Metatrader expert advisors dissected.
Fast Forex Millions live forward test
Trading style: around the clock, swing style using a trailing stop; trades very frequently yet the trades are not short in duration.
Currency pairs: EURUSD, USDCHF, GBPUSD, USDCAD, AUDUSD
Timeframe: M15
EA price: $247 (20% discount if you purchase through the eareview link below, bringing the price down to $197)
License: 1 account
NFA compliance: yes (with DualMode disabled)
Refund policy: 30 days
Read more at the Fast Forex Millions website
Buy Fast Forex Millions
Note: it has become apparent that the behavior of this expert advisor varies wildly from a broker to another and most users are reporting a negative outcome. This is caused by the fact that one of the indicators used is Fractals which is not consistent across different feeds.
Birt’s forward test
Settings: defaults other than risk which was set as follows: EURUSD – 3, GBPUSD – 3, AUDUSD – 2
Started: 20.01.2012
Stopped: 26.08.2012 (poor performance, extremely different behavior on different brokers, curve-fitting evidence)
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Version: 2.1
Note: USDCHF is not running. Since 27.03.2012, USDCAD is no longer active either.
Backtests
History center data
EURUSD history center data, default settings, risk 1.5
Fast Forex Millions EURUSD backtest 2000-2012, history center data, spread 1.5, default settings, risk 1.5
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2000.01.03 00:00 - 2012.01.21 00:00 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=1.5; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 299629 | Ticks modelled | 65135244 | Modelling quality | 90.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 132092.67 | Gross profit | 452989.11 | Gross loss | -320896.44 |
| Profit factor | 1.41 | Expected payoff | 23.08 | ||
| Absolute drawdown | 0.85 | Maximal drawdown | 11650.55 (9.18%) | Relative drawdown | 13.96% (255.98) |
| Total trades | 5724 | Short positions (won %) | 2829 (44.54%) | Long positions (won %) | 2895 (47.32%) |
| Profit trades (% of total) | 2630 (45.95%) | Loss trades (% of total) | 3094 (54.05%) | ||
| Largest | profit trade | 3863.66 | loss trade | -2069.73 | |
| Average | profit trade | 172.24 | loss trade | -103.72 | |
| Maximum | consecutive wins (profit in money) | 10 (256.09) | consecutive losses (loss in money) | 14 (-2943.63) | |
| Maximal | consecutive profit (count of wins) | 5586.72 (5) | consecutive loss (count of losses) | -4639.53 (7) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
GBPUSD history center data, default settings, risk 1.5
Fast Forex Millions GBPUSD backtest 2000-2012, history center data, spread 2.0, default settings, risk 1.5
| Symbol | GBPUSD (Great Britain Pound vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2000.01.03 00:00 - 2012.01.21 00:00 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=1.5; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 299090 | Ticks modelled | 64992567 | Modelling quality | 90.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 44705.29 | Gross profit | 224115.34 | Gross loss | -179410.04 |
| Profit factor | 1.25 | Expected payoff | 7.83 | ||
| Absolute drawdown | 21.87 | Maximal drawdown | 5919.84 (11.66%) | Relative drawdown | 11.82% (79.85) |
| Total trades | 5712 | Short positions (won %) | 2836 (44.18%) | Long positions (won %) | 2876 (41.59%) |
| Profit trades (% of total) | 2449 (42.87%) | Loss trades (% of total) | 3263 (57.13%) | ||
| Largest | profit trade | 1491.66 | loss trade | -1331.91 | |
| Average | profit trade | 91.51 | loss trade | -54.98 | |
| Maximum | consecutive wins (profit in money) | 13 (1612.19) | consecutive losses (loss in money) | 13 (-62.94) | |
| Maximal | consecutive profit (count of wins) | 2537.91 (6) | consecutive loss (count of losses) | -1607.48 (6) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
USDCHF history center data, default settings, risk 1.5
Fast Forex Millions USDCHF backtest 2000-2012, history center data, spread 2.5, default settings, risk 1.5
| Symbol | USDCHF (US Dollar vs Swiss Franc) | ||||
| Period | 15 Minutes (M15) 2000.01.03 00:00 - 2012.01.21 00:00 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=1.5; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 299124 | Ticks modelled | 59735646 | Modelling quality | 90.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 1738.55 | Gross profit | 16934.42 | Gross loss | -15195.87 |
| Profit factor | 1.11 | Expected payoff | 0.31 | ||
| Absolute drawdown | 4.31 | Maximal drawdown | 745.39 (30.89%) | Relative drawdown | 30.89% (745.39) |
| Total trades | 5692 | Short positions (won %) | 2861 (42.78%) | Long positions (won %) | 2831 (39.35%) |
| Profit trades (% of total) | 2338 (41.08%) | Loss trades (% of total) | 3354 (58.92%) | ||
| Largest | profit trade | 80.79 | loss trade | -28.40 | |
| Average | profit trade | 7.24 | loss trade | -4.53 | |
| Maximum | consecutive wins (profit in money) | 9 (90.18) | consecutive losses (loss in money) | 12 (-20.72) | |
| Maximal | consecutive profit (count of wins) | 111.21 (5) | consecutive loss (count of losses) | -110.23 (10) | |
| Average | consecutive wins | 1 | consecutive losses | 2 | |
USDCAD history center data, default settings, risk 1.5
Fast Forex Millions USDCAD backtest 2000-2012, history center data, spread 2.5, default settings, risk 1.5
| Symbol | USDCAD (US Dollar vs Canadian Dollar) | ||||
| Period | 15 Minutes (M15) 2000.01.03 01:00 - 2012.01.21 00:00 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=1.5; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 298096 | Ticks modelled | 44943021 | Modelling quality | 90.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 2962.96 | Gross profit | 15425.76 | Gross loss | -12462.80 |
| Profit factor | 1.24 | Expected payoff | 0.52 | ||
| Absolute drawdown | 6.91 | Maximal drawdown | 506.63 (15.22%) | Relative drawdown | 16.27% (69.23) |
| Total trades | 5736 | Short positions (won %) | 2838 (43.41%) | Long positions (won %) | 2898 (39.96%) |
| Profit trades (% of total) | 2390 (41.67%) | Loss trades (% of total) | 3346 (58.33%) | ||
| Largest | profit trade | 68.81 | loss trade | -43.80 | |
| Average | profit trade | 6.45 | loss trade | -3.72 | |
| Maximum | consecutive wins (profit in money) | 9 (105.46) | consecutive losses (loss in money) | 17 (-130.93) | |
| Maximal | consecutive profit (count of wins) | 140.43 (6) | consecutive loss (count of losses) | -165.93 (10) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
AUDUSD history center data, default settings, risk 1.5
Fast Forex Millions AUDUSD backtest 2000-2012, history center data, spread 2.0, default settings, risk 1.5
| Symbol | AUDUSD (Australian Dollar vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2000.01.03 00:00 - 2012.01.21 00:00 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=1.5; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 298936 | Ticks modelled | 51381409 | Modelling quality | 90.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 4927.41 | Gross profit | 23956.11 | Gross loss | -19028.70 |
| Profit factor | 1.26 | Expected payoff | 0.89 | ||
| Absolute drawdown | 15.69 | Maximal drawdown | 451.74 (8.07%) | Relative drawdown | 22.25% (100.01) |
| Total trades | 5519 | Short positions (won %) | 2694 (41.28%) | Long positions (won %) | 2825 (44.60%) |
| Profit trades (% of total) | 2372 (42.98%) | Loss trades (% of total) | 3147 (57.02%) | ||
| Largest | profit trade | 156.49 | loss trade | -88.09 | |
| Average | profit trade | 10.10 | loss trade | -6.05 | |
| Maximum | consecutive wins (profit in money) | 8 (142.79) | consecutive losses (loss in money) | 10 (-16.06) | |
| Maximal | consecutive profit (count of wins) | 217.16 (3) | consecutive loss (count of losses) | -271.86 (7) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
Tick data
