MtForexRobot Demo Account Stopped test

by MTFxRobot.com

SCAM

• Site closed

-2.33% WEEKLY · 24.3 weeks

Average Pips per Week:

-47 (Gross Pips: -1,130)

Average P/L per Week:

-2.33% (Gross P/L: -43.55%)

Maximum Equity used:

47.08% (Mar 4, 2012, 11:33:00 PM)

Test started:

Sep 27, 2011

Test Stopped:

Mar 16, 2012 (Tested 24.3 weeks)

Metatrader Expert Advisor

Multiple Statements Available

Test Stopped. There is an FPA Scam Finding against this company. Click here to read about it.

09.31.11 MtForexRobot updated to v2.3 New: default risk now is 0.6 (was 0.9)...
09.27.11 MtForexRobot Demo test restarted with another broker as per developer's request, as you can see the previous test was profitable as well, but apparently tranding with the recomended broker should further increase the performance.
09.06.11 MtForexRobot updated to new v2.2
08.08.11 MtForexRobot updated to v2.2
08.03.11 MtForexRobot installed on EURUSD, GBPUSD and EURGBP H1 charts with default settings...

Developer Description: MetaiForexRobot scalping strategy is not a ‘traditional’ scalping method where traders play within the spread (difference between the buy and sell prices) making hundreds of small trades in a short period of time. Such systems are very unstable and are not allowed by most brokers. MetaiForexRobot scalper strategy is very safe because it uses advanced stoploss system and a complex algorithm monitors. MetaiForexRobot can monitor their trades and end trading at the right time.

Statement Alfa Digital LLP

Account:

Name:

Currency:

USD

Date:

Mar 16, 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
16991504	2011-09-27 15:39	balance	Deposit										5,000.00	0
16991712	2011-09-27 15:46	buy	0.31	gbpusd	1.56380	1.56320	1.56410	2011-09-27 15:46	1.56320	0.00	0.00	0.00	-18.60	-6
16991731	2011-09-27 15:46	buy	0.93	gbpusd	1.56340	1.56280	1.56370	2011-09-27 15:49	1.56280	0.00	0.00	0.00	-55.80	-6
16991715	2011-09-27 15:46	buy	0.25	eurusd	1.36010	1.35610	1.36250	2011-09-27 23:19	1.35610	0.00	0.00	0.08	-100.00	-40
16993584	2011-09-27 23:19	buy	0.75	eurusd	1.35640	1.35240	1.35880	2011-09-28 02:25	1.35880	0.00	0.00	0.00	180.00	24
16991996	2011-09-27 15:59	buy	2.79	gbpusd	1.56320	1.55720	1.56660	2011-09-28 03:15	1.56660	0.00	0.00	0.56	948.60	34
View full statement
18206484	2012-03-09 09:11	buy	0.18	gbpusd	1.56700	1.56100	1.57040	2012-03-09 09:41	1.57040	0.00	0.00	0.00	61.20	34
18205882	2012-03-09 08:04	buy	0.10	eurusd	1.31330	1.30930	1.31570	2012-03-11 20:07	1.30930	0.00	0.00	0.03	-40.00	-40
18208370	2012-03-11 20:07	buy	0.30	eurusd	1.30950	1.30550	1.31190	2012-03-12 04:08	1.31190	0.00	0.00	0.00	72.00	24
18205890	2012-03-09 08:04	buy	0.05	eurgbp	0.83530	0.83080	0.83760	2012-03-12 05:22	0.83760	0.00	0.00	0.02	18.01	23
18206773	2012-03-09 09:41	buy	0.06	gbpusd	1.57080	1.56480	1.57420	2012-03-12 05:51	1.56480	0.00	0.00	0.01	-36.00	-60
18210393	2012-03-12 05:51	buy	0.18	gbpusd	1.56490	1.55890	1.56830	2012-03-13 09:09	1.56830	0.00	0.00	0.04	61.20	34
18242717	2012-03-16 08:40	sell	0.10	eurusd	1.31460	1.31860	1.31220	2012-03-16 09:30	1.31860	0.00	0.00	0.00	-40.00	-40
										0.00	0.00	-29.32	-2,159.93	-1,130
										Closed P/L:			-2,189.25

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
18242705	2012-03-16 08:40	sell	0.07	gbpusd	1.58510	1.59110	1.58170	1.58380	0.00	0.00	-0.06	9.10	13
18242725	2012-03-16 08:40	sell	0.06	eurgbp	0.82920	0.83370	0.82690	0.83140	0.00	0.00	-0.08	-20.91	-22
18243418	2012-03-16 09:30	sell	0.30	eurusd	1.31860	1.32260	1.31620	1.31780	0.00	0.00	-0.48	24.00	8
									0.00	0.00	-0.62	12.19	-1
									Floating P/L:			11.57

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:	-2,189.25	Floating P/L:	11.57	Margin:	146.36
Balance:	2,810.75	Equity:	2,822.32	Free Margin:	2,675.96

Details:

Gross Profit:	34,467.85	Gross Loss:	-36,657.10	Total Net Profit:	-2,189.25
Profit Factor:	-0.94	Expected Payoff:	-8.32
Absolute Drawdown:	3,131.84	Maximal Drawdown:	9,260.00 (151.11%)	Relative Drawdown:	83.21% (9,260.00)
Total Trades:	263	Short Positions (won %):	113 (58.41%)	Long Positions (won %):	150 (56.67%)
		Profit Trades (% of total):	151 (57.41%)	Loss trades (% of total):	112 (42.59%)
Largest		profit trade:	1,931.20	loss trade:	-4,199.82
Average		profit trade:	228.26	loss trade:	-327.30
Maximum		consecutive wins ($):	18 (1,068.66)	consecutive losses ($):	6 (-3,166.47)
Maximal		consecutive profit (count):	2,300.40 (2)	consecutive loss (count):	-6,238.66 (4)
Average		consecutive wins:	3	consecutive losses:	2

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 151.11%

Recorded on Mar 16, 2012 9:30:00 AM Broker Time

Average trade length: 12 hours, 20 minutes, 32 seconds

Average trades opened daily/weekly/monthly: 0/5/21

Trading Days of the Month

Trading Days of the Week

Simulator

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Additional Statements

Old 7.8 weeks Demo Test \| 0.11% weekly