Forex Euro System Demo Account Stopped test

by ForexEuroSystem.com • Site closed

+0.01% WEEKLY · 70.9 weeks

Average Pips per Week:

+0 (Gross Pips: -9)

Average P/L per Week:

+0.01% (Gross P/L: +0.49%)

Maximum Equity used:

22.17% (Dec 8, 2011, 10:30:00 AM)

Test started:

Jul 21, 2010

Test Stopped:

Nov 30, 2011 (Tested 70.9 weeks)

Metatrader Expert Advisor

Abandoned Test

12-09-11 Test stopped trading. Website is closed, company seems to be out of business.

In the middle of the sales page, please look at the "most recent LIVE account REAL CASH results", if I read it correctly it's 11 days, 71 trades or 6.5 trades daily on average. Yet, when you get your hands on the manual, you learn that The EA is for daily/long term trading. Not short term trading/scalping..
What? To me it looks like deceptive advertising! Finding one lie on the page, I can't trust any other statement or testimony. Let's put this EA to the test and see what it really can do.

07.21.10 Forex Euro System EA installed on EURUSD H1 chart with default settings...

Statement FXPRO Financial Services Ltd

Account:

Name:

Currency:

USD

Date:

Dec 8, 2011

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
29239259	2010-07-21 06:14	balance	Deposit										5,000.00	0
29582715	2010-07-29 04:13	buy	0.20	eurusd	1.30630	0.00000	0.00000	2010-08-03 09:55	1.32062	0.00	0.00	-0.60	286.40	143
31654583	2010-09-01 05:00	buy	0.20	eurusd	1.27688	0.00000	0.00000	2010-09-01 23:00	1.27882	0.00	0.00	-0.60	38.80	19
31905676	2010-09-03 08:39	buy	0.20	eurusd	1.28663	0.00000	0.00000	2010-09-16 08:45	1.30536	0.00	0.00	-2.60	374.60	187
32668307	2010-09-17 00:27	buy	0.20	eurusd	1.31213	0.00000	0.00000	2010-09-22 04:11	1.32745	0.00	0.00	-0.60	306.40	153
32983382	2010-09-22 04:45	buy	0.20	eurusd	1.32982	0.00000	0.00000	2010-09-23 03:19	1.33836	0.00	0.00	-0.60	170.80	85
View full statement
55663039	2011-09-15 05:59	buy	0.20	eurusd	1.38067	0.00000	0.00000	2011-09-15 09:28	1.38805	0.00	0.00	0.00	147.60	74
55676942	2011-09-15 09:28	buy	0.20	eurusd	1.38802	0.00000	0.00000	2011-09-19 09:20	1.36302	0.00	0.00	1.16	-500.00	-250
56036184	2011-09-22 05:12	sell	0.20	eurusd	1.34917	0.00000	0.00000	2011-09-22 09:08	1.34428	0.00	0.00	0.00	97.80	49
57303835	2011-10-07 08:30	buy	0.20	eurusd	1.34961	0.00000	0.00000	2011-10-11 04:41	1.36160	0.00	0.00	1.16	239.80	120
57446489	2011-10-12 04:16	buy	0.20	eurusd	1.37304	0.00000	0.00000	2011-10-12 07:51	1.37597	0.00	0.00	0.00	58.60	29
57602731	2011-10-17 04:01	buy	0.20	eurusd	1.39035	0.00000	0.00000	2011-10-25 08:17	1.39046	0.00	0.00	4.63	2.20	1
58039785	2011-10-27 03:05	buy	0.20	eurusd	1.40316	0.00000	0.00000	2011-10-28 06:23	1.41425	0.00	0.00	0.58	221.80	111
										0.00	0.00	2.21	1,186.20	-9
										Closed P/L:			1,188.41

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
57461232	2011-10-12 08:42	buy	0.20	eurusd	1.37837	0.00000	0.00000	1.33488	0.00	0.00	34.71	-869.80	-435
59519717	2011-11-30 08:00	buy	0.20	eurusd	1.35164	0.00000	0.00000	1.33488	0.00	0.00	6.36	-335.20	-168
									0.00	0.00	41.07	-1,205.00	-603
									Floating P/L:			-1163.93

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:	1,188.41	Floating P/L:	-1,163.93	Margin:	546.00
Balance:	6,188.41	Equity:	5,024.48	Free Margin:	4,478.48

Details:

Gross Profit:	4,922.07	Gross Loss:	-3,733.66	Total Net Profit:	1,188.41
Profit Factor:	-1.32	Expected Payoff:	23.77
Absolute Drawdown:	0.00	Maximal Drawdown:	1,428.21 (20.69%)	Relative Drawdown:	20.69% (1,428.21)
Total Trades:	50	Short Positions (won %):	7 (85.71%)	Long Positions (won %):	43 (81.40%)
		Profit Trades (% of total):	41 (82.00%)	Loss trades (% of total):	9 (18.00%)
Largest		profit trade:	502.26	loss trade:	-584.95
Average		profit trade:	120.05	loss trade:	-414.85
Maximum		consecutive wins ($):	11 (1,031.95)	consecutive losses ($):	2 (-1,009.57)
Maximal		consecutive profit (count):	1,172.00 (5)	consecutive loss (count):	-1,009.57 (2)
Average		consecutive wins:	5	consecutive losses:	1

Forex Euro System Demo Account Stopped test

Statement FXPRO Financial Services Ltd

Closed Transactions:

Open Trades:

Working Orders:

Summary:

Details:

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 20.69%

Trading Days of the Month

Trading Days of the Week

Simulator