Forex Cash Evolution Demo Account Stopped test
05.19.10 Forex Cash Evolution Demo test stopped due to drawdown - gross equity change: -99.88%. It looks like an evolutionary dead end to me.
I was reading through the sales copy, then when I purchased the system through the user manual to write some sort of introduction for Forex Cash Evolution and I found ... nothing. I learned that there are so called "Big Boys" who posses the powerful secret that lets them indefinitely milk the pocket of the little traders and this boys are very bad. Actually even worse VERY BAD ! :-) I also learned that Forex Cash Evolution is the chance to "turn the table against the Big Boys". Moreover, the system was "turning the table" already for seven years making to its owner a six-figure income. Let's not judge this story, let's just see if it makes us as filthy rich as promised !
02.09.2010 Forex Cash Evolution#1 & Forex Cash Evolution#2 EA's installed on EURUSD M5 Chart with default settings
Attention: manual settings for 4 or 5 digit brokers and GMT Shift are required
EA owner claims that he spent thousands of dollars to code this robot, we suggest him to invest another hundred to make these settings automated. Come on, it's really simple, it's not even polite to make the traders to set it up manually!
Statement Straighthold Investment Group, Inc.
Closed Transactions:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Close Time | Price Close | Commission | Taxes | Swap | Profit | Pips |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38330352 | 2010-02-09 18:03 | balance | Deposit | 5,000.00 | 0 | |||||||||
| 38466671 | 2010-02-12 06:25 | buy | 0.15 | eurusd | 1.35690 | 1.35190 | 0.00000 | 2010-02-12 07:04 | 1.35760 | 0.00 | 0.00 | 0.00 | 10.50 | 7 |
| 38480222 | 2010-02-12 10:40 | buy | 0.15 | eurusd | 1.36110 | 1.35610 | 0.00000 | 2010-02-12 10:45 | 1.36170 | 0.00 | 0.00 | 0.00 | 9.00 | 6 |
| 38482355 | 2010-02-12 11:40 | buy | 0.15 | eurusd | 1.36250 | 1.35750 | 0.00000 | 2010-02-15 22:37 | 1.36310 | 0.00 | 0.00 | -0.04 | 9.00 | 6 |
| 38632844 | 2010-02-17 21:45 | buy | 0.15 | eurusd | 1.35760 | 1.35260 | 0.00000 | 2010-02-18 00:04 | 1.35810 | 0.00 | 0.00 | 0.00 | 7.50 | 5 |
| 38685345 | 2010-02-18 19:25 | buy | 0.14 | eurusd | 1.34850 | 1.34350 | 0.00000 | 2010-02-18 19:28 | 1.34910 | 0.00 | 0.00 | 0.00 | 8.40 | 6 |
| View full statement | ||||||||||||||
| 41317035 | 2010-05-05 09:10 | buy | 0.05 | eurusd | 1.28180 | 0.00000 | 0.00000 | 2010-05-14 11:01 | 1.24200 | 0.00 | 0.00 | -0.09 | -199.00 | -398 |
| 41342328 | 2010-05-06 09:17 | buy | 0.05 | eurusd | 1.26980 | 0.00000 | 0.00000 | 2010-05-14 11:02 | 1.24170 | 0.00 | 0.00 | -0.07 | -140.50 | -281 |
| 41367111 | 2010-05-06 09:17 | buy | 0.05 | eurusd | 1.26980 | 0.00000 | 0.00000 | 2010-05-14 11:02 | 1.24130 | 0.00 | 0.00 | -0.07 | -142.50 | -285 |
| 41393734 | 2010-05-06 14:50 | buy | 0.05 | eurusd | 1.25780 | 0.00000 | 0.00000 | 2010-05-14 11:04 | 1.24050 | 0.00 | 0.00 | -0.07 | -86.50 | -173 |
| 41399773 | 2010-05-06 14:50 | buy | 0.05 | eurusd | 1.25780 | 0.00000 | 0.00000 | 2010-05-14 11:06 | 1.23950 | 0.00 | 0.00 | -0.07 | -91.50 | -183 |
| 41747867 | 2010-05-14 05:38 | buy limit | 0.05 | eurusd | 1.23380 | 0.00000 | 0.00000 | 2010-05-16 20:22 | 1.23380 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| 41777799 | 2010-05-16 20:16 | buy limit | 0.05 | eurusd | 1.22180 | 0.00000 | 0.00000 | 2010-05-18 14:56 | 1.22180 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| 0.00 | 0.00 | -3.92 | -4,990.20 | -9,717 | ||||||||||
| Closed P/L: | -4,994.12 | |||||||||||||
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 38330571 | 2010-02-09 18:09 | sell limit | 0.05 | eurusd | 1.38960 | 0.00000 | 0.00000 | 1.24030 | Auxiliary Order |
| 41885016 | 2010-05-18 14:56 | buy limit | 0.05 | eurusd | 1.20980 | 0.00000 | 0.00000 | 1.24050 | Auxiliary Order |
Summary:
| Deposit/Withdrawal: | 5,000.00 | Credit Facility: | 0.00 | ||
|---|---|---|---|---|---|
| Closed Trade P/L: | -4,994.12 | Floating P/L: | 0.00 | Margin: | 0.00 |
| Balance: | 5.88 | Equity: | 5.88 | Free Margin: | 5.88 |
Details:
| Gross Profit: | 704.52 | Gross Loss: | -5,698.64 | Total Net Profit: | -4,994.12 |
|---|---|---|---|---|---|
| Profit Factor: | -0.12 | Expected Payoff: | -55.49 | ||
| Absolute Drawdown: | 4,994.12 | Maximal Drawdown: | 5,310.22 (99.89%) | Relative Drawdown: | 99.89% (5,310.22) |
| Total Trades: | 90 | Short Positions (won %): | 1 (100.00%) | Long Positions (won %): | 89 (66.29%) |
| Profit Trades (% of total): | 60 (66.67%) | Loss trades (% of total): | 30 (33.33%) | ||
| Largest | profit trade: | 161.88 | loss trade: | -612.70 | |
| Average | profit trade: | 11.74 | loss trade: | -189.95 | |
| Maximum | consecutive wins ($): | 27 (487.86) | consecutive losses ($): | 15 (-4,948.61) | |
| Maximal | consecutive profit (count): | 487.86 (27) | consecutive loss (count): | -4,948.61 (15) | |
| Average | consecutive wins: | 6 | consecutive losses: | 3 | |