EA review - Asmani Pro

With version 21.3 of Asmani Pro, there is only one trading pair available: EURUSD

With 0.01 lot this EA reach a max. DD of $500-$800 (depends on the data you use for the trading), with a monthly return of $30. (All data based on backtests)

Trading Strategy:

Whenever market reaches to either Overbought or Oversold position based on M15 timeframe, Asmani Pro gets ready for the trade. The actual trade is taken when there is clear reversal of the trend from Overbought / Oversold position, based on 3 Indicators (RSI, MA and Bollinger Bands)
After opening first trade, if the market goes in wrong direction then Asmani again waits for second trade and it is again taken where there is one more reversal of trend.
In this way Asmani goes on opening the trades till number of trades reach to Order per Basket (OPB) given by user. (Default value is 5 orders)
The whole basket is closed when specific profit is reached as given by user as ProfitPerBasket. There is also a inbuilt “ReduceProfitPerTrade” feature, which will reduce the profit per basket if no of trades are more, so as to close the basket as soon as possible.
If “LockBasketCheck” is set true then after 5^th trade in basket, Asmani start reversing the trades to reduce the DD. At Trade No. Specified  as BasketLockPosition, Asmani locks the basket by opening equal buy and sell trades. This situation is very rare and used as FUSE for not blowing down the account.

Our opinion

Fixed lot size backtests

Why do we use fixed lot size (0.1 lots)? Check our educational page.

• EURUSD

Full backtest report

Symbol		EURUSD (Euro vs US Dollar)
Period		15 Minutes (M15) 2010.01.01 00:00 - 2019.05.31 20:45 (2010.01.01 - 2019.06.01)
Model		Every tick (the most precise method based on all available least timeframes)
Parameters		Input00="PLEASE READ FOLLOWING BLOG"; Input01="https://www.mql5.com/en/blogs/post/725759"; MagicNumberSuffix="0"; AsmaniCom="Asmani_Pro21.3"; Input02="AUTO LOT SETTINGS --------------------------------"; AutoLots=false; Input03="AUTO LOTS CAPITAL (xxx amount per 0.01 lot)"; AutoLotsCap=400; Input04="FIX LOT MULTIPLIER (For 0.01 Lotsize, Set Multiplier = 1)"; LotMultiplier=10; Input05="MARTINGALE SETTINGS --------------------------------"; MartinAdd=false; Input06="MONEY IN TRADING CURRENCY FOR 10 PIPS MOVEMENT"; MoneyFor10Pips=1; Input07="PPB-PROFIT PER BASKET (IN YOUR CURRENCY) per 0.01 LOTS"; ProfitPerBasket=1; ReduceProfitSize=0.2; AddSpreadInProfit=true; AddSwapPercentageInProfit=100; AddCommInProfit=true; Input08="ORDER INPUTS --------------------------------"; OrdersPerBasket=5; MaxSpreadInPipsWhileOpen=3; MaxSpreadInPipsWhileClose=10; MinimumPipsGap=0; BuyOrdersCheck=true; SellOrdersCheck=true; CorelatedPairsMode=2; Input09="SAFETY INPUTS -----------------------------------------"; LockBasketCheck=false; BasketLockPosition=10; HedgeGapPips=15; ResumeAfterBasketLock=true; BasketLastOrderSLCheck=false; BasketLastOrderSLPips=200; ExitDDCheck=false; ExitDDperEquity=25; ResumeAfterDDLock=true; FIFOSLCheck=false; DontOpenBasketOnFriday=false; FridayNoBasketAfterHours=16; Input10="DISPLAY INPUTS --------------------------------"; LogCreateCheck=true; ProfitLineDisplay=true; StatusLinesDisplay=true; StatusLinesGap=11; StatusLinesXPos=900; StatusLinesFontSize=8; Input11="INDICATOR INPUTS --------------------------------------"; RSIValue=10; TopRSI=70; BotRSI=30; RSITol1=1; RSITol2=3; MACheck=100; TrendSlope=5; SlopeReduce=1; BB_Check=true;
Bars in test	234942	Ticks modelled	221967723	Modelling quality	99.90%
Mismatched charts errors	0
Initial deposit	10000.00			Spread	Variable
Total net profit	34125.50	Gross profit	55991.80	Gross loss	-21866.30
Profit factor	2.56	Expected payoff	7.24
Absolute drawdown	188.80	Maximal drawdown	5008.20 (19.55%)	Relative drawdown	19.55% (5008.20)
Total trades	4714	Short positions (won %)	2361 (79.42%)	Long positions (won %)	2353 (78.67%)
		Profit trades (% of total)	3726 (79.04%)	Loss trades (% of total)	988 (20.96%)
Largest		profit trade	235.90	loss trade	-296.80
Average		profit trade	15.03	loss trade	-22.13
Maximum		consecutive wins (profit in money)	40 (461.80)	consecutive losses (loss in money)	4 (-89.80)
Maximal		consecutive profit (count of wins)	463.10 (16)	consecutive loss (count of losses)	-303.70 (2)
Average		consecutive wins	5	consecutive losses	1

Portfolio backtest

Link to PDF file