Forex Autocrat Demo Account Stopped test

by AutocratFx.com • Site closed

+2.03% WEEKLY · 16.3 weeks

Average Pips per Week:

+58 (Gross Pips: +941)

Average P/L per Week:

+2.03% (Gross P/L: +38.66%)

Maximum Equity used:

11.86% (Jun 16, 2011, 10:40:00 PM)

Test started:

Jun 10, 2011

Test Stopped:

Oct 3, 2011 (Tested 16.3 weeks)

Metatrader Expert Advisor

Voluntarily Quit

We appreciate Forex Autocrat providing the copy of EA for our Performance Testing !

07.12.11 Forex Autocrat Premium v1.0 added to second EURUSD M15 chart...
06.27.11 Forex Autocrat updated to v1.2
06.22.11 Forex Autocrat updated to v1.1
06.10.11 Forex Autocrat installed on EURUSD M15 chart with default settings...

Developer Descriptions: Forex Autocrat is a fully automated forex expert advisor. Which distinguishes itself from any other form of trading system by simply making exceptional profits hands-free, LITERALLY. Check out our site for a free copy.

From EA site: Forex autocrat follows a long term trading strategy. Although it is rapid in its nature, it trades in the direction of the first generated signal, then the rest are re-entries until the current trend is exhausted. It trades the EURUSD currency pair on the 15minute time frame. A signal is generated only when all indicators have signaled commencement of a strong trend. When a trade is placed, partial profits are banked at desired levels of pips according to an individual's preference. This way, the Forex Autocrat robot affords us the ability to bank most of the lots so that we remain in profits even if the market reverses. Say for instance there's a sell signal and the expert advisor executes it, the trend goes down and the first partial profits are banked, then there is a huge reversal and before it hits the stop loss, a buy signal is generated, the robot will cancel the open order and initiate a new buy transaction. This way you avoid missing out on small moves that turn into losses that sum up to big drawdowns, since the market comes with its uncertainties. The important aspects of this robot's trading strategy cannot be singled out, however, it follows indicators that respond to price change and a desciplined money management. The indicators that this system uses are not psycologicl indicators, they simply follow a trend because we have established that indicators do not change price movement,but they actually respond to price movement, it's just a matter of how fast they react. If at any point in time your trading platform is down while you were in a trade, all you need to do is get it back on and make sure the expert advisor shows the smiley face on the top right corner of your chart. The ea has a built in space (memory), and it will pick up from where it left off before it was interrupted.

Statement FXPRO Financial Services Ltd

Account:

Name:

Currency:

USD

Date:

Nov 22, 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
49453015	2011-06-10 12:55	balance	Deposit										5,000.00	0
49454644	2011-06-10 13:30	sell	0.30	eurusd	1.43531	1.44181	1.40281	2011-06-13 14:07	1.44181	0.00	0.00	-1.61	-195.00	-65
49554015	2011-06-13 14:09	buy	0.80	eurusd	1.44229	1.43579	1.47479	2011-06-14 03:07	1.44564	0.00	0.00	1.73	201.00	34
49580937	2011-06-13 14:09	buy	0.10	eurusd	1.44229	1.43579	1.47479	2011-06-14 03:07	1.44584	0.00	0.00	0.29	35.50	35
49580973	2011-06-13 14:09	buy	0.10	eurusd	1.44229	1.43579	1.47479	2011-06-14 13:32	1.44868	0.00	0.00	0.28	63.90	64
49673632	2011-06-14 13:35	buy	0.30	eurusd	1.44957	1.44307	1.48207	2011-06-14 19:53	1.44307	0.00	0.00	0.86	-195.00	-65
View full statement
56509661	2011-09-28 05:10	buy	0.20	eurusd	1.36289	1.35639	1.39539	2011-09-28 06:15	1.36627	0.00	0.00	0.00	33.80	34
56518194	2011-09-28 05:10	buy	0.10	eurusd	1.36289	1.35639	1.39539	2011-09-28 13:53	1.35639	0.00	0.00	0.00	-65.00	-65
56589841	2011-09-28 16:00	sell	0.50	eurusd	1.35463	1.36113	1.32213	2011-09-28 23:36	1.36113	0.00	0.00	-8.03	-325.00	-65
56641942	2011-09-29 02:00	buy	0.80	eurusd	1.36196	1.35546	1.39446	2011-09-29 14:13	1.35546	0.00	0.00	0.00	-520.00	-65
56743254	2011-09-29 19:00	sell	0.70	eurusd	1.35831	1.36481	1.32581	2011-09-29 22:48	1.35478	0.00	0.00	0.00	176.50	35
56746920	2011-09-29 19:00	sell	0.10	eurusd	1.35831	1.36481	1.32581	2011-09-29 22:48	1.35468	0.00	0.00	0.00	36.30	36
56746923	2011-09-29 19:00	sell	0.10	eurusd	1.35831	1.36481	1.32581	2011-10-03 11:03	1.32581	0.00	0.00	-0.54	325.00	325
										0.00	0.00	-8.54	1,941.60	941
										Closed P/L:			1,933.06

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:	5,000.00	Credit Facility:	0.00
Closed Trade P/L:	1,933.06	Floating P/L:	0.00	Margin:	0.00
Balance:	6,933.06	Equity:	6,933.06	Free Margin:	6,933.06

Details:

Gross Profit:	5,348.77	Gross Loss:	-3,415.71	Total Net Profit:	1,933.06
Profit Factor:	-1.57	Expected Payoff:	37.90
Absolute Drawdown:	791.05	Maximal Drawdown:	1,365.00 (24.49%)	Relative Drawdown:	24.49% (1,365.00)
Total Trades:	51	Short Positions (won %):	22 (72.73%)	Long Positions (won %):	29 (68.97%)
		Profit Trades (% of total):	36 (70.59%)	Loss trades (% of total):	15 (29.41%)
Largest		profit trade:	707.70	loss trade:	-975.00
Average		profit trade:	148.58	loss trade:	-227.71
Maximum		consecutive wins ($):	8 (662.00)	consecutive losses ($):	3 (-1,365.00)
Maximal		consecutive profit (count):	1,394.80 (5)	consecutive loss (count):	-1,365.00 (3)
Average		consecutive wins:	4	consecutive losses:	2

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 24.49%

Recorded on Oct 3, 2011 11:03:00 AM Broker Time

Average trade length: 12 hours, 18 minutes, 8 seconds

Average trades opened daily/weekly/monthly: 3/10/17

Trading Days of the Month

Trading Days of the Week

Simulator

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AutocratFx.com Performance tests

Status	Account	Product	P/L Weekly,%	Weeks tested	P/L Gross,%
		Forex Autocrat Premium	+7.98	6.6	+65.979

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