Aladdin 7 FX Pro Expert Advisor - testing

Aladdin 7 FX Pro Expert Advisor is a product of further development of automatic trading systems of Aladdin series and, according to the developers, is deprived of all the disadvantages of previous versions. In the "Expert Lab" we investigate how successful this robot is.

 Alladin7FX advisor
Alladin7FX advisor

In the Aladdin 7 FX Pro Expert Advisor the principle of indicator input and position tracking is implemented with the help of built-in logic. The use of the indicator filter and internal logic system allows you to sift out false signals.

The advantages of the Aladdin 7 FX Pro Expert Advisor are:

— стабильность работы даже при сильной volatility market;
— защита депозита с помощью обязательного выставления стоп-лоссов;
— сопровождение прибыльных позиций трейлинг-стопом;
— возможность настройки всех входных параметров в зависимости от размеров депозита, уровня приемлемого риска и требований брокера;
— возможность работы на центовых депозитах. В тестировании используем  рекомендуемый – 1000$;
— не является пипсовщиком и не вызывает никаких претензий со стороны брокера.

The disadvantage of the Expert Advisor, according to the experts of fortrader.org, is the relatively low yield. According to the results of back-tests Aladdin 7 FX Pro Expert Advisor showed a return of about 100%which is the result of a low-risk strategy.

Aladdin 7 FX Pro Expert Advisor is recommended for trading on the currency pairs EURUSD, GBPUSD, USDCHF. Testing of the Expert Advisor in the laboratory of fortrader.org magazine was decided to conduct on the EURUSD currency pair.

Testing conditions for the Expert Advisor:

The company: Gamma Markets LTD
Terminal: MetaTrader 4

Deposit: 1000$
Account type: real
Currency pair: EURUSD
Timeframe: М15
Expert's office hours24/7
Backtest: 2010-2012
Start of testing: 05.02.13
End date of testing: 05.05.13

Testing Aladdin 7 FX Pro Expert Advisor

Aladdin 7 FX Pro test results for 2010:

Testing Aladdin 7 FX Pro Expert Advisor
Testing Aladdin 7 FX Pro Expert Advisor

Download the results of testing Aladdin 7 FX Pro Expert Advisor in 2010

Initial deposit: 1000$
Net income: 1005.11$
Maximum drawdown: 260.06 (11.48%)
Average profitable trade: 10.45
Average loss trade: -32.05
Maximum spread for work: 23 (5 digits)

Aladdin 7 FX Pro test results for 2011:

Aladdin 7 FX Pro test results for 2011
Aladdin 7 FX Pro test results for 2011

Download the results of testing Aladdin 7 FX Pro Expert Advisor for 2011

Initial deposit: 1000$
Net income: 1235.45$
Maximum drawdown: 268.40 (14.18%)
Average profitable trade: 10.25
Average loss trade: -25.63
Maximum spread for work: 23 (5 digits)

The back-test for 2012 was not conducted due to doubts about the reliability of quotes, so the expert was taken for testing by ForTrader.org laboratory based on the data from the previous two years.

Monitoring the trading advisor
Discussion Aladdin 7 FX Pro (download)
Download a test set of advisor

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