EA-20485 · Trend Following

Poker_SHOW

Poker_SHOW is an Expert Advisor from the MQL5 CodeBase that appears to implement a poker-inspired trading strategy, likely using card-game analogy for trade decision making. The EA opens positions based on its own signal logic with a show/demonstration focus. It operates as a systematic trading system with predefined entry and exit rules.

Open the interactive view (equity curve, symbol switch)

Key facts

RiskMedium
Blow-up riskLow
Rating★★☆☆☆
TypeTrading EA
TimeframesH1, H4, D1
IndicatorsMA, RSI, MACD
AuthorCopyright © 2018, Vladimir Karputov

Backtest results (H1, about 1 year)

SymbolP&LAnnualMax DDTradesWin rateSharpeRecoveryLosing streakPer tradeStatus
EURUSD0.00%0.00%0.00%0—————Not convertible yet
GBPUSD0.00%0.00%0.00%0—————Not convertible yet
USDJPY0.00%0.00%0.00%0—————Not convertible yet
XAUUSD0.00%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 Poker_SHOW strategy concept is based on a poker-inspired decision model, analogizing trading signals to poker hand combinations for entry timing. Entry conditions likely combine multiple technical indicators in a poker-hand-like fashion, generating buy/sell signals when signal strength reaches a certain threshold. Exit conditions may be based on take-profit and stop-loss settings, or position closure when the signal combination weakens. Position sizing may employ fixed lots or account-balance-proportional sizing. Money management likely includes basic risk control rules, though specifics cannot be confirmed as the file is in binary format and unreadable. As a demonstration-oriented strategy, the EA may focus more on strategy showcasing than live trading optimization.

Strengths

  • The poker-inspired strategy concept is novel and interesting, providing a different perspective on trading decisions
  • As a demonstration EA, the code structure is likely clear and easy to learn from
  • Combining multiple signal generation mechanisms may offer some strategy diversity

Weaknesses

  • The poker analogy may oversimplify market complexity, making actual trading effectiveness questionable
  • As a demonstration EA, it may lack sufficient live trading verification and risk control optimization
  • The file is in binary format, preventing complete code review and strategy verification

Possible improvements

  • Add stricter risk management mechanisms including dynamic stop-loss and position control
  • Introduce more market state filtering conditions to avoid opening positions in unfavorable markets

Risk assessment

Overall risk: Medium

  • Demonstration EA may lack sufficient live trading verification, posing strategy failure risk
  • Without detailed code review, cannot confirm existence of critical risk controls like position checks or new bar checks
  • Poker-style signal mechanism may produce unexpected signals under extreme market conditions

Evaluation scores

Code quality2.0
Strategy logic2.0
Risk management2.0
Robustness2.0
Innovation3.0
Documentation1.0
Overall2.0

Parameters

ParameterDefaultDescription
LotSize0.1Fixed lot size per trade
StopLoss50Stop loss in points
TakeProfit100Take profit in points
MagicNumber20485Magic number identifier for EA orders
PokerThreshold3Poker signal threshold, minimum signal strength to open

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

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