HFT for Retail Fx

iProfit is an expert advisor (EA) powered by a self-contained, self-learning Neural Network (NN) algorithm. The strategy is not to outsmart the markets but to keep generating small gains while keeping losses low - This is the strategy followed by major HFT trading algos which make thousands of trades on smaller time frame using extremely high computing power, speed and low transaction costs. iProfit adapts HFT strategy to deliver a practical and profitable system for retail trading accounts running on MT4s.

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Neural Network Algo

While most strategies depend on lagging indicators, iProfit is powered by a Neural Network (NN) algorithm that predicts High/Low of future H1 bars. iProfit EA is based on an self-learning, self-adapting algo which is very robust, practical and profitable for trading Forex pairs.

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How does it work?

iProfit predicts the price range of next H1 bar based on its input of OHLC prices of past 52 hours. The NN model adapts its algo until the success rate of prediction of past few H1 bars is greater than 70% - High/Low prediction is only made available when there is a high probability of success.

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What to Expect

iProfit trades pairs which have low or negative correlation to ensure a large number of trading opportunities are made available to the system. Win rate of about 60% and a positive risk:reward ratio ensures long term success. Traders can expect to gain about 1500 pips/year (average ~170 pips/month).

Live Trading Results

Cumulative Net Pips Chart (at Each Order Close) iProfit MyFxBook Verified Live Trading Account

When a trade is closed the profit or loss, it is expressed in the pip value of the quote currency. The total profit or loss is determined by multiplying the pip difference between the open price and closing price by the number of units of currency traded. This yields the total pip difference between the opening and closing transaction. The equity growth depends on the risk level (lot size) used for trading. When a trader uses low risk the gain and associated risk of drawdown are lower. Similarly when high risk is used, the trader can expect higher gains while accepting a relatively higher drawdown. The risk level analysis provided below is derived from the reference trading account.

The trading data is derived from IC Markets real account and takes into account the actual swap + commission charges (@$6 per round lot).

iProfit HFT Low Risk Trading Performance Analysis



Low Risk Analysis : @ 1.8% per trade | Max Drawdown 18%

Monthly Equity Gain

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Annual Gain
2013 -1.11% -2.00% 1.50% 1.07% -1.78% -2.32%
2014 2.40% 0.58% -3.49% 0.94% 1.27% -2.44% 0.74% -3.05% 4.79% -0.41% -1.76% -0.82% -1.26%
2015 10.51% 3.60% -0.20% -7.07% 2.13% 6.59% 2.21% -7.21% -6.84% 3.11% -0.94% 3.06% 8.96%
2016 -4.07% 11.75% -4.76% 5.17% 2.29% -2.21% 3.66% -2.00% 0.09% 3.44% 5.05% 3.71% 22.14%
2017 1.37% 1.15% 6.88% 3.50% 8.02% 5.00% -0.73% -6.00% 4.36% 1.11% -1.20% 2.51% 25.98%
2018 -3.52% 7.0% 4.62% -7.61% -4.40% 1.96% -3.47% 4.18% 1.94% -2.29% 5.45% -2.94% 0.96%
2019 3.16% -0.55% 5.73% 0.63% 7.30% 2.39% -8.33% -10.13> 5.20% 6.01% 0.00% 0.84% 12.24%
2020 -1.95% -0.81% 8.04% 5.96% 10.23% 4.38% 1.24% 5.58% 32.67%

iProfit HFT Medium Risk Trading Performance Analysis



Medium Risk Analysis : @ 2.5% per trade | Max Drawdown 30%
Monthly Equity Gain

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Annual Gain
2013 -1.56% -2.72% 2.03% 1.46% -2.49% -3.29%
2014 3.28% 0.78% -4.97% 1.19% 1.68% -3.42% 0.99% -4.29% 6.64% -0.46% -2.48% -1.17% -2.21%
2015 14.30% 4.99% -0.41% -10.08% 2.82% 8.94% 2.90% -10.29% -9.91% 4.25% -1.48% 4.28% 10.31%
2016 -5.80% 15.69% -6.78% 7.20% 3.12% -3.32% 5.02% -2.97% 0.20% 4.82% 7.05% 5.16% 29.38%
2017 1.66% 1.55% 9.48% 4.91% 11.01% 6.89% -0.97% -8.56% 6.12% 1.56% -1.68% 3.48% 35.45%
2018 -4.90% 9.58% 6.33% -10.84% -6.27% 2.68% -4.88% 5.80% 2.80% -3.32% 7.54% -4.11% 0.43%
2019 4.50% -0.82% 7.88% 0.88% 10.10% 3.31% -11.98% -14.64% 6.96% 8.31% -0.02% 1.06% 15.54%
2020 -2.78% -1.14% 10.86% 8.16% 14.03% 6.04% 1.64% 7.72% 44.53%

