RSI Divergence Trader Pro MT4
- Experts
- Yashar Seyyedin
- Version: 1.5
Entry rule.
This EA operates based on signals from RSI divergence indicator.
https://www.mql5.com/en/market/product/110357
Exit rule.
This EA exits trades based on trailing stop option.
Martingale mode.
If this mode is enabled it won't exit trades with reverse signal even if it is in profit.
If disabled it will close trades when reverse signal appears even in loss.
This is the backtest result for a six month period on H1 XAUUSD:
Symbol | XAUUSD.I (Gold) | ||||
Period | 1 Hour (H1) 2023.08.01 01:00 - 2024.02.26 18:00 (2023.08.01 - 2024.03.01) | ||||
Model | Every tick (the most precise method based on all available least timeframes) | ||||
Parameters | magic_number=1234; trade_mode=0; lot_fixed=0.05; trail_start=500; martingale_mode=false; | ||||
Bars in test | 4366 | Ticks modelled | 17200066 | Modelling quality | 57.62% |
Mismatched charts errors | 4 | ||||
Initial deposit | 10000.00 | Spread | Current (18) | ||
Total net profit | 296.93 | Gross profit | 575.22 | Gross loss | -278.30 |
Profit factor | 2.07 | Expected payoff | 12.37 | ||
Absolute drawdown | 564.01 | Maximal drawdown | 599.58 (5.97%) | Relative drawdown | 5.97% (599.58) |
Total trades | 24 | Short positions (won %) | 0 (0.00%) | Long positions (won %) | 24 (79.17%) |
Profit trades (% of total) | 19 (79.17%) | Loss trades (% of total) | 5 (20.83%) | ||
Largest | profit trade | 93.50 | loss trade | -157.79 | |
Average | profit trade | 30.27 | loss trade | -55.66 | |
Maximum | consecutive wins (profit in money) | 6 (213.09) | consecutive losses (loss in money) | 2 (-173.65) | |
Maximal | consecutive profit (count of wins) | 213.09 (6) | consecutive loss (count of losses) | -173.65 (2) | |
Average | consecutive wins | 4 | consecutive losses | 1 |