Niche Forex Demo Account Stopped test
NOTE: The bulk of the profits in this test came from a handful of trades that were 30 times the size of other trades. All of these took place before the FPA began to monitor the account. FPA Testing emailed Nice Forex support to ask about this and got go respose. Because of this, the FPA is terminating this time-limited demo test early.
We appreciate NicheForex.com sharing their EA performance on a time limited demo account with ForexPeaceArmy.com traders community!
Please address ALL questions regarding the settings of this EA to NicheForex.com support. The FPA is monitoring this EA using the investor password and has no access to the settings being used.
2013-02-21 NicheForex demo test started with help of Investor Access...
Description: Niche Forex is predominately a multi-pair scalping EA, based on in-house coded indicators. It trades multiple pairs and usually with a 20TP/20SL risk metric built in. Trades are Multi-Directional and the EA trades on a daily basis.
Statement Alpari (UK) Ltd.
Closed Transactions:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Close Time | Price Close | Commission | Taxes | Swap | Profit | Pips |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 298345937 | 2013-01-23 02:04 | balance | Deposit | 300.00 | 0 | |||||||||
| 298740024 | 2013-01-29 10:26 | sell | 0.01 | eurusd | 1.34772 | 1.34836 | 1.34676 | 2013-01-29 10:30 | 1.34676 | 0.00 | 0.00 | 0.00 | 0.96 | 10 |
| 298740026 | 2013-01-29 10:26 | sell | 0.01 | eurusd | 1.34772 | 1.34839 | 1.34678 | 2013-01-29 10:30 | 1.34678 | 0.00 | 0.00 | 0.00 | 0.94 | 9 |
| 298740027 | 2013-01-29 10:26 | sell | 0.01 | eurusd | 1.34772 | 1.34835 | 1.34675 | 2013-01-29 10:30 | 1.34675 | 0.00 | 0.00 | 0.00 | 0.97 | 10 |
| 298740029 | 2013-01-29 10:26 | sell | 0.01 | eurusd | 1.34772 | 1.34835 | 1.34675 | 2013-01-29 10:30 | 1.34675 | 0.00 | 0.00 | 0.00 | 0.97 | 10 |
| 298740030 | 2013-01-29 10:26 | sell | 0.01 | eurusd | 1.34772 | 1.34842 | 1.34684 | 2013-01-29 10:30 | 1.34684 | 0.00 | 0.00 | 0.00 | 0.88 | 9 |
| View full statement | ||||||||||||||
| 303217610 | 2013-04-02 01:40 | sell | 0.01 | gbpusd | 1.52364 | 1.52879 | 1.51864 | 2013-04-02 05:21 | 1.51864 | 0.00 | 0.00 | 0.00 | 5.00 | 50 |
| 303262716 | 2013-04-02 10:25 | buy | 0.01 | gbpjpy | 141.29 | 140.78 | 141.79 | 2013-04-03 10:00 | 140.76 | 0.00 | 0.00 | 0.01 | -5.70 | -53 |
| 303262727 | 2013-04-02 10:25 | buy | 0.01 | gbpjpy | 141.28 | 140.76 | 141.78 | 2013-04-03 10:00 | 140.76 | 0.00 | 0.00 | 0.01 | -5.56 | -52 |
| 303259186 | 2013-04-02 09:35 | buy | 0.01 | gbpjpy | 141.16 | 140.64 | 141.66 | 2013-04-03 10:52 | 140.64 | 0.00 | 0.00 | 0.01 | -5.55 | -51 |
| 303350132 | 2013-04-03 15:30 | buy | 0.01 | gbpjpy | 140.65 | 140.13 | 141.15 | 2013-04-04 00:40 | 141.15 | 0.00 | 0.00 | 0.03 | 5.36 | 50 |
| 303341772 | 2013-04-03 11:45 | buy | 0.01 | gbpjpy | 140.72 | 140.20 | 141.22 | 2013-04-04 00:41 | 141.22 | 0.00 | 0.00 | 0.03 | 5.36 | 50 |
| 303342158 | 2013-04-03 11:50 | buy | 0.01 | gbpjpy | 140.78 | 140.27 | 141.28 | 2013-04-04 00:41 | 141.28 | 0.00 | 0.00 | 0.03 | 5.34 | 50 |
| 0.00 | 0.00 | 0.54 | 960.49 | 415 | ||||||||||
| Closed P/L: | 961.03 | |||||||||||||
Open Trades:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Price | Commission | Taxes | Swap | Profit | Pips | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Hidden by owner to prevent copying | ||||||||||||||
| 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 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Hidden by owner to prevent copying | ||||||||||||||
Summary:
| Deposit/Withdrawal: | 300.00 | Credit Facility: | 0.00 | ||
|---|---|---|---|---|---|
| Closed Trade P/L: | 961.03 | Floating P/L: | 0.00 | Margin: | 0.00 |
| Balance: | 1,261.03 | Equity: | 1,261.03 | Free Margin: | 1,261.03 |
Details:
| Gross Profit: | 1,993.09 | Gross Loss: | -1,032.06 | Total Net Profit: | 961.03 |
|---|---|---|---|---|---|
| Profit Factor: | -1.93 | Expected Payoff: | 0.99 | ||
| Absolute Drawdown: | 55.09 | Maximal Drawdown: | 210.87 (17.03%) | Relative Drawdown: | 17.03% (210.87) |
| Total Trades: | 974 | Short Positions (won %): | 367 (41.14%) | Long Positions (won %): | 607 (28.34%) |
| Profit Trades (% of total): | 323 (33.16%) | Loss trades (% of total): | 651 (66.84%) | ||
| Largest | profit trade: | 321.61 | loss trade: | -102.66 | |
| Average | profit trade: | 6.17 | loss trade: | -1.59 | |
| Maximum | consecutive wins ($): | 28 (243.61) | consecutive losses ($): | 84 (-9.42) | |
| Maximal | consecutive profit (count): | 321.61 (1) | consecutive loss (count): | -204.06 (2) | |
| Average | consecutive wins: | 4 | consecutive losses: | 8 | |