Bronze Warrior
Bronze Warrior is a momentum-based Expert Advisor that uses a combination of technical indicators to identify trend direction and momentum shifts for trade entries. It generates buy and sell signals based on indicator crossovers and threshold conditions, with built-in stop loss and take profit management. The EA operates systematically on specified timeframes and instruments without manual intervention.
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 | -1.98% | -1.72% | 3.91% | 63 | 50.00% | -0.57 | -0.51 | 4 | −$2.64 | Reliable |
| GBPUSD | -0.46% | -0.40% | 4.11% | 60 | 50.00% | -0.10 | -0.11 | 4 | −$0.77 | Reliable |
| USDJPY | +1.69% | +1.46% | 3.24% | 62 | 56.50% | 0.49 | 0.52 | 6 | +$2.72 | Reliable |
| XAUUSD | +81.42% | +63.58% | 29.40% | 62 | 55.70% | 1.41 | 2.77 | 4 | +$137.54 | Reliable |
Profitable on 2 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 Momentum EAs with a reliable result on the same market: EURUSD: better than 37% of 68 · GBPUSD: better than 61% of 66 · USDJPY: better than 74% of 68 · XAUUSD: better than 87% of 75
Month by month
| Market | Months with a gain | Best month | Worst month |
|---|---|---|---|
| EURUSD | 46% | +1.65% 2026-04 | -0.97% 2026-08 |
| GBPUSD | 46% | +2.51% 2026-04 | -1.94% 2026-10 |
| USDJPY | 54% | +2.27% 2026-09 | -1.60% 2026-07 |
| XAUUSD | 69% | +41.49% 2026-01 | -11.46% 2026-03 |
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
Bronze Warrior's strategy core is based on momentum indicator crossover signals for trend-following trades. Entry conditions rely on the combined confirmation of multiple technical indicators, triggering trade signals when short-term momentum indicators cross long-term ones or break through key thresholds, with separate entry logic for long and short positions. Exit conditions include fixed stop loss and take profit settings, along with a possible trailing stop mechanism to protect accumulated profits. Position sizing adopts either fixed lots or a proportional calculation based on account balance, allowing users to adjust risk exposure per trade through configurable parameters. In terms of money management, the EA provides maximum position limits and account risk control parameters, but still faces slippage and gap risks during extreme market conditions. The overall strategy logic is clear, but lacks an adaptive mechanism to switch between ranging and trending market states.
Strengths
- Clear strategy logic based on well-established momentum crossover principles, easy to understand and backtest
- Built-in stop loss, take profit, and trailing stop mechanisms providing fundamental risk control
- Well-parameterized design allowing users to flexibly adjust trading parameters based on their risk appetite
Weaknesses
- Lacks market state identification, likely generating frequent false signals in ranging markets leading to consecutive losses
- No spread filter included; entry costs can be excessively high in high-spread environments, eroding profit margins
- Position sizing is relatively simple without dynamic ATR or volatility-based lot calculation, limiting risk control precision
Possible improvements
- Add a market state filter (e.g., ADX or volatility indicator) to pause trading during ranging markets and reduce false signals
- Introduce ATR-based dynamic stop loss, take profit, and position sizing to make risk management adaptive to market volatility changes
Risk assessment
Overall risk: Medium
- Lack of market state filtering may cause frequent entries in ranging markets leading to consecutive stop losses
- Fixed stop loss and take profit not dynamically adjusted for market volatility, potentially insufficient during extreme conditions
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
LotSize | 0.1 | Fixed lot size per trade |
StopLoss | 50 | Stop loss in points |
TakeProfit | 100 | Take profit in points |
TrailingStop | 30 | Trailing stop in points |
MagicNumber | 23073 | EA unique identifier for distinguishing orders |
Timeframe | H1 | Trading timeframe |
Similar Momentum EAs
Backtests are historical simulations and do not guarantee future results. Not financial advice.