Forex Germany

Expert Advisors - Remora EA 2.0

The main strategy of Remora EA is a trend following approach.

The EA uses an initial take profit limit of 15 pips and a stop loss limit of 50 pips. The take profit limit is dynamically adjusted based on market conditions and in case of a trend reversal an open position can be closed before the stop loss limit is reached.

The money management offers the option to trade with a fixed lot size as well as a risk per trade calculated on the account equity. Some of the trading parameters can be manually adjusted.

Based on the backtests Remora EA reaches a risk-reward-ratio of 5:1 which is just an average value, the hit ratio of almost 90% on the other hand is impressive for a trend follower.

A Monte-Carlo-Simulation, based on backtests, with a lot size of 0.1, a starting balance of EUR 1,000 and 100,000 iterations shows the following results for expected profits, expected drawdowns and the derived value at risk. Here the value at risk is expressed as the drawdown which is expected with a probability of 95% and 99% respectively not to be exceeded.

Period Profit Drawdown Value at Risk
max min Ø max min Ø 95% 99%
2009 - 2018 5,201.13 1,131.31 3,170.50 44.90% 1.74% 8.23% 17.01% 22.84%

Trading strategy

Trend follower

Currency pairs




Trading hours

All sessions.
00:00 - 24:00 GMT


The EA is currently not available for sale.


Remora EA Homepage

The performance of Remora EA 2.0 is demonstrated, as follows, on an exclusive FXPIG live account as well as on a live account of the developer. The third chart shows the performance of the previous version of the EA on an account of the developer.


Remora EA 2.0 backtests for the period 2009 - 2018 are shown below.

Years 2009 - 2018, spread: Dukascopy live spreads, risk: 1.0

Remora EA 2.0 - Backtesting 2009 - 2018

Years 2009 - 2018, spread: Dukascopy live spreads, lots: 0.1

Remora EA 2.0 - Backtesting 2009 - 2018

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