Head to head
GoldCyclevsThe Forex Exchanger 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.
The Forex Exchanger MT5 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
- 2.30▲
- 3.65▲
- Payoff ratioAverage win divided by average loss
- 1.61▲
- 0.62▲
- Max drawdownDeepest fall from a previous high
- 13.1%▲
- 12.3%▲
- Recovery factorNet profit per unit of worst fall
- 10.23▲
- 21.11▲
- Growth per monthTotal growth compounded to a monthly rate
- 42.02%▲
- 5.39%▲
- Win rateNot scored — a high win rate is only good if the payoff supports it
- 58.8%▲
- 85.5%▲
- Record lengthHow much evidence there is
- 5 months▲
- 58 months▲
- TradesSample size behind every figure above
- 97▲
- 897▲
- Total growthNot comparable on its own — the records cover different spans
- 413.8%▲
- 1950.6%▲
- Account sizePercentages compound faster on a small balance
- €20,000▲
- €3,000▲
Why these two are not quite like-for-like
- One record is 12.2× longer than the other — The Forex Exchanger MT5 has had more time to meet a market it dislikes, which cuts both ways when reading its drawdown.
- The tracked accounts are 7× apart in size. Percentage growth compounds much faster on a small balance, so the growth figures are not the like-for-like they look.
- They trade different instruments — XAUUSD against EURUSD, GBPUSD — so the two records were made in different markets.
What each record shows
MT5 · Expert Advisor · XAUUSD
GoldCycle
- Martingale-style position sizing
- Unbounded losses
Measured from trade history · 97 trades · 5 months
Read the full page →MT5 · Expert Advisor · EURUSD
The Forex Exchanger MT5
- Grid / basket positions
- Unbounded losses
Measured from trade history · 897 trades · 58 months
Read the full page →