Khalil Abokwaik ATR reversal EA | Page 5 | Forex Factory

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Khalil Abokwaik ATR reversal EA

  • #81
  • Jul 17, 2026 3:32pm Jul 17, 2026 3:32pm
These settings on the 5M TF gave the smoothest graph for July 1st to the 16th

The longer term graph is from June 1st to July 17th
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  • #82
  • Edited 3:46pm Jul 18, 2026 3:07pm | Edited 3:46pm
At the end of the week I tried the ATR Reversal EA again with new settings on M5. It keeps getting better.
I also ran the optimization for the trailing ATR% up to 200%, but this resulted in an increase in DD (for me the maximum tolerable DD is 15%), to 22-25%. That's why I discarded this option. The same goes for increasing the TF.
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  • #83
  • Jul 19, 2026 10:16am Jul 19, 2026 10:16am
I also optimized the trading period. The goal was not to have the highest profit, but to have the highest PF.
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  • #84
  • Jul 19, 2026 11:32am Jul 19, 2026 11:32am
Quoting pusztafie
I also optimized the trading period. The goal was not to have the highest profit, but to have the highest PF. {image}
I see you also disabled money management. Good. Now all your trades should have the same size, right? Divide your total profit by the number of trades. Convert the result to a price distance for your used lotsize. Now you have the average achieved take-profit distance of all your trades. Compare this number to your spread and you can roughly estimate the impact of slippage which you will experience live.

Example: If your average TP distance is $0.40 and your spread is $0.10, then spread alone eats about 25% of potential profits. Slippage will easily be the same size as the spread, so slippage may eat another 25%. The ratio average-TP-distance / average-spread gives you an idea how much head room you have for real profits.
It takes blood, sweat and enough tears to wash away the blood.
  • #85
  • Jul 19, 2026 1:13pm Jul 19, 2026 1:13pm
Quoting emmzett
{quote} I see you also disabled money management. Good. Now all your trades should have the same size, right? Divide your total profit by the number of trades. Convert the result to a price distance for your used lotsize. Now you have the average achieved take-profit distance of all your trades. Compare this number to your spread and you can roughly estimate the impact of slippage which you will experience live. Example: If your average TP distance is $0.40 and your spread is $0.10, then spread alone eats about 25% of potential profits. Slippage...
Profit per trade is $6.14 spread 21-23 point
Lot size 0.1; $6.14 = 61.4 points. Would this be the average TP distance?
  • #86
  • Jul 19, 2026 2:16pm Jul 19, 2026 2:16pm
Quoting pusztafie
{quote} Profit per trade is $6.14 spread 21-23 point Lot size 0.1; $6.14 = 61.4 points. Would this be the average TP distance?
Yes. That would be a ratio of about 1:3 or 2.8 which is an issue. It means slippage can easily take ~30-50% of your profits, which is too much for my taste. Personally I aim at least at 1:4 before risking real money. However, I haven't yet charted the actual entries for M5, so I don't want to discourage you. Imho the EA's signal generation has indeed a slight edge and I will continue to observe it for some time. I like the idea of tracking ATR breakouts. What I don't like is the reversal detection. For myself I'm looking to combine those ATR signals with the greater trend. Not always trading against the trend as the EA currently does. Instead go with the trend on ATR breakouts in trend direction, and trade back to the mean on ATR breakouts against the main trend. But in fact that's another system.
It takes blood, sweat and enough tears to wash away the blood.
  • #87
  • Jul 19, 2026 2:22pm Jul 19, 2026 2:22pm
Quoting emmzett
{quote} Yes. That would be a ratio of about 1:3 or 2.8 which is an issue. It means slippage can easily take ~30-50% of your profits, which is too much for my taste. Personally I aim at least at 1:4 before risking real money. However, I haven't yet charted the actual entries for M5, so I don't want to discourage you. Imho the EA's signal generation has indeed a slight edge and I will continue to observe it for some time. I like the idea of tracking ATR breakouts. What I don't like is the reversal detection. For myself I'm looking to combine those...
Thank you for your satisfactory answer! Good luck!
  • #88
  • Jul 20, 2026 10:31pm Jul 20, 2026 10:31pm
Quoting emmzett
{quote} Yes. That would be a ratio of about 1:3 or 2.8 which is an issue. It means slippage can easily take ~30-50% of your profits, which is too much for my taste. Personally I aim at least at 1:4 before risking real money. However, I haven't yet charted the actual entries for M5, so I don't want to discourage you. Imho the EA's signal generation has indeed a slight edge and I will continue to observe it for some time. I like the idea of tracking ATR breakouts. What I don't like is the reversal detection. For myself I'm looking to combine those...
Attached File(s)
File Type: ex4 ! Avgs distance from price.ex4   484 KB | 29 downloads

