Range Trader Demo Account Stopped test

by Range-Trader.com • Site closed

-22.32% WEEKLY · 9 weeks

Average Pips per Week:

-856 (Gross Pips: -9,162)

Average P/L per Week:

-19.14% (Gross P/L: -89.70%)

Maximum Equity used:

78.94% (May 8, 2012, 9:04:00 PM)

Test started:

Mar 6, 2012

Test Stopped:

May 9, 2012 (Tested 9 weeks)

Metatrader Expert Advisor

Crashed & Burned

We appreciate Range-Trader.com sharing their EA performance on a demo account with ForexPeaceArmy.com traders community!

Please address ALL questions regarding the settings of this EA to support. The FPA is monitoring this EA using the investor password and has no access to the settings being used.

04.19.12 Range Trader Demo test started with help of Investor Access...

Descriptions: Forex trading is a challenge for a large number of people. While all traders are fascinated by potentials of market and would love to have a share in it, many end up losing money due to using wrong systems, lack of education and etc. As a simple concept in any financial market, there is always a downtrend after an uptrend and an uptrend following a downtrend. Therefore range trading could simply step in and generates profit. The Expert Advisor that is offered on this website has the ability to range trade in the direction of trend of the trending pairs and harvest the ranges of ranging currency pairs which is clear in the pictures above. Our goal is not to create a huge profit one month and lose it all and even more the next month. Our goal is steady yet low profit. It is simply impossible to have a high profit target and expect consistency because the more aggressive you target profit, the more chances of loss are when market moves on the opposite direction.

Statement FinFx Trading Oy

Account:

Name:

Currency:

USD

Date:

May 20, 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
13824741	2012-03-06 14:30	balance	Deposit										10,000.00	0
13824955	2012-03-06 14:50	buy	0.05	gbpaudm	1.48943	0.00000	0.00000	2012-03-06 18:34	1.49346	0.00	0.00	-1.25	21.20	40
13824804	2012-03-06 14:39	buy	0.05	nzdusdm	0.81240	0.00000	0.00000	2012-03-06 21:22	0.81654	0.00	0.00	0.17	20.70	41
13824770	2012-03-06 14:36	buy	0.05	cadjpym	80.69	0.00	0.00	2012-03-07 10:31	81.09	0.00	0.00	0.05	24.55	40
13824769	2012-03-06 14:36	buy	0.05	audusdm	1.05464	0.00000	0.00000	2012-03-07 11:07	1.05870	0.00	0.00	0.38	20.30	41
13824775	2012-03-06 14:37	sell	0.05	usdcadm	1.00106	0.00000	0.00000	2012-03-08 00:28	0.99612	0.00	0.00	0.09	24.80	49
View full statement
14859190	2012-04-30 08:04	buy	0.08	cadjpym	81.57	0.00	0.00	2012-05-18 00:54	77.70	0.00	0.00	1.60	-389.28	-386
14945256	2012-05-04 09:45	buy	0.10	nzdusdm	0.79523	0.00000	0.00000	2012-05-18 02:14	0.75605	0.00	0.00	4.74	-391.80	-392
14945259	2012-05-04 09:45	buy	0.09	audusdm	1.01946	0.00000	0.00000	2012-05-18 02:15	0.98066	0.00	0.00	9.54	-349.20	-388
14945258	2012-05-04 09:45	buy	0.09	cadjpym	80.53	0.00	0.00	2012-05-18 02:56	77.62	0.00	0.00	1.26	-329.86	-290
14808789	2012-04-26 03:33	sell	0.07	usdchfm	0.90631	0.00000	0.00000	2012-05-18 05:47	0.94619	0.00	0.00	-1.99	-295.04	-399
14808751	2012-04-26 03:32	sell	0.08	usdcadm	0.98092	0.00000	0.00000	2012-05-18 15:04	1.02133	0.00	0.00	0.86	-316.53	-404
14861663	2012-04-30 09:44	sell	0.09	usdcadm	0.98716	0.00000	0.00000	2012-05-18 15:05	1.02036	0.00	0.00	0.83	-292.84	-332
										0.00	0.00	261.34	-9,453.22	-9,162
										Closed P/L:			-9,191.88

