Alan's Forex Blog |
Forex Overdrive Performance Update #2 Posted: 30 Aug 2010 10:01 PM PDT Hi everyone. It’s been a while since I published my first Forex Overdrive performance update post, so I figured I’d update you all on how my testing is going with this EA. So far so good Forex Overdrive is now in profit by $6485 (starting account of $10,000) so my account balance is now up to $16,485. I can’t post the entire performance statement here as it’s HUGE, so here is but a brief excerpt and some useful stats: Account: 2622708 Name: alan Currency: USD 2010 August 31, 04:53 180815434 2010.08.30 14:15 sell 19.42 eurusdm 1.26901 1.26874 1.26155 2010.08.30 14:46 1.26874 0.00 0.00 0.00 52.43 Some additional stats: Profit Trades (% of total): 134 (97.10%) The maximal drawdown is way too high in my opinion. I mean I’m in profit but bringing the account nearly to its knees is not cool at all. None the less it seems trading is going rather well for this EA so who knows maybe that drawdown was a fluke related to the recent market volatility. I dunno, further testing is needed – meaning for a longer duration – to flush out the truth. If you wish to share your opinion or join in a discussion regarding this EA you can do so at the following forum thread: http://www.forexrobotsforum.com/showthread.php?t=29 That’s all for now. I’m probably going to have another update on this EA’s performance posted in about 2 to 3 weeks from now. Happy trading everyone! Cheers, |
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