Tick data, Risk 3
EURUSD tick data, default settings, risk 3
Fast Forex Millions EURUSD backtest 2007-2012, tick data, real spread, default settings, risk 3
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.16 20:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119371 | Ticks modelled | 67076241 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 143153.11 | Gross profit | 429812.92 | Gross loss | -286659.81 |
| Profit factor | 1.50 | Expected payoff | 54.02 | ||
| Absolute drawdown | 6.81 | Maximal drawdown | 10931.05 (7.21%) | Relative drawdown | 16.30% (94.88) |
| Total trades | 2650 | Short positions (won %) | 1322 (44.55%) | Long positions (won %) | 1328 (48.49%) |
| Profit trades (% of total) | 1233 (46.53%) | Loss trades (% of total) | 1417 (53.47%) | ||
| Largest | profit trade | 6063.90 | loss trade | -3303.82 | |
| Average | profit trade | 348.59 | loss trade | -202.30 | |
| Maximum | consecutive wins (profit in money) | 8 (384.16) | consecutive losses (loss in money) | 10 (-10.81) | |
| Maximal | consecutive profit (count of wins) | 8507.14 (2) | consecutive loss (count of losses) | -7246.74 (7) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
GBPUSD tick data, default settings, risk 3
Fast Forex Millions GBPUSD backtest 2007-2012, tick data, real spread, default settings, risk 3
| Symbol | GBPUSD (Great Britain Pound vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119239 | Ticks modelled | 61977482 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 5580.67 | Gross profit | 34754.88 | Gross loss | -29174.21 |
| Profit factor | 1.19 | Expected payoff | 2.13 | ||
| Absolute drawdown | 144.01 | Maximal drawdown | 888.32 (14.44%) | Relative drawdown | 48.93% (149.44) |
| Total trades | 2621 | Short positions (won %) | 1295 (42.78%) | Long positions (won %) | 1326 (41.40%) |
| Profit trades (% of total) | 1103 (42.08%) | Loss trades (% of total) | 1518 (57.92%) | ||
| Largest | profit trade | 221.12 | loss trade | -165.37 | |
| Average | profit trade | 31.51 | loss trade | -19.22 | |
| Maximum | consecutive wins (profit in money) | 6 (265.66) | consecutive losses (loss in money) | 12 (-460.08) | |
| Maximal | consecutive profit (count of wins) | 545.32 (5) | consecutive loss (count of losses) | -460.08 (12) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
USDCHF tick data, default settings, risk 3
Fast Forex Millions USDCHF backtest 2007-2012, tick data, real spread, default settings, risk 3
| Symbol | USDCHF (US Dollar vs Swiss Franc) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119221 | Ticks modelled | 52474180 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 69.01 | Gross profit | 3186.86 | Gross loss | -3117.85 |
| Profit factor | 1.02 | Expected payoff | 0.03 | ||
| Absolute drawdown | 90.42 | Maximal drawdown | 178.73 (46.03%) | Relative drawdown | 46.03% (178.73) |
| Total trades | 2559 | Short positions (won %) | 1260 (42.14%) | Long positions (won %) | 1299 (36.03%) |
| Profit trades (% of total) | 999 (39.04%) | Loss trades (% of total) | 1560 (60.96%) | ||
| Largest | profit trade | 23.90 | loss trade | -10.08 | |
| Average | profit trade | 3.19 | loss trade | -2.00 | |
| Maximum | consecutive wins (profit in money) | 5 (13.42) | consecutive losses (loss in money) | 19 (-90.23) | |
| Maximal | consecutive profit (count of wins) | 27.30 (4) | consecutive loss (count of losses) | -90.23 (19) | |
| Average | consecutive wins | 1 | consecutive losses | 2 | |
USDCAD tick data, default settings, risk 3
Fast Forex Millions USDCAD backtest 2007-2012, tick data, real spread, default settings, risk 3
| Symbol | USDCAD (US Dollar vs Canadian Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119189 | Ticks modelled | 36710146 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 353.72 | Gross profit | 4706.89 | Gross loss | -4353.17 |
| Profit factor | 1.08 | Expected payoff | 0.13 | ||
| Absolute drawdown | 126.61 | Maximal drawdown | 138.97 (19.13%) | Relative drawdown | 42.23% (126.77) |
| Total trades | 2637 | Short positions (won %) | 1289 (44.07%) | Long positions (won %) | 1348 (35.83%) |
| Profit trades (% of total) | 1051 (39.86%) | Loss trades (% of total) | 1586 (60.14%) | ||
| Largest | profit trade | 32.88 | loss trade | -13.71 | |
| Average | profit trade | 4.48 | loss trade | -2.74 | |
| Maximum | consecutive wins (profit in money) | 6 (22.73) | consecutive losses (loss in money) | 10 (-33.54) | |
| Maximal | consecutive profit (count of wins) | 52.48 (4) | consecutive loss (count of losses) | -33.54 (10) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
AUDUSD tick data, default settings, risk 3
Fast Forex Millions AUDUSD backtest 2007-2012, tick data, real spread, default settings, risk 3
| Symbol | AUDUSD (Australian Dollar vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 11:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119212 | Ticks modelled | 49035235 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 2416.95 | Gross profit | 16219.83 | Gross loss | -13802.88 |
| Profit factor | 1.18 | Expected payoff | 0.94 | ||
| Absolute drawdown | 73.33 | Maximal drawdown | 871.21 (29.78%) | Relative drawdown | 29.78% (871.21) |
| Total trades | 2579 | Short positions (won %) | 1278 (39.59%) | Long positions (won %) | 1301 (42.20%) |
| Profit trades (% of total) | 1055 (40.91%) | Loss trades (% of total) | 1524 (59.09%) | ||
| Largest | profit trade | 155.47 | loss trade | -96.53 | |
| Average | profit trade | 15.37 | loss trade | -9.06 | |
| Maximum | consecutive wins (profit in money) | 7 (71.00) | consecutive losses (loss in money) | 15 (-52.23) | |
| Maximal | consecutive profit (count of wins) | 419.56 (4) | consecutive loss (count of losses) | -253.13 (7) | |
| Average | consecutive wins | 1 | consecutive losses | 2 | |
Tick data, Risk 2
EURUSD tick data, default settings, risk 2
Fast Forex Millions EURUSD backtest 2007-2012, tick data, real spread, default settings, risk 2
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.16 20:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=2; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119371 | Ticks modelled | 67076241 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 19081.14 | Gross profit | 54995.61 | Gross loss | -35914.48 |
| Profit factor | 1.53 | Expected payoff | 7.20 | ||
| Absolute drawdown | 1.02 | Maximal drawdown | 1035.36 (7.11%) | Relative drawdown | 11.15% (52.85) |
| Total trades | 2650 | Short positions (won %) | 1322 (44.55%) | Long positions (won %) | 1328 (48.49%) |
| Profit trades (% of total) | 1233 (46.53%) | Loss trades (% of total) | 1417 (53.47%) | ||
| Largest | profit trade | 645.00 | loss trade | -310.33 | |
| Average | profit trade | 44.60 | loss trade | -25.35 | |
| Maximum | consecutive wins (profit in money) | 8 (112.19) | consecutive losses (loss in money) | 10 (-6.52) | |
| Maximal | consecutive profit (count of wins) | 882.70 (4) | consecutive loss (count of losses) | -764.08 (7) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
GBPUSD tick data, default settings, risk 2
Fast Forex Millions GBPUSD backtest 2007-2012, tick data, real spread, default settings, risk 2
| Symbol | GBPUSD (Great Britain Pound vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=2; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119239 | Ticks modelled | 61977482 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 2112.12 | Gross profit | 12163.70 | Gross loss | -10051.58 |
| Profit factor | 1.21 | Expected payoff | 0.81 | ||
| Absolute drawdown | 101.66 | Maximal drawdown | 242.06 (9.78%) | Relative drawdown | 34.67% (105.27) |
| Total trades | 2621 | Short positions (won %) | 1295 (42.78%) | Long positions (won %) | 1326 (41.40%) |
| Profit trades (% of total) | 1103 (42.08%) | Loss trades (% of total) | 1518 (57.92%) | ||
| Largest | profit trade | 65.84 | loss trade | -45.36 | |
