Topic: Good profit with ugly DrawDown

Hi There!

I've found a strategy for GBP/USD - 15 minute - chart. It has a good performance, but a huge drawdown - Maybe one of you has an idea how we could improve it:

Forex Strategy Builder v2.57.21.0 Beta
Strategy name: v045
Exported on: 17.05.2011 13:50:48

GBPUSD - 15 min.
Profit 38.500,60 EUR between 07-2010 and 04-2011
DrawDown 8.600 :-(
EquityDrawDown 12.252 :-(((

Market: GBPUSD 15 Minuten
Spread in pips: 20
Swap Long in pips: 2
Swap Short in pips: -2
Commission per lot at opening and closing in pips: 8
Slippage in pips: 2

Use account % for margin round to whole lots
Maximum open lots: 20
Entry lots: 0,05% of the account for margin
Adding lots: 1% of the account for margin
Reducing lots: 1% of the account for margin

Intrabar scanning: Not accomplished
Interpolation method: Pessimistisches Szenario
Ambiguous bars: 26
Tested bars: 16243
Balance: 53901 pips (48500,60 USD)
Minimum account: -5 pips (9996,69 USD)
Maximum drawdown: 12041 pips (8600,89 USD)
Time in position: 97 %

A same direction signal - Adds to the position
An opposite direction signal - Does nothing
Permanent Stop Loss - 1000
Permanent Take Profit - 2050

[Opening Point of the Position]
Ross Hook
     Enter long at a Down Ross hook

[Closing Point of the Position]
Day Closing
     Exit the market at the end of the day
     Base price  -  Close

[Closing Logic Condition]
Ergodic Indicator
     [ a ]   The Ergodic line is higher than the Signal line
     Smoothing method  -  Weighted
     Base price  -  Median
     R Parameter  -  83
     S Parameter  -  167
     U Parameter  -  49
     Smoothing Length  -  184
     Use previous bar value  -  No

[Closing Logic Condition]
Bar Range
     [ b ]   The Bar Range rises
     Number of bars  -  11
     Level  -  0
     Use previous bar value  -  No


Re: Good profit with ugly DrawDown

on the generator, look under the tab, limitations. and you can set the draw down amount or percentage

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Good profit with ugly DrawDown

hmm i entered your strategy and i am getting a steady  40% loss  over a period starting March 2011 till May 24 2011  anyone getting diferent results?

Re: Good profit with ugly DrawDown

Mine was a bit better but we have to remember that the results can't be exactly the same for everyone - because data is different to some extent.