The Forex Maestro Demo Account Stopped test

by TheForexMaestro.com

• Site closed

-24.57% WEEKLY · 13.9 weeks

Average Pips per Week:

-386 (Gross Pips: -5,361)

Average P/L per Week:

-24.57% (Gross P/L: -98.01%)

Maximum Equity used:

0% (Jul 17, 2009, 4:00:00 PM)

Test started:

Mar 12, 2009

Test Stopped:

Jun 17, 2009 (Tested 13.9 weeks)

Metatrader Expert Advisor

07.17.2009 Maestro played a very sad melody burning 98% of demo equity by 06.16, and no trades were placed since then. This test is officially closed now.
06.14.2009 Metatrader platform updated to Build 224
03.12.2009
Purchase and download are simple. I was a bit discouraged by the upsell system. It gives the impression that what you just purchased isn't that good... for additional $$$ you can get more. I liked the installation videos, but user manual is incomplete. For instance,
Percent: 0.1
A very important setting that has great impact on performance.
Small = many trades ...
Large = less trades...
Is default 0.1 large or small? If it's that important I'd like to know more!
As per manual recommendations installed on 4 pairs: EURUSD, 5M; USDCHF, 15M; USDCAD, 30M; EURGBP, 30M

Statement Alpari (US), LLC.

Account:

Name:

Forex Maestro Demo Test by Forex Peace Army

Currency:

USD

Date:

Jul 17, 2009

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
6256582	2009-03-11 17:35	balance	Deposit										5,000.00	0
6295067	2009-03-12 19:00	sell	0.10	eurusd	1.29280	1.32280	1.29020	2009-03-12 19:34	1.29020	0.00	0.00	0.00	26.00	26
6296824	2009-03-12 20:51	sell	0.10	eurusd	1.29200	1.32200	1.28940	2009-03-12 22:51	1.28940	0.00	0.00	0.00	26.00	26
6298527	2009-03-12 23:02	buy	0.10	eurusd	1.29040	1.26040	1.29300	2009-03-13 02:14	1.29300	0.00	0.00	0.00	26.00	26
6295481	2009-03-12 19:19	sell	0.10	eurgbp	0.92700	0.95700	0.92440	2009-03-13 02:51	0.92440	0.00	0.00	0.00	36.39	26
6301485	2009-03-13 02:14	sell	0.10	eurusd	1.29300	1.32300	1.29040	2009-03-13 03:49	1.29040	0.00	0.00	0.00	26.00	26
View full statement
8155517	2009-06-12 02:51	sell	0.10	usdcad	1.10990	1.13990	1.10730	2009-06-12 02:55	1.11010	0.00	0.00	0.00	-1.80	-2
8155658	2009-06-12 03:03	sell	0.10	usdcad	1.11060	1.14060	1.10800	2009-06-12 03:04	1.11100	0.00	0.00	0.00	-3.60	-4
8141593	2009-06-11 11:13	buy	0.10	usdchf	1.07320	1.04320	1.07580	2009-06-12 04:13	1.07580	0.00	0.00	0.06	24.17	26
8156654	2009-06-12 04:13	sell	0.10	usdcad	1.11300	1.14300	1.11040	2009-06-12 06:15	1.11950	0.00	0.00	0.00	-58.06	-65
8155555	2009-06-12 02:55	buy	0.10	eurusd	1.40680	1.37680	1.40940	2009-06-15 00:59	1.39100	0.00	0.00	0.18	-158.00	-158
8175373	2009-06-15 04:30	buy	0.10	eurgbp	0.84780	0.81780	0.85040	2009-06-15 04:30	0.84760	0.00	0.00	0.00	-3.27	-2
8190525	2009-06-15 20:45	buy	0.10	usdchf	1.09380	1.06380	1.09640	2009-06-15 21:49	1.08970	0.00	0.00	0.00	-37.63	-41
										0.00	0.00	-16.95	-4,883.78	-5,361
										Closed P/L:			-4,900.73

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:	-4,900.73	Floating P/L:	0.00	Margin:	0.00
Balance:	99.27	Equity:	99.27	Free Margin:	99.27

Details:

Gross Profit:	12,009.54	Gross Loss:	-16,910.27	Total Net Profit:	-4,900.73
Profit Factor:	-0.71	Expected Payoff:	-8.94
Absolute Drawdown:	4,900.73	Maximal Drawdown:	5,691.74 (98.29%)	Relative Drawdown:	98.29% (5,691.74)
Total Trades:	548	Short Positions (won %):	318 (85.85%)	Long Positions (won %):	230 (81.74%)
		Profit Trades (% of total):	461 (84.12%)	Loss trades (% of total):	87 (15.88%)
Largest		profit trade:	59.22	loss trade:	-448.29
Average		profit trade:	26.05	loss trade:	-194.37
Maximum		consecutive wins ($):	65 (1,644.44)	consecutive losses ($):	7 (-56.24)
Maximal		consecutive profit (count):	1,644.44 (65)	consecutive loss (count):	-1,333.35 (6)
Average		consecutive wins:	14	consecutive losses:	3

The Forex Maestro Demo Account Stopped test

Statement Alpari (US), LLC.

Closed Transactions:

Open Trades:

Working Orders:

Summary:

Details:

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 98.29%

Trading Days of the Month

Trading Days of the Week

Simulator