Trading style: attempts to capture large market moves based on several chart patterns; uses a trailing stop.
Currency pairs: EURUSD, GBPUSD, USDCHF
Timeframe: H1
EA price: $350
License: 2 live accounts, 2 demo accounts
NFA compliance: yes
Refund policy: none
Read more at the PhiBase Synergy website

Buy PhiBase Synergy

Note: the EA changed its name from PhiBase Pro to PhiBase Synergy when v3.2 was released during the 2nd half of July 2012.

Birt’s forward test

Settings: default (Max_Allocation_Per_Trade 10.0, Geometrical_MM true)
Started: 15.02.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Currency pairs: EURUSD
Current version: 4.03

PhiBase Synergy live forward test

Official accounts

Settings: default
Started: 13.06.2012
Broker: FxPro
Account type: live
Starting balance: $3000
Currency pairs: EURUSD, USDCHF

PhiBase Synergy official FxPro live forward test

Backtests

All backtests were performed with v1.23. Newer versions might display better performance.

EURUSD

History center data, spread 1.5

PhiBase Pro v1.23 1999-2012 EURUSD history center data backtest, spread 1.5, default settings

PhiBase Pro v1.23 1999-2012 EURUSD history center data backtest, spread 1.5, default settings

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Symbol EURUSD (Euro vs US Dollar)
Period 1 Hour (H1) 1999.01.04 10:00 - 2012.02.29 23:00
Model Every tick (the most precise method based on all available least timeframes)
Parameters Activation_Code=; Variable_LotSize=5; Fixed_LotSize=0; MagicNumber=99118260; Targetlevel_1=50; TrailSL_1=30; Targetlevel_2=100; TrailSL_2=50; Higher_Band=150; Lower_Band=100;
Bars in test 82757 Ticks modelled 66761817 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 41772.69 Gross profit 163126.35 Gross loss -121353.67
Profit factor 1.34 Expected payoff 29.21
Absolute drawdown 930.25 Maximal drawdown 5502.40 (10.31%) Relative drawdown 25.18% (3432.72)
Total trades 1430 Short positions (won %) 597 (65.49%) Long positions (won %) 833 (68.43%)
Profit trades (% of total) 961 (67.20%) Loss trades (% of total) 469 (32.80%)
Largest profit trade 2816.82 loss trade -1928.32
Average profit trade 169.75 loss trade -258.75
Maximum consecutive wins (profit in money) 21 (2867.16) consecutive losses (loss in money) 7 (-1900.21)
Maximal consecutive profit (count of wins) 7223.44 (16) consecutive loss (count of losses) -2958.33 (3)
Average consecutive wins 3 consecutive losses 2

Tick data, real spread

PhiBase Pro v1.23 2007-2012 EURUSD tick data backtest, real spread, default settings

PhiBase Pro v1.23 2007-2012 EURUSD tick data backtest, real spread, default settings

Show backtest summary »

Symbol EURUSD (Euro vs US Dollar)
Period 1 Hour (H1) 2007.03.30 16:01 - 2012.01.31 12:59 (2007.07.01 - 1970.01.01)
Model Every tick (the most precise method based on all available least timeframes)
Parameters Activation_Code=; Variable_LotSize=5; Fixed_LotSize=0; MagicNumber=99118260; Targetlevel_1=50; TrailSL_1=30; Targetlevel_2=100; TrailSL_2=50; Higher_Band=150; Lower_Band=100;
Bars in test 30196 Ticks modelled 67882776 Modelling quality 99.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 33904.90 Gross profit 101475.75 Gross loss -67570.84
Profit factor 1.50 Expected payoff 54.69
Absolute drawdown 629.72 Maximal drawdown 4943.36 (10.18%) Relative drawdown 16.41% (2477.73)
Total trades 620 Short positions (won %) 289 (71.63%) Long positions (won %) 331 (76.13%)
Profit trades (% of total) 459 (74.03%) Loss trades (% of total) 161 (25.97%)
Largest profit trade 2517.22 loss trade -1447.21
Average profit trade 221.08 loss trade -419.69
Maximum consecutive wins (profit in money) 20 (2200.44) consecutive losses (loss in money) 7 (-614.64)
Maximal consecutive profit (count of wins) 6021.01 (16) consecutive loss (count of losses) -2452.11 (3)
Average consecutive wins 4 consecutive losses 1