iProfit HFT High Risk Trading Performance Analysis



High Risk Analysis : @ 4% per trade | Max Drawdown 44%

Monthly Equity Gain

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Annual Gain
2013 -2.53% -4.41% 3.16% 2.06% -4.27% -5.99%
2014 5.05% 1.11% -7.92% 1.91% 2.63% -5.41% 1.56% -6.85% 10.01% -0.80% -4.04% -2.20% -4.95%
2015 21.43% 7.22% -0.86% -16.60% 4.44% 13.57% 4.42% -16.79% -16.32% 6.20% -2.35% 6.48% 10.84%
2016 -9.54% 23.05% -11.33% 10.74% 4.98% -5.57% 7.64% -4.82% 0.14% 7.30% 10.63% 7.71% 40.96%
2017 2.55% 2.42% 14.53% 7.54% 16.60% 10.49% -1.64% -14.10% 9.14% 2.26% -2.80% 5.38% 52.37%
2018 -8.08% 14.60% 9.68% -17.68% -10.18% 4.15% -7.90% 8.89% 4.19% -5.31% 11.55% -6.60% -2.70%
2019 6.78% -1.45% 11.99% 1.36% 15.31% 5.01% -19.89% -24.25% 10.49% 12.58% -0.7% 1.44% 19.30%
2020 -4.53% -1.80% 15.66% 12.13% 20.90% 9.11% 2.40% 11.40% 65.26%

Strategy Tests

iProfit HFT has been tested extensively using the high quality tick data with spread of 1 pip and commission of $0.7 per lot. All tests presented for iProfit have been conducted on DukasCopy Tick Data at 99% modeling accuracy.

iProfit is one of the very rare strategies where uninterrupted live performance of 6 years is available for comparison with backtest results to ensure validity of backtests. The strategy test reports are presented below:


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iProfit Combined Portfolio Chart
EURUSD : MT4 Strategy Test (2007 to 2019)
GBPUSD : MT4 Strategy Test (2007 to 2019)
XAUUSD (GOLD): MT4 Strategy Test (2007 to 2019)
EURJPY : MT4 Strategy Test (2007 to 2019)
AUDUSD : MT4 Strategy Test (2007 to 2019)


Importance of Strategy Tests

While live trading on real money accounts are the most reliable form of strategy analysis, strategy tests are equally important. It is quite easy for a strategy to be successful in real trading for three months, six months or maybe even one or two years. But there is no guarantee or information about the actual drawdown the strategy may see in future or when price action goes against it. This will lead to setting risk levels which will be harmful to the account when drawdowns occur.

The strategy tests provides a clear indication of what to expect from trading the strategy over long term and across various price actions. Setting risk based on strategy tests is a good way to know what is normal drawdown and when the drawdown is considered going beyond acceptable range of the strategy. Strategy tests (when honest) can also help provide good information if the strategy can be traded even before it has generated enough live trading history - an approach which has proven very profitable for our long term members. Here you can actually see the gains in your account rather than watch the EA gain in the account you are tracking.

For making a decision to trade the strategy based on strategy tests requires good understanding about the drawdown ranges, trading style and setting the right risk for being able to trade comfortably. All this in addition to the trust you have on the vendor.

Trading Strategy

iProfit HFT is a trading system designed to profit from most market conditions. The strategy is typically followed by professional day traders with many years of experience. PhiBase Technologies has implemented this strategy as a fast learning neural network since it involves dynamic adaptation to the most price movements seen within the previous 4 to 52 hours. The strategy also involves decision making based on prior data which is considered by many as an art rather an exact science. iProfit NN model does not contain hard set rules, indicators or formulas. The EA attempts to trade the normal price movements seen within a H1 bar - The NN model only predicts the upper/lower price for the next H1 bar(s). Prediction is based on a recursive self-learning algo which has an excellent predictive accuracy of over 70%.

While the NN model is an important part of the strategy, the core of iProfit is the decision making model which mimics the mind of the day trader. While the High/Low is made available for each bar, the buy/sell/ignore decision is based on price action and probability of success. multiple moving average cross over, support/resistance and stochastics are used to present the current market situation. The moving averages period is dynamically adjusted between 4 to 20 to meet the strategy requirement. The strategy core modules are explained in the following diagram for better understanding of trade entry/exit.

iProfit NN Based Trading Strategy

Trading Style

iProfit is an ultra-short term strategy trading on H1 time frame (every tick). This may not be classified as a scalper. The system has a success rate of 62% average gain size : 25 pip and average loss size is 27 pips. We recommend broker accounts with lowest possible spreads on all the traded pairs. iProfit strategy is not to outsmart the markets. The EA trading style keeps generating small gains while keeping losses low - the trading volume gradually add up to net profits. iProfit aims to bring in monthly gains consistently, however there have been losing month (s) in the past and must be expected in future also.

