EA review - Xea
| Rating total: | |
| Backtests: | |
| Live performance: | |
| Risk control: | |
| Customizability: | |
| Price: |
| Vendor link | Price: | $1250 (2021.02.22) |
| Trading strategy: | Trend |
| Vendor live account: | Yes |
| Own live account: | No |
| Latest tested version: | 1.21 |
| Latest tested date: | 2019.08.24 |
| Risk factors: | Slow execution of pending orders |
This EA has been removed from the market. If you are still interested, you could try to contact the seller directly via his profile.
Xea is a multi-strategy EA for EURUSD on H1 time frame. It consists of a selection of 9 strategies, which show a low correlation to each other. Not much information is given about the differences between single strategies and all strategies use pending stop orders to enter a trade.
Our opinion
The backtest for EURUSD are great. However, tests on other major pairs do not look convincing and if a strategy only works on one currency pair, it can also be a warning sign. The live accounts are in profit, but only have a few months of history. Still, it is hard to find profitable trend/momentum systems at the moment and this one might be an interesting addition to an EA portfolio.Fixed lot size backtests
Why do we use fixed lot size (0.1 lots)? Check our educational page.
Dukascopy 2019.08.24, version 1.21| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 1 Hour (H1) 2010.01.01 02:00 - 2019.08.16 23:00 (2010.01.01 - 2019.08.31) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | mno=800; xeaComment="XEA"; MaxSpread=10; grap="=== Graphic Preferences ==="; ShowPanel=true; HideTradeLevels=false; mm="=== Money Managements ==="; MoneyManagementType=0; FixedLots=0.01; Risk=0.3; UseVirtualBallance=false; VirtualBallance=10000; BalanceStep=450; strs="=== Strategies ==="; s1_enabled=true; s2_enabled=true; s3_enabled=true; s4_enabled=true; s5_enabled=true; s6_enabled=true; s7_enabled=true; s8_enabled=true; s9_enabled=true; Closemode="=== Enable Only Close Mode ==="; OnlyCloseMode=false; | ||||
| Bars in test | 62063 | Ticks modelled | 227659403 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 1000.00 | Spread | Variable | ||
| Total net profit | 2765.45 | Gross profit | 9724.76 | Gross loss | -6959.32 |
| Profit factor | 1.40 | Expected payoff | 0.59 | ||
| Absolute drawdown | 32.18 | Maximal drawdown | 149.41 (4.32%) | Relative drawdown | 8.57% (90.71) |
| Total trades | 4663 | Short positions (won %) | 2301 (45.63%) | Long positions (won %) | 2362 (36.79%) |
| Profit trades (% of total) | 1919 (41.15%) | Loss trades (% of total) | 2744 (58.85%) | ||
| Largest | profit trade | 38.47 | loss trade | -22.85 | |
| Average | profit trade | 5.07 | loss trade | -2.54 | |
| Maximum | consecutive wins (profit in money) | 11 (31.23) | consecutive losses (loss in money) | 18 (-45.14) | |
| Maximal | consecutive profit (count of wins) | 122.69 (8) | consecutive loss (count of losses) | -60.95 (17) | |
| Average | consecutive wins | 2 | consecutive losses | 3 | |
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