The EURUSD backtest is very good as you can see in the charts above, but the other two pairs aren’t keeping up the same pace. The vendor mentioned that the standalone strategies for GBPUSD and USDCHF will not be profitable when the parameters aren’t updated based on the price action, which I understand will happen 3-4 times per year. Quote from the vendor regarding the two additional pairs (GBPUSD & USDCHF):

It is optional for the users to choose running these additional pairs. We do not recommend running these pairs for stand-alone trading using the recommended parameters.

GBPUSD

History center data, spread 2.0

PhiBase Pro v1.23 1999-2012 GBPUSD history center data backtest, spread 2.0, GBPUSD settings

PhiBase Pro v1.23 1999-2012 GBPUSD history center data backtest, spread 2.0, GBPUSD settings

Show backtest summary »

Symbol GBPUSD (Great Britain Pound vs US Dollar)
Period 1 Hour (H1) 1999.01.04 07:00 - 2012.02.29 23:00
Model Every tick (the most precise method based on all available least timeframes)
Parameters Activation_Code=; Variable_LotSize=5; Fixed_LotSize=0; MagicNumber=99118260; Targetlevel_1=0; TrailSL_1=0; Targetlevel_2=0; TrailSL_2=0; Higher_Band=500; Lower_Band=150;
Bars in test 82392 Ticks modelled 65477575 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit -7460.37 Gross profit 78805.38 Gross loss -86265.75
Profit factor 0.91 Expected payoff -3.72
Absolute drawdown 7875.35 Maximal drawdown 8244.26 (79.51%) Relative drawdown 79.51% (8244.26)
Total trades 2007 Short positions (won %) 685 (59.71%) Long positions (won %) 1322 (59.68%)
Profit trades (% of total) 1198 (59.69%) Loss trades (% of total) 809 (40.31%)
Largest profit trade 679.01 loss trade -384.95
Average profit trade 65.78 loss trade -106.63
Maximum consecutive wins (profit in money) 15 (817.36) consecutive losses (loss in money) 10 (-402.19)
Maximal consecutive profit (count of wins) 1299.47 (10) consecutive loss (count of losses) -971.74 (6)
Average consecutive wins 2 consecutive losses 2

Tick data, real spread

PhiBase Pro v1.23 2007-2012 GBPUSD tick data backtest, real spread, GBPUSD settings

PhiBase Pro v1.23 2007-2012 GBPUSD tick data backtest, real spread, GBPUSD settings

Show backtest summary »

Symbol GBPUSD (Great Britain Pound vs US Dollar)
Period 1 Hour (H1) 2007.03.30 16:01 - 2012.01.31 08:59 (2007.07.01 - 1970.01.01)
Model Every tick (the most precise method based on all available least timeframes)
Parameters Activation_Code=; Variable_LotSize=5; Fixed_LotSize=0; MagicNumber=99118260; Targetlevel_1=0; TrailSL_1=0; Targetlevel_2=0; TrailSL_2=0; Higher_Band=500; Lower_Band=150;
Bars in test 30191 Ticks modelled 62667236 Modelling quality 99.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit -2393.17 Gross profit 53321.40 Gross loss -55714.57
Profit factor 0.96 Expected payoff -3.02
Absolute drawdown 3444.91 Maximal drawdown 5449.35 (45.39%) Relative drawdown 45.39% (5449.35)
Total trades 792 Short positions (won %) 258 (63.57%) Long positions (won %) 534 (59.74%)
Profit trades (% of total) 483 (60.98%) Loss trades (% of total) 309 (39.02%)
Largest profit trade 854.12 loss trade -935.48
Average profit trade 110.40 loss trade -180.31
Maximum consecutive wins (profit in money) 12 (1361.77) consecutive losses (loss in money) 8 (-1288.43)
Maximal consecutive profit (count of wins) 1753.19 (5) consecutive loss (count of losses) -2055.80 (4)
Average consecutive wins 2 consecutive losses 2