| Average | profit trade | 11.03 | loss trade | -6.62 | |
| Maximum | consecutive wins (profit in money) | 6 (109.00) | consecutive losses (loss in money) | 12 (-127.45) | |
| Maximal | consecutive profit (count of wins) | 150.85 (5) | consecutive loss (count of losses) | -127.45 (12) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
USDCHF tick data, default settings, risk 2
Fast Forex Millions USDCHF backtest 2007-2012, tick data, real spread, default settings, risk 2
| Symbol | USDCHF (US Dollar vs Swiss Franc) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=2; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119221 | Ticks modelled | 52474180 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 48.87 | Gross profit | 2194.51 | Gross loss | -2145.65 |
| Profit factor | 1.02 | Expected payoff | 0.02 | ||
| Absolute drawdown | 62.31 | Maximal drawdown | 122.25 (33.96%) | Relative drawdown | 33.96% (122.25) |
| Total trades | 2559 | Short positions (won %) | 1260 (42.14%) | Long positions (won %) | 1299 (36.03%) |
| Profit trades (% of total) | 999 (39.04%) | Loss trades (% of total) | 1560 (60.96%) | ||
| Largest | profit trade | 17.08 | loss trade | -6.65 | |
| Average | profit trade | 2.20 | loss trade | -1.38 | |
| Maximum | consecutive wins (profit in money) | 5 (9.54) | consecutive losses (loss in money) | 19 (-60.31) | |
| Maximal | consecutive profit (count of wins) | 17.85 (4) | consecutive loss (count of losses) | -60.31 (19) | |
| Average | consecutive wins | 1 | consecutive losses | 2 | |
USDCAD tick data, default settings, risk 2
Fast Forex Millions USDCAD backtest 2007-2012, tick data, real spread, default settings, risk 2
| Symbol | USDCAD (US Dollar vs Canadian Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=2; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119189 | Ticks modelled | 36710146 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 212.86 | Gross profit | 2855.52 | Gross loss | -2642.65 |
| Profit factor | 1.08 | Expected payoff | 0.08 | ||
| Absolute drawdown | 92.26 | Maximal drawdown | 92.36 (30.78%) | Relative drawdown | 30.78% (92.36) |
| Total trades | 2637 | Short positions (won %) | 1289 (44.07%) | Long positions (won %) | 1348 (35.91%) |
| Profit trades (% of total) | 1052 (39.89%) | Loss trades (% of total) | 1585 (60.11%) | ||
| Largest | profit trade | 18.79 | loss trade | -7.64 | |
| Average | profit trade | 2.71 | loss trade | -1.67 | |
| Maximum | consecutive wins (profit in money) | 6 (13.25) | consecutive losses (loss in money) | 10 (-24.11) | |
| Maximal | consecutive profit (count of wins) | 30.43 (4) | consecutive loss (count of losses) | -24.11 (10) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
AUDUSD tick data, default settings, risk 2
Fast Forex Millions AUDUSD backtest 2007-2012, tick data, real spread, default settings, risk 2
| Symbol | AUDUSD (Australian Dollar vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 11:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=2; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119212 | Ticks modelled | 49035235 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 1031.13 | Gross profit | 6740.48 | Gross loss | -5709.35 |
| Profit factor | 1.18 | Expected payoff | 0.40 | ||
| Absolute drawdown | 51.03 | Maximal drawdown | 289.72 (20.79%) | Relative drawdown | 20.79% (289.72) |
| Total trades | 2579 | Short positions (won %) | 1278 (39.51%) | Long positions (won %) | 1301 (42.20%) |
| Profit trades (% of total) | 1054 (40.87%) | Loss trades (% of total) | 1525 (59.13%) | ||
| Largest | profit trade | 51.17 | loss trade | -32.18 | |
| Average | profit trade | 6.40 | loss trade | -3.74 | |
| Maximum | consecutive wins (profit in money) | 7 (35.82) | consecutive losses (loss in money) | 15 (-27.34) | |
| Maximal | consecutive profit (count of wins) | 139.44 (4) | consecutive loss (count of losses) | -79.71 (7) | |
| Average | consecutive wins | 1 | consecutive losses | 2 | |
Tick data, Risk 3, DualMode disabled
EURUSD tick data, DualMode disabled, risk 3
Fast Forex Millions EURUSD backtest 2007-2012, tick data, real spread, DualMode disabled, risk 3
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.16 20:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=false; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119371 | Ticks modelled | 67076241 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 137132.93 | Gross profit | 510238.41 | Gross loss | -373105.47 |
| Profit factor | 1.37 | Expected payoff | 48.78 | ||
| Absolute drawdown | 36.85 | Maximal drawdown | 25241.22 (16.43%) | Relative drawdown | 20.33% (67.13) |
| Total trades | 2811 | Short positions (won %) | 1401 (44.47%) | Long positions (won %) | 1410 (48.30%) |
| Profit trades (% of total) | 1304 (46.39%) | Loss trades (% of total) | 1507 (53.61%) | ||
| Largest | profit trade | 6200.05 | loss trade | -3882.65 | |
| Average | profit trade | 391.29 | loss trade | -247.58 | |
| Maximum | consecutive wins (profit in money) | 9 (44.64) | consecutive losses (loss in money) | 16 (-19.84) | |
| Maximal | consecutive profit (count of wins) | 11689.98 (3) | consecutive loss (count of losses) | -12296.40 (6) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
GBPUSD tick data, DualMode disabled, risk 3
Fast Forex Millions GBPUSD backtest 2007-2012, tick data, real spread, DualMode disabled, risk 3
| Symbol | GBPUSD (Great Britain Pound vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=false; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119239 | Ticks modelled | 61977482 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 506.59 | Gross profit | 10900.63 | Gross loss | -10394.04 |
| Profit factor | 1.05 | Expected payoff | 0.18 | ||
| Absolute drawdown | 195.90 | Maximal drawdown | 590.27 (50.67%) | Relative drawdown | 67.01% (211.44) |
| Total trades | 2841 | Short positions (won %) | 1389 (40.68%) | Long positions (won %) | 1452 (39.53%) |
| Profit trades (% of total) | 1139 (40.09%) | Loss trades (% of total) | 1702 (59.91%) | ||
| Largest | profit trade | 43.79 | loss trade | -53.62 | |
| Average | profit trade | 9.57 | loss trade | -6.11 | |
| Maximum | consecutive wins (profit in money) | 10 (97.52) | consecutive losses (loss in money) | 11 (-13.58) | |
| Maximal | consecutive profit (count of wins) | 174.58 (8) | consecutive loss (count of losses) | -185.92 (5) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
USDCHF tick data, DualMode disabled, risk 3
Fast Forex Millions USDCHF backtest 2007-2012, tick data, real spread, DualMode disabled, risk 3
| Symbol | USDCHF (US Dollar vs Swiss Franc) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=false; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119221 | Ticks modelled | 52474180 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 44.38 | Gross profit | 3851.53 | Gross loss | -3807.15 |
| Profit factor | 1.01 | Expected payoff | 0.02 | ||
| Absolute drawdown | 123.34 | Maximal drawdown | 424.12 (70.60%) | Relative drawdown | 70.60% (424.12) |
| Total trades | 2724 | Short positions (won %) | 1345 (41.71%) | Long positions (won %) | 1379 (37.42%) |
| Profit trades (% of total) | 1077 (39.54%) | Loss trades (% of total) | 1647 (60.46%) | ||
| Largest | profit trade | 24.63 | loss trade | -14.93 | |
| Average | profit trade | 3.58 | loss trade | -2.31 | |
| Maximum | consecutive wins (profit in money) | 6 (45.99) | consecutive losses (loss in money) | 17 (-33.51) | |
| Maximal | consecutive profit (count of wins) | 45.99 (6) | consecutive loss (count of losses) | -71.16 (11) | |
| Average | consecutive wins | 2 | consecutive losses | 3 | |
USDCAD tick data, DualMode disabled, risk 3
Fast Forex Millions USDCAD backtest 2007-2012, tick data, real spread, DualMode disabled, risk 3
| Symbol | USDCAD (US Dollar vs Canadian Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=false; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119189 | Ticks modelled | 36710146 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 2.87 | Gross profit | 2974.51 | Gross loss | -2971.64 |
| Profit factor | 1.00 | Expected payoff | 0.00 | ||
| Absolute drawdown | 163.79 | Maximal drawdown | 167.59 (55.16%) | Relative drawdown | 55.16% (167.59) |
| Total trades | 2768 | Short positions (won %) | 1384 (41.47%) | Long positions (won %) | 1384 (37.57%) |
| Profit trades (% of total) | 1094 (39.52%) | Loss trades (% of total) | 1674 (60.48%) | ||
| Largest | profit trade | 18.79 | loss trade | -8.84 | |
| Average | profit trade | 2.72 | loss trade | -1.78 | |
| Maximum | consecutive wins (profit in money) | 7 (17.81) | consecutive losses (loss in money) | 16 (-35.75) | |
| Maximal | consecutive profit (count of wins) | 35.97 (4) | consecutive loss (count of losses) | -35.75 (16) | |
| Average | consecutive wins | 2 | consecutive losses | 3 | |
AUDUSD tick data, DualMode disabled, risk 3
Fast Forex Millions AUDUSD backtest 2007-2012, tick data, real spread, DualMode disabled, risk 3
| Symbol | AUDUSD (Australian Dollar vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 11:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=true; DualMode=false; FilterDepth=600; RiskPercent=2; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119212 | Ticks modelled | 49035235 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 649.99 | Gross profit | 6458.15 | Gross loss | -5808.16 |
| Profit factor | 1.11 | Expected payoff | 0.23 | ||
| Absolute drawdown | 63.97 | Maximal drawdown | 108.87 (17.70%) | Relative drawdown | 21.95% (66.36) |
| Total trades | 2853 | Short positions (won %) | 1427 (38.54%) | Long positions (won %) | 1426 (42.57%) |
| Profit trades (% of total) | 1157 (40.55%) | Loss trades (% of total) | 1696 (59.45%) | ||
| Largest | profit trade | 35.99 | loss trade | -21.88 | |
| Average | profit trade | 5.58 | loss trade | -3.42 | |
| Maximum | consecutive wins (profit in money) | 9 (71.69) | consecutive losses (loss in money) | 20 (-17.93) | |
| Maximal | consecutive profit (count of wins) | 71.69 (9) | consecutive loss (count of losses) | -59.06 (10) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
Tick data, Risk 3, DualMode disabled, ReverseExit disabled
EURUSD tick data, DualMode disabled, ReverseExit disabled, risk 3
Fast Forex Millions EURUSD backtest 2007-2012, tick data, real spread, DualMode disabled, ReverseExit disabled, risk 3
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.16 20:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=false; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119371 | Ticks modelled | 67076241 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 60065.27 | Gross profit | 170456.01 | Gross loss | -110390.74 |
| Profit factor | 1.54 | Expected payoff | 27.28 | ||
| Absolute drawdown | 17.01 | Maximal drawdown | 15147.06 (21.05%) | Relative drawdown | 39.70% (471.96) |
| Total trades | 2202 | Short positions (won %) | 1077 (44.38%) | Long positions (won %) | 1125 (47.02%) |
| Profit trades (% of total) | 1007 (45.73%) | Loss trades (% of total) | 1195 (54.27%) | ||
| Largest | profit trade | 5414.01 | loss trade | -1500.72 | |
| Average | profit trade | 169.27 | loss trade | -92.38 | |
| Maximum | consecutive wins (profit in money) | 8 (650.83) | consecutive losses (loss in money) | 13 (-14.22) | |
| Maximal | consecutive profit (count of wins) | 7205.36 (5) | consecutive loss (count of losses) | -5018.36 (9) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
GBPUSD tick data, DualMode disabled, ReverseExit disabled, risk 3
Fast Forex Millions GBPUSD backtest 2007-2012, tick data, real spread, DualMode disabled, ReverseExit disabled, risk 3
| Symbol | GBPUSD (Great Britain Pound vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=false; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119239 | Ticks modelled | 61977482 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 71.95 | Gross profit | 6121.74 | Gross loss | -6049.80 |
| Profit factor | 1.01 | Expected payoff | 0.03 | ||
| Absolute drawdown | 153.66 | Maximal drawdown | 473.51 (58.23%) | Relative drawdown | 58.23% (473.51) |
| Total trades | 2299 | Short positions (won %) | 1120 (39.11%) | Long positions (won %) | 1179 (38.85%) |
| Profit trades (% of total) | 896 (38.97%) | Loss trades (% of total) | 1403 (61.03%) | ||
| Largest | profit trade | 54.44 | loss trade | -41.70 | |
| Average | profit trade | 6.83 | loss trade | -4.31 | |
| Maximum | consecutive wins (profit in money) | 9 (77.33) | consecutive losses (loss in money) | 12 (-25.50) | |
| Maximal | consecutive profit (count of wins) | 112.46 (8) | consecutive loss (count of losses) | -97.24 (3) | |
| Average | consecutive wins | 2 | consecutive losses | 3 | |
USDCHF tick data, DualMode disabled, ReverseExit disabled, risk 3
Fast Forex Millions USDCHF backtest 2007-2012, tick data, real spread, DualMode disabled, ReverseExit disabled, risk 3
| Symbol | USDCHF (US Dollar vs Swiss Franc) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=false; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119221 | Ticks modelled | 52474180 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 35.59 | Gross profit | 3069.44 | Gross loss | -3033.85 |
| Profit factor | 1.01 | Expected payoff | 0.02 | ||
| Absolute drawdown | 166.82 | Maximal drawdown | 420.67 (75.95%) | Relative drawdown | 75.95% (420.67) |
| Total trades | 2237 | Short positions (won %) | 1102 (39.11%) | Long positions (won %) | 1135 (35.59%) |
| Profit trades (% of total) | 835 (37.33%) | Loss trades (% of total) | 1402 (62.67%) | ||
| Largest | profit trade | 39.41 | loss trade | -14.93 | |
| Average | profit trade | 3.68 | loss trade | -2.16 | |
| Maximum | consecutive wins (profit in money) | 7 (108.75) | consecutive losses (loss in money) | 16 (-26.73) | |
| Maximal | consecutive profit (count of wins) | 108.75 (7) | consecutive loss (count of losses) | -69.11 (11) | |
| Average | consecutive wins | 2 | consecutive losses | 3 | |
USDCAD tick data, DualMode disabled, ReverseExit disabled, risk 3
Fast Forex Millions USDCAD backtest 2007-2012, tick data, real spread, DualMode disabled, ReverseExit disabled, risk 3
| Symbol | USDCAD (US Dollar vs Canadian Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=false; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119189 | Ticks modelled | 36710146 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 387.73 | Gross profit | 4658.99 | Gross loss | -4271.27 |
| Profit factor | 1.09 | Expected payoff | 0.17 | ||
| Absolute drawdown | 117.69 | Maximal drawdown | 177.82 (24.44%) | Relative drawdown | 42.46% (134.52) |
| Total trades | 2286 | Short positions (won %) | 1115 (40.45%) | Long positions (won %) | 1171 (38.26%) |
| Profit trades (% of total) | 899 (39.33%) | Loss trades (% of total) | 1387 (60.67%) | ||
| Largest | profit trade | 53.67 | loss trade | -14.74 | |
| Average | profit trade | 5.18 | loss trade | -3.08 | |
| Maximum | consecutive wins (profit in money) | 8 (45.14) | consecutive losses (loss in money) | 16 (-55.80) | |
| Maximal | consecutive profit (count of wins) | 56.86 (6) | consecutive loss (count of losses) | -55.80 (16) | |
| Average | consecutive wins | 2 | consecutive losses | 3 | |
AUDUSD tick data, DualMode disabled, ReverseExit disabled, risk 3
Fast Forex Millions AUDUSD backtest 2007-2012, tick data, real spread, DualMode disabled, ReverseExit disabled, risk 3
| Symbol | AUDUSD (Australian Dollar vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 11:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=false; FilterDepth=600; RiskPercent=2; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119212 | Ticks modelled | 49035235 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 595.59 | Gross profit | 4496.44 | Gross loss | -3900.85 |
| Profit factor | 1.15 | Expected payoff | 0.27 | ||
| Absolute drawdown | 60.01 | Maximal drawdown | 126.84 (18.34%) | Relative drawdown | 20.64% (62.41) |
| Total trades | 2231 | Short positions (won %) | 1106 (37.61%) | Long positions (won %) | 1125 (41.96%) |
| Profit trades (% of total) | 888 (39.80%) | Loss trades (% of total) | 1343 (60.20%) | ||
| Largest | profit trade | 52.70 | loss trade | -18.02 | |
| Average | profit trade | 5.06 | loss trade | -2.90 | |
| Maximum | consecutive wins (profit in money) | 11 (35.05) | consecutive losses (loss in money) | 19 (-16.95) | |
| Maximal | consecutive profit (count of wins) | 107.04 (4) | consecutive loss (count of losses) | -46.74 (11) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
Tick data, Risk 3, ReverseExit disabled
EURUSD tick data, ReverseExit disabled, risk 3
Fast Forex Millions EURUSD backtest 2007-2012, tick data, real spread, ReverseExit disabled, risk 3
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.16 20:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119371 | Ticks modelled | 67076241 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 147115.47 | Gross profit | 370995.64 | Gross loss | -223880.17 |
| Profit factor | 1.66 | Expected payoff | 62.47 | ||
| Absolute drawdown | 2.89 | Maximal drawdown | 10509.10 (12.75%) | Relative drawdown | 20.21% (171.01) |
| Total trades | 2355 | Short positions (won %) | 1156 (42.21%) | Long positions (won %) | 1199 (48.71%) |
| Profit trades (% of total) | 1072 (45.52%) | Loss trades (% of total) | 1283 (54.48%) | ||
| Largest | profit trade | 10803.76 | loss trade | -3145.16 | |
| Average | profit trade | 346.08 | loss trade | -174.50 | |
| Maximum | consecutive wins (profit in money) | 10 (411.86) | consecutive losses (loss in money) | 11 (-14.91) | |
| Maximal | consecutive profit (count of wins) | 24451.45 (7) | consecutive loss (count of losses) | -7928.04 (9) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
GBPUSD tick data, ReverseExit disabled, risk 3
Fast Forex Millions GBPUSD backtest 2007-2012, tick data, real spread, ReverseExit disabled, risk 3
| Symbol | GBPUSD (Great Britain Pound vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119239 | Ticks modelled | 61977482 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 1077.13 | Gross profit | 12020.16 | Gross loss | -10943.03 |
| Profit factor | 1.10 | Expected payoff | 0.45 | ||
| Absolute drawdown | 126.95 | Maximal drawdown | 368.76 (22.13%) | Relative drawdown | 42.91% (130.08) |
| Total trades | 2392 | Short positions (won %) | 1178 (41.51%) | Long positions (won %) | 1214 (40.61%) |
| Profit trades (% of total) | 982 (41.05%) | Loss trades (% of total) | 1410 (58.95%) | ||
| Largest | profit trade | 99.61 | loss trade | -45.36 | |
| Average | profit trade | 12.24 | loss trade | -7.76 | |
| Maximum | consecutive wins (profit in money) | 5 (158.94) | consecutive losses (loss in money) | 11 (-107.82) | |
| Maximal | consecutive profit (count of wins) | 158.94 (5) | consecutive loss (count of losses) | -117.02 (10) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
USDCHF tick data, ReverseExit disabled, risk 3
Fast Forex Millions USDCHF backtest 2007-2012, tick data, real spread, ReverseExit disabled, risk 3
| Symbol | USDCHF (US Dollar vs Swiss Franc) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119221 | Ticks modelled | 52474180 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 59.38 | Gross profit | 3010.68 | Gross loss | -2951.31 |
| Profit factor | 1.02 | Expected payoff | 0.03 | ||
| Absolute drawdown | 103.89 | Maximal drawdown | 235.49 (54.56%) | Relative drawdown | 54.56% (235.49) |
| Total trades | 2339 | Short positions (won %) | 1131 (39.26%) | Long positions (won %) | 1208 (36.01%) |
| Profit trades (% of total) | 879 (37.58%) | Loss trades (% of total) | 1460 (62.42%) | ||
| Largest | profit trade | 39.41 | loss trade | -11.00 | |
| Average | profit trade | 3.43 | loss trade | -2.02 | |
| Maximum | consecutive wins (profit in money) | 6 (32.42) | consecutive losses (loss in money) | 19 (-97.71) | |
| Maximal | consecutive profit (count of wins) | 70.61 (5) | consecutive loss (count of losses) | -97.71 (19) | |
| Average | consecutive wins | 1 | consecutive losses | 2 | |
USDCAD tick data, ReverseExit disabled, risk 3
Fast Forex Millions USDCAD backtest 2007-2012, tick data, real spread, ReverseExit disabled, risk 3
| Symbol | USDCAD (US Dollar vs Canadian Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119189 | Ticks modelled | 36710146 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 183.17 | Gross profit | 3476.21 | Gross loss | -3293.04 |
| Profit factor | 1.06 | Expected payoff | 0.08 | ||
| Absolute drawdown | 132.52 | Maximal drawdown | 132.68 (44.20%) | Relative drawdown | 44.20% (132.68) |
| Total trades | 2430 | Short positions (won %) | 1171 (43.04%) | Long positions (won %) | 1259 (36.06%) |
| Profit trades (% of total) | 958 (39.42%) | Loss trades (% of total) | 1472 (60.58%) | ||
| Largest | profit trade | 32.95 | loss trade | -10.18 | |
| Average | profit trade | 3.63 | loss trade | -2.24 | |
| Maximum | consecutive wins (profit in money) | 6 (5.20) | consecutive losses (loss in money) | 16 (-47.93) | |
| Maximal | consecutive profit (count of wins) | 46.18 (5) | consecutive loss (count of losses) | -47.93 (16) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
AUDUSD tick data, ReverseExit disabled, risk 3
Fast Forex Millions AUDUSD backtest 2007-2012, tick data, real spread, ReverseExit disabled, risk 3
| Symbol | AUDUSD (Australian Dollar vs US Dollar) | ||||
| Period | 15 Minutes (M15) 2007.03.30 16:01 - 2012.01.13 11:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=false; ReverseExit=false; DualMode=true; FilterDepth=600; RiskPercent=2; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119212 | Ticks modelled | 49035235 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 1178.78 | Gross profit | 6241.35 | Gross loss | -5062.56 |
| Profit factor | 1.23 | Expected payoff | 0.51 | ||
| Absolute drawdown | 55.71 | Maximal drawdown | 161.02 (12.18%) | Relative drawdown | 23.84% (132.64) |
| Total trades | 2315 | Short positions (won %) | 1149 (37.68%) | Long positions (won %) | 1166 (43.22%) |
| Profit trades (% of total) | 937 (40.48%) | Loss trades (% of total) | 1378 (59.52%) | ||
| Largest | profit trade | 83.47 | loss trade | -32.18 | |
| Average | profit trade | 6.66 | loss trade | -3.67 | |
| Maximum | consecutive wins (profit in money) | 6 (30.67) | consecutive losses (loss in money) | 15 (-29.74) | |
| Maximal | consecutive profit (count of wins) | 152.74 (5) | consecutive loss (count of losses) | -85.18 (7) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
Time shifted
Since people suggested Fast Forex Millions might be curve fit with hardcoded dates in the DLL, I acted on the suggestion by alex19771977 in the comments below and shifted the years to investigate whether that was true or not. To keep the same calendar (speaking of the days of the week), I had to shift the year by 28; since it wasn’t possible to shift it 28 years in the future due to MT4 platform limitations, I decided to shift it by 28 years in the past which falls well within the Unix epoch so it worked perfectly. The backtest I ran using the FXT created this way was 100% identical to the backtest posted above with the same parameters (tick data, real spread, default settings, risk 3). I am also posting it here for reference in case anyone wants to check it out.
As a conclusion, there are definitely no hardcoded dates in the DLL for the EURUSD pair which is the best performer by far. I suspect there is no such thing for the other pairs either, but if you want to check it out yourself feel free to subtract 883612800 from cur_time in the ReadNextTick() function of the FXT script that you’re using and test it.
