Forex Empire S.B Demo Account Stopped test
08.26.10 Forex Empire S.B. didn't show too much action in our 30 week demo test. This would be OK if the trading was profitable. In this case I think it's time to stop the test.
It's always nice when Expert Advisor comes with the manual trading system eBook as this lets you utilize the robot intelligently. According to the Manual Forex Empire S.B is a scalper or "hit and run" advisor built on a few propitiatory indicators and relatively simple entry and exit rules. Enough words, let's see how it makes money :-)
12.16.09 EA does not show any sign of activity or error message. Support request is emailed to developers team.
12.09.09 Forex Empire S.B installed on H1 EURUSD chart with recommended parameters Money Management and Risk=10%
Attention: 5 digit price feed requires manual digits correction documented in the installation guide
Statement Straighthold Investment Group, Inc.
Closed Transactions:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Close Time | Price Close | Commission | Taxes | Swap | Profit | Pips |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37449122 | 2010-01-19 08:22 | balance | Deposit | 5,000.00 | 0 | |||||||||
| 37782482 | 2010-01-28 12:00 | sell | 0.50 | eurusd | 1.39690 | 1.39530 | 1.34690 | 2010-02-01 09:00 | 1.39230 | 0.00 | 0.00 | -5.90 | 230.00 | 46 |
| 38495174 | 2010-02-15 00:00 | sell | 0.52 | eurusd | 1.35910 | 1.37930 | 1.30910 | 2010-02-15 21:00 | 1.36210 | 0.00 | 0.00 | -3.07 | -156.00 | -30 |
| 39928377 | 2010-03-23 07:00 | sell | 0.50 | eurusd | 1.34800 | 1.33850 | 1.29800 | 2010-03-25 11:10 | 1.33850 | 0.00 | 0.00 | -2.95 | 475.00 | 95 |
| 40949216 | 2010-04-22 08:00 | sell | 0.55 | eurusd | 1.33470 | 1.33050 | 1.28470 | 2010-04-23 04:41 | 1.33050 | 0.00 | 0.00 | -3.25 | 231.00 | 42 |
| 41159016 | 2010-04-28 12:01 | sell | 0.57 | eurusd | 1.31290 | 1.33310 | 1.26290 | 2010-04-29 02:00 | 1.32280 | 0.00 | 0.00 | -10.09 | -564.30 | -99 |
| 41882292 | 2010-05-18 14:00 | sell | 0.51 | eurusd | 1.22630 | 1.22450 | 1.17630 | 2010-05-19 08:14 | 1.22450 | 0.00 | 0.00 | -3.01 | 91.80 | 18 |
| 42392485 | 2010-05-26 11:00 | sell | 0.52 | eurusd | 1.22190 | 1.24210 | 1.17190 | 2010-05-27 02:00 | 1.22850 | 0.00 | 0.00 | -9.20 | -343.20 | -66 |
| 42782270 | 2010-06-04 09:00 | sell | 0.49 | eurusd | 1.20490 | 1.19780 | 1.15490 | 2010-06-07 05:34 | 1.19780 | 0.00 | 0.00 | -2.89 | 347.90 | 71 |
| 42855940 | 2010-06-07 17:00 | sell | 0.52 | eurusd | 1.19230 | 1.21250 | 1.14230 | 2010-06-08 12:00 | 1.19940 | 0.00 | 0.00 | 0.00 | -369.20 | -71 |
| 45224601 | 2010-08-03 13:00 | buy | 0.49 | eurusd | 1.32320 | 1.30300 | 1.37320 | 2010-08-04 11:00 | 1.31420 | 0.00 | 0.00 | -0.05 | -441.00 | -90 |
| 45628649 | 2010-08-13 07:00 | sell | 0.44 | eurusd | 1.27980 | 1.30000 | 1.22980 | 2010-08-16 09:00 | 1.28510 | 0.00 | 0.00 | -2.60 | -233.20 | -53 |
| 0.00 | 0.00 | -43.01 | -731.20 | -137 | ||||||||||
| Closed P/L: | -774.21 | |||||||||||||
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: | -774.21 | Floating P/L: | 0.00 | Margin: | 0.00 |
| Balance: | 4,225.79 | Equity: | 4,225.79 | Free Margin: | 4,225.79 |
Details:
| Gross Profit: | 1,357.70 | Gross Loss: | -2,131.91 | Total Net Profit: | -774.21 |
|---|---|---|---|---|---|
| Profit Factor: | -0.64 | Expected Payoff: | -70.38 | ||
| Absolute Drawdown: | 774.21 | Maximal Drawdown: | 1,539.04 (26.70%) | Relative Drawdown: | 26.70% (1,539.04) |
| Total Trades: | 11 | Short Positions (won %): | 10 (50.00%) | Long Positions (won %): | 1 (0.00%) |
| Profit Trades (% of total): | 5 (45.45%) | Loss trades (% of total): | 6 (54.55%) | ||
| Largest | profit trade: | 472.05 | loss trade: | -574.39 | |
| Average | profit trade: | 271.54 | loss trade: | -355.32 | |
| Maximum | consecutive wins ($): | 2 (699.80) | consecutive losses ($): | 3 (-1,046.05) | |
| Maximal | consecutive profit (count): | 699.80 (2) | consecutive loss (count): | -1,046.05 (3) | |
| Average | consecutive wins: | 1 | consecutive losses: | 2 | |