EA review - LCF Theta Vector
| Rating total: | |
| Backtests: | |
| Live performance: | |
| Risk control: | |
| Customizability: | |
| Price: |
| Vendor link | Price: | $342.16 (2021.02.22) |
| Trading strategy: | Counter-Trend, Grid |
| Vendor live account: | Yes |
| Own live account: | No |
| Latest tested version: | 9.7 |
| Latest tested date: | 2019.06.01 |
| Risk factors: | Over - optimisation |
LCF Theta Vector is based on a custom variation of the RSI indicator in assistance of an vector algorithm and a built-in AUTO_OPTIMIZER module that allows dynamic adaptation to current market conditions (no user calibration needed) - the specific settings are chosen on the basis of several different coefficients.
The EA seller does not explain in detail how this "Auto optimizer" works.
It use a limited grid logic, with up to 15 positions per currency pair to recover a basket. Sometimes it closes a basket with a negative value (sometimes even a single negative trade). Additional positions are only opened in specific cases, that are not fully explained by the vendor on his page.
LCF Theta Vector holds positions sometimes for a quite long. Often many days, up to many weeks.
Based on the backtests data the max. drawdown is around $500 while the avg. monthly profit are nearly $200.
Our opinion
There are some pros and cons. Based on the backtests this EA seems to have potential. It use a limited grid, no "pray and hold forever"-grid like many other grid systems. On the other side the current live results are pretty bad until now. The live results are quite limited until now (only a few months). Another negative point is the missing one time payment-price. You can only rent this EA.Live performance
Fixed lot size backtests
Why do we use fixed lot size (0.1 lots)? Check our educational page.
Dukascopy 2019.06.01, version 9.7| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 1 Hour (H1) 2010.01.01 00:00 - 2019.05.31 20:00 (2010.01.01 - 2019.06.01) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MAIN_PARAMETERS=" - - - - - - - - - - - - - - "; STOP_LOSS=true; SL_POINTS=400; AUTO_LOT=false; RISK=1; LOT=0.01; DEF_LVL=12; MAGIC_BUY=8010; MAGIC_SELL=8011; ADD_PARAMETERS=" - - - - - - - - - - - - - - "; SLIPPAGE=5; VOC=false; FLCS=true; LVL=12; FLCS_FACTOR=3.25; FLCS_FACTOR_UPMM=4; dTfactorM0=18; dT1Lfactor=0.4; SL_BREAKEVEN=false; TRAILING_SL=false; TSL_POINTS=500; DTSL=false; DTSL_POINTS=4500; BASE2ACC_RATIO=1; ORDERS_COMMENT="LCF_THETA_907"; SATURATION_LOG=false; INTERFACE=" - - - - - - - - - - - - - - "; INT_YDIST=13; | ||||
| Bars in test | 58819 | Ticks modelled | 179819159 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 5639.80 | Gross profit | 9530.90 | Gross loss | -3891.10 |
| Profit factor | 2.45 | Expected payoff | 3.95 | ||
| Absolute drawdown | 52.40 | Maximal drawdown | 386.77 (3.47%) | Relative drawdown | 3.47% (386.77) |
| Total trades | 1426 | Short positions (won %) | 693 (71.43%) | Long positions (won %) | 733 (64.67%) |
| Profit trades (% of total) | 969 (67.95%) | Loss trades (% of total) | 457 (32.05%) | ||
| Largest | profit trade | 81.37 | loss trade | -40.31 | |
| Average | profit trade | 9.84 | loss trade | -8.51 | |
| Maximum | consecutive wins (profit in money) | 27 (303.00) | consecutive losses (loss in money) | 13 (-78.13) | |
| Maximal | consecutive profit (count of wins) | 303.00 (27) | consecutive loss (count of losses) | -204.43 (6) | |
| Average | consecutive wins | 5 | consecutive losses | 2 | |
| Symbol | USDJPY (US Dollar vs Japanese Yen) | ||||
| Period | 1 Hour (H1) 2010.01.03 22:00 - 2019.05.31 20:00 (2010.01.01 - 2019.06.01) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MAIN_PARAMETERS=" - - - - - - - - - - - - - - "; STOP_LOSS=true; SL_POINTS=450; AUTO_LOT=false; RISK=1; LOT=0.01; DEF_LVL=10; MAGIC_BUY=8010; MAGIC_SELL=8011; ADD_PARAMETERS=" - - - - - - - - - - - - - - "; SLIPPAGE=5; VOC=false; FLCS=true; LVL=12; FLCS_FACTOR=1; FLCS_FACTOR_UPMM=1; dTfactorM0=40; dT1Lfactor=0.25; SL_BREAKEVEN=false; TRAILING_SL=false; TSL_POINTS=500; DTSL=false; DTSL_POINTS=4500; BASE2ACC_RATIO=1; ORDERS_COMMENT="LCF_THETA_907"; SATURATION_LOG=false; INTERFACE=" - - - - - - - - - - - - - - "; INT_YDIST=13; | ||||
