Forex Invincible Demo Account Stopped test
08.27.10 No new trades for 3 months. The test is stopped.
05.05.10 Forex Invincible upgraded to v2.0... Lets hope - now it begin to trade :)
Forex Invincible Sales page starts with the 365-day backtest. During this period EA made 35 trades, or one trade per 10.4 days. Manual further confirms that:
The EA is for daily/long term trading. Not short term trading/investing. Meaning: set it and forget it! I know that with 200 pips stop loss, and 20 pips target the risk seems too high. But here is what I have to say about that: Trading in general is a RISKY business. No risk = no profit.
I guess we aren't going to see too much action in the short run, so let's be patient here.
04.08.10 Forex Invincible installed on EURUSD H1 chart with default settings, except MM=true, Risk=5% and SL, TP corrected for 5 digits (10x)...
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22667855 | 2010-04-09 04:44 | balance | Deposit | 5,000.00 | 0 | |||||||||
| 24193476 | 2010-05-05 21:30 | sell | 0.10 | eurusd | 1.28304 | 1.30304 | 1.28104 | 2010-05-06 02:09 | 1.28104 | 0.00 | 0.00 | 0.00 | 20.00 | 20 |
| 24217926 | 2010-05-06 05:20 | sell | 0.10 | eurusd | 1.27941 | 1.29941 | 1.27741 | 2010-05-06 05:34 | 1.27741 | 0.00 | 0.00 | 0.00 | 20.00 | 20 |
| 24332569 | 2010-05-06 21:47 | sell | 0.10 | eurusd | 1.26085 | 1.28085 | 1.25885 | 2010-05-09 17:00 | 1.28085 | 0.00 | 0.00 | -0.14 | -200.00 | -200 |
| 24463232 | 2010-05-09 20:51 | sell | 1.00 | eurusd | 1.28218 | 1.30218 | 1.28018 | 2010-05-10 03:48 | 1.30218 | 0.00 | 0.00 | 0.00 | -2,000.00 | -200 |
| 0.00 | 0.00 | -0.14 | -2,160.00 | -360 | ||||||||||
| Closed P/L: | -2,160.14 | |||||||||||||
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: | -2,160.14 | Floating P/L: | 0.00 | Margin: | 0.00 |
| Balance: | 2,839.86 | Equity: | 2,839.86 | Free Margin: | 2,839.86 |
Details:
| Gross Profit: | 40.00 | Gross Loss: | -2,200.14 | Total Net Profit: | -2,160.14 |
|---|---|---|---|---|---|
| Profit Factor: | -0.02 | Expected Payoff: | -540.04 | ||
| Absolute Drawdown: | 2,160.14 | Maximal Drawdown: | 2,200.14 (43.65%) | Relative Drawdown: | 43.65% (2,200.14) |
| Total Trades: | 4 | Short Positions (won %): | 4 (50.00%) | Long Positions (won %): | 0 (0.00%) |
| Profit Trades (% of total): | 2 (50.00%) | Loss trades (% of total): | 2 (50.00%) | ||
| Largest | profit trade: | 20.00 | loss trade: | -2,000.00 | |
| Average | profit trade: | 20.00 | loss trade: | -1,100.07 | |
| Maximum | consecutive wins ($): | 2 (40.00) | consecutive losses ($): | 2 (-2,200.14) | |
| Maximal | consecutive profit (count): | 40.00 (2) | consecutive loss (count): | -2,200.14 (2) | |
| Average | consecutive wins: | 2 | consecutive losses: | 2 | |