By continuing to use our website you agree that cookies are used to improve the user experience (e.g. to saving settings). More info. That's Fine
Please support us by disabling the ad blocker for our website. Thank you! I will

EA review - AutoGenEA

Rating total:
Backtests:
Live performance:
Risk control:
Customizability:
Price:
Vendor link | Price: $350  (2020.02.07)
Trading strategy: S/R levels, Momentum
Vendor live account: Yes
Own live account: No
Latest tested version:   v2.6
Latest tested date: 2019.12.22
Risk factors: False breakouts, zig zag movements

AutoGenEA is the newest development from "Wim Schrynemakers", a well known EA developer on the MQL5 network.

The author claims that this expert advisor is developed purely by Generic Machine Learning.

"This is a process where a computer-algorithm, trained for developing trading-strategies, will generate hundreds of different strategies based on good trading logic.  From this group of generated strategies, the algorithm will do generic mutations and improvements.  Each strategy has been created using a 8 year period of historical data (IN-SAMPLE) and tested again multiple years of OUT-OF-SAMPLE data.  Every strategy is unique, using it's own distinct entry and exit rules, which is great for diversification. Currently, the EA already has 36 fully functional, yet different strategies and runs on these pairs: EURUSD, GBPUSD, USDJPY, USDCHF, GBPJPY, EURGBP, USDCAD, AUDUSD AND EURJPY."


The author does not provide details about the different strategies that the EA is using.
Based on our analysis it seems that it's trading strong movements (momentum) and S/R levels.

It does not use any kind of martingale or grid strategy, however, it is possible to have multiple open positions for the same symbol.

It currently supports 9 pairs on the H1 time frame. The developer is pushing weekly updates currently, so it's possible that there might be more pairs available soon.

The backtests show a stable equity curve, but with longer stagnation periods.
The portfolio with all 9 pairs has a relative small profit factor of 1.31 in our tests. It is possible that real trading environments with slippage and swap costs could lower this further.

Based on our 10 year backtests, the average monthly profit would be $732.37 (using 0.10 lot per trade), while the highest drawdown was $2943.45. This is a factor of >4.0. 
The longest stagnation period was 179 days.

The author provides a live signal that is currently in profit, however, it only has a very short history (around 5 weeks).

We will review the live performance once there is a longer live trading history.

Our opinion

We like the approach of developing a strategy with some years of historical in-sample data that are tested again against multiple years of our-of-sample data to verify the profitability in different market situations. However, this EA is too young to be sure that it can be profitable in the long term in a real trading environment.

Live performance


Fixed lot size backtests

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

Dukascopy 2019.12.22, version v2.6

Full backtest report

Strategy Tester: AutoGenEA
SymbolEURUSD (Euro vs US Dollar)
Period1 Hour (H1) 2010.01.01 02:00 - 2019.12.12 21:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62251Ticks modelled192394365Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit14915.98Gross profit37060.91Gross loss-22144.93
Profit factor1.67Expected payoff10.89
Absolute drawdown346.22Maximal drawdown601.34 (3.52%)Relative drawdown5.11% (520.08)
Total trades1370Short positions (won %)578 (50.35%)Long positions (won %)792 (42.93%)
Profit trades (% of total)631 (46.06%)Loss trades (% of total)739 (53.94%)
Largestprofit trade196.16loss trade-72.09
Averageprofit trade58.73loss trade-29.97
Maximumconsecutive wins (profit in money)9 (814.04)consecutive losses (loss in money)11 (-355.73)
Maximalconsecutive profit (count of wins)814.04 (9)consecutive loss (count of losses)-355.73 (11)
Averageconsecutive wins2consecutive losses2
Graph

Full backtest report

Strategy Tester: AutoGenEA
SymbolAUDUSD (Australian Dollar vs US Dollar)
Period1 Hour (H1) 2010.01.01 02:00 - 2019.12.13 10:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62184Ticks modelled151311129Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit4390.37Gross profit51957.28Gross loss-47566.91
Profit factor1.09Expected payoff3.03
Absolute drawdown943.79Maximal drawdown3762.13 (29.22%)Relative drawdown29.22% (3762.13)
Total trades1447Short positions (won %)791 (60.94%)Long positions (won %)656 (57.47%)
Profit trades (% of total)859 (59.36%)Loss trades (% of total)588 (40.64%)
Largestprofit trade163.62loss trade-204.98
Averageprofit trade60.49loss trade-80.90
Maximumconsecutive wins (profit in money)17 (667.47)consecutive losses (loss in money)12 (-1362.80)
Maximalconsecutive profit (count of wins)1487.63 (16)consecutive loss (count of losses)-1362.80 (12)
Averageconsecutive wins3consecutive losses2
Graph

