Robotron Expert Advisor

Robotron Expert Advisor

Advisor characteristics

Platform: Metatrader 4

Advisor version: 1.5, 1.6 (custom modification), v22 - the latest version of the robot

Currency pairs: EURUSD and GBPUSD

Timeframe: M5

Working time: only at night

Robot type: trading from the borders of the night range

How Robotron trades

The exact algorithm of work is not described anywhere, but the settings and the nature of the deals made show that this is a night scalper. The profit for each trade is minimal.

Most likely, the author used either the oversold or overbought indicator, or Bollinger bands, or his own design. Our special course "Profit on the machine" includes a similar robot called 008, in which the trade is bouncing off the borders of Bollinger bands.

The visualization of trades confirms the assumption about the advisor's algorithm.

Both buy trades are closed with profit

Sales failed

Another example of a losing sell trade

Four trades in one night, 3 of them profitable

Note that the EA puts stops and take-profits, but they are so large that they almost never work. For example, with the default settings, the TP is 100 pips for 4-digit quotes. SL and TP are needed here rather in case of unexpected movements at night - a kind of safety net.

Although signals with basic settings are searched for 2 hours, the trades themselves remain open longer. Most likely, the EA exits the market according to the indicators.

Expert advisor settings

You cannot influence the market analysis algorithm through the settings, only auxiliary parameters are available:

Robotron settings

I recommend that you be extremely careful with the temporary settings. The EA works normally only on a “quiet” market.

Robotron test results

Robotron test results

In addition to the version of the advisor with the v22 index, we managed to find versions 1.5 (basic algorithm) and a custom modification 1.6 on the network. All of them were tested on the EURUSD currency pair for the period from the beginning of 2018 to the beginning of November of the same year.

The initial deposit is $ 10,000, a dynamic lot equal to 3% of the capital was used. The work was carried out on the M5 timeframe. Signals were searched from 00:00 to 02:00 Moscow time. The results were as follows:

Version 1.5 testing results

Version 1.6 testing results

Test results for version v22

The reasons for these differences in results are not entirely clear. Finally, we decided to draw conclusions about the performance based on the results of trading on a real account.

Robotron results when working with real money

The initial deposit was $ 500, trading was carried out for a month with the recommended parameters. The v22 version of the EA did not execute any transactions during this period, so the results below are for Robotron 1.5.

In total, 22 deals were concluded, most of the time the loss was approximately equal to the profit. The results of the deals fluctuated around $ 10. But in early November, a substantial loss of $ 50 on GBPUSD was received, which was the reason for the total loss for the month of trading.

Robotron Expert Advisor trading statistics

The growth curve of the deposit shows that Robotron, with all the desire, cannot be attributed to reliable advisors. Large losses that occur periodically cancel out the small gains made the rest of the time.

Conclusion

In the course of our experiment, it was not possible to accelerate the start-up capital at times or at least get a solid profit. But we did not set this goal for ourselves. The task was to check how different the results in the tester and in real trading can be. As for me, this goal was achieved, while I am not saying that all EAs are bad, but it is very difficult to find a worthwhile algorithm among the free ones.

As for Robotron, it cannot be optimized. Although the idea itself is worth considering, its implementation leaves much to be desired.

Perhaps you get to get the version with the v22 index in the title to work. Be sure to write about the results in the comments.