FX Advisor Nostradamus S
FX trading robot Nostradamus S is positioned by the developers as a multitasking and fully automatic trading system that does not require trader intervention. The letter "S" in the name of the Expert Advisor means that the system uses scalping, so in the settings we will see very small TakeProfit and StopLoss indicators, only 10 points each, but this is not to be feared.
The trading system is based on indicators Parabolic SAR и Moving Average. Based on their readings, the Expert Advisor opens trades synchronously in two directions, using further averaging and locking methods. The principle of operation of the FX Nostradamus S Expert Advisor is somewhat similar to Ilan Dynamic, but full-fledged Martingale is not, which reduces the risks of deposit loss.
Like all advisors of this type, FX Nostradamus S has an opportunity to work both with a fixed lot and with the system of position volume management. In both variants we have a low percentage of losing trades. Traditionally, the laboratory of ForTrader.org magazine will test the conservative method, but you can try a more active method on your accounts.
FX Expert Nostradamus S is recommended to trade on the currency pair EURUSD.
Testing conditions for the Expert Advisor:
- The company: Gamma Markets LTD
- Terminal: MetaTrader 4
- Deposit: 1000$
- Account type: real, ECN
- Currency pair: EURUSD
- Timeframe: Н1
- Expert's office hours24/7
- Backtest: 2010-2012
- Start of testing:
- End date of testing:
Testing of FX Nostradamus S Expert Advisor
FX Nostradamus S test results for 2010-2011, conservative method:
Download test results of FX Nostradamus S Expert Advisor, conservative method
- Initial deposit: 1000$
- Net income: 80720.19$
- Maximum drawdown: 786.40 (1.51%)
- Average profitable trade: 9.70
Despite the fact that in general the value of a positive trade is about the same as the value of a negative trade, there are more profitable trades on 30% and this is enough to get a plus in the end. In addition, FX Nostradamus S is very productive (about 20,000 trades per year), which means there is an opportunity to make additional profits on the rebate deductions.
FX Nostradamus S test results for 2010-2011, active method:
Download test results of FX Nostradamus S Expert Advisor, active method
- Initial deposit: 1000$
- Net income: 6 606 238.09$
- Maximum drawdown: 346 346.70 (5.10%)
- Average profitable trade: 765.40
The active trading variant of the Expert Advisor we have given solely for your familiarization. If you look at the detailed report, you will notice that the quantitative signs of trades are equal, which means that the use of money management strategy does not affect the work of the robot, but only multiplies the profit.
Of course, you should realize that there is hardly any company that will allow you to earn 6 million dollars starting from a thousand, so ForTrader.org magazine does not recommend you to put the FX Nostradamus S Expert Advisor in such a form on your account.
The back-test for 2012 was not conducted due to doubts about the reliability of quotes, so the Expert Advisor was taken for testing based on the data for the previous two years.
The Expert Advisor does not work as it should. It opens a lot of trades - yes. Locks - it is not very good. But the most important thing is that its settings do not work. StopLoss, TakeProfit, TrailingStop, TimeToWait, RiskPersent - none of these settings that should help to limit losses do not work. So this EA is a drain!