Chameleon EZ Demo Account Stopped test

by BestExpertAdvisors.com

• Site closed

-5.84% WEEKLY · 13.1 weeks

Average Pips per Week:

-386 (Gross Pips: -5,063)

Average P/L per Week:

-5.84% (Gross P/L: -54.54%)

Test started:

Feb 17, 2010

Test Stopped:

May 20, 2010 (Tested 13.1 weeks)

Metatrader Expert Advisor

Multiple Statements Available, Voluntarily Quit

06.15.2010 Chameleon EZ Demo Test stopped - owner don't want continue testing...

We appreciate BestExpertAdvisors team sharing performance of the Stork Pro with our members!

Best Expert Advisors offer several original strategies at the relatively high price tag. Besides Chameleon EZ we are also currently testing Stork Pro and hope to add other products to the tests soon.

02.17.10 Due to expired demo, Chameleon EZ demo test is restarted. Previous statement of 13.2 weeks of the demo trading (2.68% weekly, Gross Equity: 34.85%) is available in drop-down menu.

11.17.09 Due to the software bug fixes ,Chameleon EZ demo test is restarted. Previos statement of 3.9 weeks of the demo trading is available in drop-down menu. Durng this time Chameleon was on the loosing streak (-1.34% Equity Weekly)

11.03.09 Chameleon EZ recently released the new version 3.0, as per EA developers:

The systems that make up the EA in most cases have been completely reworked with new logic. It also includes more systems to chose from.

FPA test is restarted now with the new EA and the new broker.

Attention: In drop-down menu you can see the test results for the old version of Chameleon EZ:

First one is Chameleon EZ test with ECN broker maintained by BestExpertAdvisos.com team (24.2 weeks, Gross Equity Loss of 21.55%)

Second one is Chameleon EZ test hosted by forexpeacearmy.com team with PFG Best (9.9 weeks, Gross Equity Loss of 48.17%). Please note, that PFG Best is not recommended by Chameleon EZ developers team for small accounts (5K or less) as 0.1 minimum lot size is not suitable for correct money management.

Statement FXDD

Account:

Name:

Currency:

USD

Date:

May 20, 2010

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
30465607	2010-02-16 18:46	balance	Deposit										13,817.00	0
30479635	2010-02-17 01:43	sell	0.33	gbpusd	1.57820	1.58500	1.56850	2010-02-17 03:00	1.57830	0.00	0.00	0.00	-3.30	-1
30490244	2010-02-17 03:30	buy	0.33	gbpusd	1.57530	0.00000	0.00000	2010-02-17 03:30	1.57480	0.00	0.00	0.00	-16.50	-5
30509169	2010-02-17 06:53	sell	0.33	gbpusd	1.57860	1.58520	1.56870	2010-02-17 07:23	1.57840	0.00	0.00	0.00	6.60	2
30515737	2010-02-17 08:15	sell	0.04	gbpusd	1.57520	1.57290	1.56510	2010-02-17 09:15	1.57290	0.00	0.00	0.00	9.20	23
30520095	2010-02-17 09:11	buy	0.33	gbpusd	1.57500	1.56820	1.58470	2010-02-17 10:34	1.56820	0.00	0.00	0.00	-224.40	-68
View full statement
36183027	2010-05-17 14:15	buy	0.02	gbpusd	1.44820	1.44170	1.45820	2010-05-17 21:06	1.44170	0.00	0.00	0.00	-13.00	-65
36093196	2010-05-16 22:16	sell	0.02	gbpjpy	132.28	134.57	125.30	2010-05-18 03:15	134.57	0.00	0.00	-0.06	-49.29	-229
36097028	2010-05-16 22:30	buy	0.03	usdchf	1.14230	1.12890	1.15520	2010-05-18 04:26	1.12890	0.00	0.00	0.00	-35.61	-134
36181869	2010-05-17 14:02	sell	0.15	gbpusd	1.44660	1.45310	1.43660	2010-05-18 14:21	1.43660	0.00	0.00	-0.22	150.00	100
36156869	2010-05-17 09:45	buy	0.02	eurusd	1.23890	1.22370	1.25400	2010-05-18 14:50	1.22370	0.00	0.00	-0.03	-30.40	-152
36135048	2010-05-17 05:30	buy	0.01	gbpjpy	133.44	131.66	135.13	2010-05-18 17:18	131.66	0.00	0.00	0.00	-19.33	-178
35779005	2010-05-11 15:30	buy	0.01	usdcad	1.02200	0.99850	1.04490	2010-05-19 04:27	1.04490	0.00	0.00	-0.09	21.92	229
										0.00	0.00	-57.41	-7,637.96	-5,063
										Closed P/L:			-7,695.37

Open Trades:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Price	Commission	Taxes	Swap	Profit	Pips
31144061	2010-02-25 00:45	sell	0.02	eurjpy	120.29	0.00	0.00	112.82	0.00	0.00	-3.52	163.60	747
									0.00	0.00	-3.52	163.60	747
									Floating P/L:			160.08

Working Orders:

Ticket	Open Time	Type	Size	Item	Price Open	S / L	T / P	Market Price

Summary:

Deposit/Withdrawal:	13,817.00	Credit Facility:	0.00
Closed Trade P/L:	-7,695.37	Floating P/L:	160.08	Margin:	13.46
Balance:	6,121.63	Equity:	6,281.71	Free Margin:	6,268.25

Details:

Gross Profit:	20,892.56	Gross Loss:	-28,587.93	Total Net Profit:	-7,695.37
Profit Factor:	-0.73	Expected Payoff:	-4.47
Absolute Drawdown:	7,835.85	Maximal Drawdown:	7,941.90 (57.04%)	Relative Drawdown:	57.04% (7,941.90)
Total Trades:	1722	Short Positions (won %):	905 (73.81%)	Long Positions (won %):	817 (70.38%)
		Profit Trades (% of total):	1243 (72.18%)	Loss trades (% of total):	479 (27.82%)
Largest		profit trade:	356.40	loss trade:	-690.30
Average		profit trade:	16.81	loss trade:	-59.68
Maximum		consecutive wins ($):	17 (225.40)	consecutive losses ($):	9 (-650.01)
Maximal		consecutive profit (count):	539.41 (6)	consecutive loss (count):	-1,037.50 (4)
Average		consecutive wins:	4	consecutive losses:	2

Analytics

Trading Instruments

Maximum Equity Usage Recorded, 57.04%

Recorded on May 19, 2010 4:27:00 AM Broker Time

Average trade length: 8 hours, 9 minutes, 27 seconds

Average trades opened daily/weekly/monthly: 27/123/431

Trading Days of the Month

Trading Days of the Week

Simulator

Run simulator

BestExpertAdvisors.com Performance tests

Product	P/L Weekly,%	Weeks tested	P/L Gross,%
Stork Pro	+1.25	13	+17.524
Tokyo Express	+0.95	34.5	+38.742
Trade Chimp	+0.19	82.5	+16.475

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

Additional Statements

Chameleon EZ 2.23 PFG Best Test Statement
Chameleon EZ 2.23 FXDD Test Statement
Chameleon EZ 2.23 ECN Broker Test
Chameleon EZ 3.0 - FXDD