Sunday, 16 May 2010

ZuluTrade - Systems I Am Testing For Next 30 Days

Open a ZuluTrade Auto Forex Account

The providers chosen for the next 30 days of testing all meet the same criteria and are listed below.

TRADING CRITERIA: They all must have short-term trades with no holding for days on end which ties up the capital in your account.

The drawdowns for each must be very low, much lower than the average system on ZuluTrade. There have not been any closed trades so far but SystemsFX LIVE has two open positions with a slight profit.

Mituki has the lowest drawdown of just 69 pips and the average trade is just 1 hour.

Next is MetaTrader Experts with 155 pips and also 1 hour trade length.

These are closely followed by Genaxus with 249 pips drawdown and 3 hours average length of trades.

Forex Da Vinci is similar with 258 pips DD and 4 hours per trade.

Last is SystemsFX LIVE who's Drawdown is 348 pips and 14 hours per trade on average, I have a feeling that this will soon be no.1.

Many systems on Zulutrade have a drawdown in 4 figures. If you click on the on the performance tab at the top of ZuluTrade's home page, you will see the drawdowns for each system listed both as a % and as total number of pips.

Provider Daily Gain Monthly Total
Forex Da Vinci 0 0
Genexus 0 0
MetaTrader Experts 0 0
Mituki 0 0
SystemsFX LIVE 0 0
Totals 0 0

Trades in your demo account differ slightly from the providers system webpage but are more representative of actual results as slippage is incorporated.

All provider signals are traded at one std lot per trade so that each system is compared exactly like for like.

Regards
Chris Kobewka

Useful Links:

AutoForexTrader | User Guide | ZuluTrade Login | About ZuluTrade | FAQ | Performance
Open Live Account | Open Demo Account | Risk Disclaimer - About ZuluTrade - TradeWall

No comments:

Post a Comment