TRADER’S SUN（EA）Basic Information

TRADER’S SUN is a trend-following EA with breakout strategy.

There are many high-risk and high-return martingales and grid EAs.
On the other hand, TRADER’S SUN is an EA that operates while executing a small loss cut. The risk per trade is low.

Forward tests have also been conducted for a long time. This is a hopeful EA.

Profitability / Drawdown

Broker：ICMarkets（Real account）
Start Date：2016/4/11～

* Supported currency pairs are EURUSD, USDJPY, but in the forward test it is operating with 12 currency pairs

It is commendable that the profit curve has been rising for a long time since the start of the forward test in April 2016.
Maximum drawdown is less than 30%, average monthly interest rate of about 2.5% is good

Profit growth has slowed since around August 2018, and appears to be stagnant, but there has been no significant drawdown during this period, and the balance is gradually increasing.

Trading Method Analysis-Entry

TRADER’S SUN is a trend follow EA that entry by a breakout.

In the MT4 transaction history chart below, you can see that the entry is in the direction of the trend.

↓↓ Overall view
■EURUSD　1H　White＝BUY　Red＝SELL

If you look closely at the entry points, you can see that it entry at the breakout of recent high and low prices. (Precisely before the breakout, not after the breakout)

In the MT4 transaction history chart below, you can see how it entry near the high and low prices last time.

↓ Entry in upward trend
■EURUSD　30M　White＝BUY　Red＝SELL

↓ Entry in down trend
■EURUSD　30M　White＝BUY　Red＝SELL

Also, the following is a display of only limit orders (stop orders) that were not executed on the MT4 chart.
You can see that the limit order is placed near the latest high and low prices.
■USDJPY　30M　White＝BUY　Red＝SELL

TRADER’S SUN does not place limit orders at all highs and lows. Other filters are adjusting the points for placing limit prices.

I mentioned at the beginning that this is a trend follower EA.
However. Instead of the usual trend-following EA, breakout strategy results in trend-following.

Below is a chart showing the orders executed by the breakout (blue circles) and the orders that were not executed without the breakout (orange circles).

■EURUSD　30M　White＝BUY　Red＝SELL
 

You can see that it place limit orders regardless of the direction of the trend.

Therefore, TRADER’S SUN does not judge the direction of the trend with indicators, etc., but it follows the trend as a result of entering at the breakout.

As you may have noticed, since it make entry near the previous high and low prices, loss cuts will occur frequently in the range market.

The following MT4 trading history chart shows trading at the range market.

Buy entries are successfully escaping with breakeven (exit near zero profit or loss). On the other hand, Sell entries have a relatively large loss cut.

■EURUSD　30M　White＝BUY　Red＝SELL

Trading Method Analysis-Exit

TRADER’S SUN position closure is not a fixed pips distance. It is executed by the internal logic of EA.
So it depends on the situation.

For the most traded EURUSD pair, take profits are typically within 10pips.
On the other hand, the stop loss is often around 20 to 35 pips.

On average, winning trades are 10 pips and losing trades are -19 pips.

Trading Method Analysis-Frequency

In the forward test, the number of transactions in 48 months is 2,900, so the average per day (excluding weekends) is about 3 times.
The trading frequency of this EA is high.

However, since it is also traded in currency pairs other than the recommended EURUSD, USDJPY, the trading frequency may be a little lower if only EURUSD, USDJPY.

■By currency pair / number of trades and earned pips (2016-4-11 ~ 2020-5-5)

Forward Test Environment

TRADER’S SUN’s forward test environment is the result of a real account.

Even though the price movements look the same, there are differences in the execution such as slippage.So even if the same EA, the results may be different between demo and real.

Since TRADER’S SUN has published the results in real accounts, it can be considered that it has been proved that profits can be made in real accounts as well.
However, it is a must to operate with a broker with a narrow spread.

Back Test Result

■Result of EURUSD

Backtesting is for reference only.

TRADER’S SUN has an excellent backtest result with average monthly profit rate (compound interest) of 10%. However, the profit rate of the forward test is lower than that of the backtest.

Backtesting started with 0.05 lots with an initial balance of $ 200.
On the other hand, the forward test starts 0.01 lot lot for balance of $ 100.
In other words, the ratio of lot size is 2.5 times larger in the back test than forward test. So the profit rate is higher in the back test.

Summary of TRADER’S SUN（EA）

TRADER’S SUN is an EA that trades with a breakout strategy.

It is worth praising the fact that it has earned forward test in real accounts for more than 4 years, has no large drawdowns, and has accumulated profits.

It operates with a stop loss for each position.
It is also an attractive point that it is easy to operate because it does not causes large loss at once.

Recommended Broker for TRADER’S SUN

As explained, the take profit pips distance is relatively small. And it is an EA with a high trading frequency.
So you need to run on a broker with the narrowest spread and lowest commission.

The broker with the lowest transaction cost is COINEX.
You are worth trying this broker.