On the 8th of May 2015 I started a forward test of my forex trading robot 'VPower EA' on a non-expiring Pepperstone Razor demo account, on which it trades a matrix of 20 currency pairs.
Here is the first monthly summary of the EA's performance during month May 2015: Balance Change: € 1,000 -> € 1,416.05 (Profit: € 416.05) Gain: +41.6% Profit Factor: 1.37 Maximal Drawdown: 187.84 (11.71%) Relative Drawdown: 13.68% (151.56) Number of Trading Days: 16 Total Trades: 205 Profit Trades: 135 (65.85%)
VPower EA trades price moves and breakouts that can occur in any of the time frames M5, M15, M30, H1, H4, D1 and which are backed by high volume/momentum. The EA generates signals based on my proprietary technical indicator 'VPower' (VolumePower). A variety of other indicators are used to filter and confirm the signals. The EA is capable of trading several pairs simultaniously on one MT4 platform.
Looks interesting I wonder how it would work on a real account with slippage especially during news events... I have been using a great EA on news events for demo but doesn't work well in real due to slippage...
aeronthomas posted: Looks interesting I wonder how it would work on a real account with slippage especially during news events... I have been using a great EA on news events for demo but doesn't work well in real due to slippage...
Pepperstone Razor ECN real accounts work better and faster than their demo accounts. I have done news scalping (manual & semi-automated) on a Pepperstone Razor account for several months - can fully recommend!
thanks for that mate. I will fund my pepperstone and give it a go. I have a news trading EA to try. Do you avoid news when there is more than one set of data on the same currency being released i.e. one can be positive and one negative and you get a whipsaw effect all in the space of millisecond hitting your SLs? I have started to notice it's better when just one major set of data being released. i.e.. earlier today the GBP news positive industrial but poor manufacturing data (up and down very quickly) trigger pending orders both directions etc.
did it catch the initial 2000 pip drop on NZDUSD? I found a fault in my straddling News trader EA it opened pending on AUDUSD instead of NZDUSD it would have made a killing otherwise. Waiting on a fix.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.