Reliability EA Demo Account Stopped test

by ProbabilityEA.com

• Site closed

-199.40% WEEKLY · 41 weeks

Average Pips per Week:

-118 (Gross Pips: -6,522)

Average P/L per Week:

-199.55% (Gross P/L: -178.02%)

Maximum Equity used:

38.45% (Aug 5, 2011, 7:27:00 AM)

Test started:

Oct 21, 2010

Test Stopped:

Aug 5, 2011 (Tested 41 weeks)

Metatrader Expert Advisor

Crashed & Burned, Multiple Statements Available

Reliability EA is a courtesy of Michael W. Scofield at www.ProbabilityEA.com

12.27.10 The test is restarted by the request of the EA developer.

That was an older version of the EA. Since then, I've drastically modified the code, as well as added 6 additional currencies to the EA (i.e. 7 currencies run in a single MT4 platform, each currency with its own respective version of the EA that is tailored to that specific currency). The combination of these two significant changes has rendered your current test insignificant.

New and improved Reliability EA phylosophy:

The philosophy behind this EA is that the more currencies that are traded, the better. Reliability EA trades 7 different currencies simultaneously. As one currency might begin to lose, there are 6 others that are capable of compensating for the losses and even resulting in a net gain. Depending upon the currency, profitable trades are closed with the profits locked in at regular intervals at different hours of the day, week, or month. This variation in closing profitable trades also adds to the diversification of the multiple currencies.

08.02.10 Reliability EA installed on USDJPY M5 chart with default settings...

This EA is designed to capitalize on the daily price patterns on the USDJPY chart (although it is run on an M5 chart). Several checks have been set in place to minimize risk such as a MaxOpenTrades variable, EquityStopLoss variable, and the ability to run in conjunction with the other currency versions of this EA to diversity its trades and smooth out the equity curve.

Statement Interbank FX, LLC

Account:

Name:

Reliability EA Demo Test by ForexPeaceArmy.com

Currency:

USD

Date:

Nov 11, 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
183460560	2010-10-21 15:34	balance	Deposit										10,000.00	0
183616139	2010-10-26 00:43	sell	0.03	usdjpy	81.04	0.00	0.00	2010-10-28 17:00	80.95	0.00	0.00	-0.41	3.26	9
183588262	2010-10-25 09:38	sell	0.03	usdjpy	80.64	0.00	0.00	2010-10-31 17:00	80.43	0.00	0.00	-0.57	7.83	21
183590602	2010-10-25 10:57	sell	0.03	usdjpy	80.74	0.00	0.00	2010-10-31 17:00	80.42	0.00	0.00	-0.57	11.79	32
183592085	2010-10-25 11:51	sell	0.03	usdjpy	80.84	0.00	0.00	2010-10-31 17:00	80.43	0.00	0.00	-0.57	15.52	42
183615875	2010-10-26 00:36	sell	0.03	usdjpy	80.94	0.00	0.00	2010-10-31 17:00	80.42	0.00	0.00	-0.49	19.47	52
View full statement
191230440	2011-06-23 02:38	buy	0.08	eurchf	1.19775	0.00000	0.00000	2011-09-23 07:16	1.22169	0.00	0.00	-16.12	92.75	239
191274198	2011-06-28 21:33	sell	0.11	nzdjpy	65.81	0.00	0.00	2011-09-23 07:16	59.47	0.00	0.00	-93.42	914.37	634
191587966	2011-08-01 13:00	sell	0.16	usdjpy	77.12	0.00	0.00	2011-09-23 07:16	76.24	0.00	0.00	-35.93	185.53	88
191621466	2011-08-03 14:28	sell	0.12	nzdjpy	66.62	0.00	0.00	2011-09-23 07:16	59.47	0.00	0.00	-57.61	1,125.47	715
191623553	2011-08-03 18:01	sell	0.16	usdjpy	77.99	0.00	0.00	2011-09-23 07:16	76.24	0.00	0.00	-32.94	367.91	175
191651183	2011-08-05 06:01	sell	0.08	gbpchf	1.25259	0.00000	0.00000	2011-09-23 07:16	3.19051	0.00	0.00	-49.42	-17,125.67	-19379
191655908	2011-08-05 10:13	sell	0.09	gbpchf	1.25862	0.00000	0.00000	2011-09-23 07:16	3.19051	0.00	0.00	-55.61	-19,206.44	-19319
										0.00	0.00	-2,798.13	-15,004.25	-6,522
										Closed P/L:			-17,802.38

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:	10,000.00	Credit Facility:
Closed Trade P/L:	-17,802.38	Floating P/L:	Margin:	0.00
Balance:	0.00	Equity:	Free Margin:	0.00

Details:

Gross Profit:	35,389.97	Gross Loss:	-53,192.35	Total Net Profit:	-17,802.38
Profit Factor:	-0.67	Expected Payoff:	-54.11
Absolute Drawdown:	17,802.38	Maximal Drawdown:	38,807.66 (125.16%)	Relative Drawdown:	125.16% (38,807.66)
Total Trades:	329	Short Positions (won %):	187 (80.21%)	Long Positions (won %):	142 (80.99%)
		Profit Trades (% of total):	265 (80.55%)	Loss trades (% of total):	64 (19.45%)
Largest		profit trade:	1,219.94	loss trade:	-19,262.05
Average		profit trade:	133.55	loss trade:	-831.13
Maximum		consecutive wins ($):	83 (4,943.41)	consecutive losses ($):	22 (-5,033.81)
Maximal		consecutive profit (count):	9,662.45 (48)	consecutive loss (count):	-36,437.14 (2)
Average		consecutive wins:	20	consecutive losses:	5

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 125.16%

Recorded on Sep 23, 2011 7:16:00 AM Broker Time

Average trade length: 659 hours, 10 minutes, 5 seconds

Average trades opened daily/weekly/monthly: 3/9/30

Trading Days of the Month

Trading Days of the Week

Simulator

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ProbabilityEA.com Performance tests

Status	Account	Product	P/L Weekly,%	Weeks tested	P/L Gross,%
		Probability EA	+0.05	117	+6.386

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Additional Statements

Old 21.1 weeks Demo Test \| -3.39% weekly