fxwintrades.com

[petersurrey]

I have been monitoring many forex systems/strategies recently and fxwintrades.com takes some beating. They appear to have hit on the winning formula regarding great entries, careful trade management once in and incredibly low drawdowns to date. They trade the EUR, CHF and GBP and the main winner to date has been the EUR.They have 6,500 members to date and this has doubled in the last few months. They used to respond to e-mail directly but now can not due to the strong interest in their service. i am not sure how so many traders may affect their long perfomance but presumably it's still relatively small amounts compared to the big boys. If you sign up they'll send you all of their alerts direct via e-mail. They have regular updates regarding their future plans and I am hoping soon trhat they will autotrade this service so that 24 monitoring will not be necessary...

 

[sr3d]

thank you for your post. I've signed up for their alerts and hopefully it will work out fine. I am just curious about your result with them, I mean base on your experience, how accurate the signals are?

 

[petersurrey]

sr3d -I am only monitoring at the moment but going from what I have picked up on other boards ( moneytec) they appear to be accurate. They have 2 software systems matsys -a trend entry system and matsys1 a swing system, which work with the three majors GBP, EUR and CHF. In the last week if you had managed to capture all of matsys1 swing trades on just three currencies you would have made approx.900 pips. However as yet they are not providing alerts for matsys1 just the trend system. I am waiting for the whole lot to be autotraded which i believe to be soon

 

[petersurrey]

matsys1 GBP

Settings
Strategy Name Matsys1(rm).efs
Symbol Name GBP A0-FX
Initial Capital $10,000
Commission per Contract $0
Slippage $0
Interest Rate %5
Margin per Contract $50
Minimal Acceptable Rate of Return %0
Degree of Risk Aversion of the Investor Conservative
Number of Standard Deviations 1

Strategy Performance Summary
All Trades

Long Trades

Short Trades


Net Profit 425 237 188
Gross Profit 432 244 188
Gross Loss (7) (7) 0
Adjusted Net Profit 318 148 250
Adjusted Gross Profit 330 162 250
Adjusted Gross Loss (11) (14) $0.0
Select Net Profit 246 (38) (64)
Select Gross Profit 246 164 82
Select Gross Loss $0.0 (202) (146)
Max Strategy Drawdown (29) (29) (29)
Max Strategy Drawdown (%) (0.0003%) (0.0003%) (0.0003%)
Account Size Required $50 $50 $50
Return on Account 849% 473% 375%
Return on Initial Capital 4% 2% 1%
Return on Max Str Drawdown 1,4% 8% 6%
Profit Factor 61.7145 34.8571 N/A
Adjusted Profit Factor 27.6305 11.6190 N/A







