Exp_WAMI_Cloud_X2
This EA trades based on the WAMI (Weighted Accumulation Movement Index) indicator combined with a cloud-based signal system, likely using Ichimoku-style cloud filters for trend confirmation. It enters long positions when WAMI signals upward momentum and price is above the cloud, and short positions when WAMI signals downward momentum and price is below the cloud. The X2 designation indicates an improved second version with refined entry/exit logic and risk management.
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 | +1.58% | +1.37% | 4.57% | 123 | 44.70% | 0.35 | 0.35 | 7 | +$1.28 | Reliable |
| GBPUSD | +1.69% | +1.47% | 5.48% | 119 | 42.00% | 0.34 | 0.31 | 6 | +$1.42 | Reliable |
| USDJPY | -4.37% | -3.81% | 6.70% | 140 | 44.60% | -0.88 | -0.65 | 6 | −$3.14 | Reliable |
| XAUUSD | +105.05% | +81.00% | 53.04% | 116 | 49.10% | 1.27 | 1.98 | 5 | +$90.56 | Reliable |
Profitable on 3 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 68% of 95 · GBPUSD: better than 59% of 95 · USDJPY: better than 20% of 95 · XAUUSD: better than 88% of 96
Month by month
| Market | Months with a gain | Best month | Worst month |
|---|---|---|---|
| EURUSD | 23% | +3.01% 2026-01 | -1.24% 2025-11 |
| GBPUSD | 54% | +2.17% 2026-01 | -2.35% 2026-06 |
| USDJPY | 38% | +2.58% 2026-03 | -3.14% 2025-12 |
| XAUUSD | 46% | +69.82% 2026-03 | -34.18% 2026-02 |
From the backtest equity curve, sampled about every two days; only reliable results.
Blow-up risk: No blow-up pattern found
None of the usual blow-up patterns were found in the code, 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 strategy core is a dual trend-following approach combining the WAMI indicator with a cloud-based filtering system. The WAMI indicator measures market movement strength and direction through weighted accumulation calculations, generating long signals when the indicator crosses from negative to positive and short signals when crossing from positive to negative. The cloud system serves as a trend filter, accepting long signals only when price is above the cloud and short signals only when price is below the cloud, which effectively reduces false signals during ranging markets. Exit conditions likely include WAMI reverse crossovers, price breaching cloud boundaries, or fixed take-profit and stop-loss targets. Position sizing may use fixed lots or account-balance proportional calculations. For money management, the X2 version likely incorporates trailing stops to lock in profits while setting maximum position limits to prevent excessive directional risk exposure.
Strengths
- Dual trend filtering system (WAMI + cloud) effectively reduces false signals and improves entry quality
- Cloud filter identifies market structure, avoiding frequent trades in ranging zones
- X2 version as an improved iteration likely has optimizations in signal stability and risk control
- Systematic trading logic is clear with well-defined rules, facilitating backtesting and optimization
- WAMI indicator's weighted accumulation characteristic is relatively sensitive in capturing market movement direction
Weaknesses
- Trend-following strategies tend to produce consecutive losses in sideways ranging markets, lacking market state identification mechanism
- While dual filtering reduces false signals, it can also cause entry delays, missing early trend profits
- If stop-loss is improperly set or zero, a single trade maysustain significant losses
- Lacks volatility adaptation mechanism, using the same parameters in high and low volatility environments may be suboptimal
- WAMI indicator may lag in fast reversal markets, causing delayed exits
Possible improvements
- Add market state identification module (e.g., ADX or volatility filter) to pause trading or switch strategy during sideways markets
- Introduce dynamic stop-loss mechanism using ATR-adaptive stop distances to suit different volatility environments
- Add multi-timeframe confirmation, only opening positions when the higher timeframe trend direction aligns
Risk assessment
Overall risk: Medium
- Trend-following strategy may produce consecutive small losses in ranging markets, accumulating significant drawdown
- If default stop-loss is zero and trailing stop is not enabled, single trade risk exposure is uncontrolled
- Lacks money management safety nets such as maximum drawdown control and daily loss limits
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
MoneyManagement | false | Enable automatic lot size calculation |
RiskPercent | 2.0 | Risk percentage for calculating lot size per trade |
Lots | 0.1 | Fixed lot size (used when money management is disabled) |
StopLoss | 0 | Stop loss in points, 0 to disable |
TakeProfit | 0 | Take profit in points, 0 to disable |
TrailingStop | 0 | Trailing stop in points, 0 to disable |
WAMIPeriod | 14 | WAMI indicator calculation period |
CloudFastPeriod | 9 | Cloud fast line period |
CloudSlowPeriod | 26 | Cloud slow line period |
MaxPositions | 1 | Maximum simultaneous positions |
Similar Trend Following EAs
Backtests are historical simulations and do not guarantee future results. Not financial advice.