Forex Robot No Loss Demo Account Stopped test

by ForexRobotNoLoss.com

• Site closed

-2.25% WEEKLY · 54.4 weeks

Average Pips per Week:

-94 (Gross Pips: -5,588)

Average P/L per Week:

-2.06% (Gross P/L: -71.08%)

Maximum Equity used:

70.35% (Mar 21, 2012, 4:17:00 AM)

Test started:

Mar 4, 2011

Test Stopped:

Mar 19, 2012 (Tested 54.4 weeks)

Metatrader Expert Advisor

Crashed & Burned, Multiple Statements Available, Voluntarily Quit

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

03.03.11 We have to restart our Demo Test with the different broker as IBFX demo expired... See Old demo at drop-down menu below (it made +7.7% for 61.5 weeks)...
12.28.09 We have to restart our Demo Test with the different broker as our Alpari UK demo account #1269350 got disabled. Possibly the reason why it was disabled lies in multiple open trades that got accumulated over 5.8 testing weeks and it took too much resources on Alpari UK servers, who knows While there is a possibility that many of the open trades could be closed with profit at a later date, at the moment account got disabled Forex Robot No Loss was -7.67% down on equity (-1.52% average equity lost weekly).

11.18.09 No Loss Robot might become an answer to the prayers of the users of extremely popular and highly rated HAS MTF Robot by Don Steinitz.

As you can see, we also extensively tested it without conclusive results… The EA has innumerable parameters for the fine tune up and Don’s position is “I am giving you a powerful tool – it’s up to you to make it work”. And apparently there are enough traders out there who could do it, not us :-(

No Loss Robot with its “pick 10 pairs with the spread of 5 pip or less and the robot will do everything else” thus would perfectly fit “Don Steinitz for Dummies” series.

For our test the pairs are: EURUSD, USDCHF, GBPUSD, AUDUSD, EURJPY, USDJPY, GBPJPY, USDCAD, EURGBP, GBPCHF

I would only ask Don either upgrade the web hosting or provide user manuals in readable format- video instructions are nearly impossible to watch.

Statement Interbank FX, LLC

Account:

Name:

Currency:

USD

Date:

Apr 17, 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
109178	2011-03-03 16:01	balance	Deposit										5,000.00	0
109303	2011-03-04 00:13	sell	0.05	usdchfvi	0.93075	0.92875	0.91575	2011-03-04 03:35	0.92875	0.00	0.00	0.00	10.77	20
109197	2011-03-03 17:04	buy	0.05	eurusdvi	1.39653	0.00000	1.40023	2011-03-04 05:32	1.39907	0.00	0.00	0.00	12.70	25
109394	2011-03-04 03:35	sell	0.05	usdchfvi	0.92857	0.92657	0.91357	2011-03-04 06:36	0.92657	0.00	0.00	0.00	10.79	20
109698	2011-03-04 06:36	sell	0.05	usdchfvi	0.92632	0.92432	0.91132	2011-03-04 07:13	0.92432	0.00	0.00	0.00	10.82	20
109250	2011-03-03 19:04	sell	0.05	usdcadvi	0.97269	0.97069	0.96519	2011-03-04 08:45	0.97069	0.00	0.00	0.00	10.30	20
View full statement
241787	2011-10-30 15:13	sell	0.04	usdjpyvi	75.72	0.00	75.50	2012-04-01 15:00	82.99	0.00	0.00	-17.16	-350.30	-727
273429	2012-04-01 15:05	buy	0.01	gbpjpyvi	132.94	0.00	133.16	2012-04-01 17:58	133.14	0.00	0.00	0.00	2.31	19
273771	2012-04-08 17:12	buy	0.01	gbpchfvi	1.45859	0.00000	1.46079	2012-04-11 12:19	1.46016	0.00	0.00	-0.08	1.71	16
271257	2012-02-29 07:24	buy	0.02	audusdvi	1.08291	0.00000	1.08511	2012-04-15 16:11	1.03558	0.00	0.00	8.87	-94.66	-473
273976	2012-04-11 13:10	buy	0.01	gbpchfvi	1.45956	0.00000	1.46176	2012-04-15 17:38	1.46176	0.00	0.00	-0.20	2.38	22
274102	2012-04-15 19:30	buy	0.01	gbpchfvi	1.46113	0.00000	1.46333	2012-04-15 23:38	1.46333	0.00	0.00	0.00	2.38	22
273514	2012-04-02 18:46	sell	0.01	usdcadvi	0.98975	0.00000	0.98755	2012-04-17 07:23	0.98755	0.00	0.00	-0.12	2.23	22
										0.00	0.00	-437.63	-1,068.17	-5,588
										Closed P/L:			-1,505.80

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
202071	2011-08-09 12:54	sell	0.07	usdchfvi	0.71746	0.00000	0.71526	0.91600	0.00	0.00	-57.83	-1,517.23	-1985
262625	2012-01-08 16:12	sell	0.02	eurgbpvi	0.82271	0.00000	0.82051	0.82379	0.00	0.00	-11.09	-3.44	-11
263699	2012-01-13 08:19	sell	0.03	gbpusdvi	1.52911	0.00000	1.52691	1.59321	0.00	0.00	-17.43	-192.30	-641
267547	2012-02-02 10:30	sell	0.02	eurjpyvi	100.04	0.00	98.92	106.81	0.00	0.00	-10.57	-166.33	-677
270115	2012-02-16 05:48	sell	0.02	eurusdvi	1.30017	0.00000	1.29797	1.31215	0.00	0.00	-6.62	-23.96	-120
273439	2012-04-01 19:06	buy	0.01	gbpjpyvi	133.09	0.00	133.31	129.64	0.00	0.00	-0.64	-42.38	-345
274197	2012-04-17 02:23	buy	0.01	gbpchfvi	1.45704	0.00000	1.47204	1.45871	0.00	0.00	-0.04	1.82	17
274225	2012-04-17 17:27	sell	0.01	usdcadvi	0.98900	0.00000	0.98680	0.98915	0.00	0.00	0.00	-0.15	-1
									0.00	0.00	-104.22	-1,943.97	-3764
									Floating P/L:			-2048.19

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:	-1,505.80	Floating P/L:	-2,048.19	Margin:	58.87
Balance:	3,494.20	Equity:	1,446.01	Free Margin:	1,387.14

Details:

Gross Profit:	6,223.54	Gross Loss:	-7,729.34	Total Net Profit:	-1,505.80
Profit Factor:	-0.81	Expected Payoff:	-2.31
Absolute Drawdown:	1,512.47	Maximal Drawdown:	5,348.61 (60.53%)	Relative Drawdown:	60.53% (5,348.61)
Total Trades:	652	Short Positions (won %):	450 (97.78%)	Long Positions (won %):	202 (94.55%)
		Profit Trades (% of total):	631 (96.78%)	Loss trades (% of total):	21 (3.22%)
Largest		profit trade:	91.88	loss trade:	-2,190.16
Average		profit trade:	9.86	loss trade:	-368.06
Maximum		consecutive wins ($):	146 (1,451.10)	consecutive losses ($):	4 (-1,057.09)
Maximal		consecutive profit (count):	1,451.10 (146)	consecutive loss (count):	-2,349.10 (2)
Average		consecutive wins:	45	consecutive losses:	2

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 60.53%

Recorded on Apr 17, 2012 7:23:00 AM Broker Time

Average trade length: 106 hours, 2 minutes, 45 seconds

Average trades opened daily/weekly/monthly: 4/15/54

Trading Days of the Month

Trading Days of the Week

Simulator

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Additional Statements

Old 61.5 weeks Demo Test \| 0.13% weekly