Forexcelent Demo Account Stopped test

by Forexcelent.com
Site closed
-64.15% WEEKLY · 7.3 weeks
Average Pips per Week:
+506 (Gross Pips: +3,696)
Average P/L per Week:
-64.15% (Gross P/L: -99.94%)
Maximum Equity used:
76.34% (Nov 25, 2011, 3:15:00 AM)
Test started:
Nov 16, 2011
Test Stopped:
Jan 6, 2012 (Tested 7.3 weeks)
Crashed & Burned

We'd like to thank ForexCelent.com for volunteering to be part of the FPA's Performance Testing Program.

01.06.12 Forexcelent Demo test stopped - account empty... 
11.16.11
Forexcelent installed on EURUSD, GBPUSD, USDCAD, USDJPY and AUDJPY H1 charts with default settings except lots=0.1

Developer Description: It is based on other principles which are verified in practise and practically do not use any patterns and signals. If the forex market is moving, the robot is, due to its algorithms, calculating the placements of the business positions in order to gain profit. This is a middle long-termed investment, speaking of average length of weeks. The Forexcelent expert advisor uses an intelligent parallel modification of the command takeprofit instead of using command stoploss, to make profit every time you close the group of positions. Therefore it’s necessary to count with higher needed sum on your position insurance account, than is usual at scalpers. The Forexcelent forex robot is, in version 1, applicable on currency pairs with lower spreads. If you plan to trade with bigger than minimal possible volume, we recommend you to divide the bargains into smaller volumes and into currency pairs to spread the risks. The whole business cycle must be finished to gain the desired profit, which might take longer than few days, depending on the evolvement of the forex market. You can verify the system on the demo account or by the historical data after downloaded. For running at the live account, a licence must be bought.