Full backtest report

Strategy Tester: AutoGenEA
SymbolEURGBP (Euro vs Great Britain Pound )
Period1 Hour (H1) 2010.01.01 02:00 - 2019.12.13 09:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62242Ticks modelled170465366Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit7834.72Gross profit33538.64Gross loss-25703.92
Profit factor1.30Expected payoff8.35
Absolute drawdown323.31Maximal drawdown2146.97 (14.71%)Relative drawdown14.71% (2146.97)
Total trades938Short positions (won %)372 (57.53%)Long positions (won %)566 (50.88%)
Profit trades (% of total)502 (53.52%)Loss trades (% of total)436 (46.48%)
Largestprofit trade176.90loss trade-287.13
Averageprofit trade66.81loss trade-58.95
Maximumconsecutive wins (profit in money)13 (967.00)consecutive losses (loss in money)7 (-1183.71)
Maximalconsecutive profit (count of wins)994.69 (10)consecutive loss (count of losses)-1183.71 (7)
Averageconsecutive wins2consecutive losses2
Graph

Full backtest report

Strategy Tester: AutoGenEA
SymbolEURJPY (Euro vs Japanese Yen)
Period1 Hour (H1) 2010.01.04 00:00 - 2019.12.13 11:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62195Ticks modelled265342654Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit10078.46Gross profit50586.26Gross loss-40507.80
Profit factor1.25Expected payoff7.38
Absolute drawdown1076.56Maximal drawdown2223.94 (19.95%)Relative drawdown19.95% (2223.94)
Total trades1366Short positions (won %)818 (55.38%)Long positions (won %)548 (49.82%)
Profit trades (% of total)726 (53.15%)Loss trades (% of total)640 (46.85%)
Largestprofit trade277.07loss trade-155.58
Averageprofit trade69.68loss trade-63.29
Maximumconsecutive wins (profit in money)10 (722.09)consecutive losses (loss in money)13 (-754.05)
Maximalconsecutive profit (count of wins)842.61 (9)consecutive loss (count of losses)-811.73 (9)
Averageconsecutive wins2consecutive losses2
Graph

Full backtest report

Strategy Tester: AutoGenEA
SymbolGBPJPY (British Pound vs Japanese Yen)
Period1 Hour (H1) 2010.01.01 02:00 - 2019.12.13 00:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62243Ticks modelled261156234Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit18614.86Gross profit82277.28Gross loss-63662.42
Profit factor1.29Expected payoff11.73
Absolute drawdown738.36Maximal drawdown2455.45 (20.96%)Relative drawdown20.96% (2455.45)
Total trades1587Short positions (won %)841 (32.34%)Long positions (won %)746 (33.65%)
Profit trades (% of total)523 (32.96%)Loss trades (% of total)1064 (67.04%)
Largestprofit trade325.07loss trade-199.68
Averageprofit trade157.32loss trade-59.83
Maximumconsecutive wins (profit in money)7 (1341.85)consecutive losses (loss in money)22 (-1495.42)
Maximalconsecutive profit (count of wins)1341.85 (7)consecutive loss (count of losses)-1495.42 (22)
Averageconsecutive wins2consecutive losses4
Graph

Full backtest report

Strategy Tester: AutoGenEA
SymbolGBPUSD (Great Britan Pound vs US Dollar)
Period1 Hour (H1) 2010.01.01 02:00 - 2019.12.12 22:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62242Ticks modelled190750427Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit7881.57Gross profit46471.30Gross loss-38589.73
Profit factor1.20Expected payoff4.90
Absolute drawdown282.04Maximal drawdown1804.85 (9.96%)Relative drawdown11.96% (1320.19)
Total trades1607Short positions (won %)1154 (37.52%)Long positions (won %)453 (56.95%)
Profit trades (% of total)691 (43.00%)Loss trades (% of total)916 (57.00%)
Largestprofit trade264.86loss trade-204.92
Averageprofit trade67.25loss trade-42.13
Maximumconsecutive wins (profit in money)13 (443.76)consecutive losses (loss in money)12 (-826.23)
Maximalconsecutive profit (count of wins)691.52 (10)consecutive loss (count of losses)-826.23 (12)
Averageconsecutive wins2consecutive losses2
Graph

