It is a weekly evaluate of my very own GOLD EA “Break Hunter KINAKO”, measured and tracked on Myfxbook.
Initially I constructed this EA for my private analysis, however after operating a ahead take a look at for one week the outcomes have been extra secure than I anticipated, so I made a decision to maintain a public log right here.
1. Ahead-test atmosphere
Account sort: Demo, HFM cent account
Preliminary stability: JPY 50,000
Preliminary lot: 0.10
Mode: 24h full auto
Myfxbook ahead take a look at:
BreakHunter KINAKO – Foreign exchange Buying and selling System by takoyakiEA
(Efficiency and detailed stats)
The EA has each “aggressive” and “defensive” parameter profiles, however on this demo it trades about 20 occasions per day on common.
There may be some averaging / martingale logic inside, however it’s very restricted – many of the revenue truly comes from the first breakout entry.
I can’t disclose each element of the logic, however in brief it’s:
A breakout-following EA that rides the preliminary momentum,
whereas being tuned so it will possibly tolerate a certain quantity of pullback.
After making an attempt many concepts, I customised the components the place I felt
“if I modify this, the behaviour ought to develop into extra secure.”
That customised model is what I’m testing now.
If you’re involved in GOLD breakout methods, I hope this ahead log is helpful as a reference.
2. Two-week abstract (28 Nov – 12 Dec) 
Throughout many of the interval the EA ran with lower than 10% drawdown.
Nevertheless, after the FOMC we noticed a robust spike in GOLD and the most DD reached about 25%
(on a 50,000 JPY stability, the worst floating loss was round –15,000 JPY).
12 Dec – the robust FOMC day
Volatility from the FOMC was nonetheless alive available in the market,
so worth was shaking up and down in a manner that could be very demanding for a grid / averaging system.
Martingale depth briefly reached 8 steps
Floating loss expanded accordingly
Below regular situations, depth is often as much as 4 steps and DD stays under 10%
Even underneath these situations, the system did not collapse.
3. Why it survived the spike
The principle purpose is that the EA doesn’t add reckless additional entries.
It retains the course of the first breakout order as its “anchor” and:
Picks up pullbacks within the course of that preliminary transfer
Avoids over-trading in the other way
Lets the common worth enhance as an alternative of speeding for tiny take-profits
A couple of behaviours that stood out:
The primary breakout entry usually “carries” the entire basket
Even when worth retraces, the EA retains holding so long as the unique momentum isn’t utterly denied
It does not chase ultra-short TP; consequently, the typical worth of the basket is well-balanced
That is very near what I imagined:
Conservative averaging × breakout follow-through
4. Numbers & danger impression
Non permanent DD does happen (exterior the FOMC day it stayed largely inside 10%)
Martingale depth may be deeper than in my earlier variations
However there was no catastrophic collapse up to now
The previous two weeks have been undoubtedly not “simple mode” for GOLD,
however as a sturdiness stress take a look at the info appears encouraging.
5. Sincere emotions
To be sincere, throughout some trades I felt:
“That is now not simply day-scalping –
it’s extra like a day-swing endurance battle.”
Positions generally keep open longer than a typical scalper,
however in return the EA avoids loopy, unsustainable wins and as an alternative goals for a mode that can be utilized for a very long time.
Even with this conservative behaviour, the month-to-month acquire has already exceeded 10% on this demo.
I’ll preserve operating the ahead take a look at and plan to publish weekly updates right here.
In case you’re involved in GOLD breakout methods that attempt to stability aggression and security,
please be happy to observe this ahead log and test the Myfxbook stats.
Break Hunter KINAKO remains to be within the forward-testing stage, and I’m contemplating a public launch
on MQL5 sooner or later if the behaviour stays secure sufficient.
For now, my first printed product on the MQL5 Market is
“GOLD ONLY WIN! – World Version”…
