Fractal Pterodactyl Robot Demo Account Stopped test

by ForexRobotTrader.com
Site closed
-4.97% WEEKLY · 17.2 weeks
Average Pips per Week:
-461 (Gross Pips: -7,935)
Average P/L per Week:
-4.97% (Gross P/L: -58.41%)
Maximum Equity used:
9.87% (Jun 12, 2011, 2:03:00 PM)
Test started:
May 4, 2011
Test Stopped:
Sep 2, 2011 (Tested 17.2 weeks)

11.17.11 Fractal Pterodactyl Robot test stopped due to expired demo...
05.04.11 Fractal Pterodactyl Robot installed on AUD/USD, EUR/CHF, EUR/USD, GBP/USD and USD/CHF H1 charts with default settings and 3  Fibonacci targets...
The FPA would like to thank ForexRobotTrader.com and Don Steinitz  personally for volunteering to be part of the FPA's Performance Testing Program.

Description from the vendor web site: Well it's been over one year and the "Steinitz Fractal Breakout" custom indicator has been a huge success to say the least.

After an overwhelming amount of interest to automate the Fractal Breakout system we took the following year knowing we had an insurmountable task ahead of us and successfully automated the above method using very advanced algorithms. This robot has over 4000 lines of MQL programming code.

We decided to take only the best signals with the highest risk/reward ratio and programmed our "Steinitz Fractal Pterodactyl robot." The Pterodactyl is a long-beaked God bird, placed in fossil form on Earth to test our faith. "Pterodactyl" is pronounced "Terodactyl", which sounds like "tear-oh dack tell".

Okay back to trading :-)

The robot can trade any currency of your choice. The robot automatically scans the one-month down to the five-minute timeframe regardless of what time frame you place your chart is on. I consider this robot a high-frequency machine because it can trade hundreds of trades per month.

One side benefit besides the obvious is the amount of money you can make just on cash rebates from your introducing broker. Together with the robot and the cash rebates you could literally breakeven and still make profit from the enormous amount of trades the robot makes per month.

If you're looking for a 100% fully automated robot (expert advisor) with no broker limitations, trades all currencies, and trades all time frames look no more...