DeMarkTrader EA FXDD Forward Test Update

Here is the latest summary on the DeMarkTrader Expert Advisor forward test result on FXDD Demo platform.

Pips was down from 2,725 to 2,557 at the close of this week trading yesterday. According to Dailyfx.com, GBP/CHF medium trend is up at the moment but the long term trend is still down. My TrendFilter is Off for this EA, so I don't bother about what is the trend now when the EA enters trade. My concept is simple, as long as Demark Trendlines are broken, trades will be filled.

Long trades work well this week with DeMarkTrader EA but shorts was on the losing end. At the time of this posting, i have 2 trades that is active and will be carried over to next week, the floats is up by about 25 pips at the moment. These 2 trades went as high as 190 pips total last Thursday, but a minor correction happened yesterday with the pair coming down to a low of 2.0453 before buyers came in again and end the day at 2.0548.

Since testing 7 days ago on a new FXDD demo forex account, the EA is now up by about 25% with an average gain of 64 pips per trade. The DeMarkTrader EA will open between 2-4 trades once it receives the autotrading signal. If you are interested in my DeMarkTrader forex trading system software, please drop me an email at autopips@gmail.com. In the mean time, please checkout the screenshot of the FXDD for further info.




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