Hi guys. I extracted the statement from Metatrader, and plotted on mine through a script. I think this EA is very risky and lucky so far. it always wins since it has no SL and took advantade of the ranging december market. I am pretty curious to see what it will do now. I noted that the positions opened have been decreased drammatically. There is a risk of 100% DD! I am not sure but maybe one position is in DD, only positions in the other direction are taken. Not sure though. anyway so far good work!

Originally posted by paradise

What i mean is this: I can open trades randomly and close any trade that goes into profit. Then, keep open any trade that is in the negative. If I do that, I will have a 0% drawdown for as long as I can survive. A good shaped balance curve.... All this because the drawdown is based on balance, so it will only record closed trades. I can keep on doing this until the day where one of my trades goes in deep drawdown and touches the margin call level. Something like this:

totally agree with you. there should be equity based charts!

Hey David, I'm very interested in the script you talked about. Can you share it?

Sure. You can find it here: http://codebase.mql4.com/6135

very great performance ... which ea it is it is commercial ea or u made yourself this ea?