GapMagic Demo Account Stopped test

by Forex-Goldmine.net

• Site closed

-0.18% WEEKLY · 79.5 weeks

Average Pips per Week:

-7 (Gross Pips: -532)

Average P/L per Week:

-0.18% (Gross P/L: -13.02%)

Maximum Equity used:

32.03% (Feb 23, 2011, 9:46:00 AM)

Test started:

Dec 18, 2010

Test Stopped:

Jun 27, 2012 (Tested 79.5 weeks)

Metatrader Expert Advisor

Voluntarily Quit

We'd like to thank Forex Goldmine team for supplying us with the pre-release copy of GapMagic EA for our performance testing !

06.28.12 Test stopped per the owner's request.

12.19.10 GapMagic installed on EURUSD, AUDUSD, GBPNZD, GBPAUD, CADJPY and EURNZD H1 charts with recommended in manual settings...

In general Sunday gap trading seems simple. Forex trading is suspended at around 4:00PM U.S. Eastern (NYC) time on Friday each week. When the market re-opens for trading at around 5:00PM on Sunday, the price is usually NOT where it was when it finished trading on Friday. Sunday night's trading action frequently starts off with the price suddenly a good distance AWAY from where it left off on Friday. It's as if a 'gap' suddenly appear in the charts, a space where the price never traded. Everyone knows about this gap, but only a few strategies are able to profit from it.

Statement FXPRO Financial Services Ltd

Account:

Name:

Currency:

USD

Date:

Jun 28, 2012

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
38771284	2010-12-18 08:56	balance	Deposit										5,000.00	0
42278558	2011-02-13 16:00	buy	0.10	audusd	0.99845	0.97345	1.00185	2011-02-13 18:08	1.00185	0.00	0.00	0.00	34.00	34
42278454	2011-02-13 16:00	sell	0.10	gbpaud	1.60080	1.62580	1.59740	2011-02-13 20:35	1.59740	0.00	0.00	0.00	34.18	34
42278780	2011-02-13 16:01	sell	0.10	gbpaud	1.60140	1.62640	1.59740	2011-02-13 20:35	1.59740	0.00	0.00	0.00	40.21	40
42278340	2011-02-13 16:00	buy	0.10	eurusd	1.35099	1.32599	1.35439	2011-02-13 20:45	1.35439	0.00	0.00	0.00	34.00	34
42282172	2011-02-13 17:43	buy	0.10	eurusd	1.35040	1.32540	1.35439	2011-02-13 20:45	1.35439	0.00	0.00	0.00	39.90	40
View full statement
65987035	2012-06-17 20:21	sell	0.10	cadjpy	77.75	79.25	77.15	2012-06-18 04:24	77.15	0.00	0.00	0.00	75.84	60
65983638	2012-06-17 17:00	buy	0.10	gbpaud	1.55360	1.53860	1.55560	2012-06-18 09:52	1.55560	0.00	0.00	0.00	20.14	20
66108585	2012-06-24 20:00	sell	0.10	eurnzd	1.59130	1.60630	1.58930	2012-06-25 02:32	1.58930	0.00	0.00	0.00	15.76	20
66113152	2012-06-25 04:00	buy	0.10	audusd	1.00103	0.98603	1.00303	2012-06-25 20:11	1.00303	0.00	0.00	1.15	20.00	20
66119058	2012-06-25 10:22	buy	0.10	audusd	0.99701	0.98201	1.00303	2012-06-25 20:11	1.00303	0.00	0.00	1.15	60.20	60
66107818	2012-06-24 18:00	sell	0.10	gbpaud	1.55060	1.56560	1.54860	2012-06-27 08:13	1.54860	0.00	0.00	2.39	20.16	20
66109021	2012-06-24 21:22	sell	0.10	gbpaud	1.55460	1.56960	1.54860	2012-06-27 08:13	1.54860	0.00	0.00	2.39	60.49	60
										0.00	0.00	-73.50	-141.91	-532
										Closed P/L:			-215.41

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
66108315	2012-06-24 19:00	buy	0.10	eurusd	1.25428	1.23928	1.25628	1.24155	0.00	0.00	-0.45	-127.30	-127
66109377	2012-06-24 23:01	buy	0.10	cadjpy	78.24	76.74	78.44	77.15	0.00	0.00	0.89	-137.49	-109
66111468	2012-06-25 02:37	buy	0.10	eurusd	1.25015	1.23515	1.25628	1.24155	0.00	0.00	-0.45	-86.00	-86
66114072	2012-06-25 05:11	buy	0.10	cadjpy	77.83	76.33	78.44	77.15	0.00	0.00	0.89	-85.78	-68
									0.00	0.00	0.88	-436.57	-390
									Floating P/L:			-435.69

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:	-215.41	Floating P/L:	-435.69	Margin:	445.18
Balance:	4,784.59	Equity:	4,348.90	Free Margin:	3,903.72

Details:

Gross Profit:	15,562.94	Gross Loss:	-15,778.35	Total Net Profit:	-215.41
Profit Factor:	-0.99	Expected Payoff:	-0.41
Absolute Drawdown:	1,447.49	Maximal Drawdown:	5,671.57 (61.49%)	Relative Drawdown:	61.49% (5,671.57)
Total Trades:	521	Short Positions (won %):	231 (80.52%)	Long Positions (won %):	290 (84.83%)
		Profit Trades (% of total):	432 (82.92%)	Loss trades (% of total):	89 (17.08%)
Largest		profit trade:	198.57	loss trade:	-305.86
Average		profit trade:	36.03	loss trade:	-177.28
Maximum		consecutive wins ($):	85 (4,224.08)	consecutive losses ($):	6 (-1,834.73)
Maximal		consecutive profit (count):	4,224.08 (85)	consecutive loss (count):	-1,834.73 (6)
Average		consecutive wins:	11	consecutive losses:	2

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 61.49%

Recorded on Jun 27, 2012 8:13:00 AM Broker Time

Average trade length: 29 hours, 8 minutes, 1 second

Average trades opened daily/weekly/monthly: 7/10/43

Trading Days of the Month

Trading Days of the Week

Simulator

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