Category Trend  Published on 21/05/2023

[Fx4U] GBPUSD - high profit-400%/year

Description

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- The robot only works on GBPUSD M15 timeframe.

- Please visit http://fx4u.net/robot/gbpusd-m15-price-action/ to download Diamond backtesting version.

Price Action Strategy:

There are 4 signals to open a BUY order (opposite for a SELL order):

1. In a large uptrend, open an order when a small uptrend appears and add some sufficient conditions.

2. When the price is fluctuating in an uptrend band, open an order when the price returns to the old bottom and add some sufficient conditions.

3. In a marked uptrend, open an order when the price breaks above the top of a neighboring price and add some sufficient conditions..

4. When the price reaches the bottom of a large area, open an order when the price breaks above the top of a minor trend and add some sufficient conditions.

- Stop loss: All trades have a stop loss. It relies on the Fractal indicator or the Supertrend indicator or the neighboring price zone.

- Take profit: All transactions have a set takeprofit. It is based on the Fractal indicator or the neighboring price zone or an optimal ratio.

- Capital management: Each entry signal is only one order. Move stop loss dynamically when price moves in the right direction. Take profits continuously when the price moves in the right direction to maximize profits. Also relies on Kelly's capital management method to bet higher amounts on orders that are likely to yield larger returns and vice versa.

- Robots are improved every day for better performance.

- To buy bot, please contact https://t.me/vnfx4u

- Visit https://ctrader.com/users/profile/55833 to see my other robots.

Backtesting data: Version: Diamond; Broker: Icmarkets; Data: Tick data from server (accurate); Commission: 30

(If your broker doesn't have much data, you can login to ctrader account: bot.fx4u.net@gmail.com - Password: fx4u.net)

- 9 consecutive years of profit. if trading with 2% risk, the profit is about 400% per year (You can backtest every year to see the annual profit)

- Backtest From 19 Jan 2014 - 11 Jan 2023. We have a profit of about 14,236,000 usd with an initial capital of 1,000 usd if we place a 2% risk per order. The maximum Balance Drawdown is about 17.3%. This profit is equivalent to 400% per year.

- Backtest From 19 Jan 2014 - 11 Jan 2023. We have a profit of about 14,236,000 usd with an initial capital of 1,000 usd if we place a 2% risk per order. The maximum Balance Drawdown is about 17.3%. This profit is equivalent to 400% per year.

- Backtest From 19 Jan 2014 - 11 Jan 2023. We have a profit of about 346,600 usd if we place a fixed 500 usd per order (equivalent to 693R for 9 years). This profit is equivalent to 6.4R per month.

- Backtest From 19 Jan 2014 - 11 Jan 2023. We have a profit of about 346,600 usd if we place a fixed 500 usd per order (equivalent to 693R for 9 years). This profit is equivalent to 6.4R per month.

Annual backtesting data:  Starting Capial: 3000 usd; Risk: Fix 100 usd/order; Version: Diamond;

Broker: Icmarkets; Data: Tick data from server (accurate); Commission: 30

Profit in 2022 is 5800 usd or 58R

Profit in 2021 is 6700 usd or 67R

Profit in 2020 is 7000 usd or 70R

Profit in 2019 is 7200 usd or 72R

Profit in 2018 is 7000 usd or 70R

Profit in 2017 is 8200 usd or 82R 

Profit in 2016 is 7100 usd or 71R 

Profit in 2015 is 7700 usd or 77R 

Profit in 2014 is 6300 usd or 63R 

 

 


The author decided to hide the source code.
FX
Fx4U.net

Joined on 30.10.2021

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Fx4U.GBPUSD.M15.PriceAction.algo
  • Rating: 2.86
  • Installs: 20587
Comments
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JI
jim.tollan · 1 year ago

Hi there - very good results when running similar backtests on ICM. However - everything seems to go off when we run from feb 2023 - jun 2023. did something occur in the market over these months that the bot is unable to deal with??

It's such a shame as I had very strong feelings about this one - maybe a future version will address whatever anomaly is occurring since Feb 2023.. anyway, thanks again for this bot, otherwise works fine on the historic data you modelled it on - really appreciate the effort!!

AM
amolinarotra · 1 year ago

The result is always $0 ???

FX
Fx4U.net · 1 year ago

Dear Strapzson,

For upgrade issues please contact me directly.

Best regards

 
Strapzson's avatar
Strapzson · 1 year ago

Thank you for your clarification!

I am about to buy the Gold version from ClickAlgo's website and then if I would like to upgrade can I pay the difference from Gold to Diamond or I have to buy it separately at the full price?

Many thanks!

FX
Fx4U.net · 1 year ago

Another thing is that the above data is backtested from Diamond version, you can download it at http://fx4u.net/robots/gbpusd-m15-price-action/

FX
Fx4U.net · 1 year ago

Dear Strapzson,

Please make sure that the backtest data: 

Broker: Icmarkets; Data: Tick data from server (accurate); Commission: 30

Another note is to choose Max Money as a really large number (ie, unlimited quantity because it's just a profitability test - but with gbpusd, it is also limited to 100lot/order)

Thank you for your interest, if you have any questions or need anything, just contact meThank you, if you have any questions or need anything, just contact me.

 
Strapzson's avatar
Strapzson · 1 year ago

Hi, there!

I tried to use the same parameters as shown in the picture to generate same back test results (or at least similar +-10%) for the same period.

2% risk, 1000 starting capital, etc. but the generated profit for GBPUSD in 9 years is only $2.5M compared to the $15.5M as shown here and that's a huge difference.

Other people that I know who are also traders used the strategy to test same period and they also got lower return compared to the stated one.

I do have an IC Markets account, 1:500 leverage and I did put the same period for the test and everything is the same but the profit results I get differs significantly...

Could you please explain what might be the issue and why the back test shows such a huge profit gap (-85%) compared to what you posted?

Many thanks!

FX
Fx4U.net · 1 year ago

@leelinda13899: Thank you for your attention. I always want every trader to be profitable.

@ekram.aliPlease drag the chart forward (the past) so the robot can load data from the past. In case of backtest it's not necessary (just ignore the message and move on)

EK
ekram.ali · 1 year ago

unable to backtest error : 21/12/2022 00:00:00.865 | The Cbot run not correctly. Please Drag the chart forward so that the PreHigh (Preresistant) and PreLow (Presupport) are different from 0.

FX
Fx4U.net · 1 year ago

Thanks for the comment. I edited it correctly.