Exp_Open_Oscillator_Cloud_MMRec
This EA trades based on oscillator cloud signals, opening positions when the oscillator crosses cloud boundaries indicating overbought or oversold conditions. It uses money management recommendations (MMRec) to dynamically adjust position sizing. The strategy targets reversal points within oscillator extreme zones.
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 concept is mean reversion, utilizing an oscillator cloud to identify overbought and oversold market conditions. Entry conditions trigger a sell when the oscillator breaks above the cloud upper band and a buy when it breaks below the lower band, implying price will revert to the mean. Exit conditions include hitting take-profit targets, stop-loss triggers, or the oscillator returning to the cloud center zone. Position sizing is dynamically calculated through the MMRec module based on account balance and risk parameters. Money management adjusts risk exposure per trade according to historical volatility and account equity ratio. The overall strategy depends on the mean-reverting property of extreme oscillator readings, performing well in ranging markets but potentially suffering consecutive losses in trending conditions.
Strengths
- Dynamic money management module (MMRec) automatically adjusts position size based on account risk, providing solid risk control
- Oscillator cloud provides visual overbought/oversold zones, making entry signals relatively intuitive
- Maximum open position limit prevents over-leveraging and uncontrolled risk exposure
- Configurable stop-loss and take-profit parameters provide basic risk protection
Weaknesses
- Mean reversion strategy is prone to consecutive losses in strong trending markets, lacking a trend filter mechanism
- Fixed oscillator cloud thresholds do not adapt to market volatility, leading to inconsistent performance across different market conditions
- Missing slippage and spread filters may result in unfavorable entry prices during low liquidity periods
- No explicit new bar check mechanism, risking duplicate position opens on the same candle
Possible improvements
- Add a trend filter (e.g., moving average direction or ADX indicator) to pause trading or reduce position size during trending markets
- Implement adaptive cloud thresholds based on ATR or volatility to improve strategy adaptability across different market environments
Risk assessment
Overall risk: Medium
- Mean reversion strategy carries counter-trend trading risk during trending markets
- Missing new bar check may cause duplicate position opens on the same candle
- No spread filter configured may amplify losses in high-spread environments
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
OscillatorPeriod | 14 | Oscillator calculation period |
CloudLevel | 0.7 | Cloud boundary threshold level |
StopLoss | 500 | Stop loss in points |
TakeProfit | 1000 | Take profit in points, typically set at gap close |
RiskPercent | 2.0 | Risk percentage per trade |
MMRecEnable | true | Enable money management recommendation module |
LotSize | 0.1 | Fixed lot size (used when MMRec disabled) |
MagicNumber | 21610 | EA magic number for order identification |
MaxOpenPositions | 3 | Maximum simultaneous positions |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.