Billy expert – EA 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.

Thank you for attention.

Symbol		EURJPY (Euro vs Japanese Yen)
Period		15 Minutes (M15) 2008.11.21 21:30 – 2008.12.31 18:59 (2008.01.30 – 2009.01.30)
Model		Open prices only (fastest method to analyze the bar just completed, only for EAs that explicitly control bar opening)
Parameters		TrailingStop=30; StopLoss=140; TakeProfit=25; Lots=0; magicnumber=777; MaxOrders=1; Periods=1; Periods2=5;
Bars in test	2558	Ticks modelled	5013	Modelling quality	n/a
Mismatched chart errors	0
Initial deposit	2500.00
Net profit	7460.93	Gross profit	7460.93	Gross loss	0.00
Profit factor		Expected payoff	276.33
Absolute drawdown	490.14	Maximum drawdown	2676.50 (28.28%)	Relative drawdown	28.28% (2676.50)
Total trades	27	Short 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%)
Largest		profit trade	495.65	loss trade	0.00
Average		profit trade	276.33	loss trade	0.00
Maximum		consecutive wins (profit in money)	27 (7460.93)	consecutive losses (loss in money)	0 (0.00)
Maximal		consecutive profit (count of wins)	7460.93 (27)	consecutive loss (count)	0.00 (0)
Average		consecutive wins	27	consecutive losses	0