Need help analyzing report

 

I don't know if this is good,bad or ugly
I'm finally to the point where I can actually create an EA that does what I want so now I'm back testing and really don't know what to make of my testing.

NOTE:
I know martingale features are risky and generally stink, but this EA makes a profit and only had 3 consecutive losses in a year so I applied martingale for kicks


Anyhow please give me some feedback on this. Good,bad,stinks and why ?
Thanks





Strategy Tester: pastebin
Strategy Tester Report
pastebin
OANDA-GMT-5 Live (Build 745)

SymbolEURUSD (Euro vs US Dollar)
Period4 Hours (H4) 2013.11.01 00:00 - 2014.11.13 20:00 (2013.11.01 - 2014.11.14)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersLotSize=0.1; TakeProfit=500; StopLoss=250; lotmultiplier=2; ABdistance=10; MagicNumber=123486; fibo_retrace=0.5; fibo_extension=0.618; MAperiod1=10; MAperiod2=20; MAperiod3=40; MAperiod4=66; MAsignal=5;
Bars in test2657Ticks modelled9566263Modelling quality90.00%
Mismatched charts errors0
Initial deposit10000.00SpreadCurrent (15)
Total net profit1946.60Gross profit2615.90Gross loss-669.30
Profit factor3.91Expected payoff52.61
Absolute drawdown111.80Maximal drawdown533.70 (5.01%)Relative drawdown5.01% (533.70)
Total trades37Short positions (won %)19 (57.89%)Long positions (won %)18 (44.44%)
Profit trades (% of total)19 (51.35%)Loss trades (% of total)18 (48.65%)
Largestprofit trade996.80loss trade-161.20
Averageprofit trade137.68loss trade-37.18
Maximumconsecutive wins (profit in money)3 (1092.90)consecutive losses (loss in money)3 (-183.60)
Maximalconsecutive profit (count of wins)1092.90 (3)consecutive loss (count of losses)-221.00 (2)
Averageconsecutive wins2consecutive losses2

#TimeTypeOrderSizePriceS / LT / PProfitBalance
12013.11.21 00:00sell10.101.341631.366631.29163
22013.11.21 08:00close10.101.346591.366631.29163-49.609950.40
32013.11.21 12:00buy20.201.347111.322111.39711
42013.11.25 04:00close20.201.352921.322111.39711116.2010066.60
52013.12.18 20:00sell30.101.367601.392601.31760
62013.12.20 12:00close30.101.367411.392601.317601.9010068.50
72013.12.27 04:00buy40.101.379751.354751.42975
82013.12.27 12:00close40.101.376491.354751.42975-32.6010035.90
92014.01.02 08:00sell50.201.364761.389761.31476
102014.01.06 08:00close50.201.360341.389761.3147688.4010124.30
112014.01.13 20:00buy60.101.367021.342021.41702
122014.01.14 00:00close60.101.366491.342021.41702-5.3010119.00
132014.01.15 04:00sell70.201.362291.387291.31229
142014.01.16 00:00close70.201.362331.387291.31229-0.8010118.20
152014.01.23 12:00buy80.401.368071.343071.41807
162014.01.24 16:00close80.401.367561.343071.41807-20.4010097.80
172014.01.30 12:00sell90.801.354861.379861.30486
182014.02.03 04:00close90.801.349881.379861.30486398.4010496.20
192014.02.07 16:00buy100.101.364021.339021.41402
202014.02.11 12:00close100.101.365251.339021.4140212.3010508.50
212014.02.26 16:00sell110.101.368541.393541.31854
222014.02.27 12:00close110.101.372501.393541.31854-39.6010468.90
232014.02.28 08:00buy120.201.380231.355231.43023
242014.03.02 20:00close120.201.377711.355231.43023-50.4010418.50
252014.03.05 16:00sell130.401.372951.397951.32295
262014.03.06 08:00close130.401.375291.397951.32295-93.6010324.90
272014.03.06 08:00buy140.801.375291.350291.42529
282014.03.10 12:00close140.801.387751.350291.42529996.8011321.70
292014.03.19 20:00sell150.101.382331.407331.33233
302014.03.21 12:00close150.101.380031.407331.3323323.0011344.70
312014.04.08 12:00buy160.101.380321.355321.43032
322014.04.11 08:00close160.101.387631.355321.4303273.1011417.80
332014.04.21 00:00sell170.101.381071.406071.33107
342014.04.21 04:00close170.101.382531.406071.33107-14.6011403.20
352014.04.25 00:00buy180.201.383301.358301.43330
362014.04.27 18:00close180.201.383941.358301.4333012.8011416.00
372014.04.30 00:00sell190.101.380591.405591.33059
382014.04.30 08:00close190.101.385021.405591.33059-44.3011371.70
392014.04.30 08:00buy200.201.385021.360021.43502
402014.05.01 12:00close200.201.386621.360021.4350232.0011403.70
412014.05.09 00:00sell210.101.383811.408811.33381
422014.05.12 04:00close210.101.377141.408811.3338166.7011470.40
432014.06.05 20:00buy220.101.366161.341161.41616
442014.06.06 08:00close220.101.363831.341161.41616-23.3011447.10
452014.06.09 12:00sell230.201.358841.383841.30884
462014.06.11 08:00close230.201.355031.383841.3088476.2011523.30
472014.06.19 00:00buy240.101.359161.334161.40916
482014.06.19 16:00close240.101.360291.334161.4091611.3011534.60
492014.07.03 16:00sell250.101.360711.385711.31071
502014.07.07 08:00close250.101.359731.385711.310719.8011544.40
512014.07.10 00:00buy260.101.364611.339611.41461
522014.07.10 04:00close260.101.363421.339611.41461-11.9011532.50
532014.07.10 08:00sell270.201.360541.385541.31054
542014.07.11 16:00close270.201.360941.385541.31054-8.0011524.50
552014.08.10 20:00buy280.401.340541.315541.39054
562014.08.11 00:00close280.401.339981.315541.39054-22.4011502.10
572014.08.11 04:00sell290.801.339501.364501.28950
582014.08.12 16:00close290.801.336781.364501.28950217.6011719.70
592014.08.15 16:00buy300.101.339891.314891.38989
602014.08.17 20:00close300.101.338911.314891.38989-9.8011709.90
612014.08.18 12:00sell310.201.335741.360741.28574
622014.08.21 04:00close310.201.327541.360741.28574164.0011873.90
632014.10.08 16:00buy320.101.274251.249251.32425
642014.10.09 12:00close320.101.268271.249251.32425-59.8011814.10
652014.10.10 16:00sell330.201.261341.286341.21134
662014.10.13 00:00close330.201.269401.286341.21134-161.2011652.90
672014.10.13 00:00buy340.401.269401.244401.31940
682014.10.14 04:00close340.401.270021.244401.3194024.8011677.70
692014.10.22 08:00sell350.101.270071.295071.22007
702014.10.23 08:00close350.101.267171.295071.2200729.0011706.70
712014.10.28 12:00buy360.101.274501.249501.32450
722014.10.29 04:00close360.101.272331.249501.32450-21.7011685.00
732014.10.29 16:00sell370.201.263101.288101.21310
742014.11.03 20:00close370.201.250021.288101.21310261.6011946.60
 
Do a forward test and you will find your answer. A lot of us do the same way by the way. Using demo account is not good though. Try to use a small real account. Just a tip. Never leave your EA unattended during trade progress, no matter how good your ea is. I've learned it the hard way. Though somebody might have different opinion but my opinion stands, no matter what. Experience will tell you.
Reason: