Discussion Xorex EA :: Real 2

Vendor writes on his website:

Is it martingale?
No, Xorex EA is not a martingale. Xorex EA increases lots but it has nothing in common with well-known martingale systems. For example, distance between positions is 50-150 points; Xorex EA does not sclap, the average profit is 40-50 points; Xorex EA trades only seveal currencies which fit the market conditions at that very moment.
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10.12.2011 04:53 11.02.2011 14:04 EURAUD Buy 0.10 - 1.33240 1.37780 1.33240 -454.0 -49.56 21d -0.32%
10.12.2011 08:25 11.02.2011 14:04 EURAUD Buy 0.15 - 1.33240 1.37270 1.33240 -403.0 -66.49 21d -0.43%
10.12.2011 11:25 11.02.2011 14:04 EURAUD Buy 0.23 - 1.33240 1.36790 1.33240 -355.0 -90.51 21d -0.59%
10.12.2011 13:05 11.02.2011 14:04 EURAUD Buy 0.34 - 1.33240 1.36410 1.33240 -317.0 -120.39 21d -0.79%
10.12.2011 17:20 11.02.2011 14:04 EURAUD Buy 0.51 - 1.33240 1.35710 1.33240 -247.0 -143.74 20d -0.95%
10.13.2011 03:35 11.02.2011 14:04 EURAUD Buy 0.76 - 1.33240 1.35190 1.33240 -195.0 -170.34 20d -1.14%
10.14.2011 15:28 11.02.2011 14:04 EURAUD Buy 1.14 - 1.33240 1.34620 1.33240 -138.0 -186.88 18d -1.26%
10.19.2011 12:10 11.02.2011 14:04 EURAUD Buy 1.71 - 1.33240 1.34090 1.33240 -85.0 -179.84 14d -1.23%
10.24.2011 06:55 11.02.2011 14:04 EURAUD Buy 2.56 - 1.33240 1.33540 1.33240 -30.0 -106.89 9d -0.74%
10.27.2011 09:00 11.02.2011 14:04 EURAUD Buy 3.84 - 1.33240 1.33040 1.33240 20.0 63.72 6d 0.44%
10.27.2011 11:25 11.02.2011 14:04 EURAUD Buy 5.77 - 1.33240 1.32350 1.33240 89.0 507.33 6d 3.52%
11.01.2011 02:55 11.02.2011 14:04 EURAUD Buy 8.65 - 1.33240 1.31620 1.33240 162.0 1437.16 1d 9.64%

Multi lots is 1.5 (0.10, 0.15, 0.23, 0.34, 0.51 ........ 8.65 lots)

Time is closing all trades is 14:04

This is typically a martingale systems!!!!

https://www.investopedia.com/articles/forex/06/martingale.asp#ixzz1RNsmENwG

Please be more accurate in your findings. Our EA do not Scalp, positions are opened in 50-100 pips distance between each other. Yes positions are closed at the same time, and lots are increased, but it doesn't mean anything. Just see how we make profit. Thank you.

I do not ask if your EA is Scalp. I say that this EA is martingale systems. You know I'm right.

You can make a backtest from year 1999 to 2011 with deposit 1.000, -? I want to see if an account survives and max. DD.

Thanks

We can't do that, because in MT4 only one currency can be tested at one time,while our EA trades several currencies and it choose better one under certain market conditions. moreover sometimes we manually turn EA off. So our EA trading is similar to Martingale, but it has nothing in common with that.

Your EA must select the best entry according to the market situation and so what your problem with the backtest?