Fast Forex Millions EURUSD backtest 2007-2012 shifted to 1979-1984, tick data, real spread, default settings, risk 3
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 15 Minutes (M15) 1979.03.30 16:01 - 1984.01.16 20:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MarketExecution=true; ReverseExit=true; DualMode=true; FilterDepth=600; RiskPercent=3; FixedLot=0; KofATR=4.1; PerATR=23; Magic=23415; Slippage=3; kTP=10; OrdComment="FFMBOTv2.1"; ReceiptCode="----"; | ||||
| Bars in test | 119371 | Ticks modelled | 67076241 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 143153.11 | Gross profit | 429812.92 | Gross loss | -286659.81 |
| Profit factor | 1.50 | Expected payoff | 54.02 | ||
| Absolute drawdown | 6.81 | Maximal drawdown | 10931.05 (7.21%) | Relative drawdown | 16.30% (94.88) |
| Total trades | 2650 | Short positions (won %) | 1322 (44.55%) | Long positions (won %) | 1328 (48.49%) |
| Profit trades (% of total) | 1233 (46.53%) | Loss trades (% of total) | 1417 (53.47%) | ||
| Largest | profit trade | 6063.90 | loss trade | -3303.82 | |
| Average | profit trade | 348.59 | loss trade | -202.30 | |
| Maximum | consecutive wins (profit in money) | 8 (384.16) | consecutive losses (loss in money) | 10 (-10.81) | |
| Maximal | consecutive profit (count of wins) | 8507.14 (2) | consecutive loss (count of losses) | -7246.74 (7) | |
| Average | consecutive wins | 2 | consecutive losses | 2 | |
-
#2 written by Gus January 21, 2012 (1 year ago)
-
#4 written by Neil January 21, 2012 (1 year ago)
-
#5 written by birt January 21, 2012 (1 year ago)
-
-
-
#7 written by birt January 21, 2012 (1 year ago)
Not entirely sure why the sad face, it’s nothing new – PrivateFX has been my choice for all forward tests since almost 6 months ago. As an example, the price feed and commission is very similar to what you can get with the FXOpen ECN accounts and the execution is actually worse than that experienced on FXOpen. The major difference is that with FXOpen ECN accounts you don’t have 10k lot size.
-
-
#8 written by Julian January 21, 2012 (1 year ago)
-
#9 written by birt January 21, 2012 (1 year ago)
It’s not even remotely like Million Dollar Pips. For starters, the trades for this one typically last many hours, not minutes.
The URL you mentioned is quite a load of crap and I removed it because I don’t want to give a SEO boost to something like that. While it is true that Cory (the marketer) is marketing it, he’s not the same person as William (the programmer), they’re just working together and I don’t think they’ve ever tried to hide it. It’s exactly the same team as the team behind MDP but the EAs are completely different. As for Cory marketing other stuff that is unrelated to Forex, he probably did that and to be honest, I don’t see anything wrong with that; if you’re a marketer, it’s your job to market stuff.
-
#10 written by mdp January 23, 2012 (1 year ago)
-
#11 written by birt January 23, 2012 (1 year ago)
Well, I would assume by “his programmer”, Cory meant William. Since I’m an affiliate, I’ve been in touch with him a bit and he referred to “my programmer” a couple of times in the communication so I don’t really see anything wrong there. I’ve also been in contact with William on a couple of support issues and I’m pretty sure they are two different people (since Cory’s not a very technical person while William is) although I can’t guarantee that William’s name is actually William or that it’s the same William for both EAs (although from a programming point of view, it does look like they were programmed by the same individual).
-
#12 written by mdp January 23, 2012 (1 year ago)
In mdp exclusive forum, Cory has never been appeared. Always William is there. Personally I don’t care whether William is Cory or not as long as MDP and FFM are profitable, growing my accounts. However, one thing I’m sure is that William in MDP forum is not a programer and he was looking for a profitable forex system in freelancer.com.
-
-
-
-
-
-
#16 written by Julian January 22, 2012 (1 year ago)
-
-
#19 written by Murray January 23, 2012 (1 year ago)
-
#20 written by birt January 23, 2012 (1 year ago)
I’ve just taken a look at the WinnerH4 MQL source code and Ben and alex19771977 are at least partially correct, it’s strikingly similar to that of Fast Forex Millions. It becomes apparent that Fast Forex Millions is an improved WinnerH4, the major difference being that this one runs on M15 instead of H4 and has better results. There might be many other differences inside the DLL, but the fact remains: Fast Forex Millions is based on WinnerH4.
-
-
#21 written by alex19771977 January 23, 2012 (1 year ago)
Birt, I advise you to move the date for example 28 years ahead for your backtests to exclude the possibility that the FFM filters out bad trading days (special internal logic that can change optimazation values for specific year or period).
This year shift corresponds to the cycle of the Gregorian calendar. Thus the dates:
in 2007 are identical to dates in 2035
in 2008 are identical to dates in 2036, etc.In practice it means to rename php directory year folders and recreate fxt files with your “magic” scripts.
-
#22 written by birt January 23, 2012 (1 year ago)
It’s easier to change the FXT parsing script to make it add some years when reading the date from the CSV (it only involves re-generating the FXT, not also the CSV). Will do that tomorrow for EURUSD and post an update. Anyway, thanks for the idea, it didn’t occur to me. As a side note, this will screw up EAs that take the day of the week into account so it doesn’t apply everywhere but I believe it should work in this case.
By the way, the current maximum that you can move the date to is 2038 since MT4 (like many other pieces of software) uses signed 32 bit numbers for that. Or well, at least I think it’s signed, I’m not 100% certain as I never needed to play with it before.
-
-
#24 written by Alec January 23, 2012 (1 year ago)
-
#26 written by FxP January 23, 2012 (1 year ago)
copy here copy there..often developer use a basic strategy out there and build a nice and better system. all the cars out there are a copy from the first one…isn’t it.
It does have something that is similar to Winner4H but most code is hidden in the DLL. finally when this FFM trades better it doesn’t matter
-
#27 written by Anthony January 23, 2012 (1 year ago)
-
#28 written by birt January 25, 2012 (1 year ago)
-
-
#29 written by Tomahawk January 24, 2012 (1 year ago)
If you ask for it at the FFM website, William will provide a rar file that contains backetests for the 5 currency pairs using two brokers (Hotforex and Alpari) and using 0.1 fixed lots and using variable lots with risk settings.
Well, those backtests look wonderful moving upward, they go until 12/31/2011, they have 90% quality. I then run my two year backtests with 90% quality on the five pairs, they are also wonderful until 31/12/2012 and suddenly, starting 1/1/2012 all the curves move down.
I am really perplexed,
-
#31 written by Tomahawk January 24, 2012 (1 year ago)
There is also a huge disparity between the tickdata backtests Birt is showing and the backtests William provides. For a nonscalper EA that uses over 20 pips SL and even more for TP, my opinion is that that curves should be similar.
The smallest discrepancy appears to be in the EURUSD pair and the other four seeem to be traded by a different EA. .
I really wish I could say wonders butI can´t.
-
#32 written by birt January 24, 2012 (1 year ago)
It’s always like this, there are pretty large differences between history center data and tick data backtesting. Just take a look at other EAs that I’ve backtested with both kinds of data. In this particular case, it’s probably caused by the trailing stop.
Anyway, I’m not sure what do the backtests that William provided look like, but my history center data backtests for Fast Forex Millions look pretty normal – they go mostly up, but they also have drawdowns as one would expect. It might be that William’s backtests are using a higher risk which makes most of the backtest look like a straight line.
-
-
-
#36 written by RichardB January 24, 2012 (1 year ago)
Hi Birt, been following this with interest as I have been using MDP generally successfully for some months so was interested in a new product from William Morrison.
Your back tests look good but not as good as his! I note that all his trades open at the close of a 15 min bar and stop losses are only modified then as well. So I would expect back tests to be pretty accurate, minor differences in price feeds or spread wouldn’t make much difference. Could you check a sample of your back test trades against his? Then you could establish whether the difference is due to different money management settings or omething more fundamental.
-
#37 written by birt January 24, 2012 (1 year ago)
Unfortunately, I’m busy with a bunch of other things so I don’t have the time for that, at least not during the next few days. However, my backtest statements are posted here (just click each balance chart) so if you would like to check it out yourself, feel free to download them and compare and post an update with your findings.