# Type Signal Date Time Price Contracts Profit
Cum. Profit
1 Short Short 04/22/2005 09.45 $1.9162 1 40
40
Cover Long 04/22/2005 13.30 $1.9122 1
2 Buy Long 04/22/2005 13.30 $1.9122 1 25
65
Sell Short 04/22/2005 15.15 $1.9147 1
3 Short Short 04/22/2005 15.15 $1.9147 1 3
68
Cover EOD 04/22/2005 17.00 $1.9144 1
4 Buy Long 04/24/2005 15.00 $1.9134 1 15
83
Sell Short 04/24/2005 16.00 $1.9149 1
5 Short Short 04/24/2005 16.00 $1.9149 1 0
83
Cover EOD 04/24/2005 17.00 $1.9149 1
6 Buy Long 04/25/2005 05.30 $1.9095 1 19
102
Sell Short 04/25/2005 16.45 $1.9114 1
7 Short Short 04/25/2005 16.45 $1.9114 1 3
105
Cover EOD 04/25/2005 17.00 $1.9111 1
8 Buy Long 04/26/2005 06.15 $1.9055 1 4
109
Sell Short 04/26/2005 16.45 $1.9059 1
9 Short Short 04/26/2005 16.45 $1.9059 1 2
111
Cover EOD 04/26/2005 17.00 $1.9057 1
10 Buy Long 04/27/2005 05.30 $1.9000 1 80
191
Sell Short 04/27/2005 09.30 $1.9080 1
11 Short Short 04/27/2005 09.30 $1.9080 1 50
241
Cover Long 04/27/2005 12.30 $1.9030 1
12 Buy Long 04/27/2005 12.30 $1.9030 1 33
274
Sell Short 04/27/2005 14.45 $1.9063 1
13 Short Short 04/27/2005 14.45 $1.9063 1 6
280
Cover EOD 04/27/2005 17.00 $1.9057 1
14 Buy Long 04/28/2005 06.15 $1.9031 1 41
321
Sell Short 04/28/2005 07.45 $1.9072 1
15 Short Short 04/28/2005 07.45 $1.9072 1 8
329
Cover Long 04/28/2005 15.45 $1.9064 1
16 Buy Long 04/28/2005 15.45 $1.9064 1 (7)
322
Sell EOD 04/28/2005 17.00 $1.9057 1
17 Short Short 04/29/2005 06.00 $1.9135 1 20
342
Cover Long 04/29/2005 09.30 $1.9115 1
18 Buy Long 04/29/2005 09.30 $1.9115 1 4
346
Sell Short 04/29/2005 12.00 $1.9119 1
19 Short Short 04/29/2005 12.00 $1.9119 1 56
402
Cover Long 04/29/2005 14.45 $1.9063 1
20 Buy Long 04/29/2005 14.45 $1.9063 1 23
425
Sell EOD 04/29/2005 17.00 $1.9086 1


Total Trade Analysis



All Trades

Long Trades

Short Trades


Total # of Trades 20 10 10
Max Trade Run-up 95 95 68
Max Trade Drawdown (37) (37) (28)
Max Trade Run-up (%) 0.0% 0.0% 0.0%
Max Trade Drawdown (%) (0.0%) (0.0%) (0.0%)
Avg Trade Run-up 34 35 33
Avg Trade Drawdown (11) (14) (8)
Percent Profitable 90.00% 90.00% 90.00%
Avg Trade (win & loss) 21 23 18
Average Winning Trade 24 27 20
Average Losing Trade (3) (7) $0.0
Ratio Avg Win / Avg Loss 6.8 3.8 N/A
Largest Winning Trade 80 80 56
Largest Losing Trade (7) (7) $0.0
Max Consec. Winners 10 7 7
Max Consec. Losers 1 1 1
Largest Consec. Profit 246 217 145
Largest Consec. Loss (7) (7) $0.0







Time Analysis
Compression 15 minutes
Start Date Fri Apr 22 09:45:00 2005
End Date Fri Apr 29 17:00:00 2005
Trading Period 10,515 minutes
Time in the Market 3,990 minutes
Percent in the Market 37.94%
Longest flat period 2,745 minutes
Avg Time in Trades 194 minutes
Avg Time in Winning Trades 208 minutes
Avg Time in Losing Trades 67 minutes
Avg # Bars in Trades 13
Avg # Bars in Winning Trades 14
Avg # Bars in Losing Trades 5.5
Max Run-up Date Wed Apr 27 09:00:00 2005
Max DrawDown Date Tue Apr 26 10:15:00 2005






Daily Rolling Period Analysis
Period Profit
Profit (%) Gross Profit
Gross Loss # Trades
% Profitable
04/22/05 - 04/22/05 68
0.0% 68
0.0 3
100.00%
04/22/05 - 04/24/05 83
0.0% 83
0.0 5
80.00%
04/22/05 - 04/25/05 105
0.0001% 105
0.0 7
85.71%
04/22/05 - 04/26/05 111
0.0001% 111
0.0000 9
88.88%
04/22/05 - 04/27/05 280
0.0002% 0280
0.0 13
92.30%
04/22/05 - 04/28/05 322
0.0003% 329
(7) 16
87.50%
04/22/05 - 04/29/05 425
0.0004% 432
(7) 20
90.00%

 

[petersurrey]

- apologies the mat sys1 is an overbought and oversold system working with MACD, ATR and MA not their swing sytem as suggested earlier - clearly displayed on their website for those who are interested!