CabEX EA Real Account Stopped test

+0.06% WEEKLY · 89.9 weeks
Average Pips per Week:
+4 (Gross Pips: +421)
Average P/L per Week:
-2.98% (Gross P/L: -94.20%) Including Net Withdrawal of 174
Maximum Equity used:
2.79% (Nov 13, 2014, 12:48:00 AM)
Test started:
Apr 28, 2013
Test Stopped:
Jan 18, 2015 (Tested 89.9 weeks)
Abandoned Test

We appreciate PhiBase.com sharing their EA performance on a LIVE account with ForexPeaceArmy.com traders community!

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

2015-02-15 CabEX EA Real Test abandoned. Balance was all withdrawn without notifying the FPA.

2013-10-21 CabEX EA Real Test started with help of Investor Access.

Description: CabEX is designed to trade GBPUSD on the H1 time frame. The trading strategy is based on elimination of noise by considering only the H1 close for most part of the strategy. Hourly High/Low values are considered for calculating the ranges, but trade management is based on closing values only. This effectively filters away most part of the noise. The startegy is based on price action near moving averages - The EA identifies potential trends and reversals moves. Protective SL is placed on the server side at 300 pips and TP is set at 500 pips. These levels are very rarely allowed to be touched. The EA uses a hidden stoploss at 100 pips. Close below the hidden SL will close the trade. The hidden TP is at 300 pips. The EA has a very dynamic trailing SL system which moves the hidden SL to breakeven when the gain is above 50 pips. When the trade gains 100 pips, the hidden TSL is set to 50 pips. The levels are adjusted for every 50 pips. The EA attempts to give maximum space for the trade to work its way towards higher gains and attain a risk:reward of 1:2 - This is very important part of the startegy.