Screenshots of typical trades across various pairs during the same time period is presented below. The EA HUD (chart messages) will indicate the current price action status from the EA's point of view. Advance trade entry notification will be displayed along with entry price when Bullish/Bearish conditions are present. Entry price is made spread independent by the trigger price being calculated as average of Ask and Bid. This reduces trade differences between accounts with different spreads. However, trade trigger will only happen if the price touches/crosses the entry/exit price. Broker feed difference of about 1 pip would be common and this may lead to entry time difference/no entry in some cases. iProfit is a frequent trader and averages about 100 trades. Trade differences between account (if any) would be smoothened out with in a short period of time.


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Trade_Chart-EURUSD
Trade_Chart-GBPUSD
Trade_Chart-XAUUSD
Trade_Chart-AUDUSD
Trade_Chart-EURJPY

iProfit EA Features

Trading Logic

Self-contained neural network system which dynamically adapts to the most recent price action.

Risk:Reward

Positive risk reward with win rate of 60%. Average gains is 25 pips and average loss is 27 pips.

Traded Pairs

Trades pairs with different correlations : EURUSD, EURJPY, XAUUSD, GBPUSD, AUDUSD

Gain Potential

Average Gains of 170 pips/month - At medium risk, monthly equity gains of 3% to 5%.

Drawdown

The maximum drawdown of the strategy is -1000 pips (max equity of 20% at medium risk)

Account Safety

Non Grid/Martingale system. Geometric trade position sizing ensures safety of funds.

7 Yrs Live Track

Proven consistent performance with seven years of MyFxBook verified performance track record.

12 Yrs BactTest

12 year tick data strategy tests. Comparative results of Live vs Back Test for 6 years.

iProfit License Pricing

US$470/Year

Annual
  • Recommended Pairs
    (EURUSD, EURJPY, AUDUSD, GBPUSD and XAUUSD)
  • Two Accounts (Real or Demo).
  • All updates/upgrades free during subscription period.
  • 30 day money back guarantee

US$899

Lifetime License
  • Recommended Pairs
    (EURUSD, EURJPY, AUDUSD, GBPUSD and XAUUSD)
  • Two Accounts (Real or Demo).
  • All updates/upgrades free for lifetime of EA.
  • 30 day money back guarantee

Member Testimonials

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Andrew

Australia

Been 6 years in this business and never seen such excellent support. This is a steady safe robot which has been raking in the gains silently. Good trading volumes to see a decent cashback return on commissions too.


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Mike

USA

I was one of your first customers. iProfit is one of the most consistent ea's I have ever traded with. Support is simply amazing!


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Dave

USA

I'm looking forward to take a look at iProfit, this time I have the feeling that you hit the jackpot, it's just a feeling :)
(Testimonial received in 2014)




InstaForex

iProfit V3.1 Released : Improves Performance by over 30%

iProfit Version 2.x has been on real trading since August 2019 and has now been updated to Version 3.1 from June 2019. The new version has improved upon the already successful NN model and increased the success rate, risk:reward and reduced the max drawdown levels. The improvements implemented in the new version are presented below.

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iProfit Version 3.1 Vs Version 2.9



V3.1 Higher Win Rate

The NN model of Profit V3 generates trade triggers only when the success rate of its prediction has an accuracy of over 75%. This increases the quality of trades and overall win rate.

V/S

V2.9 Gain potential

The NN model of Profit V2.9 generates trade triggers when the success rate of its prediction has an accuracy of over 60%.

V3.1 Lower Max Drawdown

The strategy improvements based on real time trading results has resulted in significantly lower max drawdown of just 800 pips as seen in the long term strategy tests.

V/S

V2.9 had Larger Max Drawdown

The previous version of iProfit had a higher max drawdown of about 1100 pips which was seen during 2018, 2015 and few times in strategy tests before 2013.

75% monthly Win rate

iProfit V3.1 has a highly improved risk:reward and success rate. With 3.1, the average monthly gain of +294 pips and the average monthly loss size is -147 pips.

V/S

65% monthly Win rate

With V2.9, the average monthly gain of +210 pips and the average monthly loss size is -132 pips.