Head to head

EA New Level TradingvsInstitutional SMC Robot

Both sets of figures are computed the same way from each product's own record. The measures that can be read against each other — the unit-free ratios — are scored. The ones that depend on how big the account was or how long it ran are shown underneath, unscored, because putting a winner on them would be comparing two different questions.

Institutional SMC Robot leads on 3 of the 5 measures that can be scored.

A count of rows, not a recommendation. Which of these measures matters is a question about the account it would run on.

Profit factorEverything won divided by everything lost: 1.84; 3.22▲
Payoff ratioAverage win divided by average loss: 0.49▲; 0.48
Max drawdownDeepest fall from a previous high: 20.3%; 14.7%▲
Recovery factorNet profit per unit of worst fall: 5.87▲; 2.46
Growth per monthTotal growth compounded to a monthly rate: 11.38%; 62.20%▲
Win rateNot scored — a high win rate is only good if the payoff supports it: 78.9%; 87.0%
Record lengthHow much evidence there is: 10 months; 1 months
TradesSample size behind every figure above: 1,541; 23
Total growthNot comparable on its own — the records cover different spans: 187.4%; 82.9%
Account sizePercentages compound faster on a small balance: $10,000; €100

Full pageView EA New Level Trading →View Institutional SMC Robot →

Why these two are not quite like-for-like

One record is 8.2× longer than the other — EA New Level Trading has had more time to meet a market it dislikes, which cuts both ways when reading its drawdown.
The tracked accounts are 100× apart in size. Percentage growth compounds much faster on a small balance, so the growth figures are not the like-for-like they look.
The accounts are denominated differently (USD and EUR), so every currency amount below is in its own unit. The ratios are unaffected.
Both cover XAUUSD, but Institutional SMC Robot also trades BTCUSD, EURUSD, USDJPY, USDCAD, US30. Its figures are a blend across those instruments rather than a result on XAUUSD alone.

What each record shows

MT5 · Expert Advisor · XAUUSD