EA review - WHL breakout

This EA has been removed from the market. If you are still interested, you could try to contact the seller directly via his profile.

WHL breakout trades the break of support and restistance levels. In contrast to typical S/R breakout EAs that have a profit target of a few pips, WHL breakout has a very large target of 68 pips against 50 pips stop loss. This makes the EA less susceptible to the risk of slow execution compared to breakout scalpers. 

There is a live signal available. But due to low trade frequency, it is hard to judge (and not possible to add as a widget). 

Since the EURUSD backtest looks extremely good, we also tested how the EA performs when the tick data is shifted by 28 years. We explain at the end of our blog post why such a shift is a useful way to analyze an EA further. Since it is the exact same tick data, just artificially shifted by 28, it should in theory give the same results. You can see that this is not the case, so there seems to be some component of the trade logic that depends on the exact dates. As the EA is not using a news filter, the reason is not clear. In the shifted data the EA is still profitable, but with a worse profit factor and higher drawdown.

We also tested two non-recommended pairs, GBPUSD and USDJPY. The performance is not convincing with low profit factor and high drawdown. However, since the EA is not optimized for those pairs, the fact that they are profitable at all is a good sign. 

Our opinion

Fixed lot size backtests

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

• EURUSD
• EURUSD (shifted 28 years)
• GBPUSD (not recommended by author)
• USDJPY (not recommended by author)

Full backtest report

Symbol		EURUSD (Euro vs US Dollar)
Period		1 Hour (H1) 2010.01.01 02:00 - 2019.09.06 23:00 (2010.01.01 - 2019.09.10)
Model		Every tick (the most precise method based on all available least timeframes)
Parameters		StopLoss=500; TakeProfit=680; Lot=0.1; Risk=0; Slippage=3; Confirmation=29; Offset=-10; Magic_Num=3477; comment=""; FourDigitBroker=false; BreakEven=false; BreakEven_points=160; HiddenStop=false;
Bars in test	62392	Ticks modelled	228704129	Modelling quality	99.90%
Mismatched charts errors	0
Initial deposit	1000.00			Spread	Variable
Total net profit	15354.80	Gross profit	24965.00	Gross loss	-9610.20
Profit factor	2.60	Expected payoff	27.57
Absolute drawdown	82.00	Maximal drawdown	268.10 (4.10%)	Relative drawdown	12.40% (177.20)
Total trades	557	Short positions (won %)	347 (65.13%)	Long positions (won %)	210 (68.57%)
		Profit trades (% of total)	370 (66.43%)	Loss trades (% of total)	187 (33.57%)
Largest		profit trade	89.20	loss trade	-142.40
Average		profit trade	67.47	loss trade	-51.39
Maximum		consecutive wins (profit in money)	13 (873.40)	consecutive losses (loss in money)	4 (-205.00)
Maximal		consecutive profit (count of wins)	873.40 (13)	consecutive loss (count of losses)	-205.00 (4)
Average		consecutive wins	3	consecutive losses	1

Full backtest report

Symbol		EURUSD (Euro vs US Dollar)
Period		1 Hour (H1) 1982.01.01 00:00 - 1991.09.06 23:00 (1982.01.01 - 1991.09.10)
Model		Every tick (the most precise method based on all available least timeframes)
Parameters		StopLoss=500; TakeProfit=680; Lot=0.1; Risk=0; Slippage=3; Confirmation=29; Offset=-10; Magic_Num=3477; comment=""; FourDigitBroker=false; BreakEven=false; BreakEven_points=160; HiddenStop=false;
Bars in test	62394	Ticks modelled	186482101	Modelling quality	99.90%
Mismatched charts errors	0
Initial deposit	10000.00			Spread	Variable
Total net profit	4888.10	Gross profit	19763.00	Gross loss	-14874.90
Profit factor	1.33	Expected payoff	8.40
Absolute drawdown	113.20	Maximal drawdown	1243.90 (10.56%)	Relative drawdown	10.56% (1243.90)
Total trades	582	Short positions (won %)	409 (52.57%)	Long positions (won %)	173 (45.09%)
		Profit trades (% of total)	293 (50.34%)	Loss trades (% of total)	289 (49.66%)
Largest		profit trade	89.10	loss trade	-142.40
Average		profit trade	67.45	loss trade	-51.47
Maximum		consecutive wins (profit in money)	8 (541.00)	consecutive losses (loss in money)	8 (-402.80)
Maximal		consecutive profit (count of wins)	541.00 (8)	consecutive loss (count of losses)	-402.80 (8)
Average		consecutive wins	2	consecutive losses	2

