Hi I'm new to Meta Trader 4 and Fairly new to forex. Found the EA a couple of months ago. Seems to work real well.
Heres a balance report of an Demo account I opened on the 8th July Trading 0.01Lots 400:1 Leverage Over 16000Pips in Closed Trades.
Down side EA opens 1000trades but no more can be ajusted.
Summary:
Deposit/Withdrawal: 3 000.00 Credit Facility: 0.00
Closed Trade P/L: 1 633.89 Floating P/L: -749.63 Margin: 250.00
Balance: 4 633.89 Equity: 3 884.26 Free Margin: 3 634.26
Details:
Graph
Gross Profit: 1 633.89 Gross Loss: 0.00 Total Net Profit: 1 633.89
Profit Factor: Expected Payoff: 0.21
Absolute Drawdown: 0.00 Maximal Drawdown: 0.00 (0.00%) Relative Drawdown: 0.00% (0.00)
Total Trades: 7766 Short Positions (won %): 3495 (100.00%) Long Positions (won %): 4271 (100.00%)
Profit Trades (% of total): 7766 (100.00%) Loss trades (% of total): 0 (0.00%)
Largest profit trade: 0.41 loss trade: 0.00
Average profit trade: 0.21 loss trade: 0.00
Maximum consecutive wins ($): 7766 (1 633.89) consecutive losses ($): 0 (0.00)
Maximal consecutive profit (count): 1 633.89 (7766) consecutive loss (count): 0.00 (0)
Average consecutive wins: 7766 consecutive losses: 0
Statement: 5654488 - Terrance
Here the same EA from th 25th May. Only has loss trades because closed out position so I could change Lot size from 1.0Lot to 0.1 Lots. Was only logged on to the system about 4hours a day on average for new trades.
Gross Profit: 264 473.06 Gross Loss: 81 280.99 Total Net Profit: 183 192.07
Profit Factor: 3.25 Expected Payoff: 78.72
Absolute Drawdown: 9 273.23 Maximal Drawdown: 62 104.24 (5.00%) Relative Drawdown: 5.00% (62 104.24)
Total Trades: 2327 Short Positions (won %): 1195 (87.78%) Long Positions (won %): 1132 (85.25%)
Profit Trades (% of total): 2014 (86.55%) Loss trades (% of total): 313 (13.45%)
Largest profit trade: 16 020.00 loss trade: -6 350.00
Average profit trade: 131.32 loss trade: -259.68
Maximum consecutive wins ($): 1372 (220 536.75) consecutive losses ($): 41 (-929.48)
Maximal consecutive profit (count): 220 536.75 (1372) consecutive loss (count): -42 584.60 (20)
Average consecutive wins: 40 consecutive losses: 6
Statement: 682553 - Terrance
I whould like to no what you think.