Hoop master 2
Hoop Master 2 is a trend-following Expert Advisor that identifies market direction using moving average crossovers and momentum confirmation. It enters trades when the trend aligns across indicators and manages positions with trailing stops and fixed risk-reward ratios. The EA targets medium-term moves on major currency pairs during active sessions.
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 of Hoop Master 2 is trend following based on moving average crossovers, using fast and slow MA crossings to determine trend direction. Entry conditions require confluence between the MA crossover and momentum indicators such as MACD or RSI to avoid false breakouts. Exit conditions include fixed take-profit and stop-loss levels along with a trailing stop that locks in profits as the trend extends. Position sizing uses either fixed lots or a percentage-based calculation tied to account balance, controlling risk exposure per trade. Money management incorporates maximum position limits and overall account drawdown protection to prevent excessive concentration in trending markets. The strategy logic is clear but lacks a consolidation filter, which may generate numerous false signals during ranging periods.
Strengths
- Strategy logic is simple and clear, making the MA trend-following approach easy to understand and optimize
- Uses multi-indicator confluence for entry confirmation, reducing losses from false breakouts
- Includes trailing stop and maximum position limits, providing a basic risk control framework
Weaknesses
- Lacks a ranging market filter, prone to frequent losing trades during consolidation periods
- Fixed stop-loss and take-profit ignore market volatility changes, leading to inconsistent performance across instruments and sessions
- No new bar check mechanism, risking multiple entries on the same candle which stacks exposure
Possible improvements
- Add an ADX or volatility filter to automatically pause trading during ranging markets and reduce false signals
- Switch to ATR-based dynamic stop-loss and take-profit for adaptive position management across varying volatility regimes
- Implement new bar check and session time filters to prevent duplicate entries and restrict trading to optimal sessions
Risk assessment
Overall risk: Medium
- No ranging market filter, consecutive losses during consolidation can cause significant drawdown
- Fixed stop-loss ignores market volatility, potentially too tight during extreme moves leading to slippage
- No new bar check may allow duplicate entries on the same candle, increasing risk exposure
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
FastMA_Period | 10 | Fast MA period |
SlowMA_Period | 50 | Slow MA period |
MA_Method | MODE_SMA | MA calculation method |
StopLoss | 500 | Stop loss in points |
TakeProfit | 1000 | Take profit in points |
TrailingStop | 300 | Trailing stop in points |
LotSize | 0.1 | Fixed trading lot size |
MaxPositions | 3 | Maximum positions |
MagicNumber | 23348 | EA magic number |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.