Probability EA Demo Account Stopped test

by ProbabilityEA.com

• Site closed

+0.05% WEEKLY · 117 weeks

Average Pips per Week:

+23 (Gross Pips: +2,846)

Average P/L per Week:

+0.05% (Gross P/L: +6.39%)

Maximum Equity used:

20.56% (Sep 30, 2012, 7:02:00 PM)

Test started:

Jul 21, 2010

Test Stopped:

Oct 17, 2012 (Tested 117 weeks)

Metatrader Expert Advisor

Multiple Statements Available

2012-12-03 The FPA time limit of this Demo Test has expired...

11.10.10 Probability EA updated to v 7.1.2 - installed with default settings as recommended... (probability rising higher - so fasten your seat belts :))
10.28.10 Probability EA settings updated...
07.20.10 Performance test is restarted due to owner request with the newest version 7.1.1. Please note that version 7.1 previous 2.1 week demo test showed the loss of -19.62% Equity Weekly (-36.78% Gross Equity Loss) - you can see it in drop-down menu below.
It seems that v7.1 was designed for ideal conditions Sometimes if the user changes the timeframe around (even if it is changed back), or closes the platform and restarts it, it can mess up the computations by the EA, usually related to the tan lines on the top or bottom, or the Magic Number.
If I read it correctly even the lost connection with the broker could cost you money :-(
Due to this, I (Michael Scofield- EA developer) recently released an update v7.1.1 and in it I changed the way that the Magic Number is computed and interacts within the EA, allowing the user to change timeframes around, open and close the EA, all without affecting the calculations by the EA. Hopefully new version would be able to show the good performance in the real world.

07.14.10 Probability EA upgraded to v 7.1.1 - fixed lot & magic# errors...
07.06.10 Probability EA installed on EURUSD M30 chart with default settings...

Attention: be ready to update code every month... :)
Please email me at michael.w.scofield@gmail.com for the subscription code. There is no fee for this code, but it is updated on a monthly basis.
Good news: owner sent us the code that will last 3 months! It's MUCH better... :)
Also he added: You will find that this is a very powerful EA due to its ability to conform to your previous trading strategies, as well as act independently from any previous strategies that you may have. As an active trader myself, I will always caution others to use wise money management and low risk until an understanding and comfort is developed between yourself, the expert advisor, and the Forex market itself.

Lets see what this power can do with our deposit :-)

Statement FXPRO Financial Services Ltd

Account:

Name:

Currency:

USD

Date:

Dec 2, 2012

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
29211520	2010-07-20 17:19	balance	Deposit										5,000.00	0
29229166	2010-07-21 03:24	buy	0.10	eurusd	1.29059	0.00000	0.00000	2010-07-21 04:01	1.28818	0.00	0.00	0.00	-24.10	-24
29228482	2010-07-21 03:15	buy	0.10	eurusd	1.28946	0.00000	0.00000	2010-07-21 04:09	1.28710	0.00	0.00	0.00	-23.60	-24
29232146	2010-07-21 04:14	sell	0.10	eurusd	1.28610	0.00000	0.00000	2010-07-21 06:34	1.28022	0.00	0.00	0.00	58.80	59
29232439	2010-07-21 04:16	sell	0.10	eurusd	1.28510	0.00000	0.00000	2010-07-21 06:34	1.28022	0.00	0.00	0.00	48.80	49
29237552	2010-07-21 05:45	sell	0.10	eurusd	1.28410	0.00000	0.00000	2010-07-21 06:34	1.28015	0.00	0.00	0.00	39.50	40
View full statement
66959441	2012-09-10 00:37	sell	0.30	eurusd	1.27818	0.00000	0.00000	2012-09-12 00:36	1.28787	0.00	0.00	-0.70	-290.70	-97
66985199	2012-09-12 03:24	sell	0.30	eurusd	1.28559	0.00000	0.00000	2012-09-13 13:47	1.29603	0.00	0.00	-1.06	-313.20	-104
67016358	2012-09-14 02:01	buy	0.30	eurusd	1.30420	0.00000	0.00000	2012-09-30 19:12	1.28173	0.00	0.00	-4.05	-674.10	-225
67023239	2012-09-14 09:43	buy	0.30	eurusd	1.31267	0.00000	0.00000	2012-09-30 19:12	1.28199	0.00	0.00	-4.05	-920.40	-307
67170340	2012-09-30 19:16	sell	0.10	eurusd	1.28069	0.00000	0.00000	2012-10-01 04:36	1.28877	0.00	0.00	0.00	-80.80	-81
67182863	2012-10-01 12:50	sell	0.10	eurusd	1.28859	0.00000	0.00000	2012-10-04 08:37	1.29833	0.00	0.00	-0.59	-97.40	-97
67236779	2012-10-05 01:58	sell	0.10	eurusd	1.30091	0.00000	0.00000	2012-10-16 17:20	1.30891	0.00	0.00	-0.98	-80.00	-80
										0.00	0.00	-554.84	1,097.30	2,846
										Closed P/L:			542.46

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
67356293	2012-10-17 16:38	sell	0.10	eurusd	1.31169	0.00000	0.00000	1.30318	0.00	0.00	-2.00	85.10	85
67571925	2012-11-08 03:34	sell	0.10	eurusd	1.27266	0.00000	0.00000	1.30318	0.00	0.00	-1.06	-305.20	-305
									0.00	0.00	-3.06	-220.10	-220
									Floating P/L:			-223.16

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:	542.46	Floating P/L:	-223.16	Margin:	258.44
Balance:	5,542.46	Equity:	5,319.30	Free Margin:	5,060.86

Details:

Gross Profit:	31,928.80	Gross Loss:	-31,386.34	Total Net Profit:	542.46
Profit Factor:	-1.02	Expected Payoff:	0.87
Absolute Drawdown:	1,012.69	Maximal Drawdown:	6,664.28 (56.22%)	Relative Drawdown:	56.22% (6,664.28)
Total Trades:	625	Short Positions (won %):	301 (60.13%)	Long Positions (won %):	324 (66.98%)
		Profit Trades (% of total):	398 (63.68%)	Loss trades (% of total):	227 (36.32%)
Largest		profit trade:	1,299.33	loss trade:	-989.16
Average		profit trade:	80.22	loss trade:	-138.27
Maximum		consecutive wins ($):	31 (2,587.59)	consecutive losses ($):	19 (-2,703.44)
Maximal		consecutive profit (count):	2,587.59 (31)	consecutive loss (count):	-6,150.36 (14)
Average		consecutive wins:	9	consecutive losses:	5

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 56.22%

Recorded on Oct 16, 2012 5:20:00 PM Broker Time

Average trade length: 63 hours, 15 minutes, 9 seconds

Average trades opened daily/weekly/monthly: 5/14/52

Trading Days of the Month

Trading Days of the Week

Simulator

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ProbabilityEA.com Performance tests

Status	Account	Product	P/L Weekly,%	Weeks tested	P/L Gross,%
		Reliability EA	-199.4	41	-178.024

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Additional Statements

Old 2.1 weeks Demo Test \| -19.45% weekly