Squid. Long doesn't mean profitable.

Greetings, dear visitors of the expert testing thread. As previously promised, a mini-test of the Squid expert advisor was conducted. I'd like to remind you that this is a medium-term expert advisor, and its algorithm utilizes martingale and other risky capital management methods.

You can download the settings themselves and the set file with the settings in the Advisors section, where a full analysis of the expert advisor and its demo tests was conducted.

The expert advisor's author warns in his instructions that the advisor may stall for long periods and occasionally end up in the red. Despite the expert advisor's warnings, we conducted a real-time test on a demo account.

To ensure a reliable test, a demo account was opened with a $10,000 deposit, or, like most, $100 on a cent account. Since the server was taken offline for the actual testing, the expert advisor was in the market 24/7 and physically couldn't miss any trading signals.

The test began on the EUR/USD currency pair on an hourly timeframe from May 27, 2015, to June 22, 2015. The EA was in the market for 25 days, but only three positions were opened during this time. You can see the test results in the image below:

 Analyzing the report for the test period reveals that two of the three trades closed positively. However, the stop loss on the losing position was so large that it more than closed both profitable positions at once. Overall, the expert advisor lost 1.8 percent of the deposit during this test period, which wouldn't have hurt the trader too much.

Overall, I can say that the testing period was very short for this expert advisor. However, to my great regret, I noticed a negative trend: the actual stop loss was much higher than the profit, which in turn could have consequences for my deposit. Overall, the testing period left only a bad feeling, so I don't recommend using the expert advisor on a real account. Thank you for your attention, and good luck!