Doubler Expert Advisor For MetaTrader4 Platform.
Simple Expert Advisor (more like a draft with an idea) that simultaneously opens two positions in different directions, provided that the stop loss of the losing position triggers 5 points earlier than the take profit of the profitable one. All the necessary parameters can be optimized.
Strategy Tester Report
Symbol EURJPY (Euro vs Japanese Yen)
Period 1 Minute (M1) 2008.10.28 13:25 – 2009.01.07 19:12 (2008.01.30 – 2009.12.30)
Model Open prices only (fastest method to analyze the bar just completed, only for EAs that explicitly control bar opening)
Parameters StopLoss=87; TakeProfit=133; lots=0.1; Ext1=5; Ext2=14; AutoLotChanging=false;
Bars in test 65643 Ticks modelled 129935 Modelling quality n/a
Mismatched chart errors 0
Initial deposit 100000.00
Net profit 1014.70 Gross profit 20956.27 Gross loss -19941.56
Profit factor 1.05 Expected payoff 3.04
Absolute drawdown 921.43 Maximum drawdown 1230.43 (1.23%) Relative drawdown 1.23% (1230.43)
Total trades 334 Short positions (won %) 167 (37.72%) Long positions (won %) 167 (44.31%)
Profit trades (% of total) 137 (41.02%) Loss Trades (% of total) 197 (58.98%)
Largest profit trade 216.00 loss trade -150.12
Average profit trade 152.97 loss trade -101.23
Maximum consecutive wins (profit in money) 3 (479.32) consecutive losses (loss in money) 7 (-668.63)
Maximal consecutive profit (count of wins) 479.32 (3) consecutive loss (count) -668.63 (7)
Average consecutive wins 1 consecutive losses 2
1. Copy “Doubler.mq4” file to C:/Program Files/MetaTrader4/experts folder
and restart your MetaTrader.
2. Open Navigator/Custom Expert Advisors panel and drag the Expert Advisor named “Doubler.mq4” to the
chart of any currency pair.
3. Click On “Enable Automated Trading” On Metatrader Platform
Click to Download: Doubler
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