An exceedingly low risk EA using a martingale money management system on my Chaos Unlimited strategy. This has brought about a winning EA that seems to have an absolute return on a monthly basis. Back tests have proven to be extremely positive.

The results below show for the optimized year 01Jan08 to 27Feb08. The results show a 48% return with a 5.86% drawdown which is amazing.


Bars in test 33258
Ticks modelled 2066419
Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 4834.33
Gross profit 10606.93
Gross loss -5772.60
Profit factor 1.84
Expected payoff 3.49
Absolute drawdown 476.97
Maximal drawdown 856.80 (5.86%)
Relative drawdown 5.86% (856.80)
Total trades 1384
Short positions (won %) 570 (58.95%)
Long positions (won %) 814 (58.23%)
Profit trades (% of total) 810 (58.53%)
Loss trades (% of total) 574 (41.47%)
Largest
profit trade 239.41
loss trade -71.66
Average
profit trade 13.09
loss trade -10.06
Maximum
consecutive wins (profit in money) 20 (95.61)
consecutive losses (loss in money) 5 (-219.06)
Maximal
consecutive profit (count of wins) 245.84 (12)
consecutive loss (count of losses) -219.06 (5)
Average
consecutive wins 3
consecutive losses 2

The below is the non-optimized 5 year backtest on the USDJPY. From 01Jan2003 to 02Feb2008. We can see that even a raw non-optimized backtest returns a great deal with still low max drawdown of 33.26%. While Returning nearly 630% over 5 years!!


Bars in test 132940
Ticks modelled 10326073
Modelling quality 90.00%
Mismatched charts errors 59
Initial deposit 10000.00
Total net profit 62963.43
Gross profit 138370.84
Gross loss -75407.41
Profit factor 1.83
Expected payoff 10.37
Absolute drawdown 366.51
Maximal drawdown 10116.29 (33.26%)
Relative drawdown 44.13% (8336.36)
Total trades 6074
Short positions (won %) 2755 (62.14%)
Long positions (won %) 3319 (59.84%)
Profit trades (% of total) 3698 (60.88%)
Loss trades (% of total) 2376 (39.12%)
Largest
profit trade 1574.71
loss trade -489.61
Average
profit trade 37.42
loss trade -31.74
Maximum
consecutive wins (profit in money) 23 (108.40)
consecutive losses (loss in money) 5 (-1533.41)
Maximal
consecutive profit (count of wins) 1720.92 (12)
consecutive loss (count of losses) -1533.41 (5)
Average
consecutive wins 4
consecutive losses 2

The first weeks results were quite good.

The results were most interesting because the last week was intensely volatile. Many EA's have wild swings in equity during these times with huge drawdowns.

The results are as follows. From March 12, 2008 to March 19, 2008.

The total net return is $44.42 which is 2.2%


Gross Profit: 87.62
Gross Loss: 43.20
Total Net Profit: 44.42
Profit Factor: 2.03
Expected Payoff: 0.77
Absolute Drawdown: 0.00
Maximal Drawdown: 13.77 (0.67%) Relative Drawdown: 0.67% (13.77)

Total Trades: 58
Short Positions (won %): 19 (57.89%)
Long Positions (won %): 39 (51.28%)
Profit Trades (% of total): 31 (53.45%)
Loss trades (% of total): 27 (46.55%)
Largest profit trade: 14.84
loss trade: -4.95
Average profit trade: 2.83 loss trade: -1.60

Maximum consecutive wins ($):5 (7.06)
consecutive losses ($): 4 (-13.77)
Maximal consecutive profit (count): 14.84 (1)
consecutive loss (count): -13.77 (4)
Average consecutive wins: 3 consecutive losses: 2


The actual max floating drawdown has been -48.56 or (2.41%) -- At this rate we are on track for an annual return on investment of 104% or $4081.55

The second weeks results again were very good. The results are actually quite higher then I thought it would be. The USDJPY has been trading in wild spurts that are quite irregular and unnatural to the usual USDJPY trends. This means that the EA has been robust and manages well in such volatility.

The results are as follows from March 12, 2008 to March 27, 2008

Total net return is $111.82 which is 5.5%

Gross Profit: $246.84
Gross Loss: $135.02
Total Net Profit: $111.82

Profit Factor: 1.83
Expected Payoff: 0.96
Absolute Drawdown: 0.00
Maximal Drawdown: 37.79 (1.80%) Relative Drawdown: 1.80% (37.79)

Total Trades: 117
Short Positions (won %): 53 (54.72%) Long Positions (won %): 64 (50.00%)
Profit Trades (% of total): 61 (52.14%)
Loss trades (% of total): 56 (47.86%)
Largest profit trade: 44.04
loss trade: -12.97
Average profit trade: 4.05
loss trade: -2.41
Maximum consecutive wins ($): 6 (18.69)
consecutive losses ($): 7 (-37.79)

Maximal
consecutive profit (count): 44.58 (2) consecutive loss (count): -37.79 (7)

Average
consecutive wins: 3
consecutive losses: 2


At this rate we are on track for an annual return of 131% which is $4616 from an initial investment of $2000

Hi all,
Would you kindly tell me how to live test Omega99 EA now,how to download and setup better to trade mini account please?

Thanks all,

Daniel

Hi Daniel,

The Omega99 EA, would only be available through our EA hosting service for a monthly fee. You would not be able to download the EA.

Here is a statement of the EA for the last month. I will be posting weekly statements from now on.

Regards

Another interesting week has gone by with this EA. This EA was built to produce an absolute return no matter what the market is diong either trending or choppy.

We can see that in today's very choppy and volatile market the EA has performed well on a small account.

The reason why a small account was chosen to run this demo on was to show a real live situation. I can't imagine many people starting off investing with 10K right off the bat so I decided to run this EA on a smaller account instead.

Here is the statement up to the end of this week ending 22Aug08

And here is the chart..

Here is the weekly statement from the past week.

As you can see there has been exceptional performance during an erratic market.

And here is the equity curve.

Sept has been so far a fantastic and busy month for this EA. All of the movement has really netted a great deal of profits.

Here is the latest statement for the month of Sept. EA is still looking excellent.

41% Return in two months.

Max Drawdown is a phenomenal 2.65%

And here's the statement for Sept

What an amazing month for this EA. N­onstop­ this EA has performed through all of the volatility for the entire month of Sept.

This EA has just chugged along and grabbed pips everday.

The proof is here. This EA has been live tested now every single day since July through market panics and crisis interventions.

Here is the statement for the rest of Sept.

And here is the equity graph.

WOW simply amazing. The market is going insane. USDJPY took a major dive today and the EA just kept profiting!! This is no haphazard EA. It is meant to profit from highly volatile directional trading just like we're seeing. Here is the attached statement.

and the equity graph..