Day Trading PAMXA
Day Trading PAMXA is an Expert Advisor designed for intraday scalping on lower timeframes. It likely enters and exits trades within the same trading day based on short-term price action and technical indicator signals. The EA aims to capture small price movements with quick entries and exits.
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 | -0.27% | -0.24% | 3.79% | 110 | 48.60% | — | — | — | — | Same as other EAs |
| GBPUSD | +6.63% | +5.74% | 3.89% | 108 | 51.90% | — | — | — | — | Same as other EAs |
| USDJPY | +2.10% | +1.82% | 4.75% | 99 | 49.50% | — | — | — | — | Same as other EAs |
| XAUUSD | +1.98% | +1.63% | 52.23% | 105 | 50.00% | — | — | — | — | Same as other EAs |
On every market this backtest is identical to EA-16787, EA-16877, EA-17274, EA-17489, EA-17741, EA-19089, EA-20222, EA-20527 and others. The automatic conversion almost certainly lost what makes this EA different (a custom indicator, a filter or the money management), so these results are not ranked or counted.
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
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
This EA employs an intraday scalping strategy primarily operating on lower timeframes, using technical indicators to identify short-term price momentum shifts for trade entries. Entry conditions are likely based on fast moving average crossovers, RSI overbought/oversold levels, or MACD signal line crossovers to generate opening orders. Exit conditions typically feature tight take-profit targets consistent with scalping characteristics, with relatively close stop-losses to control per-trade risk. Position sizing may use fixed lot sizes or dynamic lot calculation based on account balance. In terms of money management, day trading strategies usually close all positions before the end of the trading session to avoid overnight risk, though the exact implementation depends on the code logic. The core risk of this strategy lies in the cumulative impact of slippage and spread costs from frequent trading, which can erode profits significantly.
Strengths
- Intraday trading avoids overnight risk, reducing losses from gap openings
- Scalping strategy can profit even in small volatility markets, offering good adaptability
- Systematic execution eliminates emotional interference and maintains trading discipline
Weaknesses
- Frequent trading accumulates spread and slippage costs that can severely erode net profit
- Scalping strategy demands high-quality broker execution; poor platforms can render the strategy ineffective
- Small take-profit to stop-loss ratios can result in consecutive losses during volatile market conditions
Possible improvements
- Add a spread filter mechanism to pause trading when spreads are too wide, protecting profits
- Incorporate trading session filters to trade only during high-liquidity peak hours
Risk assessment
Overall risk: Caution
- Scalping strategy lacking spread filtering can cause unnecessary losses during high-spread periods
- Intraday strategy may face significant slippage risk during major news events
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
LotSize | 0.1 | Lot size per trade |
StopLoss | 20 | Stop loss in points |
TakeProfit | 10 | Take profit in points |
Timeframe | M15 | Trading timeframe |
MaxTrades | 3 | Maximum simultaneous positions |
Similar Scalping EAs
Backtests are historical simulations and do not guarantee future results. Not financial advice.