July 23, 2008
Performance Update for the actual public account. (EA Shark 4.0 Ultimate Build 02)
Actual Profit/Loss: +23.79 % since 2008.06.09
To receive the login data, please send us a short email to: office@forexeasystems.com
July 21, 2008
Performance Update for the EA SHARK
Actual Profit/Loss: +975.25 % since January 2007
After developing a Trading Strategy, we trade the strategy for a while manually on Demoaccounts.
When the results are good we start to code a Beta Version and run backtests with 1 Minute Data or Tick Data for a period from minimum 7 years. Testresults must show constant and stable results in any market conditions. Test quality must be 90% or higher.
A test period of 7 years or more is needed to see how the EA work in different market conditions.
After intensive Back testing we start with Forward testing on Demo accounts. (Usually over a Period of 3 Months). After that we compare the Forward results with the Backtest results from the same period. We call this a Consistency Test.
After the Consistency Test, the EA is ready for the final test on a real account. After 3-4 months of successful testing on a Realaccount - the system is ready for use and available to our customers.
We constantly analyze every developed automatic Trading System/Manual Trading Strategy as we use them for our own real accounts.