Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.
Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.
The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "AdmiralMarkets-Live3" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
This is NOT scalping or any other high risk strategy
Stop Loss is always in place
Take Profit is always more than Stop Loss (1:2 Risk/Reward ratio on my main AUD/USD trades so it's very safe!)
Trailing Stop is used to minimise losses
The drawdown from the 1st 2 months can be ignored because this was when I was testing various strategies. Since then I only continued with the best strategy and it is now fully automated by my Wintelligent EA. It can be traded with any leverage amount from 1:100 upwards.
Please note: A VPS should be used to ensure you are copying the signals 24 hours a day and you don't miss a trade. People often find problems when copying a signal if the signal provider uses an ECN account. To fix these problems, when migrating your MT4 to the VPS, select the option to 'migrate all' rather than just 'signal only' and make sure you have EUR/USD, AUD/USD and GBP/USD open in your market watch before migrating. An ECN account is recommended for the best spreads.
Please feel free to message me or leave a comment with any questions