USDCHF

History center data, spread 2.0

PhiBase Pro v1.23 1999-2012 USDCHF history center data backtest, spread 2.0, USDCHF settings

PhiBase Pro v1.23 1999-2012 USDCHF history center data backtest, spread 2.0, USDCHF settings

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Symbol USDCHF (US Dollar vs Swiss Franc)
Period 1 Hour (H1) 1999.01.04 08:00 - 2012.02.29 23:00
Model Every tick (the most precise method based on all available least timeframes)
Parameters Activation_Code=; Variable_LotSize=5; Fixed_LotSize=0; MagicNumber=99118260; Targetlevel_1=0; TrailSL_1=0; Targetlevel_2=0; TrailSL_2=0; Higher_Band=0; Lower_Band=0;
Bars in test 82631 Ticks modelled 61411593 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 15881.67 Gross profit 153720.01 Gross loss -137838.35
Profit factor 1.12 Expected payoff 7.87
Absolute drawdown 1111.81 Maximal drawdown 4989.35 (35.30%) Relative drawdown 35.30% (4989.35)
Total trades 2019 Short positions (won %) 1012 (57.61%) Long positions (won %) 1007 (57.99%)
Profit trades (% of total) 1167 (57.80%) Loss trades (% of total) 852 (42.20%)
Largest profit trade 2986.28 loss trade -854.80
Average profit trade 131.72 loss trade -161.78
Maximum consecutive wins (profit in money) 11 (1220.06) consecutive losses (loss in money) 6 (-691.47)
Maximal consecutive profit (count of wins) 5105.76 (6) consecutive loss (count of losses) -1543.77 (5)
Average consecutive wins 2 consecutive losses 2

Tick data, real spread

PhiBase Pro v1.23 2007-2012 USDCHF tick data backtest, real spread, USDCHF settings

PhiBase Pro v1.23 2007-2012 USDCHF tick data backtest, real spread, USDCHF settings

Show backtest summary »

Symbol USDCHF (US Dollar vs Swiss Franc)
Period 1 Hour (H1) 2007.03.30 16:01 - 2012.01.31 12:59 (2007.07.01 - 1970.01.01)
Model Every tick (the most precise method based on all available least timeframes)
Parameters Activation_Code=; Variable_LotSize=5; Fixed_LotSize=0; MagicNumber=99118260; Targetlevel_1=0; TrailSL_1=0; Targetlevel_2=0; TrailSL_2=0; Higher_Band=0; Lower_Band=0;
Bars in test 30182 Ticks modelled 53138873 Modelling quality 99.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 10000.90 Gross profit 54067.42 Gross loss -44066.52
Profit factor 1.23 Expected payoff 12.84
Absolute drawdown 3458.06 Maximal drawdown 3462.97 (34.61%) Relative drawdown 34.61% (3462.97)
Total trades 779 Short positions (won %) 403 (62.53%) Long positions (won %) 376 (59.04%)
Profit trades (% of total) 474 (60.85%) Loss trades (% of total) 305 (39.15%)
Largest profit trade 2513.77 loss trade -699.90
Average profit trade 114.07 loss trade -144.48
Maximum consecutive wins (profit in money) 11 (1029.03) consecutive losses (loss in money) 5 (-1343.81)
Maximal consecutive profit (count of wins) 3948.47 (5) consecutive loss (count of losses) -1343.81 (5)
Average consecutive wins 2 consecutive losses 2