MFM3 Real Account Stopped test

by MFM-Labs.org

• Site closed

+0.58% WEEKLY · 27.1 weeks

Average Pips per Week:

+4 (Gross Pips: +121)

Average P/L per Week:

-100.00% (Gross P/L: -100.00%)

Maximum Equity used:

45.19% (Aug 11, 2014, 1:19:00 AM)

Test started:

Feb 4, 2014

Test Stopped:

Aug 14, 2014 (Tested 27.1 weeks)

Metatrader Expert Advisor

Abandoned Test

We appreciate MFM3.net sharing their EA performance on a LIVE account with ForexPeaceArmy.com traders community!

Please address ALL questions regarding the settings of this EA to MFM3.net support. The FPA is monitoring this EA using the investor password and has no access to the settings being used.

2014-08-20 MFM3 Real Test abandoned. Balance was all withdrawn without notifying the FPA.

2014-03-04 MFM3 Real Test started with help of Investor Access.

Description: My EA trades 8 different pairs, and uses the same strategy in all 8 pairs. This EA does not use a martingale strategy, or multiply risk in any way. It does not take more than 1 trade per pair, and will never risk more than around 10%. My EA does not require hedging or leverage higher than 50:1. The minimum recommended account balance is $1,000 for a standard lot account, and $100 for a micro lot account. Any non-desk dealing broker with a reasonable spread and fast execution will do fine.

Statement FX Choice Limited

Account:

**hidden

Name:

MFM3 Real Test by ForexPeaceArmy

Currency:

USD

Date:

Aug 20, 2014

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
4505006	2014-02-04 15:13	balance	Trs from #26779 (ID 53459)										24.54	0
4505013	2014-02-04 15:14	balance	Card (ID 53460)										25.46	0
4505082	2014-02-04 16:00	buy	0.02	gbpchf	1.47587	1.46787	1.47667	2014-02-04 16:45	1.47601	0.00	0.00	0.00	0.31	1
4505079	2014-02-04 16:00	buy	0.02	cadchf	0.81578	0.81128	0.81638	2014-02-04 16:50	0.81602	0.00	0.00	0.00	0.53	2
4505130	2014-02-04 16:49	buy	0.02	eurcad	1.49714	1.48914	1.49794	2014-02-04 17:33	1.49714	0.00	0.00	0.00	0.00	0
4505098	2014-02-04 16:13	buy	0.02	eurgbp	0.82772	0.82122	0.82832	2014-02-04 17:38	0.82774	0.00	0.00	0.00	0.07	0
View full statement
4837352	2014-08-11 17:00	buy	0.02	gbpcad	1.83414	1.82614	0.00000	2014-08-11 19:52	1.83413	0.00	0.00	0.00	-0.02	-0
4839062	2014-08-12 17:16	buy	0.02	eurcad	1.46023	1.45273	1.46103	2014-08-12 18:01	1.46048	0.00	0.00	0.00	0.46	3
4839050	2014-08-12 17:00	buy	0.02	gbpchf	1.52585	1.51785	1.52585	2014-08-12 22:01	1.52555	0.00	0.00	0.00	-0.67	-3
4840941	2014-08-13 17:00	buy	0.02	gbpcad	1.82169	1.81369	0.00000	2014-08-13 18:36	1.82192	0.00	0.00	0.00	0.42	2
4840937	2014-08-13 17:00	buy	0.02	eurcad	1.45877	1.45127	1.45877	2014-08-13 18:37	1.45873	0.00	0.00	0.00	-0.07	-0
4840945	2014-08-13 17:00	buy	0.02	usdcad	1.09149	1.08349	1.09149	2014-08-13 20:26	1.09154	0.00	0.00	0.00	0.09	0
4842222	2014-08-14 10:12	balance	Trs to #30757 (ID 74126)										-54.34	0
										0.00	0.00	-0.45	-15.91	121
										Closed P/L:			-16.36

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:	16.36	Credit Facility:
Closed Trade P/L:	-16.36	Floating P/L:	Margin:	0.00
Balance:	0.00	Equity:	Free Margin:	0.00

Details:

Gross Profit:	173.56	Gross Loss:	-189.92	Total Net Profit:	-16.36
Profit Factor:	-0.91	Expected Payoff:	-0.05
Absolute Drawdown:	17.26	Maximal Drawdown:	88.57 (40.26%)	Relative Drawdown:	40.26% (88.57)
Total Trades:	358	Short Positions (won %):	0 (0.00%)	Long Positions (won %):	358 (70.67%)
		Profit Trades (% of total):	253 (70.67%)	Loss trades (% of total):	105 (29.33%)
Largest		profit trade:	5.08	loss trade:	-27.51
Average		profit trade:	0.69	loss trade:	-1.81
Maximum		consecutive wins ($):	18 (24.36)	consecutive losses ($):	7 (-52.49)
Maximal		consecutive profit (count):	24.36 (18)	consecutive loss (count):	-52.49 (7)
Average		consecutive wins:	4	consecutive losses:	1

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 40.26%

Recorded on Aug 14, 2014 10:12:00 AM Broker Time

Average trade length: 2 hours, 7 minutes, 2 seconds

Average trades opened daily/weekly/monthly: 3/13/51

Trading Days of the Month

Trading Days of the Week

Simulator

Run simulator

MFM-Labs.org Performance tests

Status	Account	Product	P/L Weekly,%	Weeks tested	P/L Gross,%
		MFM4	+0.48	159.9	+115.617

Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.