Monday, May 27, 2013

Omega Trend EA | Performance Update May 2013

Good Day, today I will discuss an updated performance report on the Omega Trend EA. The below graph illustrates performance of trading 3 currency pairs by the vendor on a demo account. This account is trading the Eur/Usd, Eur/Jpy, and the Gbp/Usd. You should notice the high Drawdown for a small gain.


But if you look a little closer you will notice that most of the DD has come from the Gbp/Usd, and the Eur/Jpy. When we look at the performance of the Eur/Usd alone, it paints an entirely different picture indeed. See below image:


Above you will notice that this pair is running at a very nice 7.37% monthly rate with a relatively small 21.82% DD. All this while most trend trading systems are in some serious DD right now. With this being said I DO recommend trading this sytem with the Eur/Usd pair in the future. It has handled these recent wild markets rather well. Happy Trading!