EA-17185 · Trend Following

JK BullP AutoTrader

JK BullP AutoTrader is a trend-following Expert Advisor that identifies bullish momentum conditions and automatically enters trades in the direction of the prevailing trend. It uses a combination of moving average confirmations and momentum filters to generate entry signals, with built-in stop loss and take profit management. The EA is designed for medium-term trading on higher timeframes.

Open the interactive view (equity curve, symbol switch)

Key facts

RiskMedium
Blow-up riskHigh
Rating★★★☆☆
TypeTrading EA
TimeframesH1, H4, D1
IndicatorsMA, MACD, RSI
AuthorCopyright © 2005, Johnny Kor

Backtest results (H1, about 1 year)

SymbolP&LAnnualMax DDTradesWin rateSharpeRecoveryLosing streakPer tradeStatus
EURUSD+22.29%+19.11%8.29%14455.90%1.552.693+$16.30Reliable
GBPUSD+7.55%+6.53%25.39%14453.10%0.460.304+$5.78Reliable
USDJPY-2.68%-2.33%11.19%18047.80%-0.12-0.245−$1.49Reliable
XAUUSD-100.00%-100.00%100.00%3345.50%-1.49-1.003−$361.73Account stopped out

Profitable on 2 of 4 markets with reliable results.

Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.

Against the other Trend Following EAs with a reliable result on the same market: EURUSD: better than 100% of 95 · GBPUSD: better than 96% of 95 · USDJPY: better than 26% of 95 · XAUUSD: better than 0% of 96

Month by month

MarketMonths with a gainBest monthWorst month
EURUSD69%+8.91% 2026-03-4.11% 2025-12
GBPUSD69%+8.78% 2026-04-14.08% 2026-01
USDJPY31%+5.36% 2026-08-3.79% 2026-07
XAUUSD0%-11.44% 2025-11-100.00% 2026-01

From the backtest equity curve, sampled about every two days; only reliable results.

Blow-up risk: High

  • Can hold up to 2 positions at once
  • Hit a stop-out in our backtest (equity below 10%) on XAUUSD

High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →

Strategy analysis

The core strategy of this EA is based on trend following principles, utilizing a moving average system to determine market trend direction and entering long positions when price is above key moving averages with momentum confirmation. Entry conditions typically include a fast moving average crossing above a slow moving average, price breaking through a key moving average level, and momentum indicators being in favorable zones. Exit conditions rely on preset stop loss and take profit ratios, and may also include a trailing stop mechanism to lock in profits as the trade moves favorably. Position sizing employs either fixed lot sizes or dynamic lot calculation based on account equity percentage. Money management is handled through risk percentage parameters that control the exposure per trade. The overall strategy logic leans toward conservative trend following, but lacks adequate sideways market filtering which may generate numerous false signals during ranging conditions.

Strengths

  • Clear strategy logic based on trend following principles with relatively high win rate when trading with the trend
  • Built-in stop loss, take profit and trailing stop functionality providing solid risk control
  • Highly adjustable parameters suitable for optimization across different market conditions
  • Uses magic number for order management preventing conflicts with other EAs

Weaknesses

  • Lacks sideways market filtering mechanism, prone to false signals and frequent losses during ranging conditions
  • No spread filter detected, which may be disadvantageous in high spread environments
  • Missing new bar detection mechanism, potentially causing repeated entries within the same bar
  • Insufficient backtesting data, strategy adaptability across different instruments and timeframes is unverified

Possible improvements

  • Add sideways market identification filters (such as ADX or Bollinger Band width) to avoid frequent trading during ranging markets
  • Implement new bar detection and spread filtering functionality to improve entry quality and reduce unnecessary trading costs

Risk assessment

Overall risk: Medium

  • Missing new bar detection mechanism, potentially causing over-trading with repeated entries on the same bar
  • No spread filter detected, high spread periods may negatively impact trade quality
  • Trend following strategy may incur consecutive losses during ranging markets

Evaluation scores

Code quality3.0
Strategy logic3.0
Risk management3.0
Robustness2.0
Innovation2.0
Documentation2.0
Overall2.5

Parameters

ParameterDefaultDescription
LotSize0.1Fixed trading lot size
StopLoss50Stop loss in points
TakeProfit100Take profit in points
TrailingStop30Trailing stop in points
FastMA_Period10Fast MA period
SlowMA_Period50Slow MA period
RiskPercent2Risk percentage per trade
MagicNumber12345EA magic number for identifying orders

Similar Trend Following EAs

Backtests are historical simulations and do not guarantee future results. Not financial advice.

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