Can you give me advice about my EA strategy tester result? Is it bad or good EA?

[[Deleted]]

Strategy Tester Report

MA-New

Monex-Demo (Build 225)

Symbol		GBPUSD (Great Britain Pound vs US Dollar)
Period		1 Hour (H1) 2009.01.02 00:00 - 2009.08.28 22:00 (2009.01.01 - 2009.08.31)
Model		Every tick (the most precise method based on all available least timeframes)
Parameters		Lots=1; MAP1=10; MAP2=20; MSh1=0; MSh2=0; PL1=500; PL2=0; PL3=1000; Cons=14;
Bars in test	5077	Ticks modelled	1874474	Modelling quality	60.21%
Mismatched charts errors	7
Initial deposit	10000.00
Total net profit	47634.22	Gross profit	193590.86	Gross loss	-145956.64
Profit factor	1.33	Expected payoff	34.32
Absolute drawdown	7302.40	Maximal drawdown	17627.65 (66.36%)	Relative drawdown	74.06% (7702.40)
Total trades	1388	Short positions (won %)	693 (99.71%)	Long positions (won %)	695 (69.35%)
		Profit trades (% of total)	1173 (84.51%)	Loss trades (% of total)	215 (15.49%)
Largest		profit trade	2740.00	loss trade	-3110.06
Average		profit trade	165.04	loss trade	-678.87
Maximum		consecutive wins (profit in money)	37 (4106.59)	consecutive losses (loss in money)	3 (-1457.82)
Maximal		consecutive profit (count of wins)	7747.67 (17)	consecutive loss (count of losses)	-3110.06 (1)
Average		consecutive wins	6	consecutive losses	1

[blogzr3]

Max drawdown is too high, higher than your initial deposit.

Not some sort of Martingale, is it?

[[Deleted]]

blogzr3:

Max drawdown is too high, higher than your initial deposit.

Not some sort of Martingale, is it?

Not really... i just used several entry point n several exit point....

if hedge is not allowed this EA will not used.

here is some of trade result

#	Time	Type	Order	Size	Price	S / L	T / P	Profit	Balance
1	2009.01.02 07:00	buy	1	1.00	1.4638	0.0000	0.0000
2	2009.01.02 09:00	buy	2	1.00	1.4616	0.0000	0.0000
3	2009.01.02 14:00	sell	3	1.00	1.4495	0.0000	0.0000
4	2009.01.02 19:00	sell	4	1.00	1.4518	0.0000	0.0000
5	2009.01.02 23:00	sell	5	1.00	1.4499	0.0000	0.0000
6	2009.01.05 00:00	sell	6	1.00	1.4540	0.0000	0.0000
7	2009.01.05 02:00	sell	7	1.00	1.4524	0.0000	0.0000
8	2009.01.05 07:00	buy	8	1.00	1.4473	0.0000	0.0000
9	2009.01.05 12:00	sell	9	1.00	1.4482	0.0000	0.0000
10	2009.01.05 13:00	buy	10	1.00	1.4563	0.0000	0.0000
11	2009.01.05 14:00	buy	11	1.00	1.4505	0.0000	0.0000
12	2009.01.06 04:00	buy	12	1.00	1.4658	0.0000	0.0000
13	2009.01.06 05:00	buy	13	1.00	1.4657	0.0000	0.0000
14	2009.01.06 06:00	buy	14	1.00	1.4665	0.0000	0.0000
15	2009.01.06 07:00	buy	15	1.00	1.4630	0.0000	0.0000
16	2009.01.06 12:00	sell	16	1.00	1.4675	0.0000	0.0000
17	2009.01.06 19:35	sell	17	2.00	1.4853	0.0000	0.0000
18	2009.01.06 19:35	close by	15	1.00	1.4853	0.0000	0.0000	2230.00	12230.00
19	2009.01.06 19:35	close by	17	0.00	1.4853	0.0000	0.0000	0.00	12230.00
20	2009.01.06 19:35	sell	18	1.00	1.4853	0.0000	0.0000
21	2009.01.06 19:35	close by	14	1.00	1.4853	0.0000	0.0000	1880.00	14110.00
22	2009.01.06 19:35	close by	18	0.00	1.4853	0.0000	0.0000	0.00	14110.00
23	2009.01.06 19:35	close by	13	1.00	1.4675	0.0000	0.0000	180.00	14290.00
24	2009.01.06 19:35	close by	16	0.00	1.4675	0.0000	0.0000	0.00	14290.00
25	2009.01.06 19:35	close by	12	1.00	1.4482	0.0000	0.0000	-1774.47	12515.53
26	2009.01.06 19:35	close by	9	0.00	1.4482	0.0000	0.0000	0.00	12515.53
27	2009.01.06 19:35	close by	11	1.00	1.4524	0.0000	0.0000	176.65	12692.18
28	2009.01.06 19:35	close by	7	0.00	1.4524	0.0000	0.0000	0.00	12692.18
29	2009.01.06 19:35	close by	10	1.00	1.4540	0.0000	0.0000	-243.35	12448.83
30	2009.01.06 19:35	close by	6	0.00	1.4540	0.0000	0.0000	0.00	12448.83
31	2009.01.06 19:35	close by	8	1.00	1.4499	0.0000	0.0000	232.18	12681.01
32	2009.01.06 19:35	close by	5	0.00	1.4499	0.0000	0.0000	0.00	12681.01
33	2009.01.06 19:35	close by	2	1.00	1.4518	0.0000	0.0000	-1006.71	11674.30
34	2009.01.06 19:35	close by	4	0.00	1.4518	0.0000	0.0000	0.00	11674.30
35	2009.01.06 19:35	close by	1	1.00	1.4495	0.0000	0.0000	-1456.71	10217.60
36	2009.01.06 19:35	close by	3	0.00	1.4495	0.0000	0.0000	0.00	10217.60

.......

2765	2009.08.27 18:00	sell	1383	1.00	1.6208	0.0000	0.0000
2766	2009.08.27 19:00	sell	1384	1.00	1.6207	0.0000	0.0000
2767	2009.08.27 23:00	buy	1385	1.00	1.6279	0.0000	0.0000
2768	2009.08.28 05:00	buy	1386	1.00	1.6273	0.0000	0.0000
2769	2009.08.28 06:00	buy	1387	1.00	1.6269	0.0000	0.0000
2770	2009.08.28 17:00	buy	1388	1.00	1.6311	0.0000	0.0000
2771	2009.08.28 22:29	close at stop	1388	1.00	1.6273	0.0000	0.0000	-380.00	59052.04
2772	2009.08.28 22:29	close at stop	1387	1.00	1.6273	0.0000	0.0000	40.00	59092.04
2773	2009.08.28 22:29	close at stop	1386	1.00	1.6273	0.0000	0.0000	0.00	59092.04
2774	2009.08.28 22:29	close at stop	1385	1.00	1.6273	0.0000	0.0000	-58.89	59033.15
2775	2009.08.28 22:29	close at stop	1384	1.00	1.6276	0.0000	0.0000	-704.47	58328.69
2776	2009.08.28 22:29	close at stop	1383	1.00	1.6276	0.0000	0.0000	-694.47	57634.22

[Brian Dee - Random Trader]

Not good :(

Profit Factor too low

Drawdown too high

There is no consideration for the fact that like most pairs, this one drops faster than it goes up

Hence your lower success rate on Longs...

Even a range-trading strategy might be asymmetrical for entry signals, TP, SL and TS, any trend-following EA certainly should be..

My 2c worth :)

Good Luck

-BB-

[[Deleted]]

Drawdown too big for me.

Did you test it further back, say from 2004?