two rivers ea (share)

[halcyonn]

Best results apparently on 4 hour charts.I am sure it can take some input on modification from our valued membership!

 

multiupload.com/NXIFPUBM2D

 

 

Strategy Tester Report

2 River

FxPro.com-Demo1 (Build 229)

 

Symbol EURUSD (Euro vs US Dollar)

Period 4 Hours (H4) 2009.11.23 00:00 - 2010.11.19 20:00 (2009.11.23 - 2010.11.20)

Model Every tick (the most precise method based on all available least timeframes)

Parameters Period_MA=34; Method_MA=3; Shift_MA=0; Lots=1; UseSound=true;

 

Bars in test 2120 Ticks modelled 7500044 Modelling quality 90.00%

Mismatched charts errors 20

 

Initial deposit 10000.00

Total net profit 11886.50 Gross profit 23375.80 Gross loss -11489.30

Profit factor 2.03 Expected payoff 177.41

Absolute drawdown 633.70 Maximal drawdown 4280.70 (31.37%) Relative drawdown 31.37% (4280.70)

 

Total trades 67 Short positions (won %) 34 (61.76%) Long positions (won %) 33 (51.52%)

Profit trades (% of total) 38 (56.72%) Loss trades (% of total) 29 (43.28%)

Largest profit trade 2013.00 loss trade -1464.00

Average profit trade 615.15 loss trade -396.18

Maximum consecutive wins (profit in money) 9 (5450.70) consecutive losses (loss in money) 5 (-1385.90)

Maximal consecutive profit (count of wins) 5450.70 (9) consecutive loss (count of losses) -2064.00 (3)

Average consecutive wins 2 consecutive losses 2

[halcyonn]

Strategy Tester Report

2 River

FxPro.com-Demo1 (Build 229)

 

Symbol USDCHF (US Dollar vs Swiss Franc)

Period 4 Hours (H4) 2009.11.23 00:00 - 2010.11.19 20:00 (2009.11.23 - 2010.11.20)

Model Every tick (the most precise method based on all available least timeframes)

Parameters Period_MA=20; Method_MA=2; Shift_MA=0; Lots=1; UseSound=true;

 

Bars in test 2119 Ticks modelled 6646260 Modelling quality 90.00%

Mismatched charts errors 20

 

Initial deposit 10000.00

Total net profit 6066.14 Gross profit 13868.68 Gross loss -7802.54

Profit factor 1.78 Expected payoff 106.42

Absolute drawdown 96.84 Maximal drawdown 2371.08 (13.94%) Relative drawdown 15.48% (1831.35)

 

Total trades 57 Short positions (won %) 33 (63.64%) Long positions (won %) 24 (54.17%)

Profit trades (% of total) 34 (59.65%) Loss trades (% of total) 23 (40.35%)

Largest profit trade 1311.65 loss trade -1100.89

Average profit trade 407.90 loss trade -339.24

Maximum consecutive wins (profit in money) 4 (3070.48) consecutive losses (loss in money) 4 (-975.82)

Maximal consecutive profit (count of wins) 3070.48 (4) consecutive loss (count of losses) -1100.89 (1)

Average consecutive wins 2 consecutive losses 2

[halcyonn]

Strategy Tester Report

2 River

FxPro.com-Demo1 (Build 229)

 

Symbol EURJPY (Euro vs Japanese Yen)

Period 4 Hours (H4) 2009.11.23 00:00 - 2010.11.19 20:00 (2009.11.23 - 2010.11.20)

Model Every tick (the most precise method based on all available least timeframes)

Parameters Period_MA=34; Method_MA=2; Shift_MA=4; Lots=1; UseSound=true;

 

Bars in test 2118 Ticks modelled 10436083 Modelling quality 90.00%

Mismatched charts errors 21

 

Initial deposit 10000.00

Total net profit 14337.04 Gross profit 25158.10 Gross loss -10821.06

Profit factor 2.32 Expected payoff 325.84

Absolute drawdown 98.13 Maximal drawdown 4641.49 (22.17%) Relative drawdown 22.17% (4641.49)

 

Total trades 44 Short positions (won %) 22 (72.73%) Long positions (won %) 22 (54.55%)

Profit trades (% of total) 28 (63.64%) Loss trades (% of total) 16 (36.36%)

Largest profit trade 3526.45 loss trade -1621.70

Average profit trade 898.50 loss trade -676.32

Maximum consecutive wins (profit in money) 7 (2987.03) consecutive losses (loss in money) 4 (-1832.63)

Maximal consecutive profit (count of wins) 4755.69 (2) consecutive loss (count of losses) -2899.10 (2)

Average consecutive wins 3 consecutive losses 2

[hitescape]

Unfortunately all of my tests on the EURUSD and USDCHF that included data prior to 2009 all lost money.

[halcyonn]

thanx for the input Hitescape Sir...any ideas on improving the ea?

 

as a start it shud have magic number added to it!

Edited November 20, 2010 by halcyonn

[hitescape]

After writing lots of non-functioning EAs, (including one very similar to this EA) I sort of developed a "third eye" or a gut feeling that this probably won't become a long term profitable EA but I always welcome being proved wrong!

 

From a quick look at the code, the EA seems to compare the previous bars open and close to two MAs. One MA is based on the high price and the other is based on the low price. Then it also looks to see the the bar was an up or down bar. It then places stop orders for trade entry. For exits it seems to use signal reversals and trailing stops based on the previous bar high or low.

 

Here are some thoughts:

1. Analyze the trades to look for good and bad trading hours. If there are good hours add them along with automatic GMT offset.

2. Experiment with a different trailing SL. Try 2 or 3 bars back, multiples of ATR, etc.

3. Experiment with Trailing TP. Yes, that sounds unorthodox but often is a good exit strategy.

4. Look at time based exits. For instance after xx bars move exit, or SL to BE or something to limit risk. If it isn't moving maybe it is better to get out.

5. Add simple TP and SL but make it ECN and 3/5 digit compatible.

6. It looks like at one time the author was looking at Fractals for possible exit points but the code is commented out. Maybe some testing on that is in order to see of it was code under construction or simply deleted code.

 

Ideas are easy, the difficult part is finding the time to prove or disprove them.

[Stormin_Norman]

99% of the stuff ive been involved in writing has turned out to be dog turd.

[retireme]

99% of the stuff ive been involved in writing has turned out to be dog turd.

 

But was it profitable "Dog Turd"? :)

 

Rgds

RM

[hitescape]

99% of the stuff ive been involved in writing has turned out to be dog turd.

 

Please tell me where I can find that other 1%!