CovertFX Real Account

+2.47% WEEKLY · 87 weeks
  • Average Pips per Week:
    +255 (Gross Pips: +22,216)
  • Average P/L per Week:
    +2.47% (Gross P/L: +734.50%)
  • Maximum Equity used:
    14.21% (Dec 26, 2016, 5:58:00 AM)
  • Test started:
    Apr 6, 2016
  • Test Stopped:
    Dec 7, 2017 (Tested 87 weeks)
Abandoned Test


2018-07-09 CovertFX Real Test abandoned. Account hasn't had any new trades since 2017-12-07. Company failed to respond to the FPA regarding this issue.
2016-09-12 CovertFX Real Test started with help of Investor Access on broker FXChoice

Description from product owner: It's a forex robot that trades on 10 currency pairs, including gold. Using a safe risk to reward balance it watches for breakouts. On breakouts it enters trades to ride the movements to a profits, then gets out by locking in profits.

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

Statement FX Choice Limited

  • Account:
    *hidden*
  • Name:
    CovertFX Real Test by ForexPeaceArmy
  • Currency:
    USD
  • Date:
    Jul 10, 2018


Closed Transactions:

TicketOpen TimeTypeSizeItemPrice OpenS / LT / PClose TimePrice CloseCommissionTaxesSwapProfitPips
66788292016-04-05 09:53balanceBank ( ID 101850)5,000.000
77434382016-04-06 19:00buy0.22eurusd1.142911.139751.148802016-04-06 21:001.13970-1.760.000.00-70.62-32
77434402016-04-06 19:00buy0.22eurusd1.142911.139231.150582016-04-06 21:001.13950-1.760.000.00-75.02-34
77438602016-04-06 19:30buy0.20eurusd1.142451.139351.148442016-04-06 21:001.13950-1.600.000.00-59.00-30
77437282016-04-06 19:15buy0.20eurusd1.141821.138181.149572016-04-07 08:331.14196-1.600.00-0.272.801
77677162016-04-07 11:30sell0.20eurusd1.136601.140141.129362016-04-07 12:241.13940-1.590.000.00-56.00-28
View full statement
174643162017-12-05 03:30sell1.08gbpaud1.763091.774571.752532017-12-05 10:261.75203-10.180.000.00912.90111
170218052017-12-04 13:40sell0.41eurgbp0.876890.886990.867472017-12-05 10:260.88628-3.400.000.10-515.18-94
170197122017-12-04 13:35sell0.42eurgbp0.877290.886700.868582017-12-05 10:260.88631-3.490.000.11-506.93-90
170235732017-12-04 13:45sell0.40eurgbp0.877170.887300.867632017-12-05 10:270.88646-3.320.000.10-497.03-93
176277982017-12-06 02:45buy1.20euraud1.559651.553011.564932017-12-06 17:351.55970-9.930.000.004.541
176275292017-12-06 02:35buy1.25euraud1.560141.553631.564832017-12-07 00:581.56038-10.350.00-3.0322.692
176276852017-12-06 02:40buy1.23euraud1.560251.553471.565392017-12-07 00:581.56038-10.180.00-2.9812.101
 -12,274.790.00-63.7649,063.3622,216
 Closed P/L:36,724.81 

Open Trades:

TicketOpen TimeTypeSizeItemPrice OpenS / LT / P PriceCommissionTaxesSwapProfitPips
 0.000.000.000.000
 Floating P/L:0 

Working Orders:

TicketOpen TimeTypeSizeItemPrice OpenS / LT / PMarket Price 


Summary:

Deposit/Withdrawal:5,000.00Credit Facility:0.00  
Closed Trade P/L:36,724.81Floating P/L:0.00Margin:0.00
Balance:41,724.81Equity:41,724.81Free Margin:41,724.81

Details:

Gross Profit:385,760.73Gross Loss:349,035.92Total Net Profit:36,724.81
Profit Factor:1.11Expected Payoff:18.14
Absolute Drawdown:301.30Maximal Drawdown:22,340.29 (62.13%)Relative Drawdown:54.55% (22,340.29)
Total Trades:2024Short Positions (won %):1027 (54.24%)Long Positions (won %):997 (55.47%)
Profit Trades (% of total):1110 (54.84%)Loss trades (% of total):914 (45.16%)
Largestprofit trade:3,494.51loss trade:-6,052.30
Averageprofit trade:347.53loss trade:381.88
Maximumconsecutive wins ($):30 (9,492.28)consecutive losses ($):21 (-11,238.26)
Maximalconsecutive profit (count):13,609.13 (13)consecutive loss (count):-12,588.07 (4)
Averageconsecutive wins:4consecutive losses:3

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 62.13%

Recorded on Dec 7, 2017 12:58:45 AM Broker Time

Average trade length: 22 hours, 47 minutes, 34 seconds

Average trades opened daily/weekly/monthly: 5/38/168

Trading Days of the Month

Trading Days of the Week

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