Pip Strider Demo Account Stopped test

by Forex-Goldmine.net

• Site closed

-6.97% WEEKLY · 74.7 weeks

Average Pips per Week:

+4 (Gross Pips: +307)

Average P/L per Week:

-6.97% (Gross P/L: -99.55%)

Maximum Equity used:

86.09% (Oct 14, 2011, 1:00:00 PM)

Test started:

May 28, 2010

Test Stopped:

Nov 2, 2011 (Tested 74.7 weeks)

Metatrader Expert Advisor

Crashed & Burned

This version of Pip Strider is a courtesy of Forex-Goldmine.net

With the new version of Pip Strider developers also made available settings for NFA-brokers. We started the new demo test with the same balance with NFA-broker. Please see and compare its performance HERE

11.02.11 Pip Strider Demo test crushed and burned...
05.12.11 Pip Strider updated to the version 1.29
02.09.11 Pip Strider updated to the version 1.26
10.12.10 Pip Strider updated to the version 1.24
06.17.10 Pip Strider updated to the version 1.17
05.28.10 Pip Strider installed on AUDCAD H1 chart with developers presets. Pip Strider is provided to the FPA courtesy of Forex-Goldmine.net

From EA manual: The PipStrider uses a Martingale method of setting lot sizes for each trade. Normally, the martingale method is frowned upon by experienced traders, because it can be very dangerous. However, we have invented a new exclusive technology that we have chosen to call the Martingale Disrupter which helps protect your account balance. It tames the martingale so to speak, and allows you to use it with much less danger than is normal. While no martingale system is absolutely 100% safe, it is our belief that the methods we use to mitigate the dangers will go a long way to help avoid the usual problems associated with the martingale system.

Statement Go Markets Pty Ltd

Account:

Name:

Currency:

USD

Date:

Nov 2, 2011

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
7332928	2010-05-27 18:34	balance	Deposit										5,000.00	0
7376415	2010-05-28 13:06	buy	0.02	audcad	0.88816	0.00000	0.89220	2010-05-28 15:38	0.89220	0.00	0.00	0.00	7.66	40
7376424	2010-05-28 13:06	sell	0.02	audcad	0.88775	0.00000	0.88780	2010-05-31 05:29	0.88780	0.00	0.00	-0.25	-0.10	-0
7378453	2010-05-28 15:00	sell	0.04	audcad	0.89170	0.00000	0.88780	2010-05-31 05:29	0.88780	0.00	0.00	-0.50	14.86	39
7406227	2010-05-31 05:29	sell	0.02	audcad	0.88743	0.00000	0.88340	2010-05-31 07:45	0.88340	0.00	0.00	0.00	7.73	40
7410163	2010-05-31 07:45	sell	0.02	audcad	0.88287	0.00000	0.87890	2010-05-31 19:36	0.87890	0.00	0.00	-0.25	7.60	40
View full statement
35095449	2011-11-01 02:11	sell	0.01	audcad	1.04422	0.00000	1.04422	2011-11-01 05:29	1.04422	0.00	0.00	0.00	0.00	0
35115430	2011-11-01 03:38	sell	0.02	audcad	1.04707	0.00000	1.04422	2011-11-01 05:29	1.04422	0.00	0.00	0.00	5.63	29
35115449	2011-11-01 03:38	buy	0.04	audcad	1.04727	0.00000	1.06101	2011-11-01 05:29	1.04390	0.00	0.00	0.00	-13.30	-34
35136964	2011-11-01 05:29	buy	0.01	audcad	1.04429	0.00000	1.04729	2011-11-01 08:17	1.04729	0.00	0.00	0.00	2.95	30
35172446	2011-11-01 08:17	buy	0.01	audcad	1.04772	0.00000	1.05072	2011-11-01 10:53	1.05072	0.00	0.00	0.00	2.94	30
35198080	2011-11-01 10:53	buy	0.01	audcad	1.05087	0.00000	1.05387	2011-11-01 12:42	1.05387	0.00	0.00	0.00	2.95	30
35221217	2011-11-01 12:42	buy	0.01	audcad	1.05413	0.00000	1.05713	2011-11-02 01:27	1.05713	0.00	0.00	0.07	2.95	30
										0.00	0.00	-1,743.09	-3,222.87	307
										Closed P/L:			-4,965.96

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
35111658	2011-11-01 03:25	buy	0.02	gbpusd	1.59718	0.00000	0.00000	1.59353	0.00	0.00	0.00	-7.30	-37
35127146	2011-11-01 04:43	sell	0.01	gbpusd	1.59286	0.00000	0.00000	1.59383	0.00	0.00	0.00	-0.97	-10
35136966	2011-11-01 05:29	sell	0.01	audcad	1.04383	0.00000	1.04383	1.04782	0.00	0.00	-0.13	-3.94	-40
35347359	2011-11-02 01:27	sell	0.02	audcad	1.05701	0.00000	1.04383	1.04782	0.00	0.00	0.00	18.13	92
35348178	2011-11-02 01:31	buy	0.01	audcad	1.05699	0.00000	1.05622	1.04741	0.00	0.00	0.00	-9.45	-96
35384093	2011-11-02 04:07	sell	0.02	gbpusd	1.60292	0.00000	0.00000	1.59383	0.00	0.00	0.00	18.18	91
35417617	2011-11-02 05:59	buy	0.02	audcad	1.05394	0.00000	1.05622	1.04741	0.00	0.00	0.00	-12.88	-65
35433027	2011-11-02 06:41	buy	0.04	audcad	1.05069	0.00000	1.05622	1.04741	0.00	0.00	0.00	-12.94	-33
									0.00	0.00	-0.13	-11.17	-97
									Floating P/L:			-11.3

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:	-4,965.96	Floating P/L:	-11.30	Margin:	28.72
Balance:	34.04	Equity:	22.74	Free Margin:	0.00

Details:

Gross Profit:	35,599.38	Gross Loss:	-40,565.34	Total Net Profit:	-4,965.96
Profit Factor:	-0.88	Expected Payoff:	-2.40
Absolute Drawdown:	4,977.82	Maximal Drawdown:	17,944.01 (99.88%)	Relative Drawdown:	99.88% (17,944.01)
Total Trades:	2073	Short Positions (won %):	1006 (59.54%)	Long Positions (won %):	1067 (66.73%)
		Profit Trades (% of total):	1311 (63.24%)	Loss trades (% of total):	762 (36.76%)
Largest		profit trade:	2,027.52	loss trade:	-5,154.47
Average		profit trade:	27.15	loss trade:	-53.24
Maximum		consecutive wins ($):	17 (185.08)	consecutive losses ($):	6 (-1,823.74)
Maximal		consecutive profit (count):	2,101.06 (7)	consecutive loss (count):	-9,443.64 (4)
Average		consecutive wins:	4	consecutive losses:	2

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 99.88%

Recorded on Nov 2, 2011 1:27:00 AM Broker Time

Average trade length: 35 hours, 49 minutes, 47 seconds

Average trades opened daily/weekly/monthly: 8/40/173

Trading Days of the Month

Trading Days of the Week

Simulator

Run simulator

Forex-Goldmine.net Performance tests

Product	P/L Weekly,%	Weeks tested	P/L Gross,%
Robominer Pro	-2.22	49.1	-66.847
RoboMiner III	+0.66	55.5	+44.042
Pip Strider NFA	+6.1	39.9	+963.284
Forex Cantata	+1.41	43.8	+84.594
RoboMiner Challenge	+0.04	109.6	+4.353
GapMagic	-0.18	79.5	-13.022
Pip Strider	+0.7	85.7	+81.718

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