Automated Trading Championship 2007: Statistical Report #3

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On the website of the Automated Trading Championship 2007, the article Statistical Report #3 has been published. We go on collecting and analyzing statistical data obtained in the course of the Automated Trading Championship 2007. In this Statistical Report we analyze the TOP Ten Expert Advisors for their risk level and stability.

Conclusions:

  • The Participants have made necessary conclusions and are trying to limit risks at opening positions. The majority of Expert Advisors have built-in Money Management systems and limit the amount of losses either by StopLoss or closing by market;
  • The Participants of this Report have quite a low absolute drawdown value. However maximal drawdown reaches 40% and more. It means, the Participants use a more aggressive reinvestment system;
  • Most Expert Advisors have low stability coefficients (recovery factor). It is necessary to improve this index, so that an EA could gain stable profits not only during testing, but in real trading as well.

The full text of the article was published on the website of Automated Trading Championship 2007 in the News section.

The Automated Trading Championship 2007 is organized by MetaQuotes Software Corp. and co-sponsored by ODL Securities Limited, Alpari (UK) Limited, FXDD and the popular TRADERS` magazine.

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