Here we show two results of our brainstorming work. Both systems are being traded on real accounts now.
Synopsis:
While the results were not bad, a client thought they could be improved with better exits. Our team researched the system and suggested few changes which were accepted, developed and tested. The results show increase in profitability.
What have been done:
Removed: constant Stoploss and Takeprofit
Added: Stoploss and Takeprofit based on market conditions and levels; intelligent trailing stop; entries are filtered depending on market condition.
Results:
Profit factor increased from 1.47 to 2.13
Synopsis:
The system was barely profitable but showed a great potential and our client decided to ask us to brainstorm it. Our team researched the system and suggested complete changing of entry filters and modifying exits. The changes were accepted, developed and tested. The results of further live tests show that unprofitable EA became profitable.
What have been done:
Removed: constant Stoploss and Takeprofit
Added: Stoploss and Takeprofit based on market conditions and levels; multitimeframe trend filter; time filter.
Results:
Profit factor was around 1, currently is 1.74.