DeMarkTrader Expert Advisor ODL Forward Test Update

Here is my latest update on DeMarkTrader Expert Advisor performance in ODL Demo account. At the moment, the pips are up to 1308 compared to 1034 pips last week. When I first started testing the EA on ODL, my Trendfilter was actually ON, only to be switched off at the beginning of this week. Because of this, the percentage gain so far is only 13%, lower if you were to compared it with FXDD forex trading demo platform. The recommended timeframe for this forex expert advisor is H1.

It is currently making about 46 pips per trade on average. I love ODL especially when trading GBP/CHF because the spread is only 6! It is the lowest compared to FXDD (8) and IBFX (9). But because of this small spread, the performance can be different if compared with FXDD and IBFX. If you look at my floating trades now, there is buy and sell orders opened. If you compared to FXDD demo, only buy orders are active now. One of my readers actually ask me if the performance is the same for all brokers, I would like to say now it is totally different. A Broker's spreads and price does influence the DeMarkTrader EA performance.

My last testing on ODL demo account which started on 29 November 2007 and ended on 15 April 2008 with Trendfilter OFF yielded a total of 6,022 pips. If i were to add with this new account test results, the total will be around 7,330 pips within 5 months. I am very impressed with this figure. This DeMarkTrader Expert Advisor is indeed a powerful and profitable forex trading system software.

Here is the latest statement on my new ODL demo forex account.

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