JokerEA Advisor v1.4
Expert Advisor JokerEA v1.4 is an automatic trading system that implements a trend trading algorithm.
The attention of the experts of the laboratory of the fortrader.org magazine was attracted to this Expert Advisor by the active advertising campaign of the author, who claims that at the moment this is the best robot that gives constant and steady profit for a long time, while having minimal drawdown. Well, let's give it a try!
A special positive side of the JokerEA v1.4 Expert Advisor is the following is an algorithm for effective Manimagementswhich does not create a critical load on the deposit. The developers of the Expert Advisor provide the ability to adjust the degree of risk, which reduces the probability of deposit loss to a minimum.
The disadvantage of the JokerEA v1.4 robotas well as any trend system, is getting losses when stop-losses are triggered on prolonged speculative price movements without corrections with sharp price pullbacks. In such a market situation the developers recommend to manually stop JokerEA v1.4 until it clears up, which, in our opinion, is not a very comfortable method for a trader.
Testing conditions of the Expert Advisor JokerEA v1.4:
The company: Gamma Markets LTD
Terminal: MetaTrader 4
Deposit: 1000$
Account type: real
Currency pair: EURUSD
Timeframe: М5
Expert's office hours24/7
Backtest: 2010 and 2011
Start of testing: 06.03.2013
End date of testing: 05.06.2013
Testing of the Expert Advisor JokerEA v1.4
JokerEA v1.4 test results for 2010:
Download JokerEA v1.4 Expert Advisor testing results for 2010
Initial deposit: 1000$
Net income: 1047.70$
Maximum drawdown: 387.07 (25.57%)
Average profitable trade: 6.09
Average loss trade: -55.34
JokerEA v1.4 test results for 2011:
Download the results of testing the JokerEA v1.4 Expert Advisor for 2011
Initial deposit: 1000$
Net income: 1263.87$
Maximum drawdown: 345.88 (14.93%)
Average profitable trade: 6.10
Average loss trade: -61.75