| Bars in test | 58764 | Ticks modelled | 145509228 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 5878.02 | Gross profit | 8974.01 | Gross loss | -3095.99 |
| Profit factor | 2.90 | Expected payoff | 3.60 | ||
| Absolute drawdown | 160.70 | Maximal drawdown | 422.72 (4.12%) | Relative drawdown | 4.12% (422.72) |
| Total trades | 1634 | Short positions (won %) | 803 (64.88%) | Long positions (won %) | 831 (69.19%) |
| Profit trades (% of total) | 1096 (67.07%) | Loss trades (% of total) | 538 (32.93%) | ||
| Largest | profit trade | 88.62 | loss trade | -61.18 | |
| Average | profit trade | 8.19 | loss trade | -5.75 | |
| Maximum | consecutive wins (profit in money) | 29 (362.09) | consecutive losses (loss in money) | 10 (-134.04) | |
| Maximal | consecutive profit (count of wins) | 570.06 (21) | consecutive loss (count of losses) | -354.20 (8) | |
| Average | consecutive wins | 5 | consecutive losses | 2 | |
| Symbol | XAUUSD (Gold vs US Dollar ) | ||||
| Period | 1 Hour (H1) 2010.01.01 00:00 - 2019.05.31 20:00 (2010.01.01 - 2019.06.01) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MAIN_PARAMETERS=" - - - - - - - - - - - - - - "; STOP_LOSS=true; SL_POINTS=2200; AUTO_LOT=false; RISK=1; LOT=0.01; DEF_LVL=12; MAGIC_BUY=8010; MAGIC_SELL=8011; ADD_PARAMETERS=" - - - - - - - - - - - - - - "; SLIPPAGE=5; VOC=false; FLCS=true; LVL=12; FLCS_FACTOR=1.4; FLCS_FACTOR_UPMM=4; dTfactorM0=310; dT1Lfactor=1.5; SL_BREAKEVEN=false; TRAILING_SL=false; TSL_POINTS=500; DTSL=false; DTSL_POINTS=4500; BASE2ACC_RATIO=1; ORDERS_COMMENT="LCF_THETA_907"; SATURATION_LOG=false; INTERFACE=" - - - - - - - - - - - - - - "; INT_YDIST=13; | ||||
| Bars in test | 56900 | Ticks modelled | 262126483 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 5168.98 | Gross profit | 11802.67 | Gross loss | -6633.69 |
| Profit factor | 1.78 | Expected payoff | 4.20 | ||
| Absolute drawdown | 31.94 | Maximal drawdown | 416.12 (3.30%) | Relative drawdown | 3.56% (405.10) |
| Total trades | 1232 | Short positions (won %) | 614 (60.59%) | Long positions (won %) | 618 (59.06%) |
| Profit trades (% of total) | 737 (59.82%) | Loss trades (% of total) | 495 (40.18%) | ||
| Largest | profit trade | 198.36 | loss trade | -33.67 | |
| Average | profit trade | 16.01 | loss trade | -13.40 | |
| Maximum | consecutive wins (profit in money) | 20 (199.39) | consecutive losses (loss in money) | 12 (-56.77) | |
| Maximal | consecutive profit (count of wins) | 411.19 (4) | consecutive loss (count of losses) | -205.73 (9) | |
| Average | consecutive wins | 3 | consecutive losses | 2 | |
| Symbol | XAGUSD (Silver Spot) | ||||
| Period | 1 Hour (H1) 2010.01.07 04:00 - 2019.05.31 20:00 (2010.01.01 - 2019.06.01) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MAIN_PARAMETERS=" - - - - - - - - - - - - - - "; STOP_LOSS=true; SL_POINTS=120; AUTO_LOT=false; RISK=1; LOT=0.01; DEF_LVL=15; MAGIC_BUY=8010; MAGIC_SELL=8011; ADD_PARAMETERS=" - - - - - - - - - - - - - - "; SLIPPAGE=5; VOC=false; FLCS=true; LVL=12; FLCS_FACTOR=2; FLCS_FACTOR_UPMM=4; dTfactorM0=70; dT1Lfactor=0.4; SL_BREAKEVEN=false; TRAILING_SL=false; TSL_POINTS=500; DTSL=false; DTSL_POINTS=4500; BASE2ACC_RATIO=1; ORDERS_COMMENT="LCF_THETA_907"; SATURATION_LOG=false; INTERFACE=" - - - - - - - - - - - - - - "; INT_YDIST=13; | ||||
| Bars in test | 54601 | Ticks modelled | 62625915 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 5509.30 | Gross profit | 9445.83 | Gross loss | -3936.53 |
| Profit factor | 2.40 | Expected payoff | 17.11 | ||
| Absolute drawdown | 475.84 | Maximal drawdown | 1363.45 (12.52%) | Relative drawdown | 12.52% (1363.45) |
| Total trades | 322 | Short positions (won %) | 148 (52.70%) | Long positions (won %) | 174 (66.09%) |
| Profit trades (% of total) | 193 (59.94%) | Loss trades (% of total) | 129 (40.06%) | ||
| Largest | profit trade | 514.94 | loss trade | -80.85 | |
| Average | profit trade | 48.94 | loss trade | -30.52 | |
| Maximum | consecutive wins (profit in money) | 18 (621.58) | consecutive losses (loss in money) | 13 (-313.29) | |
| Maximal | consecutive profit (count of wins) | 1035.25 (6) | consecutive loss (count of losses) | -639.77 (10) | |
| Average | consecutive wins | 4 | consecutive losses | 3 | |
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