Cardinal FX Demo Account Stopped test

by CardinalFX.com • Site closed

-12.51% WEEKLY · 23.7 weeks

Average Pips per Week:

-59 (Gross Pips: -1,392)

Average P/L per Week:

-12.51% (Gross P/L: -95.79%)

Maximum Equity used:

0% (Jul 6, 2010, 4:10:00 PM)

Test started:

Jan 21, 2010

Test Stopped:

Jul 7, 2010 (Tested 23.7 weeks)

Metatrader Expert Advisor

Crashed & Burned

07.07.10 Cardinal FX Demo test stopped due to Gross Equity: -95.79%

Cardinal FX expert advisor is a courtesy of www.CardinalFX.com

As per sales copy, "Cardinal FX takes technical trading to a whole new level! After extensive experimentation and analysis, we have found the synergistic application of technical indicators that unlock maximum predictive power.
Fair enough, let's now put this synergistic power to the test! Good luck Cardinal!

01.21.2010 Cardinal FX EA installed on EURCHF M15 chart with default parameters...
Attention: installation requires manual GMT offset and may not be compatible with non-windows VPS

Statement Interbank FX, LLC

Account:

Name:

Currency:

USD

Date:

Jul 6, 2010

Closed Transactions Open Trades Working Orders

Closed Transactions:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Close Time	Price Close	Commission	Taxes	Swap	Profit	Pips
164695412	2010-01-21 10:05	balance	Deposit										5,000.00	0
165336710	2010-01-31 16:36	sell	0.36	eurchf	1.47200	1.47450	1.47030	2010-01-31 17:22	1.47170	0.00	0.00	0.00	10.18	3
165336440	2010-01-31 16:35	sell	1.25	eurchf	1.47190	1.47440	1.47030	2010-01-31 17:23	1.47160	0.00	0.00	0.00	35.37	3
165336444	2010-01-31 16:35	sell	1.25	eurchf	1.47190	1.47510	1.47030	2010-01-31 17:24	1.47160	0.00	0.00	0.00	35.36	3
165343021	2010-01-31 17:44	buy	1.27	eurchf	1.47100	1.46780	1.47260	2010-01-31 17:59	1.47130	0.00	0.00	0.00	35.92	3
165352807	2010-01-31 19:10	buy	1.28	eurchf	1.47090	1.46840	1.47170	2010-01-31 20:36	1.47120	0.00	0.00	0.00	36.21	3
View full statement
176958929	2010-07-06 00:35	sell	0.09	eurchf	1.33541	1.33790	0.00000	2010-07-06 03:17	1.33790	0.00	0.00	0.00	-21.06	-25
177000349	2010-07-06 14:40	sell	0.06	eurchf	1.33761	1.33990	1.33490	2010-07-06 15:29	1.33730	0.00	0.00	0.00	1.75	3
177002806	2010-07-06 15:49	sell	0.04	eurchf	1.33820	1.34140	1.33690	2010-07-06 15:51	1.33790	0.00	0.00	0.00	1.13	3
177002718	2010-07-06 15:45	sell	0.06	eurchf	1.33791	1.34040	1.33690	2010-07-06 16:11	1.33860	0.00	0.00	0.00	-3.90	-7
177003020	2010-07-06 16:02	sell	0.04	eurchf	1.33820	1.34140	1.33690	2010-07-06 16:11	1.33860	0.00	0.00	0.00	-1.51	-4
177003041	2010-07-06 16:03	sell	0.02	eurchf	1.33820	1.34140	1.33690	2010-07-06 16:12	1.33860	0.00	0.00	0.00	-0.75	-4
177003053	2010-07-06 16:04	sell	0.02	eurchf	1.33820	1.34140	1.33690	2010-07-06 16:12	1.33860	0.00	0.00	0.00	-0.75	-4
										0.00	0.00	-11.41	-4,778.22	-1,392
										Closed P/L:			-4,789.63

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P		Price	Commission	Taxes	Swap	Profit	Pips
										0.00	0.00	0.00	0.00	0
										Floating P/L:			0

Working Orders:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Market Price

Summary:

Deposit/Withdrawal:	5,000.00	Credit Facility:	0.00
Closed Trade P/L:	-4,789.63	Floating P/L:	0.00	Margin:	0.00
Balance:	210.37	Equity:	210.37	Free Margin:	210.37

Details:

Gross Profit:	11,857.95	Gross Loss:	-16,647.58	Total Net Profit:	-4,789.63
Profit Factor:	-0.71	Expected Payoff:	-3.15
Absolute Drawdown:	4,789.63	Maximal Drawdown:	5,533.85 (96.34%)	Relative Drawdown:	96.34% (5,533.85)
Total Trades:	1520	Short Positions (won %):	1000 (72.50%)	Long Positions (won %):	520 (71.54%)
		Profit Trades (% of total):	1097 (72.17%)	Loss trades (% of total):	423 (27.83%)
Largest		profit trade:	80.66	loss trade:	-369.02
Average		profit trade:	10.81	loss trade:	-39.36
Maximum		consecutive wins ($):	44 (512.44)	consecutive losses ($):	17 (-90.30)
Maximal		consecutive profit (count):	871.75 (30)	consecutive loss (count):	-1,123.86 (10)
Average		consecutive wins:	8	consecutive losses:	3

Cardinal FX Demo Account Stopped test

Statement Interbank FX, LLC

Closed Transactions:

Open Trades:

Working Orders:

Summary:

Details:

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 96.34%

Trading Days of the Month

Trading Days of the Week

Simulator