|Symbol||Gross Profit, USD||Loss, USD||Profit, USD|
|Symbol||Gross Profit, pips||Loss, pips||Profit, pips|
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 "ICMarketsEU-Live02" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
This account trades the London and New York sessions. An appropriate pair from the combination of these currencies are traded: AUD, CAD, CHF, JPY, EUR, GBP, NZD, USD. As far as possible, trades will be closed within the trading day.
As simply looking at charts can be misleading because of triangular equilibrium (all currencies are linked) and individual currency liquidity in the forex market, this system also uses data not available on charts to select trades.
An algorithm/EA calculates the trade size & stop loss, with a low risk per trade. The trade size and stop loss are dependant on the risk set per trade, the PIP value of the pair being traded, the time frame chosen for the trade and how strongly that market is moving.
This EA was optimized after the first few trades and now will give a much more stable growth profile that during the 1st month.