USDBOT Demo Account Stopped test
2010-02-10: SCAM ALERT: The FPA has seen strong evidence backing the claim that the original version of USDBot was an unlicensed copy of a free EA.
We are told that the upgraded version is a totally different EA that uses a Martingale strategy. We are going to let it run and see how long until it crashes the account.
08-27-2010 It's time to stop the test. Original Pirated version of the EA was very interesting indeed. The upgrade is not nearly that impressive.
02-05-2010 "Upgraded" version installed.
The sales page of this product features extensive life story of Mark Trenton and we aren't exactly the literature critics here to comment on it.
The technical information given about the trading system behind USD Bot boils down to three words that make sense "Neural Adaptive Technology".
Other bells and whistles include: Automated Risk Scaling, Money Management, ability to trade multiple pairs and mostly important Live account statements to back up the high claims.
All three accounts on the front page have less than a month trading history, which means it's not too late for ForexPeaceArmy to join the army of testers.
01.26.10 USDBOT installed on Daily EURUSD and USDJPY charts with recommended parameters for 5-digit brokers...
Statement Interbank FX, LLC
Closed Transactions:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Close Time | Price Close | Commission | Taxes | Swap | Profit | Pips |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 165106725 | 2010-01-27 05:45 | balance | Deposit | 5,000.00 | 0 | |||||||||
| 165872583 | 2010-02-04 00:04 | sell | 0.09 | eurusd | 1.38520 | 1.39520 | 1.34520 | 2010-02-04 07:05 | 1.38020 | 0.00 | 0.00 | 0.00 | 45.00 | 50 |
| 165966884 | 2010-02-04 00:04 | sell | 0.09 | eurusd | 1.38520 | 1.39520 | 1.34520 | 2010-02-04 07:05 | 1.38020 | 0.00 | 0.00 | 0.00 | 45.00 | 50 |
| 165115562 | 2010-01-27 07:45 | sell | 0.35 | eurusd | 1.40280 | 1.41280 | 1.36280 | 2010-02-05 08:35 | 1.36280 | 0.00 | 0.00 | -7.72 | 1,400.00 | 400 |
| 167038440 | 2010-02-10 17:34 | buy | 0.10 | eurusd | 1.37720 | 1.37390 | 1.37980 | 2010-02-10 21:36 | 1.37980 | 0.00 | 0.00 | 0.00 | 26.00 | 26 |
| 167038494 | 2010-02-10 17:35 | buy | 0.10 | usdjpy | 90.03 | 89.70 | 90.31 | 2010-02-11 03:04 | 89.70 | 0.00 | 0.00 | 0.00 | -36.79 | -33 |
| View full statement | ||||||||||||||
| 172073525 | 2010-04-19 05:40 | buy | 0.10 | usdjpy | 92.07 | 91.75 | 92.34 | 2010-04-19 09:39 | 92.34 | 0.00 | 0.00 | 0.00 | 29.24 | 27 |
| 172175884 | 2010-04-20 17:30 | sell | 0.10 | usdjpy | 93.04 | 93.36 | 92.77 | 2010-04-20 23:21 | 93.36 | 0.00 | 0.00 | 0.00 | -34.28 | -32 |
| 172188551 | 2010-04-20 23:21 | buy | 0.20 | usdjpy | 93.36 | 93.04 | 93.63 | 2010-04-21 04:08 | 93.04 | 0.00 | 0.00 | 0.00 | -68.79 | -32 |
| 172208062 | 2010-04-21 04:08 | sell | 0.40 | usdjpy | 93.03 | 93.34 | 92.75 | 2010-04-21 06:40 | 93.34 | 0.00 | 0.00 | 0.00 | -132.85 | -31 |
| 172227001 | 2010-04-21 06:40 | buy | 0.80 | usdjpy | 93.34 | 93.02 | 93.62 | 2010-04-21 11:59 | 93.02 | 0.00 | 0.00 | 0.00 | -275.21 | -32 |
| 172249505 | 2010-04-21 11:59 | sell | 1.60 | usdjpy | 93.02 | 93.35 | 92.75 | 2010-04-22 01:52 | 93.35 | 0.00 | 0.00 | 0.00 | -565.61 | -33 |
| 172281529 | 2010-04-22 01:52 | buy | 3.20 | usdjpy | 93.36 | 93.02 | 93.63 | 2010-04-22 02:27 | 93.02 | 0.00 | 0.00 | 0.00 | -1,169.64 | -34 |
| 0.00 | 0.00 | -7.72 | 6.16 | -81 | ||||||||||
| Closed P/L: | -1.56 | |||||||||||||
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: | -1.56 | Floating P/L: | 0.00 | Margin: | 0.00 |
| Balance: | 4,998.44 | Equity: | 4,998.44 | Free Margin: | 4,998.44 |
Details:
| Gross Profit: | 14,037.43 | Gross Loss: | -14,038.99 | Total Net Profit: | -1.56 |
|---|---|---|---|---|---|
| Profit Factor: | -1.00 | Expected Payoff: | -0.01 | ||
| Absolute Drawdown: | 1.56 | Maximal Drawdown: | 4,192.99 (45.62%) | Relative Drawdown: | 45.62% (4,192.99) |
| Total Trades: | 224 | Short Positions (won %): | 114 (49.12%) | Long Positions (won %): | 110 (44.55%) |
| Profit Trades (% of total): | 105 (46.88%) | Loss trades (% of total): | 119 (53.12%) | ||
| Largest | profit trade: | 1,905.81 | loss trade: | -1,169.64 | |
| Average | profit trade: | 133.69 | loss trade: | -117.97 | |
| Maximum | consecutive wins ($): | 9 (1,030.48) | consecutive losses ($): | 6 (-2,246.38) | |
| Maximal | consecutive profit (count): | 1,905.81 (1) | consecutive loss (count): | -2,246.38 (6) | |
| Average | consecutive wins: | 2 | consecutive losses: | 2 | |