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 "OANDA-v20 Live" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
|0.00 × 9|
|0.00 × 7|
|0.00 × 97|
|0.00 × 6|
|0.00 × 1|
|0.00 × 1|
|0.00 × 39|
|0.00 × 3|
|0.08 × 25|
|0.15 × 840|
|0.23 × 13|
|0.23 × 43|
|0.24 × 2726|
|0.27 × 116|
|0.28 × 267|
|0.35 × 17|
|0.75 × 4|
|0.79 × 19|
|1.60 × 5|
|2.05 × 112|
|2.29 × 7|
|2.44 × 16|
|4.17 × 115|
|4.35 × 98|
|5.00 × 1|
Version n°51 of 04th july 2017
Why do I trade? Because I like this job
Which is my approach? Euristic method, “Trial and Error”
Which are my goals? To build a costant, efficient and effective trading system
Trading time: from Wednesday to Friday, from 00:00 to 20:00 (gmt+3)
Which financial instrruments do I trade? Forex
Which timeframes do I look? 4 hour charts
Approach : at 00:00 (gmt+3) control of economic calendar and placing market orders.
Running trade : moving stop loss to break even when suitable
Closing : within 20:00 (gmt+3) it takes a profit or a loss.
Analisys process: strategy tester on MetaTrader4 and advanced statistics on myfxbook and mql5
Learning: books, blogs, forums, live events, webinars.
Discipline and mentality: to be patient, operate only if profittable, do not force analisys.
Golden rules and commandments: no istinct actions allowed; cancel greed, fear, hope, regret; do not trade during anomalous conditions of financial markets ( big news, closing days, holydays).
Strategy : considering volatility and trend of the most regular pair's price , mark out opening level and size of the trade.
Duration of a trade: not more than 19 hours
Platform : MetaTrader4 with time server GMT+3 ( 4 hours, 6 bars in a day, 30 bars in a week )
Indicators : calculated on open price of the bars
Roc (Rate of Change) as a price oscillator
Moving Average to mark out direction of the price (long or short) and consequently the sign ( buy o sell ).
ATR (Average True Range) to measure price volatility.
Risk / reward ratio: over 1:2
Leverage ( max loss / equity ) : 6%