【Weekly Results】Try managing a free EA portfolio! (30 January-3 February 2023)

Portfolio 1,Portfolio management

As we announced, we have added one EA to our portfolio starting this week. This is the EA “Night JRNY Micro Scalper MT5" announced on Monday. In this article, I would like to reconfirm the performance of the added EA along with the results of this week’s portfolio operation.

What is “Night JRNY Micro Scalper MT5" added to Portfolio No.1?

As introduced in the previous article, this EA is a new type of EA that sets limit orders for BUY LIMIT and SELL LIMIT before rollover every day and aims for characteristic price movements during rollover, and the backtest results are also very excellent.

There are 9 currency pairs supported: GBPUSD, EURSD, EURCHF, USDCHF, EURBP, USDCAD, AUDCAD, EURCAD, AND EURAUD, and of course there are good and bad among them. Therefore, we first decided to compare the performance of each currency pair and select the currency pair to use.

The performance of each currency pair was ranked by “Complex Criterion max" (a composite value of trade quality calculated from Total Trades, Drawdown, Recovery Factor, Expected Payoff, Sharpe Ratio).

All currency pairs had high numbers, but this time we dared to select 6 currency pairs in the green frame (99.99).

  • GBPUSD#,EURCHF#,USDCHF#,EURGBP#,AUDCAD#,EURCAD #

Below are the backtest results on 6 selected currency pairs.

MQL5 Free EA – NOZAX Portfolio No.1

NOZAX Portfolio No.1
  • Account: NZX Zero (ECN) (NOZAX)
  • Initial balance: 100,000 yen
  • Working EA:
  • TraderMind EA MT5: currency pair: USDCAD#, timeframe: 1-hour, Lot quantity: 0.03 lot
  • White Bear DT for NOZAX: Currency pair: GBPJPY#, Timeframe: 5-minute, Lot quantity: 0.01 lot
  • White Bear DT for NOZAX: Currency pair: USDJPY#, Timeframe: 5-minute, Lot quantity: 0.02 lot
  • Night JRNY Micro Scalper MT5: Currency Pairs: GBPUSD#,EURCHF#,USDCHF#,EURGBP#, AUDCAD#,EURCAD#, Timeframe:5-minute, Lot quantity:0.01 Lot X5

Results from 30 January-3 February (NOZAX Portfolio No.1)

  • TraderMind EA MT5: 1 win and 0 loss, total profit and loss was 539 yen (19.5pips).
  • White Bear DT GBPJPY: 1 win and 0 loss, total profit and loss was 189 yen (20.1 pips).
  • White Bear DT USDJPY: 1 win and 0 loss, total profit and loss was 310 yen (16.0pips).
  • Night JRNY Micro Scalper MT5: 0 wins and 0 losses, total profit and loss was 0 yen (0pips).

Past Results (NOZAX Portfolio No.1)

The individual results of each EA to date are as follows.

  • 3 January3 February 2023
    (Trades with a profit of even 1 yen are counted as “winning", while vice versa is counted as “negative")
    • This week, although there were few trades, the profit and loss were able to end positively. The balance, which started at 100,000 yen, increased to 105,756 yen from 104,718 yen at the end of last week.

    Strategies for the next week and beyond

    Let’s look forward to the first entry of “Night JRNY Micro Scalper MT5" next week.

    NOZAX

    Up-and-coming MT5 FX broker [NOZAX] → → → Click here for details!

    Posted by GOMA