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KNUX Martingale EA: ADX and WPR Signal Optimization

Article MQL5 code base

Summary

This Expert Advisor combines ADX, CCI, RVI, and Williams %R indicators with a martingale sizing approach. Its suggested tuning sequence first optimizes the main signal and ADX settings with the WPR strategy disabled, then tunes WPR separately, and finally enables both strategies. The example configuration and report concern EURJPY on a one-minute chart over a historical period, with both signal modes enabled.

The posted backtest shows a positive net result and profit factor, alongside a maximum drawdown reported at 43.54% and relative drawdown of 69.23%. It also reports a high proportion of winning trades, while average losing trades were much larger than average winners, consistent with the risk of martingale escalation. These figures are from one historical test and do not show out-of-sample robustness; the author specifically calls for high-quality tick modeling. The reported drawdowns and losses make the approach’s risk central to interpreting its results.

Key ideas

  • The EA combines ADX and WPR strategies with CCI and RVI indicators.
  • The suggested workflow tunes ADX and WPR settings in separate stages before enabling both.
  • The example tests EURJPY on a one-minute chart over a stated historical period.
  • The report shows positive historical profit alongside substantial drawdown and much larger average losses than average gains.
  • Martingale sizing can amplify exposure after losses, and a single historical backtest does not establish robustness.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.