Forex Ripper Demo Account Stopped test
This Expert Advisor is marketed very hard, I counted over 60! emails about Forex Ripper by Nick Lombardy.
The ideas of interrelations between the Forex market and Poker gaming have been around for a long while (mostly in hypothetical form though). I thought it would be interesting to test this practical attempt realized in Forex Ripper EA, although the story on the sales page leaves the room for the doubt and it doesn't seem right that the top Meta Trader coder whose work cost Nick and his partner "... Just About All the Savings they Had Left…" can't adapt the robot to work with ECN brokers and (Shame on you!) even automatically detect 4 or 5- digit price feed.
09.23.10 Forex Ripper stopped due to inactivity since 05.04...
03.04.10 Forex Ripper installed on EURUSD M15 chart with recommended settings...
Attention: The EA doesn’t work with: New NFA rules – ECN brokers. If you are using a 5 digits broker. ADD 0 to take profit and stop loss values.
Statement FXPRO Financial Services Ltd
Closed Transactions:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Close Time | Price Close | Commission | Taxes | Swap | Profit | Pips |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20629675 | 2010-03-04 17:11 | balance | Deposit | 5,000.00 | 0 | |||||||||
| 21021060 | 2010-03-12 03:53 | buy | 0.50 | eurusd | 1.37491 | 1.29991 | 1.39991 | 2010-05-04 14:54 | 1.29991 | 0.00 | 0.00 | -28.05 | -3,750.00 | -750 |
| 0.00 | 0.00 | -28.05 | -3,750.00 | -750 | ||||||||||
| Closed P/L: | -3,778.05 | |||||||||||||
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: | -3,778.05 | Floating P/L: | 0.00 | Margin: | 0.00 |
| Balance: | 1,221.95 | Equity: | 1,221.95 | Free Margin: | 1,221.95 |
Details:
| Gross Profit: | 0.00 | Gross Loss: | -3,778.05 | Total Net Profit: | -3,778.05 |
|---|---|---|---|---|---|
| Profit Factor: | 0.00 | Expected Payoff: | -3,778.05 | ||
| Absolute Drawdown: | 3,778.05 | Maximal Drawdown: | 3,778.05 (75.56%) | Relative Drawdown: | 75.56% (3,778.05) |
| Total Trades: | 1 | Short Positions (won %): | 0 (0.00%) | Long Positions (won %): | 1 (0.00%) |
| Profit Trades (% of total): | 0 (0.00%) | Loss trades (% of total): | 1 (100.00%) | ||
| Largest | profit trade: | -3,778.05 | loss trade: | -3,778.05 | |
| Average | profit trade: | 0.00 | loss trade: | -3,778.05 | |
| Maximum | consecutive wins ($): | 0 (0.00) | consecutive losses ($): | 1 (-3,778.05) | |
| Maximal | consecutive profit (count): | 0.00 (0) | consecutive loss (count): | -3,778.05 (1) | |
| Average | consecutive wins: | 0 | consecutive losses: | 1 | |