-
#38 written by Remus January 25, 2012 (1 year ago)
My backtests look very much likes the ones Birt posted (to the trade, at least the samples I looked at). I did my backtests with 0.01 fixed lot, and that allows you to see past periods with the same significance as recent ones (what I mean is that an outstanding performance in 2011 will not hide the very poor one in 2007 – but when you use compounding, that’s exactly what happens). And yes, mine are also worse than those posted by William, but I don’t care to find out why. What I look at this point is how much the forward performance tracks the backtests. Hope this helps!
-
-
#39 written by Jack B January 25, 2012 (1 year ago)
I have had 12 trades since I opened a demo for this and 11 losses. If the trades had of been reversed I would be doing really well. Also, by looking at each trade it looks like in live demo testing it enters trades at the worse possible time. I also did tick backtesting and got the same results you got overall. (Dukas tick data you helped me with)
-
#40 written by Remus January 25, 2012 (1 year ago)
-
#41 written by John January 25, 2012 (1 year ago)
-
#42 written by birt January 25, 2012 (1 year ago)
Actually, quite the opposite: neural networks fail all the time. I haven’t seen a single neural network system that was even remotely profitable.
As for EAs only working in specific market conditions, I disagree but I don’t want to turn these comments in an argument about this so I’ll just leave it at that.
-
#43 written by John January 25, 2012 (1 year ago)
no argument…just my opinion based on several years of manually trading. what I meant, is that an ea can’t think and follow trending markets/reversals like a human can. And you validated my remark about neural systems! there hasn’t been one remotely profitable because artificial neural systems don’t exist at that level. they market them as such, but that’s just fancy advertising for the gullible/less informed.
-
#44 written by birt January 25, 2012 (1 year ago)
-
#45 written by john January 26, 2012 (1 year ago)
absolutely! which is why no ea could ever duplicate what an experienced forex trader can do in a lifetime. that was my point. unless some genious can come up with an ea that “truly” runs on a neural network, there’s no substitute for good fundamental trading strategies. correct me if i’m wrong, but aren’t you an affiliate marketer of selected ea’s? if that’s true, then i can understand your affinity towards this ea industry as it helps a stream of income for you.
-
#46 written by Remus January 26, 2012 (1 year ago)
Birt is one of the most unbiased affiliate marketers I know. He also said that he does not want to turn the thread into a long discussion about which one is better: the human or the machine. Both have pros and cons, and if you don’t agree with that, it’s ok. The same can be said about technical vs fundamental. If you found something that works for you, it does not mean it will work for everyone else.
So let’s get back to something practical about FFM, if you have suggestions that can help the readers of the thread (other than “forget about FFM, it’s an EA, so it’s pointless to trade it).
-
-
-
-
-
-
-
-
#48 written by Anthony January 25, 2012 (1 year ago)
Well, I have done a fair amount of testing on this bugger. Seems to me that we have another good system on our hands. You do need to make some adjustments for the pair you are trading to get the best results, but in the long run, a solid system.
just a quick FYI, kill the reverse exit. no matter how i tested it, the profit was always better when the reverse exit was off.
-
#51 written by birt January 25, 2012 (1 year ago)
For those who quote me on other sites, I have no problem with that, but please do not twist my words. I never said it was a copy, I said it looked like it was based on WinnerH4.
I’ve also looked into the DLL and it confirms my original supposition. Both DLLs are the same size and they have been protected using the same commercial protector. However, the Fast Forex Millions DLL has some code that is not present in the WinnerH4 code. I haven’t checked what exactly does it do as I don’t have all the time in the world for this, but what’s clear is that it’s extra code. Since it’s as good as impossible to add code as extensively as it has been done in this case without having the source code, it becomes apparent that whoever built the Fast Forex Million DLL had the source code of the WinnerH4 DLL, which probably means that the right to distribute it commercially was acquired from the original writer. Seeing that the same commercial protector was used, I’m inclined to believe that the original author is the one who eventually decided to commercialize the product and also improved it a bit prior to doing that.
-
#52 written by alex19771977 January 25, 2012 (1 year ago)
-
#53 written by birt January 25, 2012 (1 year ago)
No, I did not extract anything. I merely compared the code of the main function that is called by the EA and while it is similar in parts, it also has some additional calls. I’m pretty busy these days so I don’t really have the time to turn EAs inside out, not to mention that there is not much point to it either since I’ve already formed an opinion about the whole matter.
-
-
#54 written by a.javith January 26, 2012 (1 year ago)
-
#56 written by Anu January 27, 2012 (1 year ago)
And also some people can’t trade manually for various reasons – for example, myself whilst doing a full time office job. No matter how good you are your mind is not free and you haven’t got two screens with your proper charts up and running in the office. So, your decisions are not always correct and it is a difficult emotional battle. However, since I started trading with EAs I am dong better and I have now 3 live accounts on various EAs and providers like Zulu. I am in profit and my EAs make me money on VPS whether I am home, at work, on holiday or off sick. So, in this day and age with good technology and clever programmers and software I can’t see why we can’t achieve at least 70% of what manually traders do. Time to move on without getting stuck in the past.
-
#57 written by birt January 27, 2012 (1 year ago)
Just as a fair warning, it becomes very apparent that this EA trades very, very different from one broker to another. Given its trade frequency, even the time it is started at makes a difference. Nonetheless, in the long run, I expect it to exhibit a performance similar to that obtained in the tick data backtests.
-
#58 written by RichardB January 27, 2012 (1 year ago)
Would be interesting if you tried running your backtest just over the same period that the live demo account has been running, i.e. a week. If you get the same trades as the live account then it suggests the back tests should be reliable. You would need exactly the same start time though which could be tricky.
-
-
#59 written by Eli January 28, 2012 (1 year ago)
Just received a notification about a new version. According to the vendor there were some additional filters added, settings extended and DualMode is now false by default. The download came with a set of bactests which show that the new version, even though impressively stable and profitable, has a 1.1:1 Profit/Loss ratio while the prev one, according to Birt’s bactests, had 1.7:1. DualMode was probably disabled for US traders convenience and not for performance. I won’t have time to perform full backtest till next weekend so would really appreciate an updated set from Birt or other readers who can test and share their opinion which version looks better and if those of us who can should keep DualMode on.
Thanks,
Eli -
#61 written by Murray January 29, 2012 (1 year ago)
-
#62 written by i hate Scam January 29, 2012 (1 year ago)
-
#63 written by birt January 30, 2012 (1 year ago)
If you consider Fast Forex Millions to be a scam, please enlighten us why. Posting a piece of non-working decompiled code is not something that I would consider irrefutable proof. Moreover, please do not post any decompiled code here as I do not abide that. However, if you do have an explanation that can be expressed in words and that makes sense, feel free to post it.
-
-
#64 written by ivan January 30, 2012 (1 year ago)
-
#66 written by Toni January 30, 2012 (1 year ago)
-
#67 written by sam January 31, 2012 (1 year ago)
-
-
#69 written by sam January 31, 2012 (1 year ago)
-
#71 written by glad January 31, 2012 (1 year ago)
-
#73 written by RichardB January 31, 2012 (1 year ago)
I’ve set up FFM on an Alpari UK live account. Backtesting it on EURUSD gives tremendous results (since 1/1/11, makes 7500 pips, profit factor 2.2, using default settings) but all other recommended pairs lose overall. Running it live on EURUSD for the last couple of days, has taken two trades, but at completely different times and prices from those on Birt’s forward test.
Anyone else had similar results?
-
#74 written by Douglas February 1, 2012 (1 year ago)
-
#75 written by sam February 1, 2012 (1 year ago)
Hi,
I Just downloaded the FFM v2.5 from the link above.
In the default setting, the Dual Mode: false, and Filter Depth: 1250.In my setting i put, Dual Mode: True, and Filter Depth: 600 ( i follow back Birt’s 1st version setting). But in my chart it shows Filter Depth : 1200.
Anything wrong with it?
