Carbophos
Carbophos is a trend-following Expert Advisor that uses a combination of moving average crossovers and momentum indicators to identify and ride market trends. It enters trades when fast and slow moving averages cross in the direction of the prevailing trend confirmed by ADX strength. The EA includes built-in position management with trailing stops and fixed take-profit/stop-loss levels.
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: Elevated
- Has no stop loss or trailing stop
- Can hold up to 10 positions at once
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 concept of the Carbophos strategy is a dual moving average crossover trend-following system supplemented by ADX indicator filtering to avoid false breakouts in weak markets. Entry conditions require a golden cross or death cross between fast and slow moving averages with ADX value above a threshold confirming sufficient trend strength. Exit conditions include hitting fixed take-profit or stop-loss levels, a reverse moving average crossover signal, or trailing stop activation. Position sizing uses either fixed lots or a percentage-based calculation tied to account balance, without employing martingale or grid scaling strategies. Money management incorporates maximum position limits and daily maximum loss controls, but the position scaling mechanism is relatively simple and lacks dynamic volatility-based adjustment.
Strengths
- Clear and concise strategy logic with MA crossover plus ADX filtering effectively reduces false signals
- Fixed stop-loss and trailing stop provide relatively sound risk control mechanisms
- No martingale or grid strategies used, avoiding the extreme risk of account blowout
- Trend-following approach performs well in strong trending markets, capturing medium-to-long-term trends
Weaknesses
- MA crossover system has noticeable lag, causing late entries and exits that lead to profit givebacks
- Frequent false crossover signals in ranging markets can lead to consecutive losses
- Position sizing lacks dynamic volatility-based adjustment; fixed lots carry higher risk during high volatility
- No spread filter included, so trading costs on high-spread instruments may erode profitability
Possible improvements
- Add multi-timeframe confirmation, e.g., only taking H1 crossover signals aligned with H4 trend direction to reduce false signals
- Implement ATR-based dynamic stop-loss/take-profit that automatically adjusts distance and position size based on market volatility
Risk assessment
Overall risk: Medium
- MA lag may result in significant floating loss before stop-loss is triggered
- Lack of spread filter may cause frequent stop-outs in high-spread environments
- Fixed stop-loss may be too wide in low volatility and too tight in high volatility conditions
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
FastMA_Period | 12 | Fast MA period |
SlowMA_Period | 26 | Slow MA period |
MA_Method | MODE_SMA | MA calculation method |
ADX_Period | 14 | ADX indicator period |
ADX_Threshold | 25 | ADX trend strength threshold |
StopLoss | 500 | Auto stop loss in points; 0=disabled |
TakeProfit | 1000 | Auto take profit in points; 0=disabled |
TrailingStop | 300 | Trailing stop in points |
Lots | 0.1 | Trading lot size |
MagicNumber | 19048 | Unique EA order identifier preventing conflicts |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.