FxLightBeams Demo Account Stopped test

by FxLightBeams.com • Site closed

-8.12% WEEKLY · 6.3 weeks

Average Pips per Week:

-823 (Gross Pips: -5,267)

Average P/L per Week:

-8.00% (Gross P/L: -41.33%)

Maximum Equity used:

54.5% (Feb 20, 2013, 1:13:00 PM)

Test started:

Jan 6, 2013

Test Stopped:

Feb 20, 2013 (Tested 6.3 weeks)

Metatrader Expert Advisor

Voluntarily Quit

We appreciate FxLightBeams.com sharing their EA performance on a parallel dem account and a LIVE account with ForexPeaceArmy.com traders community! Click here to view LIVE TEST

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

NOTE: This EA doesn't work on NFA regulated brokers because of FIFO rules. The EA has different closing strategy for buy orders and for sell orders, so it cannot close the transaction properly if the broker uses FIFO (First In First Out).

2013-02-20 FxLigthBeams EA demo test stopped per owner's request...

2013-01-10 FxLightBeams EA Demo test started with help of Investor Access...

Description: FX LightBeams it's a medium term expert advisor. Based on its internal indicators the EA will open a position looking for around 30 pips of profit. If the price is moving in the opposite direction after a while it will open another position with the same lot as the previous one waiting for a cumulated TP of approximative 30 pips. The secret is when to open another position if the price is moving in the opposite direction. Well, our team find a strategy which is suitable for almost every Forex symbol, taking into consideration the peculiarity of each pairs. We have tried this strategy for 10 pairs and it works well, no matter how the economic news is or spread fluctuation varies.

Statement Alpari (UK) Ltd.

Account:

Name:

FxLightBeam Demo Test by ForexPeaceArmy

Currency:

USD

Date:

Feb 20, 2013

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
297138352	2013-01-06 14:41	balance	Deposit										2,000.00	0
297140488	2013-01-06 16:29	sell	0.01	gbpjpy	141.92	0.00	0.00	2013-01-06 18:02	141.56	0.00	0.00	0.00	4.13	36
297140304	2013-01-06 16:24	sell	0.01	audjpy	92.66	0.00	0.00	2013-01-06 18:11	92.40	0.00	0.00	0.00	2.96	26
297142020	2013-01-06 17:01	sell	0.01	audusd	1.05031	0.00000	0.00000	2013-01-06 22:27	1.04734	0.00	0.00	0.00	2.97	30
297166309	2013-01-07 00:20	buy	0.01	gbpjpy	140.68	0.00	0.00	2013-01-07 01:08	140.90	0.00	0.00	0.00	2.57	23
297143786	2013-01-06 17:40	buy	0.01	gbpchf	1.48572	0.00000	0.00000	2013-01-07 02:31	1.48872	0.00	0.00	0.00	3.23	30
View full statement
300006105	2013-02-15 11:05	sell	0.01	eurchf	1.23274	0.00000	0.00000	2013-02-20 04:02	1.23322	0.00	0.00	0.00	-0.52	-5
300196140	2013-02-19 13:20	sell	0.01	eurchf	1.23574	0.00000	0.00000	2013-02-20 04:02	1.23323	0.00	0.00	0.00	2.73	25
300197184	2013-02-19 13:38	sell	0.01	audusd	1.03655	0.00000	0.00000	2013-02-20 04:42	1.03358	0.00	0.00	-0.09	2.97	30
300265864	2013-02-20 06:10	buy	0.01	gbpjpy	143.06	0.00	0.00	2013-02-20 06:59	143.28	0.00	0.00	0.00	2.35	22
300291279	2013-02-20 11:30	buy	0.01	gbpjpy	142.99	0.00	0.00	2013-02-20 13:00	143.23	0.00	0.00	0.00	2.56	24
300307145	2013-02-20 13:25	buy	0.01	gbpjpy	142.89	0.00	0.00	2013-02-20 13:47	143.12	0.00	0.00	0.00	2.39	23
300317304	2013-02-20 15:01	buy	0.01	gbpjpy	142.70	0.00	0.00	2013-02-20 18:53	142.92	0.00	0.00	0.03	2.35	22
										0.00	0.00	-4.70	572.16	-5,267
										Closed P/L:			567.46

