FOREX SETKA TRADER is an expert worthy of attention!
Greetings, dear visitors to the “Test of Advisors” section.
Today I would like to present to your attention the result of testing one of the most popular advisors of the FOREX grid system SETKA TRADER. There are a lot of discussions about this robot, but almost all of them are supported by monitoring and tests on real accounts aged six months or more.
However, our team never takes anyone’s word for it, especially since we have the opportunity to conduct real tests on our VPS server. I would like to remind you that FOREX SETKA TRADER is a typical grid operator that places orders as the price moves, and if the price moves in the opposite direction, averaging occurs, in other words, a martingale is activated.
Previously, we reviewed this expert in the “Forex Advisors” section, so you can find more detailed information on optimizing settings, as well as technical features, in the article “ FOREX SETKA TRADER ”. I also did a preliminary test of the Expert Advisor in the strategy tester, the result of which you can see below:
For better testing results, we installed the expert on the VPS server , which allowed us to make the expert work around the clock without any intervention on our part.
Just as stated in the instructions to the expert, a demo account was opened in the amount of $10,000, which is equivalent to $100 on a cent account. The test begins on July 15, 2015, and ends on July 29, 2015. The expert traded the minimum lot for the euro/dollar pair on the minute chart. You can see the test result in the picture below:
If you compare the two graphs of the preliminary test in the strategy tester and the test in real trading conditions, you can see a dramatic difference in the direction of the demo test, since the growth graph looks smoother without any special drawdowns with a good increase in profits.
During this short test period, the expert brought in five percent profit, and the drawdown did not even reach one percent of the deposit.
In total, the expert made 51 trades, and the total percentage of winning positions was 58.8%, which tells us about the viability of the expert and its profitability. It is important that the expert has a fairly high profit factor, which is 5.13, when for martingale it usually does not exceed 2.
In general, according to the test results, FOREX SETKA TRADER left a good impression, so my team and I can recommend it to you for trading on a cent account .
Remember that the EA is based on martingale, so you must have a sufficient deposit (at least $200-300 in mini accounts) to confidently withstand any drawdown. You can get acquainted with other advisors in the section http://time-forex.com/sovetniki