Cash Hammer v3.01MM Expert Advisor
Testing trading robots
В новогоднем номере журнала ForTrader.org мы решили рассмотреть робота, который давно просился на страницы нашего журнала, но почему-то мы обходили его стороной, — Cash Hammer. Самое время исправить ситуацию, так что начнем. Рассмотрим версию v3.01MM.
So we're faced with another intraday advisor with martingale, working on EURUSD and M5. Note that MM is not used as the main system, but to minimize floating losses. It uses candlestick analysis to open trades, so don't expect a grid of orders and other dabbling common for scalpers with MM.
It is also interesting that the Expert Advisor opens buy and sell deals independently of each other, focusing on the current trend. If the trend changes, it will change the direction of the open positions, and will close the remaining ones to breakeven, using the latest Smart YTG system. It should be noted that the authorship of Smart YTG also belongs to the creators of Cash Hammer, but the idea was so interesting that it was immediately picked up by other developers. This system is based on the work with pending orders.
Another advantage of the advisor, which is noted by market participants, is quite easy passage through sharp price movements. Often a rapid change of direction leads to the loss of the deposit for many robots, as the author of Cash Hammer assures, it will come out of the problems with honor. I do not want to insult the efforts of Yury, the Expert Advisor's author, but his robot accumulates significant losses and, even with all its effort, is drawn down. This leads us to the conclusion that trading robots should be above the average reserve and should not rely on a miracle system.
The main words seem to have been said, now let's move on to the most interesting part.
Cash Hammer v3.01MM test conditions
It seems that we finally found a partner willing to cooperate with us in the research of trading robots. Please love and pity Diven FX. We have very rich plans ahead of us together, so feel free to learn more about it in our broker rating.
As for Cash Hammer, we will use the standard parameters, replacing only the value of the initial lot with 0.1 for a deposit of 10 000$. All our tests of the robot with a slightly higher risk ended in a rapid or not so rapid failure.
- The company: Diven FX
- Terminal: MetaTrader 4
- Deposit: 10 000$
- Account type: real
- Currency pair: EURUSD
- Timeframe: М5
- Expert's office hours24/7
- Backtest: 2013
- Start of testing: 27.12.2013
Testing Cash Hammer v3.01MM Expert Advisor
Let's start with the general testing of the robot for 2013. ForTrader.org experts have paid attention to the quite confident test of Cash Hammer on real and demo accounts available on the web. The smooth upward crawling balance line seems to suggest that the Expert Advisor can tolerate significant fluctuations of the market mood. Let's see what the test shows.
- Initial deposit: 10 000$
- Net income: 10192.17$
- Maximum drawdown: 15461.76 (83.03%)
- Maximum number of continuous wins: 9 (1666.47)
- Maximum number of continuous losses: 14 (-4600.88)
Не каждый депозит и трейдер выдержит такое напряжение, какое показал робот во второй половине года дважды. Это как раз те моменты, о которых мы говорили выше — Cash Hammer накапливает убыток и довольно уверенно. И это может стать летальным для вашего депозита.
К сожалению, компания Diven FX не дает трейдерам сразу большое количество котировок, поэтому используем максимально имеющиеся: 2013.09.26 — 2013.12.26. Три месяца работы дают нам следующий результат:
- Initial deposit: 10 000$
- Net income: 2920.26$
- Maximum drawdown: 8147.20 (73.43%)
- Maximum number of continuous wins: 6 (184.01)
- Maximum number of continuous losses: 6 (-2124.70)
As we can see, the last difficult part of the trading robot also passed with flying colors on other quotes, except for a little better. If the robot were not popular, we would have hardly started working with it, but now that traders are interested in it, we should run independent testing of Cash Hammer v3.01MM Expert Advisor. So we invite you to see the results in the new Expert Advisor monitoring on our website.