Joker NG v 4.1- expert
Testing trading robots
In the 78th issue of our magazine we will consider the work of the Expert Advisor, which is known and interesting to many traders. Its two previous versions showed generally good performance on real trading accounts, so the finalized and improved Joker NG will, in the author's opinion, continue, we hope, their successes. Moreover, the testing turned out to be quite interesting.
Other experts:
Algorithm of Expert Advisor Joker NG v 4.1
So, if we briefly talk about Joker as a whole, its basis has always been several simultaneously working strategies. The author offered us version 4.1 of Joker NG for testing, and in the settings we see the same 3 trading strategies. It is difficult to say whether the components of the robot have changed, this secret has not been revealed to us, but in general, it is not important if such a portfolio of robots works stably.
I don't think we will go into details of the past versions. It will be much easier for you to familiarize yourself with them in earlier descriptions and monitoring: Joker EA и Joker EA v 3.3. Let's go straight to testing, because, no matter how much you talk about the robot, the main thing is to have a plus on the account.
Testing conditions of Joker NG v 4.1
So, a few words about testing. Due to the fact that our sponsor, Gamma, unfortunately announced its closure due to the unprofitability of the process, we will have to modify the work process somewhat. At this stage, we are going to test robots on demo or small real accounts in companies that are most suitable for experts and recommended by the authors.
Joker NG v 4.1 has shown itself best on Alpari quotes even with the smallest deposit, so we will test it there. The author strongly recommends using ECN accountsand disable strategy 3, let's take his advice.
- The company: Alpari
- Terminal: MetaTrader 4
- Deposit: 100$
- Account type: real, ECN
- Currency pair: EURUSD
- Timeframe: М5
- Expert's office hours24/7
- Expert Advisor Type: commercial
- Backtest: 2013
- Start of testing: 31.10.2013
- End date of testing: with the release of the new version
Testing of Expert Advisor Joker NG v 4.1
The year is almost over, it was not an easy year for the market, with peaks and dips, so we will not conduct a study on the previous years, 2013 is enough. We will give you several variants of testing, both on demo and real accounts, and explain why we have decided to do the test on a real account now.
- Initial deposit: 1000$
- Net income: 520.34$
- Maximum drawdown: 236.36 (13.90%)
- Average profitable trade: 6.78$
- Average loss trade: -43.06$
- Lot: 0.1
Unattractive in this description is the average losing trade compared to a profitable one. But I hasten to say at once that for the year there were 9 lots, while the profits were 134, so the increase is quite tangible.
- Initial deposit: 100$
- Net income: 78.05$
- Maximum drawdown: 28.73 (14.40%)
- Average profitable trade: 0.98$
- Average loss trade: -5.87$
- Lot: 0.01
Testing on 100 dollars is given to show that the robot is able to work with small deposits at the volume of the transaction from 0.01 lot. The results are generally similar, even the same spread in profit and loss is present, while the amounts of lots and profits are maintained.
- Initial deposit: 100$
- Net income: -13.38$
- Maximum drawdown: 37.89 (34.88%)
- Average profitable trade: 0.48
- Average loss trade: -4.85
- Lot: 0.01
Unfortunately, the test on real quotes gave us an unpleasant surprise. No profit, drawdown. The author also says that in recent months Joker NG v 4.1 started to work intermittently, not showing profit, but his account remains in the plus, and it is not easy to rely on the accuracy of testing. As it often happens, a period of decline will be followed by an upswing, which means it's time for us to try it, because smart investors always invest in a profitable business on the rise, and as the author says, the trends are turning in our direction.