Yesterday Today
This EA trades breakouts of yesterday's high and low levels, entering long when price breaks above yesterday's high and short when price breaks below yesterday's low. It is a classic daily breakout system that exploits the tendency of price to continue moving after breaching the previous day's extremes. The strategy uses simple pending-order-style logic with configurable stop loss and take profit levels.
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 strategy concept is based on yesterday's high/low breakout, a classic intraday breakout trading method. Entry conditions: open a long position when the current price breaks above yesterday's high, and open a short position when the current price breaks below yesterday's low. Exit conditions rely on preset stop loss and take profit levels, and may also close positions at the end of the trading day. Position sizing typically uses fixed lots or a percentage of equity calculation, depending on parameter configuration. In terms of money management, the EA relies on stop losses to control per-trade risk but lacks overall account risk controls such as maximum drawdown limits or position adjustment after consecutive losses. The core assumption of this strategy is that breakouts of yesterday's high/low will trigger trend continuation, but it is prone to frequent false breakout signals in ranging markets leading to consecutive stop losses.
Strengths
- Strategy logic is simple and clear, easy to understand and verify
- Yesterday's high/low are widely recognized effective support/resistance levels
- Breakout strategies have good risk-reward ratios in trending markets
Weaknesses
- Frequent false breakouts in ranging markets lead to consecutive losses
- Lacks filtering mechanisms such as volatility or volume confirmation
- No dynamic position sizing or pyramiding logic, resulting in low capital utilization
Possible improvements
- Add ATR or volatility filter to avoid entering in low-volatility ranging markets
- Incorporate volume confirmation or multi-timeframe trend filter to improve breakout validity
- Implement trailing stop and partial profit-taking to optimize gains
Risk assessment
Overall risk: Medium
- Lacks false breakout filtering mechanism, prone to consecutive stop losses in ranging markets
- Fixed lot trading does not dynamically adjust based on account risk
- May lack new bar check, potentially leading to repeated entries at the same breakout level
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
Lots | 0.1 | Fixed trading lot size |
StopLoss | 50 | Stop loss in points |
TakeProfit | 100 | Overall take profit target in points |
MagicNumber | 12345 | EA magic number for trade identification |
MaxSlippage | 3 | Maximum slippage |
TradeDayClose | true | Close positions at end of trading day |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.