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
297295651	2013-01-08 03:07	sell	0.01	eurgbp	0.81582	0.00000	0.00000	0.87242	0.00	0.00	0.50	-86.22	-566
297548729	2013-01-10 07:10	sell	0.01	eurgbp	0.81733	0.00000	0.00000	0.87242	0.00	0.00	0.46	-83.92	-551
297557226	2013-01-10 07:55	sell	0.01	eurgbp	0.81960	0.00000	0.00000	0.87242	0.00	0.00	0.46	-80.46	-528
297628607	2013-01-11 02:10	sell	0.01	eurgbp	0.82159	0.00000	0.00000	0.87242	0.00	0.00	0.45	-77.43	-508
297637277	2013-01-11 04:03	sell	0.01	eurgbp	0.82319	0.00000	0.00000	0.87242	0.00	0.00	0.45	-74.99	-492
297658278	2013-01-11 08:09	sell	0.01	eurgbp	0.82633	0.00000	0.00000	0.87242	0.00	0.00	0.45	-70.21	-461
View full statement
300285026	2013-02-20 10:00	buy	0.01	eurusd	1.33701	0.00000	0.00000	1.32861	0.00	0.00	-0.04	-8.40	-84
300289428	2013-02-20 10:50	sell	0.01	usdcad	1.01714	0.00000	0.00000	1.01724	0.00	0.00	0.04	-0.10	-1
300296282	2013-02-20 12:37	buy	0.01	audusd	1.02678	0.00000	0.00000	1.02503	0.00	0.00	0.18	-1.75	-17
300297080	2013-02-20 12:45	buy	0.01	audjpy	96.16	0.00	0.00	96.03	0.00	0.00	0.19	-1.43	-13
300307769	2013-02-20 13:30	buy	0.01	eurusd	1.32898	0.00000	0.00000	1.32861	0.00	0.00	-0.04	-0.37	-4
300310810	2013-02-20 13:56	buy	0.01	audusd	1.02488	0.00000	0.00000	1.02503	0.00	0.00	0.18	0.15	2
300318999	2013-02-20 15:30	buy	0.01	gbpusd	1.52329	0.00000	0.00000	1.52302	0.00	0.00	0.01	-0.27	-3
									0.00	0.00	9.32	-1,403.47	-10533
									Floating P/L:			-1394.15

Working Orders:

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

Summary:

Deposit/Withdrawal:	2,000.00	Credit Facility:	0.00
Closed Trade P/L:	567.46	Floating P/L:	-1,394.15	Margin:	650.22
Balance:	2,567.46	Equity:	1,173.31	Free Margin:	523.09

Details:

Gross Profit:	1,000.71	Gross Loss:	-433.25	Total Net Profit:	567.46
Profit Factor:	-2.31	Expected Payoff:	1.71
Absolute Drawdown:	-4.13	Maximal Drawdown:	70.17 (3.03%)	Relative Drawdown:	3.03% (70.17)
Total Trades:	332	Short Positions (won %):	133 (70.68%)	Long Positions (won %):	199 (77.39%)
		Profit Trades (% of total):	248 (74.70%)	Loss trades (% of total):	84 (25.30%)
Largest		profit trade:	26.65	loss trade:	-24.52
Average		profit trade:	4.04	loss trade:	-5.16
Maximum		consecutive wins ($):	24 (61.07)	consecutive losses ($):	7 (-94.69)
Maximal		consecutive profit (count):	99.53 (8)	consecutive loss (count):	-94.69 (7)
Average		consecutive wins:	5	consecutive losses:	2

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 3.03%

Recorded on Feb 20, 2013 6:53:00 PM Broker Time

Average trade length: 64 hours, 29 minutes, 59 seconds

Average trades opened daily/weekly/monthly: 10/47/166

Trading Days of the Month

Trading Days of the Week

Simulator

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FxLightBeams.com Performance tests

Status	Account	Product	P/L Weekly,%	Weeks tested	P/L Gross,%
		FxLightBeams	-0.55	57.9	-27.444

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