Thanks. -
#77 written by sam February 1, 2012 (1 year ago)
-
#79 written by mariano February 2, 2012 (1 year ago)
-
#81 written by ZoRRo February 2, 2012 (1 year ago)
Hi Birt,
The backtesting results are indeed more then impressive. Based on them this EA would be a MUST HAVE because not 1 commercial EA is showing such statistics. The amount of pips profit over 2011, the expectancy. Hitrate higher then 50% with an avg winning trade that is bigger then the avg loss. The extreme low DD…etc…
BUT…
It is not the first time that the devellopers found some enginious tricks to produce extreme good backtests. Some did that on purpose some by plain accident. The once by accident were the EA’s that contained MTF (multy time frame indicators). These last EA’s never showed a losing trade in the backtests.
Also EA’s that were using indicators that contained repaiting elements, gave extreme good backtests.
Once that all these EA’s were running live, needles to say that the live results were no way near what the backtests were predicting. They were all plain account burners.BUT BUT…
We have learned from these deliberitly scamming or stupid develloping intentions, that the develloper of an EA should ALWAYS show some LIVE account (myfxbook or MT4i link) on his website where he has been trading his EA already for quite some time. So that people can witness that the LIVE results are in line with his backtests and also that people can compare the results that they make are more or less in line with the LIVE results of the devellopers.
In other words, if the devellopers could not show any LIVE results then it was a NO GO. Or better NO BUY because the chance to end up with a scamming EA was very high.Conclusion: How comes that this rule is no longer aplied or forgotten and people are again waiting in line to buy an EA without any proof what so ever of LIVE results ?
Birt, we know each other for quite some time now. I have always apreciated your professionalism. Your goal was to find good EA’s and protect the people from scammers (remember what was in the header of your site: information about EA’s that the vendors don’t want you to know).
So I am a bit suprised now that you let yourself in to EA’s that have sites like most EA’s an endless BLAH BLAH about all the millions that you will miss out on if you do not buy that EA as quickly as possible. But no LIVE proof of that what so ever. I do understand that you are now an afiliate but I hope that you will not forget about your first principles….Regards.
-
#82 written by birt February 2, 2012 (1 year ago)
I’m not sure what backtest results you looked at, but for instance USDCHF tick data is outright bad.
I agree regarding the EA website lacking a live account – that’s a big minus for Fast Forex Millions. For me, however, the backtest results were enough to convince me to run a live forward test and so far I’d say it is doing pretty good. The major problem with this EA is not the lack of a live forward test by the vendor, but the fact that it trades very, very different from a broker to another (which is probably also why the vendor chose not to post a forward test).
As for my professionalism and my old site header, I invite you to read the comments above yours regarding Winner4H or to visit other affiliate sites (just google Fast Forex Millions and read the first few sites that pop up) and compare the info you find there with the info you find here.
Anyway, just as an aside, if you look at the EA Top you will notice I made much worse choices than this one. These live forward tests that I am posting are meant to help the trader get a real measure of the EA they intend to buy. It’s not only about the best EA, it’s also about the EAs that the readers want to see. For instance, I am considering adding Megadroid and FAP Turbo just because I’ve had many requests.
-
-
#83 written by ZoRRo February 2, 2012 (1 year ago)
Sorry Birt, with all due respect but there are some things in what you say that do not make any sence.
Let me first say that I bought the EA trough your link even that I have the cracked version. If nescessary I can give you my recepient number.
That is already the 2nd time that I do this. Even that my first EA was a piece of crap I did not ask for a refund because you need also to pay back your commission.1) You try to say that this EA is a good choise that you made based on 1 week results. Come on my friend you should know a lot better then that. After a couple of months trading the combo on the gbp you thought also that trading the gbp was better then trading it on the euro. I don’t think you still have the same feelings.
So please wait a couple of months before you say you made a good choise with this FFM.
2) You try to defend this EA again by saying that the devellopers don’t want to post their results because they are probably to much broker sensitive.
That is just a lame excuse because when I bought the EA through your link with my visa card this was the very first thing that I could read:
Order Details – XCSystems, 2167 East 21st Street, PMB 151, Brooklyn, NY 11229 US
Qty Item Price
1 Fast FX Millions – An automated Forex trading system that is not broker sensitive and highly profitable.
$247.00That is the very first time that I buy an EA where the devellopers claim that their EA is NOT broker sensitive.
So the problem that you refer to is in the eyes of the devellopers non-existing. Maybe you could say now to me: send them a mail and ask them why they do not post their results (which is actually not my task. But as a reviewer more your task).Let it be… as said I bought the EA through you and for me it is a small price to pay and I know that I will not burn my account with it because I am going to turn this EA upside down before I trust it to a real account and with a serious lot size.
But I hope that some people read my posting who have less money to spend on EA’s or mistakes and realize that they should wait a bit longer before they buy this EA. Because this EA has not proven anything yet accept losses since the beginning of this year and only the last days were profitable. An other afiliate who had this EA running since 2 weeks has nearly burned his account and replaced the results with the new 2.5 version. Talking about good choises.
BTW here is an other link to FFM on forexpeacearmy (also reviewers of EA’s but in a non-commercial way) http://www.forexpeacearmy.com/metatrader_expert_advisor/fast_forex_millions/demoFriendly regards.
-
#84 written by birt February 3, 2012 (1 year ago)
All I said in reference to my forward test was that “so far I’d say it is doing pretty good” – if you decided to read more into that and translate it to “the EA is a good choice based on the forward test”, that was your doing, not mine. I would never base such a statement based on a 2 week forward test.
Also, you did not buy through my affiliate link; there was no sale recorded from your home country through me as an affiliate. You probably clicked another affiliate link prior to buying. Anyway, if your intention was to buy through my link, I thank you nonetheless and appreciate that. Please don’t send me the receipt or anything else as I have no use for them whatsoever.
You’re correct about the broker sensitivity – somehow I missed they were advertising that. I will email the vendor about it, see if I can find any more information.
-
-
#85 written by DMFX February 3, 2012 (1 year ago)
-
#86 written by birt February 3, 2012 (1 year ago)
-
-
#88 written by Geoff February 6, 2012 (1 year ago)
-
#89 written by birt February 6, 2012 (1 year ago)
I’m still running the original version (didn’t have the time to backtest 2.5 due to the major revamp on the tick data page that I was busy with last week) and using its defaults:
MarketExecution – true
ReverseExit – true
DualMode – true
FilterDepth – 600
RiskPercent – 3.0
KofATR – 4.1
PerATR – 23
kTP – 10.0
-
-
#90 written by alex19771977 February 7, 2012 (1 year ago)
-
#92 written by dalec February 7, 2012 (1 year ago)
Hi Guys,
Just an update also. Im running FFM on Pepperstone Razor. Default settings except Risk is 5.
Ive had 64 trades over 1.5 weeks. 32% winners 68% losers. Im at 25% DD.
Its to early to judge a system however, definately need a minimum of 3 months. Just letting you know that as Birt mentions, your results WILL vary with brokers.
I will make my account public when i have a moment and send birt the link… -
#98 written by sam February 10, 2012 (1 year ago)
Hi, it seems v2.5 result also different between brokers. I have run the back test on vantageFx, HotForex, and Fxprimus. They are in different entry and exit time. But the good new is, all their account is growing in the long run… I just wonder why since they are base on indicator trading, why all entry and exit are different?
-
#99 written by Alex February 10, 2012 (1 year ago)
the different broker use different history. this EA needs to adjust to your feed. so best is running a backtest with your real broker feed and then start trading with low lot on the same feed with your settings. I have v2.5 running with DualMode on, filter 700 (on the chart window 1400 in DualMode )and risk 4%. I use HotForex. Don’t checked the entry point between Live and demo on HotForex because the demo feed is total different from there Live account feed. You can also follow this guys at myfxbook which i ask about there testing.
https://www.myfxbook.com/portfolio/fast-forex-millions-v25real/231064
hope that will help
-
-
#101 written by Ral February 15, 2012 (1 year ago)
This EA looks awesome in backtest because it uses the fractals indicator which always looks very good in visual backtest but fails in live because it appears and disappears from the chart as soon as the support or resistance is broken.
conclusion: this ea will never work sustainably in live forward test
cheers
-
#102 written by birt February 15, 2012 (1 year ago)
-
-
- Comment Feed for this Post
((
傳說中的沙发