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Working System Details
It automatically opens and resumes all its operations and automatically closes it when needed.
It uses Stop Loss(S/L) and Take Profit(T/P) values in every trade. However, when it deems necessary, it can close its transactions without waiting for these values.
As suitable conditions occur, it approaches the S/L value. Accordingly, it has many profitable transactions even though they are closed with S/L. (Uses different systems than the familiar "Following Stop".)
It doesn't scalp. Unless it is closed with S/L or T/P, it keeps each transaction open for at least 1 hour, and there may be transactions that it keeps open for more than 24 hours.
It does not leave any trades at the end of the week.
It has Spread - Slippage control. Even if there are suitable conditions for opening a trade, it will not open when there is a high spread or when there is a large shift in the price.
It is a system consisting of 3 different robots working in EURUSD, GBPUSD and EURGBP parities.
It gives nearly 100% equal results on all accounts and strategy trials.
It does not need any intervention during its operation. When it wishes, it can work for months without any intervention.
How to Obtain Reports?
The MT4 you use keeps in mind the past price movements of the pairs. Thanks to the Strategy Experiment function, you can find the answer to the question "how much profit/loss would I have made if I used this robot between these dates".
MT4 can also show you the price movements it remembers on the chart if you wish. It generates a report of how your robot performed in those movements (that is, in that date range).
You can get the same reports by using the free versions of the robots. All the details on this topic are shipped with the free versions.
Why Are Reports Important?
These reports reveal the most accurate results obtained by operating the robots without stopping and without any intervention. Thus, you can examine the periods in which the robots damaged in detail, You can analyze to any extent you want. In order for the report results to be reliable, the structure of the robots must be suitable for this and they must not have been closed to past testing by their developers.
How to Trust the Reports?
We have to make sure that a bot we test performs pretty much the same on the real/demo account and on the strategy trial.
You can see a lot of robots making huge profits in experimenting with strategy. However, unless they are compared to real transactions, these remain only illusory dreams.
Some robots have been closed to strategy trials by their developers. In the promotion of these robots, you are presented with the profits they have made on certain dates, and believe me, they are extremely impressive.
So, how do we know that a robot behaves the same in strategy trial and real/demo account, that is, in real trades? There is only one realistic way to understand this. In at least 1 week, we should see that the robot opens the same trades at the same time in the strategy trial and in the real/demo account and closes them with the same profit/loss. No other way is completely convincing. The robot's 1 week, 1 month, etc. Seeing real account results alone is not enough as it does not allow testing different dates.
But, if the robot behaves in the same way in real/demo account and strategy trial for at least 1 week, it means that the results of this robot in strategy trial are reliable results.