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
14555627	2012-04-12 12:02	sell	0.05	euraudm	1.26173	0.00000	0.00000	1.29863	0.00	0.00	16.34	-181.49	-369
14576983	2012-04-13 11:11	sell	0.06	gbpusdm	1.58576	0.00000	0.00000	1.58091	0.00	0.00	-8.59	29.10	49
14623027	2012-04-17 04:34	sell	0.07	gbpusdm	1.59403	0.00000	0.00000	1.58091	0.00	0.00	-9.47	91.84	131
14663075	2012-04-18 10:42	sell	0.08	gbpusdm	1.60194	0.00000	0.00000	1.58091	0.00	0.00	-10.51	168.24	210
14708731	2012-04-20 04:01	sell	0.06	euraudm	1.27390	0.00000	0.00000	1.29863	0.00	0.00	15.28	-145.96	-247
14710693	2012-04-20 04:30	sell	0.09	gbpusdm	1.61071	0.00000	0.00000	1.58091	0.00	0.00	-10.40	268.20	298
View full statement
14952979	2012-05-06 18:00	buy	0.10	eurgbpm	0.80680	0.00000	0.00000	0.80772	0.00	0.00	-4.58	14.54	9
14952995	2012-05-06 18:00	sell	0.10	gbpchfm	1.48852	0.00000	0.00000	1.48709	0.00	0.00	-5.76	15.20	14
14953119	2012-05-06 18:01	sell	0.09	usdchfm	0.92242	0.00000	0.00000	0.94075	0.00	0.00	-1.62	-175.36	-183
14953726	2012-05-06 18:17	buy	0.08	gbpusdm	1.61260	0.00000	0.00000	1.58050	0.00	0.00	-0.56	-256.80	-321
14954496	2012-05-06 18:33	sell	0.07	audusdm	1.01206	0.00000	0.00000	0.98373	0.00	0.00	-17.64	198.31	283
14954541	2012-05-06 18:34	buy	0.07	gbpchfm	1.49445	0.00000	0.00000	1.48659	0.00	0.00	0.72	-58.51	-79
14954570	2012-05-06 18:34	buy	0.07	gbpaudm	1.59404	0.00000	0.00000	1.60690	0.00	0.00	-23.15	88.53	129
									0.00	0.00	-86.32	308.24	-183
									Floating P/L:			221.92

Working Orders:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Market Price

Summary:

Deposit/Withdrawal:	10,000.00	Credit Facility:	0.00
Closed Trade P/L:	-9,191.88	Floating P/L:	221.92	Margin:	942.66
Balance:	808.12	Equity:	1,030.04	Free Margin:	87.38

Details:

Gross Profit:	8,928.31	Gross Loss:	-18,120.19	Total Net Profit:	-9,191.88
Profit Factor:	-0.49	Expected Payoff:	-29.09
Absolute Drawdown:	9,191.88	Maximal Drawdown:	16,217.25 (95.25%)	Relative Drawdown:	95.25% (16,217.25)
Total Trades:	316	Short Positions (won %):	133 (60.90%)	Long Positions (won %):	183 (68.85%)
		Profit Trades (% of total):	207 (65.51%)	Loss trades (% of total):	109 (34.49%)
Largest		profit trade:	265.44	loss trade:	-769.41
Average		profit trade:	43.13	loss trade:	-166.24
Maximum		consecutive wins ($):	22 (517.37)	consecutive losses ($):	41 (-16,436.95)
Maximal		consecutive profit (count):	517.37 (22)	consecutive loss (count):	-16,436.95 (41)
Average		consecutive wins:	4	consecutive losses:	2

Range Trader Demo Account Stopped test

Statement FinFx Trading Oy

Closed Transactions:

Open Trades:

Working Orders:

Summary:

Details:

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 95.25%

Trading Days of the Month

Trading Days of the Week

Simulator