Full backtest report

Symbol		GBPUSD (Great Britain Pound vs US Dollar)
Period		1 Hour (H1) 2010.01.01 02:00 - 2019.09.06 23:00 (2010.01.01 - 2019.09.10)
Model		Every tick (the most precise method based on all available least timeframes)
Parameters		StopLoss=500; TakeProfit=680; Lot=0.1; Risk=0; Slippage=3; Confirmation=29; Offset=-10; Magic_Num=3477; comment=""; FourDigitBroker=false; BreakEven=false; BreakEven_points=160; HiddenStop=false;
Bars in test	62390	Ticks modelled	225390732	Modelling quality	99.90%
Mismatched charts errors	0
Initial deposit	1000.00			Spread	Variable
Total net profit	2776.20	Gross profit	21368.40	Gross loss	-18592.20
Profit factor	1.15	Expected payoff	4.10
Absolute drawdown	758.10	Maximal drawdown	1542.30 (86.44%)	Relative drawdown	86.44% (1542.30)
Total trades	677	Short positions (won %)	446 (47.31%)	Long positions (won %)	231 (45.89%)
		Profit trades (% of total)	317 (46.82%)	Loss trades (% of total)	360 (53.18%)
Largest		profit trade	125.90	loss trade	-69.50
Average		profit trade	67.41	loss trade	-51.65
Maximum		consecutive wins (profit in money)	6 (410.30)	consecutive losses (loss in money)	9 (-458.70)
Maximal		consecutive profit (count of wins)	410.30 (6)	consecutive loss (count of losses)	-458.70 (9)
Average		consecutive wins	2	consecutive losses	2

Full backtest report

Symbol		USDJPY (US Dollar vs Japanese Yen)
Period		1 Hour (H1) 2010.01.04 00:00 - 2019.09.06 23:00 (2010.01.01 - 2019.09.10)
Model		Every tick (the most precise method based on all available least timeframes)
Parameters		StopLoss=500; TakeProfit=680; Lot=0.1; Risk=0; Slippage=3; Confirmation=29; Offset=-10; Magic_Num=3477; comment=""; FourDigitBroker=false; BreakEven=false; BreakEven_points=160; HiddenStop=false;
Bars in test	62344	Ticks modelled	183569143	Modelling quality	99.90%
Mismatched charts errors	0
Initial deposit	1000.00			Spread	Variable
Total net profit	1597.28	Gross profit	14641.14	Gross loss	-13043.86
Profit factor	1.12	Expected payoff	3.36
Absolute drawdown	793.56	Maximal drawdown	1204.85 (85.37%)	Relative drawdown	85.37% (1204.85)
Total trades	475	Short positions (won %)	326 (47.85%)	Long positions (won %)	149 (47.65%)
		Profit trades (% of total)	227 (47.79%)	Loss trades (% of total)	248 (52.21%)
Largest		profit trade	94.20	loss trade	-108.45
Average		profit trade	64.50	loss trade	-52.60
Maximum		consecutive wins (profit in money)	7 (487.03)	consecutive losses (loss in money)	9 (-437.74)
Maximal		consecutive profit (count of wins)	487.03 (7)	consecutive loss (count of losses)	-437.74 (9)
Average		consecutive wins	2	consecutive losses	2