Billy expert – expert for MetaTrader 4

In general, it is quite strange pattern … but, strangely enough, it works.

When the price moves downward on 3 bars (three “falling” candles) on M15, the green is above the red on Stochastic of M1 and M5 charts.

Stop loss, take profit can be optimized.

Variables:

extern int StopLoss // I hope this is clear
extern int TakeProfit // I hope this is also clear 🙂
extern double Lots // if lot is not set to 0, then it is fixed, if set to 0, then the lot size will be change automatically based on the deposit.
extern int MaxOrders // maximum allowed number of simultaneously opened orders
extern int Periods // period, the Stochastic of which is used by the EA
extern int Periods2 // period, the Stochastic of which is used by the EA (second)

After improvements and optimization the most successful results were achieved on euro/jpy, working timeframe – M15, stochastic periods are M1 and M5, take profit – 145, stop loss – 25. Testing results for one month period is provided below.

I am waiting for tips. I know the EA is crude and not reliable enough, but nonetheless there is something in it, in my opinion.

If anyone interested I can share modified versions as well as variations.

Get E-Book Worth $100 for Free!!!

Thank you for attention.

Strategy Tester Report
OpenTiks3.22(original)+periodical+lotchange
Masterforex-Demo (Build 220)

SymbolEURJPY (Euro vs Japanese Yen)
Period15 Minutes (M15) 2008.11.21 21:30 – 2008.12.31 18:59 (2008.01.30 – 2009.01.30)
ModelOpen prices only (fastest method to analyze the bar just completed, only for EAs that explicitly control bar opening)
ParametersTrailingStop=30; StopLoss=140; TakeProfit=25; Lots=0; magicnumber=777; MaxOrders=1; Periods=1; Periods2=5;
Bars in test2558Ticks modelled5013Modelling qualityn/a
Mismatched chart errors0
Initial deposit2500.00
Net profit7460.93Gross profit7460.93Gross loss0.00
Profit factorExpected payoff276.33
Absolute drawdown490.14Maximum drawdown2676.50 (28.28%)Relative drawdown28.28% (2676.50)
Total trades27Short positions (won %)0 (0.00%)Long positions (won %)27 (100.00%)
Profit trades (% of total)27 (100.00%)Loss Trades (% of total)0 (0.00%)
Largestprofit trade495.65loss trade0.00
Averageprofit trade276.33loss trade0.00
Maximumconsecutive wins (profit in money)27 (7460.93)consecutive losses (loss in money)0 (0.00)
Maximalconsecutive profit (count of wins)7460.93 (27)consecutive loss (count)0.00 (0)
Averageconsecutive wins27consecutive losses

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