Pattern Trader Demo Account Stopped test

by ForexCPT.com Site closed
-6.73% WEEKLY · 35.6 weeks
Average Pips per Week:
-97 (Gross Pips: -3,456)
Average P/L per Week:
-6.75% (Gross P/L: -91.63%)
Maximum Equity used:
124.78% (Mar 16, 2012, 8:04:00 AM)
Test started:
Jan 26, 2012
Test Stopped:
Oct 2, 2012 (Tested 35.6 weeks)
Crashed & Burned

We appreciate ForexCPT.com providing a copy of their EA for ForexPeaceArmy.com testing!

10.02.12 Pattern Trader Demo Test stopped.

02.22.12 Pattern Trader updated to v1.48
01.26.12 Pattern Trader GBPUSD Package installed on GBPUSD H1 chart with default settings...

Developer Descriptions: Our system generates trade signals when chart patterns completed (breakout detected) or reversal detected. For each trade signal, our system initially tries to open two market orders. One of the market orders, has a stop loss almost equal to take profit and the other has a stop loss almost equal to one third of take profit. Take profit and stop loss levels are set by considering the price levels predicted by our system.