Review of CarouselFX Forex Robot Testing Results - AUDCAD

21/09/2023
by Igor Kalinin

Hello, dear traders and investors!

We are delighted to present to you the unique forex robot, CarouselFX, developed by a team of experts with years of experience in forex trading since 2009. Our strategy is based on meticulous market analysis and accumulated expertise, and the testing results from January 2022 to August 2023 speak for themselves.

Testing Parameters:

  • Expert: CarouselFX v4.2 (April 7, 2020)
  • Currency Pair: AUDCAD
  • Timeframe: M1
  • Historical Data Quality: 100% real ticks

Testing Results:

  • Number of Bars: 592,444
  • Number of Ticks: 50,387,041
  • Total Net Profit: $808,885.86
  • Absolute Balance Drawdown: $0.00
  • Absolute Equity Drawdown: $507.02

forex robot CarouselFX account balance growth chart

Key Performance Metrics:

  • Profit Factor: 2.34
  • Expected Payoff per Trade: $1,534.89
  • Margin Level: 141.61%
  • Recovery Factor: 2.18
  • Sharpe Ratio: 1.72

Trade Statistics:

  • Total Trades: 527
  • Percentage of Winning Trades: 68.69%
  • Percentage of Losing Trades: 31.31%
  • Largest Profitable Trade: $148,568.42
  • Largest Losing Trade: -$43,966.35
  • Average Profit per Trade: $3,901.42
  • Average Loss per Trade: -$3,657.15

Statistics on CarouselFX Expert Advisor trades


Sequential Trade Data:

  • Maximum Consecutive Wins ($): 15 trades ($16,131.88)
  • Maximum Consecutive Losses ($): 7 trades (-$154,513.55)
  • Maximum Consecutive Profit (count): $173,687.00 (2 trades)
  • Maximum Consecutive Loss (count): -$154,513.55 (7 trades)
  • Average Consecutive Wins: 4
  • Average Consecutive Losses: 2

Charts and Correlation:

  • Correlation (Profits, MFE): 0.84
  • Correlation (Profits, MAE): 0.13
  • Correlation (MFE, MAE): -0.3530

Graphs and correlation

Average Position Holding Time:
  • Minimum Holding Time: 2 minutes and 26 seconds
  • Average Holding Time: 52 hours, 51 minutes, and 13 seconds

Average position holding time

CarouselFX has demonstrated outstanding testing results, achieving an expected payoff per trade of $1,534.89. This confirms its potential as a reliable tool for automated trading in the forex market.

Our experts are ready to provide you with more detailed information about the CarouselFX strategy and answer all your questions. Don't miss the opportunity to enhance your forex trading results with our dependable robot!

You can also copy our trades from trading on a real account using this trading setup through the copying system on the MQL5 website.

In this review we considered the test of the trading setup [ AUDCAD M1 8 088% PF2.34 DD66% P-L4-2 ]. This trading setup comes bundled with the forex robot and is available for rental or unlimited license holders.


Best regards,

Igor Kalinin

Developer of Forex Trading Strategy


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