MetaPRO Forex Demo Account Stopped test

by MetaPROForex.com

• Site closed

-4.55% WEEKLY · 62.7 weeks

Average Pips per Week:

-30 (Gross Pips: -1,893)

Average P/L per Week:

-4.55% (Gross P/L: -94.60%)

Maximum Equity used:

23.45% (Dec 29, 2011, 2:50:00 PM)

Test started:

Nov 17, 2010

Test Stopped:

Jan 31, 2012 (Tested 62.7 weeks)

Metatrader Expert Advisor

Crashed & Burned

MetaPro Forex Expert Advisor is a courtesy of www.MetaProForex.com!

2011-02-09 NOTE: The FPA's copy missed some profitable trades due to our .SET file being out of date. That problem has now been corrected with the new "Swing-Max" setting enables MetaPRO to function with full freedom to swing trade and also uses hidden SL and Trailing SL. We are looking forward to seeing how it is going to perform now.

04.19.11 MetaPRO Forex upgraded to v3.02
12.27.10 MetaPRO Forex upgraded to v2.0
11.17.10 MetaPRO Forex installed on EURUSD H1 chart with default settings...

From EA manual: Do not modify orders placed by MetaPRO Forex manually. This will modify the ticket number of the order and MetaPRO Forex will not be able to monitor or close the order.
EA developers must know that order modifications don't change ticket and magic numbers! :)

MetaPRO Forex is a swing trading software which captures the large movements of trending markets effortlessly. MetaPRO has an unique algorithm which seamlessly transforms it into scalping robot in ranging markets. Most forex traders fail because they fall prey to the human emotions of fear and greed. However, trading with MetaPRO Forex removes these emotions so that trading can be executed purely on a logical basis. Usually a trader will hold on to a trade in an effort to grab that last pip of profit even when his/her logical mind tells to exit. Conversely, many times a trade is closed prematurely out of fear, leaving profits on the table. MetaPRO Forex has a plan, sticks to it without regard to outside influences, and does this 24 hours a day during market hours. MetaPRO Forex watches the market for you and will execute trades based on the best of time tested strategies to sucessfully follow trends and catch reversals. Also it monitors the indicators in multiple timeframes and makes suitable decisions instantly. The core principle is to let the profits run and cut losses early. MetaPRO Forex also maintains an entry risk reward ratio of 1:3 consistently.

Statement FXPRO Financial Services Ltd

Account:

Name:

Currency:

USD

Date:

Jan 30, 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
36987066	2010-11-17 12:59	balance	Deposit										5,000.00	0
36987290	2010-11-17 13:07	buy	0.50	eurusd	1.35328	1.32828	1.38140	2010-11-22 07:00	1.36649	0.00	0.00	-2.50	660.50	132
37355247	2010-11-24 04:00	sell	0.60	eurusd	1.33169	1.35669	1.33276	2010-11-24 13:10	1.33276	0.00	0.00	0.00	-64.20	-11
37522449	2010-11-28 18:00	sell	0.60	eurusd	1.32373	1.34873	1.27373	2010-11-29 02:00	1.33020	0.00	0.00	0.00	-388.20	-65
37554677	2010-11-29 05:00	sell	0.50	eurusd	1.31963	1.34463	1.26963	2010-12-01 02:00	1.30466	0.00	0.00	-1.30	748.50	150
37749669	2010-12-01 08:00	buy	0.60	eurusd	1.31308	1.28808	1.36308	2010-12-02 08:00	1.30786	0.00	0.00	-1.80	-313.20	-52
View full statement
61067306	2012-01-16 21:03	buy	0.10	eurusd	1.27321	1.24821	1.32321	2012-01-20 06:11	1.29165	0.00	0.00	1.44	184.40	184
61259157	2012-01-22 21:00	sell	0.10	eurusd	1.28842	1.31342	1.28342	2012-01-23 05:08	1.29874	0.00	0.00	0.00	-103.20	-103
61306949	2012-01-23 23:00	buy	0.10	eurusd	1.29983	1.29995	1.30483	2012-01-24 02:48	1.29995	0.00	0.00	0.00	1.20	1
61356455	2012-01-25 00:00	buy	0.10	eurusd	1.30231	1.27731	1.30731	2012-01-25 05:00	1.29660	0.00	0.00	0.00	-57.10	-57
61415693	2012-01-26 04:14	buy	0.10	eurusd	1.31573	1.29073	1.36573	2012-01-26 15:00	1.31018	0.00	0.00	0.00	-55.50	-56
61469852	2012-01-27 05:01	buy	0.10	eurusd	1.31555	1.29055	1.36555	2012-01-30 03:01	1.31438	0.00	0.00	0.29	-11.70	-12
61519772	2012-01-30 07:00	sell	0.10	eurusd	1.31118	1.33618	1.26118	2012-01-30 19:00	1.31599	0.00	0.00	-0.54	-48.10	-48
										0.00	0.00	-76.95	-4,652.10	-1,893
										Closed P/L:			-4,729.05

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
61546375	2012-01-30 19:00	buy	0.10	eurusd	1.31599	1.29099	1.36599	1.31589	0.00	0.00	0.00	-1.00	-1
									0.00	0.00	0.00	-1.00	-1
									Floating P/L:			-1

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:	-4,729.05	Floating P/L:	-1.00	Margin:	131.60
Balance:	270.95	Equity:	269.95	Free Margin:	138.35

Details:

Gross Profit:	19,506.93	Gross Loss:	-24,235.98	Total Net Profit:	-4,729.05
Profit Factor:	-0.80	Expected Payoff:	-14.51
Absolute Drawdown:	4,854.04	Maximal Drawdown:	5,888.44 (97.58%)	Relative Drawdown:	97.58% (5,888.44)
Total Trades:	326	Short Positions (won %):	155 (33.55%)	Long Positions (won %):	171 (43.27%)
		Profit Trades (% of total):	126 (38.65%)	Loss trades (% of total):	200 (61.35%)
Largest		profit trade:	1,002.57	loss trade:	-600.60
Average		profit trade:	154.82	loss trade:	-121.18
Maximum		consecutive wins ($):	5 (553.31)	consecutive losses ($):	9 (-494.84)
Maximal		consecutive profit (count):	1,002.57 (1)	consecutive loss (count):	-1,765.48 (8)
Average		consecutive wins:	2	consecutive losses:	3

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 97.58%

Recorded on Jan 30, 2012 7:00:00 PM Broker Time

Average trade length: 19 hours, 12 minutes, 19 seconds

Average trades opened daily/weekly/monthly: 2/6/27

Trading Days of the Month

Trading Days of the Week

Simulator

Run simulator

MetaPROForex.com Performance tests

Status	Account	Product	P/L Weekly,%	Weeks tested	P/L Gross,%
		FxCore Scalper	-1.59	49.9	-55.087
		EMALGO by MetaProForex	-1.17	33.2	-32.366

Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.