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newtecfxbot (de newtecfxbot)
| Gain : | +3084.87% |
| Drawdown | 75.55% |
| Pips: | 4609.2 |
| Transactions | 330 |
| Gagné: |
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| Perdu: |
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| Type: | Réel |
| Levier: | 1:300 |
| Trading: | Automatisé |
Discussion newtecfxbot
Nov 09, 2015 at 22:07
Vues 900
5 Replies
Nov 25, 2015 at 13:17
To the vendor...
Have some questions. The Myfxbook stats show drawdown at 9.22% and an impressive growth rate which tempts me and possibly others to consider investing in your EA. However, I did some diligence on some of the data which seems to contradict the Myfxbook data - for example, the two trades on the 9th September which stayed open for 12 days closing on the 22nd September shows both trades in significant drawdown of -261.9pips/-USC1649.97 and -317pips/-USC1110 equating to just under 80% total drawdown on the account balance of around USC3450 at that time. The first trade ended in profit of 39pips/USC248 and the second -16pips/-USC56 for a net outcome of +USC196 which is positive, but how come the Myfxbook doesn't show/reflect the actual drawdown of 80% rather than the 9.22% shown which seems to grossly misrepresent the risk/reward ratio of this EA?
Can you clarify?
Have some questions. The Myfxbook stats show drawdown at 9.22% and an impressive growth rate which tempts me and possibly others to consider investing in your EA. However, I did some diligence on some of the data which seems to contradict the Myfxbook data - for example, the two trades on the 9th September which stayed open for 12 days closing on the 22nd September shows both trades in significant drawdown of -261.9pips/-USC1649.97 and -317pips/-USC1110 equating to just under 80% total drawdown on the account balance of around USC3450 at that time. The first trade ended in profit of 39pips/USC248 and the second -16pips/-USC56 for a net outcome of +USC196 which is positive, but how come the Myfxbook doesn't show/reflect the actual drawdown of 80% rather than the 9.22% shown which seems to grossly misrepresent the risk/reward ratio of this EA?
Can you clarify?
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