Phantom_USDCAD
Forward test result
For detailed conditions and results of the forward test, please check below.
Forward test conditions
| Account Used for Testing | TitanFX MT4 Demo Account (Standard) |
|---|---|
| Trading Instrument | USDCAD |
| Trading Time Frame | 5M |
| Initial Capital | 1,000,000 JPY |
| Parameters | Default Settings |
| Forward Test Start Date | Apr 26, 2023 |
Details of the forward test
Profit and loss
Total profit and loss | Total profit | Total loss |
|---|---|---|
| +525 JPY | +525 JPY | +0 JPY |
Profit factor | Expected profit and loss | Maximum drawdown rate |
| 1000000 | +75 JPY | -0.6% |
Risk reward ratio | Recovery factor | Total profit and loss from swap, etc |
| ー | 0.07 | +20 JPY |
Win rate
Win rate(All) | Win rate(Buy) | Win rate(Sell) |
|---|---|---|
| 100% | 100% | 100% |
Number of trades & duration
Number of Trades(All) | Number of Trades(Buy) | Number of Trades(Sell) |
|---|---|---|
| 7 | 6 | 1 |
Average duration(All) | Average duration(Buy) | Average duration(Sell) |
| 13hours4minutes | 14hours52minutes | 2hours19minutes |
Average & maximum PL, consecutive wins & losses
Average profit | Maximum profit | Maximum consecutive wins |
|---|---|---|
| +75 JPY | +239 JPY | 7 |
Average loss | Maximum loss | Maximum consecutive losses |
| +0 JPY | +0 JPY | 0 |
Open positions
| Execution Time | Symbol | Buy/Sell | Price | Stop | Limit | Lot | Swap(JPY) | UPL |
|---|
This EA does not require an application for use. By agreeing to the EA usage terms below, you can freely download it from the download button provided.
EA Terms of Use
Only those who agree to all the following items may use the EAs distributed on this website (https://research.titanfx.com):
1.EAs and explanations of EAs, forward tests, back tests, etc. are created based on various data that are believed to be reliable. But EAs and signals are developed and provided by third parties, their performance and functionality are independent of Titan FX. Any usage or reliance on them is at your own discretion and risk.
2.EA's forward test, back test, etc do not guarantee the future investment results of the customer and do NOT constitute investment or professional advice of any kind. None of the information included in the website (opinions, news, research, analyses, content, instruction, prices etc) has been prepared based on your objectives, financial situation or needs, and it will not be considered as fact or as a guarantee of future performance. Also, depending on the market conditions and the communication environment, the trading results of the forward test on the demo account and the trading results on the real account may differ.
3.Past EA, forward tests, back tests, etc. may be deleted without prior notice, or forward tests may be restarted at our discretion.
4.When using EA, please use it at your own risk after thoroughly conducting backtests and operation verifications on demo accounts. It is your responsibility to seek independent financial advice from a qualified professional who can assess your financial situation, risk tolerance, and investment objectives before engaging in CFD trading or utilizing EA services. We shall not be held liable for any losses, damages, or unfavorable outcomes resulting directly or indirectly from the use of EA or CFD trading activities.
5.The use of EA involves certain operational and technical risks, including but are not limited to, internet connectivity issues, computer hardware or software failures, power outages, and server disruptions. Titan FX shall not be held liable for any losses or damages resulting from such operational or technical difficulties.
6.EA specifications are subject to change without notice. Details of the change will be announced on the EA explanation page.
7.EA's logic is not covered by our customer support. Please note that we cannot reply even if you contact us.
8.Please use only the customer who downloaded the EA. It is prohibited to transfer or sell EA to a third party.
Features of EA
Developer: Titan FX
This is a multi-position EA for USDCAD. It sets break-even points and secures profits using trailing stops. It derives signals from RSI and MACD. Entries are focused on specific time periods with high win rates, resulting in a high Profit Factor (PF).
*Note: This EA operates exclusively on the Windows version of TitanFX's MT4 accounts.
Overview
| Trading Platform | MT4 |
|---|---|
| Recommended Category | FX |
| Recommended Instrument | USDCAD |
| Recommended Time Frame | 5M |
| Recommended Minimum Margin | 200,000 JPY |
| Trading Style | Short-term |
| Maximum Number of Positions | Unlimited |
| Hedging | Yes |
| Martingale Strategy | Yes |
| Trading Approach | Trend follow and Contrarian |
| Estimated Number of Trades Per Week | 10 |
| Key Feature | High Profit Factor, High Win rate |
*Note: The recommended minimum margin is based on the amount that covers the maximum drawdown in backtesting when operated at default quantities, plus a margin amount that includes a leverage of 500 times. This does not necessarily guarantee safe operation. We recommend depositing margin with a comfortable buffer.
Parameters
| Name | Default Value | Description |
|---|---|---|
| Fixed lots | 0.01 | Set fixed lot size |
| Compound Interest Mode | ON | Whether to use compounding mode |
| Compound Interest Rate | 0.1 | Set the compounding rate |
| Close the position when the unrealized loss exceeds the set val | false | Set to true to cut losses when unrealized loss exceeds a specified percentage (%) of account equity |
| Unrealized loss at which to close the position(%) | 3.0 | The percentage for the above loss-cutting setting when set to true |
| Magic Number | 994980 | Magic number |
Cautions
- About Holding Multiple Positions and Compounding & Risk-Variable Lots
This EA can hold multiple positions. You can choose between a "Fixed Lots" size per position, or "Compound Interest Mode," which is based on a set percentage of the account balance.
When "Fixed Lots" is selected, the specified lot size is used for each position (standard lot) and multiple lots are traded.
When "Compound Interest Mode" is set to ON, "Fixed Lot" is deactivated, and positions are held based on a percentage of the account balance.
The calculation method for the standard lot in "Compound Interest Mode" is as follows, specified by the compounding rate in the settings:
Account Balance × 0.01 × Entered Compounding Rate / Margin per 1 Lot
For example, if the account balance is 1 million JPY, and USD/JPY is at 130, for trading in a 500x leverage account: 1,000,000 × 0.01 × 0.1 ÷ (130 × 100,000 ÷ 500) = 0.0384 lots
Fractions are rounded down, setting the standard lot to 0.03 lots.
If running multiple EAs with "Compound Interest Mode" logic within the same MT4, divide and calculate by the number of EAs:
Account Balance × 0.01 × Entered Compounding Rate / Margin per 1 Lot ÷ Number of EAs
For example, if the account balance is 1 million JPY, and USD/JPY is at 130, and two EAs with "Compound Interest Mode" logic are running in a 500x leverage account:
1,000,000 × 0.01 × 0.1 ÷ (130 × 100,000 ÷ 500) ÷ 2 = 0.01923 lots Fractions are rounded down, setting the standard lot to 0.01 lots.
- About the Martingale Method
This EA adopts the Martingale method. It places orders in the sequence of standard lot ×2, ×4, ×8, ×16 when the average rate of held positions moves 20 Pips against the direction.
The Martingale method can enhance the winning rate; however, it carries the risk of substantial losses if the market moves significantly in one direction. Please use it with this understanding.
Moreover, this EA allows you to set a loss cut when a certain percentage of unrealized loss occurs relative to the account assets. Please set this as needed.
To set this, set "Close on Loss Exceeding Set Value" to true and specify the percentage in "Unrealized Loss Settlement Value (%)". This will trigger a settlement when the unrealized loss reaches the specified percentage of the account balance.
Backtest
Back test