Full backtest report

Strategy Tester: AutoGenEA
SymbolUSDCAD (US Dollar vs Canadian Dollar)
Period1 Hour (H1) 2010.01.01 02:00 - 2019.12.13 10:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62240Ticks modelled147032506Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit7741.09Gross profit30675.37Gross loss-22934.28
Profit factor1.34Expected payoff7.45
Absolute drawdown411.82Maximal drawdown1176.15 (8.64%)Relative drawdown8.64% (1176.15)
Total trades1039Short positions (won %)426 (34.74%)Long positions (won %)613 (44.70%)
Profit trades (% of total)422 (40.62%)Loss trades (% of total)617 (59.38%)
Largestprofit trade130.26loss trade-159.44
Averageprofit trade72.69loss trade-37.17
Maximumconsecutive wins (profit in money)6 (371.32)consecutive losses (loss in money)11 (-312.18)
Maximalconsecutive profit (count of wins)440.88 (4)consecutive loss (count of losses)-453.30 (9)
Averageconsecutive wins2consecutive losses3
Graph

Full backtest report

Strategy Tester: AutoGenEA
SymbolUSDCHF (US Dollar vs Swiss Franc)
Period1 Hour (H1) 2010.01.01 02:00 - 2019.12.12 23:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62247Ticks modelled132131524Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit6758.59Gross profit18973.96Gross loss-12215.37
Profit factor1.55Expected payoff10.54
Absolute drawdown73.49Maximal drawdown714.09 (5.64%)Relative drawdown5.64% (714.09)
Total trades641Short positions (won %)204 (38.73%)Long positions (won %)437 (51.49%)
Profit trades (% of total)304 (47.43%)Loss trades (% of total)337 (52.57%)
Largestprofit trade219.53loss trade-261.73
Averageprofit trade62.41loss trade-36.25
Maximumconsecutive wins (profit in money)12 (1133.77)consecutive losses (loss in money)11 (-182.35)
Maximalconsecutive profit (count of wins)1133.77 (12)consecutive loss (count of losses)-596.72 (6)
Averageconsecutive wins2consecutive losses3
Graph

Full backtest report

Strategy Tester: AutoGenEA
SymbolUSDJPY (US Dollar vs Japanese Yen)
Period1 Hour (H1) 2010.01.04 00:00 - 2019.12.12 23:00 (2010.01.01 - 2019.12.19)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersClosingOnly=false; RunOneChartSetup=false; OneChartPairs="EURUSD;GBPUSD;USDJPY;USDCHF;EURGBP;GBPJPY;AUDUSD;USDCAD;EURJPY;"; suffix=""; CustomComment="AutoGenEA"; MagicNumber_=5123400; InfoPanelSizeAdjust=1; UpdateInfoTesting=false; WaitForNewBar=true; smm="----------- Lotsize Management -----------"; mmLots=0.1; LotsizeStep=0; OnlyUp=false;
Bars in test62196Ticks modelled154941423Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit9669.00Gross profit23884.68Gross loss-14215.68
Profit factor1.68Expected payoff12.22
Absolute drawdown134.25Maximal drawdown628.66 (4.67%)Relative drawdown4.67% (628.66)
Total trades791Short positions (won %)401 (59.85%)Long positions (won %)390 (60.51%)
Profit trades (% of total)476 (60.18%)Loss trades (% of total)315 (39.82%)
Largestprofit trade138.92loss trade-245.40
Averageprofit trade50.18loss trade-45.13
Maximumconsecutive wins (profit in money)9 (494.09)consecutive losses (loss in money)10 (-352.22)
Maximalconsecutive profit (count of wins)650.75 (8)consecutive loss (count of losses)-480.18 (5)
Averageconsecutive wins3consecutive losses2
Graph

Portfolio backtest

Link to PDF file

Portfolio backtest

All EA reviews (15)


Latest EA reviews


AutoGenEA

An EA that is developed by Generic Machine Learning. Check it out


Momentum EA BOA

A momentum / trend following strategy with good and stable backtests.


Scalperinho EA

A very promissing EA that trades intraday pullbacks on a impressive number of 28 pairs.


StarX

A cheap night scalper with promising backtests. Check it out.


Inertia EA Extra

A S/R scalper for the EURUSD pair with an impressive backtest.


SFE Night Scalper

An asian scalper with a 4 years old live account. Check out our review


Aura MT4

A trend follwing system with inconsistent backtests.


SFE Stealth

Promising new Asian scalper with good live results. Check out our review.


FXStabilizer PRO

A martingale system which survived astonishing long in live trading


Mito EA

A trend / counter trend system that trades 31 different pairs. Check it out


FXAdept

A successful trend following EA with nearly two years of live history. Check out our review.


Bazava

A quite cheap intraday scalper for the NZDUSD. Is it worth the money? Check it out.


Tesseract

A counter-trend system with inconsistent backtests


Legend

A combination of a momentum based strategy and an SR level breakout system


CEF Phantom Scalper

An aggressive intraday counter-trend scalper on M1 time frame


Comments

No comments yet.

Add a comment:

Please insert a name.
Please insert a correct email address.
Please write some text.

Want to start trading on a live or demo account?