Fxwitcher EA Real Account Stopped test

by FxWitcher.com Site closed
+0.35% WEEKLY · 53.6 weeks
Average Pips per Week:
-66 (Gross Pips: -3,859)
Average P/L per Week:
-0.47% (Gross P/L: -24.39%)
Maximum Equity used:
39.42% (Nov 1, 2013, 3:18:00 AM)
Test started:
Aug 16, 2013
Test Stopped:
Aug 26, 2014 (Tested 53.6 weeks)
Abandoned Test

We appreciate FxWitcher.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 FxWitcher.com support. The FPA is monitoring this EA using the investor password and has no access to the settings being used.

2014-10-02 Fxwitcher EA abandoned. Website is down. Company seems to be out of business.

2013-08-28 Fxwitcher EA Real Test started with help of Investor Access...

Description: Forex Witcher is a a hybrid of Scalper and Grid trade system with very low risks: the first level order is opened by our unique indicators. The first level order has its hidden TP price and the order will be closed if the market price hits its hidden TP price. Then the next new first level order will be placed again if the entry signal appears from our indicators. The second level order will be placed and added to the new basket if the movement of the market price is opposite dynamic grid pips (minimum from 12 pips) to the first level order’s price. Each new level of the basket, starting with the second level, will be opened with an increased lot size by applying the user selectable low multiplier (default setting is 1.25).