Exp_SSL
Exp_SSL is an Expert Advisor based on the SSL (Senkou Line Span) indicator, which uses moving average channels to determine trend direction. It opens buy positions when the SSL indicator signals an uptrend and sell positions when it signals a downtrend, with configurable stop loss and take profit levels. The EA provides a systematic trend-following approach with optional trailing stop functionality.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| GBPUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| USDJPY | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| XAUUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
Why this EA never traded: no entry rule survived the conversion.
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.
Blow-up risk: No blow-up pattern found
- Has no stop loss or trailing stop
On its own this is not a typical blow-up pattern, and the account was not stopped out in our backtests. That is not a guarantee: any EA can lose money.
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 uses the SSL indicator for trend-following trading. The SSL indicator determines market trend direction through the relative position of two moving average lines, generating a buy signal when the fast line crosses above the slow line and a sell signal when the fast line crosses below the slow line. Entry conditions rely on SSL indicator color switching or line crossover confirmation of trend change. Exit conditions include preset fixed stop loss and take profit levels, plus an optional trailing stop to lock in profits. In terms of position sizing, the EA supports fixed lot trading but lacks dynamic position adjustment or balance-proportional sizing. Money management is relatively basic, primarily relying on stop loss to control per-trade risk, without maximum drawdown limits or overall risk exposure control mechanisms. The overall strategy logic is clear and simple, but lacks filtering mechanisms for ranging markets and false breakouts.
Strengths
- Strategy logic is simple and clear, easy to understand and debug
- Has stop loss and take profit settings with basic risk control in place
- Supports trailing stop functionality to dynamically lock in profits
- Uses magic number for order management to avoid conflicts with other EAs
- Trend-following strategy performs well in clear trending markets
Weaknesses
- Lacks ranging market filtering, prone to frequent false signals in sideways markets
- Position sizing only supports fixed lots without dynamic proportional adjustment based on account equity
- Missing maximum drawdown limit and overall risk exposure control
- No new bar check, potentially opening duplicate positions on the same bar
- No spread filter, trading performance may be affected in high-spread environments
Possible improvements
- Add ADX or volatility filter to avoid frequent trading in ranging markets
- Implement dynamic position sizing based on account equity percentage instead of fixed lots
- Add new bar detection mechanism to prevent duplicate position opening on the same bar
- Add maximum drawdown limit and daily maximum loss limit to enhance capital safety
Risk assessment
Overall risk: Medium
- No new bar check, potentially causing overtrading by opening duplicate positions on the same bar
- No spread filter, entry costs may be too high when spreads widen
- Fixed lot size does not adjust with account changes, risk exposure may be excessive for large accounts
- Lacks filtering in ranging markets, may result in consecutive stop losses
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
Lots | 0.1 | Fixed trading lot size |
StopLoss | 50 | Stop loss in points |
TakeProfit | 100 | Take profit in points |
TrailingStop | 30 | Trailing stop in points |
TrailingStep | 5 | Trailing stop step |
MA_Period | 10 | Moving average period |
MA_Method | MODE_SMA | Moving average calculation method |
MA_AppliedPrice | PRICE_CLOSE | Moving average applied price |
TimeFrame | PERIOD_CURRENT | Indicator calculation timeframe |
MagicNumber | 12345 | EA magic number for distinguishing orders |
Similar Trend Following EAs
Backtests are historical simulations and do not guarantee future results. Not financial advice.