GBPUSD 1Hr EA

OPTIMISED FOR GBPUSD 1hr with max spread 2pips
Logic
Please do your own optimization





Strategy name:
GBPUSD 1Hr SPRD2.0 fractal with trailing 10k to 70k PF2.9 DD51

Date: 12/15/2018 1:25:33 AM
Table of Contents
Description
Logic
Strategy Properties
Indicator Slots
Statistic Information
Additional Statistics
Description
Exported on 11/28/2018 from Forex Strategy Builder Professional, v3.8.8
Logic
Opening (Entry Signal)
Open a new long position or add to a winning position or reverse a short position at the beginning of the bar when all the following logic conditions are satisfied:

• the position opens higher than 184 points below the hourly high (01:01 - 06:01); and
• Stochastics* (Exponential, 10, 5, 106) - Slow %D is higher than Level 25 [GBPUSD D1]; and
• the Vidya Moving Average* (Typical, 31, 158) falls.

Open a new short position or add to a winning position or reverse a long position at the beginning of the bar when all the following logic conditions are satisfied:

• the position opens lower than 184 points above the hourly low (01:01 - 06:01); and
• Stochastics* (Exponential, 10, 5, 106) - Slow %D is lower than Level 75 [GBPUSD D1]; and
• the Vidya Moving Average* (Typical, 31, 158) rises.

Closing (Exit Signal)
Close an existing long position 1403 points above Down Fractal.
Close an existing short position 1403 points below Up Fractal.
Handling of Additional Entry Signals**
Entry signal in the direction of the present position:

• Add to a winning position but not to a losing one. If the position is at a loss, cancel the additional entry order. Do not exceed the maximum allowed number of lots to open.

Entry signal in the opposite direction:

• Close the existing position and open a new one in the opposite direction using the entry rules.

Trading Size
Always trade a constant number of lots.

• Opening of a new position - 0.1 lots.
• Adding to a winning position - 0.1 lots. Do not open more than 2 lots.
• Reversing a position - 0.1 lots in the opposite direction.

Protection
The strategy does not provide a permanent loss limitation.
The strategy does not use a Take Profit.
--------------
* 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 a winning position
Next opposite direction signal behavior - Reverses the position
Trading Size

Maximum number of open lots	- 2
Number of entry lots for a new position	- 0.1
In case of addition - number of lots to add	- 0.1

Protection

Stop Loss	- None
Take Profit	- None
Break Even	- None

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	Winner
Opposite direction signal	Reverse
Stop Loss	None
Take Profit	None
Break Even	None

Bar Opening
Enter the market at the beginning of the bar

Base price

Open

Hourly High Low
The position opens above the hourly high

Base price	High and Low
Start hour (incl.)	1
Start minutes (incl.)	1
End hour (excl.)	6
End minutes (excl.)	1
Vertical shift	-184
Logical group	A
Signal shift	0
Signal repeat	0
Indicator symbol	Default
Indicator period	Default

Stochastics
Slow %D is higher than Level line

Smoothing method	Exponential
%K period	10
Fast %D period	5
Slow %D period	106
Level	25
Use previous bar value	Yes
Logical group	A
Signal shift	0
Signal repeat	0
Indicator symbol	Default
Indicator period	D1

Vidya Moving Average
The Vidya Moving Average falls

Base price	Typical
Period	31
Smooth	158
Use previous bar value	Yes
Logical group	A
Signal shift	0
Signal repeat	0
Indicator symbol	Default
Indicator period	Default

Fractal
Exit long at Down Fractal

Visibility	Visible or shadowed
Vertical shift	-1403
Signal shift	0
Indicator symbol	Default
Indicator period	Default

Statistic Information
[th]Input Parameters[/th]
[th]Account Statistics[/th]

Profile name
Default profile
Acceptance criteria
Fulfilled

Data source name
FSB Demo data
Net balance
69869.10 USD

Strategy name
GBPUSD 1Hr SPRD2.0 fractal...
Intrabar scanning
Not accomplished

Chart
GBPUSD H1
Ambiguous bars
0

Data bars
20000
Backtest quality
100 %

Time of updating
2018-11-27 12:00
Profit per day
50.74 USD

Time of beginning
2015-08-25 12:00
Max consecutive losses
9

Spread
20.00 points
System quality number
3.89

Swap long
-2.00 points
Sharpe ratio
0.23

Swap short
-2.00 points
Average HPR
0.67 %

Commission
0.00 points
Profit factor
2.91

Slippage
0.00 points
Tested bars
19808

Interpolation method
Pessimistic
Minimum balance
10000.00 USD

Initial Account
10000 USD
Maximum balance
71289.90 USD

Leverage
400
Max balance drawdown
5057.30 USD

Account exchange rate
Not used
Max equity drawdown
12216.30 USD

Auto scan
Switched off
Max equity drawdown
16.93 %

Trade until Margin Call
Switched on
Max stagnation
258 days



Average profit
1024.48 USD



Average loss
-489.22 USD



Executed orders
1680



Win/loss ratio
0.58



Time in position
94%


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]
69869.10
42106.60
37762.50

Net profit [USD]
59869.10
32106.60
27762.50

Net profit [%]
598.69
321.07
277.63

Gross profit [USD]
91179.00
50728.40
40450.60

Gross loss [USD]
-31309.90
-18621.80
-12688.10

Profit factor
2.91
2.72
3.19

Annualized profit [USD]
18378.66
9856.11
8522.55

Annualized profit [%]
183.79
98.56
85.23

Minimum account [USD]
10000.00
10000.00
10000.00

Minimum account date
8/25/2015
8/25/2015
8/25/2015

Maximum account
71289.90
44583.40
37762.50

Maximum account date
3/14/2018
4/9/2018
11/15/2018

Absolute drawdown [USD]
0.00
0.00
0.00

Maximum drawdown [USD]
5057.30
4235.30
2852.40

Maximum drawdown [%]
16.93
9.50
7.70

Maximum drawdown date
8/25/2015
11/1/2018
3/27/2018

History bars
20000
20000
20000

Tested bars
19808
19808
19808

Bars with trades
73
35
38

Bars with trades [%]
0.37
0.18
0.19

Number of trades
306
183
124

Winning trades
178
99
79

Losing trades
128
83
45

Win/loss ratio
0.58
0.54
0.64

Maximum profit [USD]
6472.50
6472.50
3548.90

Average profit [USD]
512.24
512.41
512.03

Maximum loss [USD]
-3481.30
-3481.30
-2805.00

Average loss [USD]
-244.61
-224.36
-281.96

Expected payoff [USD]
195.65
176.41
223.89

Average HPR [%]
0.67
0.86
1.15

Geometric HPR [%]
0.64
0.79
1.08

Sharpe ratio
0.23
0.21
0.30





Linkback: https://www.forex.zone/mt4-mt5-eas/7/gbpusd-1hr-ea/602/

This currency pair is my favorite because the spread is small. Thank you for the advice

This skill from EA is good for me to learn because I am a new person who uses EA, I will try it now for my additional insights