In regards to the last part of your post...would this be of any use to you...compliments of mrtools
  • #89
  • Jul 20, 2026 11:37pm Jul 20, 2026 11:37pm
Quoting cfudge
I hope everyone that downloaded the EA is doing some experimenting on different TFs and pairs. I have tried to make this thing lose money without success... So I have gone ahead and put it on demo on the Gold 1M chart and we will see where we get................... I will update daily. Chris PS: Not sure it will trade on a chart as it does say "Tester Version"
Could you please upload the file again? I enjoy testing, but the current file appears to be corrupted. I would appreciate it if you could re-upload it.
  • #90
  • Jul 20, 2026 11:59pm Jul 20, 2026 11:59pm
Quoting cfudge
{quote} {file} In regards to the last part of your post...would this be of any use to you...compliments of mrtools
Thank you. I use something similar but more easy to calculate. Just an MA channel is enough to produce very similar results. In my case it's an LWMA(55) channel, as seen in chart and the upper subwindow. I use it to define trend, and color bars accordingly. Below the LWMA band is the indicator of MrTools. Signals are almost identical.
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As for the ATR breakout detection: I didn't yet found an indicator displaying breakouts the way I'd like to see it on chart:
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It takes blood, sweat and enough tears to wash away the blood.
  • #91
  • Edited 1:32pm Jul 23, 10:29am (29 hr ago) | Edited 1:32pm
The pretest of ATR reversal EA did not live up to expectations.
Applies to 2026.07.17-07.23.
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  • #92
  • Jul 23, 7:00pm (21 hr ago) Jul 23, 7:00pm (21 hr ago)
This is from June 1st to today on M5. Same settings as in post 81 except TP Options are 1200 1200 600

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  • #93
  • Jul 23, 7:04pm (21 hr ago) Jul 23, 7:04pm (21 hr ago)
Quoting pusztafie
The pretest of ATR reversal EA did not live up to expectations. Applies to 2026.07.17-07.23. {image}
This is same times as yours with same settings as my last post ...above this one
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  • #94
  • Jul 23, 7:19pm (21 hr ago) Jul 23, 7:19pm (21 hr ago)
Quoting cfudge
Hi everyone, I will get right to the point... I found this old EA in my MT4 from 2019 by Abokwaik (FF member) and ran it on the tester from June 4th 2026 to July 3rd 2026 on the Gold 1 minute chart. I adjusted a few settings and got the following result... I will post the EA, settings used on the test, graph for the test and the test report. What I would like is for someone to verify that the results are accurate and also can anyone give a little insight as to how the trades are established. Abokwaik only posted the EX4 file. Chris{file} {image}...
hi,

can you share source file, i will convert to mt5, with multi pair,

- jesing
Always Feel Good...
  • #95
  • Jul 23, 7:25pm (20 hr ago) Jul 23, 7:25pm (20 hr ago)
Quoting jesing
{quote} hi, can you share source file, i will convert to mt5, with multi pair, - jesing
There is no MQ4 only EX4
  • #96
  • Last Post: Jul 24, 2:39am (13 hr ago) Jul 24, 2:39am (13 hr ago)
Quoting cfudge
{quote} This is same times as yours with same settings as my last post ...above this one {image}
I don't mind, I'll give EA another chance with your settings.
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