EA-21196 · Trend Following

Alexav D1 Profit GBPUSD

This EA is a daily timeframe (D1) trend-following system designed specifically for GBPUSD. It identifies trend direction using moving averages and/or momentum indicators on the daily chart, entering positions in the direction of the prevailing trend with profit-target exits. The strategy aims to capture medium-to-long-term directional moves on the GBPUSD pair.

Open the interactive view (equity curve, symbol switch)

Key facts

RiskMedium
Blow-up riskLow
Rating★★☆☆☆
TypeTrading EA
TimeframesD1
IndicatorsMoving Average, MACD, RSI
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 strategy concept is based on daily timeframe trend following, using moving average systems or momentum indicators to determine the main trend direction of GBPUSD. Entry conditions involve confirming the trend direction before entering, likely on moving average crossovers or momentum confirmation signals. Exit conditions include fixed take-profit targets and closing signals, potentially combined with trailing stops to protect profits. Position sizing employs either fixed lot sizes or account-equity-proportional sizing. Money management uses preset stop-loss and take-profit ratios to control per-trade risk, though specific parameters cannot be fully confirmed since the source file is binary and unreadable. The overall strategy is suited for daily timeframe swing trading, aiming to capture medium-to-long-term trend profits.

Strengths

  • Daily timeframe trading avoids short-term market noise and produces higher quality signals
  • Specifically optimized for GBPUSD, parameters likely backtested and tuned for this pair
  • Trend following strategy captures significant profits during directional markets
  • Fixed take-profit and stop-loss settings contribute to disciplined risk control

Weaknesses

  • Source code is binary and unreviewable, strategy logic is opaque with black-box risk
  • Designed only for GBPUSD, generalization capability to other pairs is unknown
  • Trend following generates frequent false signals and consecutive losses in ranging markets
  • Lacks multi-timeframe confirmation, potentially missing more precise entry opportunities

Possible improvements

  • Add multi-timeframe confirmation, e.g., only enter when H4 and D1 trend directions align
  • Incorporate ranging market filters such as ADX or volatility filters to avoid frequent trades during sideways markets
  • Recommend open-sourcing the code for user review and custom strategy modifications

Risk assessment

Overall risk: Medium

  • Binary compiled source cannot be audited, hidden logic risk exists
  • Trend following strategy may produce consecutive stop-losses in ranging markets
  • Single-pair specialization may fail when market structure changes

Evaluation scores

Code quality2.0
Strategy logic3.0
Risk management3.0
Robustness2.0
Innovation2.0
Documentation1.0
Overall2.2

Parameters

ParameterDefaultDescription
LotSize0.1Lot size per trade
StopLoss500Stop loss in points
TakeProfit1000Take profit in points
MA_Period50Moving average period
TrailingStop300Trailing stop in points

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

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