
Vertical shift | 302 |
Signal shift | 0 |
Indicator symbol | Default |
Indicator period | Default |
Statistic Information
[th]Input Parameters[/th]
[th]Account Statistics[/th]
Profile nameDefault profile
Acceptance criteriaFulfilled
Data source nameFSB Demo data
Net balance95747.08 USD
Strategy nameEURUSD_1MIN DD35 10-95K...
Intrabar scanningNot accomplished
ChartEURUSD M1
Ambiguous bars0
Data bars20000
Backtest quality100 %
Time of updating2018-11-27 12:00
Profit per day4287.35 USD
Time of beginning2018-11-07 11:40
Max consecutive losses18
Spread20.00 points
System quality number10.73
Swap long-2.00 points
Sharpe ratio0.67
Swap short-2.00 points
Average HPR1.91 %
Commission0.00 points
Profit factor18.84
Slippage0.00 points
Tested bars19792
Interpolation methodPessimistic
Minimum balance10000.00 USD
Initial Account10000 USD
Maximum balance95747.08 USD
Leverage400
Max balance drawdown4805.67 USD
Account exchange rateNot used
Max equity drawdown13691.00 USD
Auto scanSwitched off
Max equity drawdown38.59 %
Trade until Margin CallSwitched on
Max stagnation5 days
Average profit1741.40 USD
Average loss-533.96 USD
Executed orders256
Win/loss ratio0.85
Time in position99%
Additional Statistics
[th]Parameter[/th]
[th]Long + Short[/th]
[th]Long[/th]
[th]Short[/th]
Initial account [USD]10000.00
10000.00
10000.00
Account balance [USD]95747.08
44427.00
61320.08
Net profit [USD]85747.08
34427.00
51320.08
Net profit [%]857.47
344.27
513.20
Gross profit [USD]90552.75
34427.00
56125.75
Gross loss [USD]-4805.67
0.00
-4805.67
Profit factor18.84
∞
11.68
Annualized profit [USD]1564884.27
628292.75
936591.52
Annualized profit [%]15648.84
6282.93
9365.92
Minimum account [USD]10000.00
10000.00
10000.00
Minimum account date11/7/2018
11/7/2018
11/7/2018
Maximum account95747.08
44427.00
61320.08
Maximum account date11/27/2018
11/21/2018
11/27/2018
Absolute drawdown [USD]0.00
0.00
0.00
Maximum drawdown [USD]4805.67
0.00
4805.67
Maximum drawdown [%]38.59
0.00
8.46
Maximum drawdown date11/7/2018
11/7/2018
11/22/2018
History bars20000
20000
20000
Tested bars19792
19792
19792
Bars with trades118
25
93
Bars with trades [%]0.60
0.13
0.47
Number of trades122
27
95
Winning trades104
27
77
Losing trades18
0
18
Win/loss ratio0.85
1.00
0.81
Maximum profit [USD]1877.48
1524.73
1877.48
Average profit [USD]870.70
1275.07
728.91
Maximum loss [USD]-363.50
0.00
-363.50
Average loss [USD]-266.98
0.00
-266.98
Expected payoff [USD]702.84
1275.07
540.21
Average HPR [%]1.91
5.71
1.97
Geometric HPR [%]1.87
5.68
1.93
Sharpe ratio0.67
2.14
0.62
Linkback: https://www.forex.zone/mt4-mt5-eas/7/eurusd1minea/600/