Forex Twister Demo Account Stopped test
08.13.10 Forex Twister Demo test stopped because Alpari UK account history problems. We aren't planning to restart the test due to the poor performance -48.12% in 36.5 weeks
Reading this EA manual made me visit the Wikipedia, Scalping Definition. I think the authors of Forex Twister should visit this article too and update it as they come up with something never seen before - "a long term scalper", User Manual page 6.
Also "large stop loss is part of the system. And it doesn’t have to trade every day or even every week."
This is a nice twist :-) . However, before judging Twister too harsh let's see how it performs.
12-02-09Parameters was changed to Lots=0.5 StopLoss=1500 TakeProfit=150 Slippage=30 as we saw EA set incorrect pips for 5-digits...
12-01-09 Forex Twister installed on M30 EURUSD with recommended parameters Lots=1.0 StopLoss=150 TakeProfit=15 Slippage=3
Statement Alpari (UK) Ltd.
Closed Transactions:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Close Time | Price Close | Commission | Taxes | Swap | Profit | Pips |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 77898143 | 2009-12-01 18:30 | balance | Deposit | 5,000.00 | 0 | |||||||||
| 78347516 | 2009-12-03 20:00 | sell | 0.50 | eurusd | 1.50617 | 1.52117 | 1.50467 | 2009-12-04 06:30 | 1.50467 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 78833709 | 2009-12-08 03:00 | sell | 0.50 | eurusd | 1.48455 | 1.49955 | 1.48305 | 2009-12-08 03:56 | 1.48305 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 81485729 | 2009-12-23 21:00 | buy | 0.50 | eurusd | 1.43414 | 1.41914 | 1.43564 | 2009-12-23 23:28 | 1.43564 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 83588316 | 2010-01-10 22:00 | buy | 0.50 | eurusd | 1.44994 | 1.43494 | 1.45144 | 2010-01-10 22:46 | 1.45144 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 84257782 | 2010-01-13 21:30 | buy | 0.50 | eurusd | 1.45301 | 1.43801 | 1.45451 | 2010-01-13 22:41 | 1.45451 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| View full statement | ||||||||||||||
| 123791689 | 2010-06-23 03:30 | sell | 0.50 | eurusd | 1.22972 | 1.24472 | 1.22822 | 2010-06-23 03:52 | 1.22822 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 123799142 | 2010-06-23 03:52 | sell | 0.50 | eurusd | 1.22816 | 1.24316 | 1.22666 | 2010-06-23 06:41 | 1.22666 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 126230976 | 2010-07-06 06:30 | buy | 0.50 | eurusd | 1.25719 | 1.24219 | 1.25869 | 2010-07-06 07:16 | 1.25869 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 127428919 | 2010-07-13 04:31 | sell | 0.50 | eurusd | 1.25745 | 1.27245 | 1.25595 | 2010-07-13 10:37 | 1.27245 | 0.00 | 0.00 | 0.00 | -750.00 | -150 |
| 129241085 | 2010-07-22 00:30 | sell | 0.50 | eurusd | 1.27825 | 1.29325 | 1.27675 | 2010-07-22 01:08 | 1.27675 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 129622620 | 2010-07-23 08:13 | buy | 0.50 | eurusd | 1.28499 | 1.26999 | 1.28649 | 2010-07-23 10:36 | 1.28649 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 130703349 | 2010-07-29 19:30 | buy | 0.50 | eurusd | 1.30545 | 1.29045 | 1.30695 | 2010-07-29 23:49 | 1.30695 | 0.00 | 0.00 | 0.00 | 75.00 | 15 |
| 0.00 | 0.00 | -6.15 | -2,400.00 | -479 | ||||||||||
| Closed P/L: | -2,406.15 | |||||||||||||
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: | -2,406.15 | Floating P/L: | 0.00 | Margin: | 0.00 |
| Balance: | 2,593.85 | Equity: | 2,593.85 | Free Margin: | 2,593.85 |
Details:
| Gross Profit: | 3,597.35 | Gross Loss: | -6,003.50 | Total Net Profit: | -2,406.15 |
|---|---|---|---|---|---|
| Profit Factor: | -0.60 | Expected Payoff: | -42.97 | ||
| Absolute Drawdown: | 2,780.75 | Maximal Drawdown: | 3,229.95 (59.27%) | Relative Drawdown: | 59.27% (3,229.95) |
| Total Trades: | 56 | Short Positions (won %): | 23 (91.30%) | Long Positions (won %): | 33 (81.82%) |
| Profit Trades (% of total): | 48 (85.71%) | Loss trades (% of total): | 8 (14.29%) | ||
| Largest | profit trade: | 75.00 | loss trade: | -750.00 | |
| Average | profit trade: | 74.94 | loss trade: | -750.44 | |
| Maximum | consecutive wins ($): | 12 (899.60) | consecutive losses ($): | 1 (-752.20) | |
| Maximal | consecutive profit (count): | 899.60 (12) | consecutive loss (count): | -752.20 (1) | |
| Average | consecutive wins: | 5 | consecutive losses: | 1 | |