Forex Tool Data

Head to head

Goldbot One MT5vsWave Rider EA MT5

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.

Wave Rider EA MT5 leads on 2 of the 2 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
1.50
—
Payoff ratioAverage win divided by average loss
1.33
—
Max drawdownDeepest fall from a previous high
25.8%
0.0%▲
Recovery factorNet profit per unit of worst fall
2.71
—
Growth per monthTotal growth compounded to a monthly rate
4.38%
11.05%▲
Win rateNot scored — a high win rate is only good if the payoff supports it
53.1%
100.0%
Record lengthHow much evidence there is
22 months
0 months
TradesSample size behind every figure above
418
8
Total growthNot comparable on its own — the records cover different spans
152.7%
4.2%
Account sizePercentages compound faster on a small balance
$671
€400

Why these two are not quite like-for-like

  • One record is 54× longer than the other — Goldbot One MT5 has had more time to meet a market it dislikes, which cuts both ways when reading its drawdown.
  • The accounts are denominated differently (USD and EUR), so every currency amount below is in its own unit. The ratios are unaffected.

What each record shows

MT5 · Expert Advisor · XAUUSD

Goldbot One MT5

  • Grid / basket positions

Measured from trade history · 418 trades · 22 months

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MT5 · Expert Advisor · XAUUSD

Wave Rider EA MT5

No risk flags raised by the trade history.

Measured from trade history · 8 trades · 0 months

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