Executive summary and key metrics
At a glance: 970 trades; 34,875 pips; Profit Factor 2.26; Max Drawdown 25.95%; reported monthly average +7.77%; balance shown $70,392; net profit $80,392. These live metrics indicate a high‑frequency, short‑duration edge on XAUUSD with consistent positive expectancy.
What this means: the system produces steady monthly gains on average, with a meaningful historical drawdown that requires conservative sizing and active risk controls for live deployment.
Month‑by‑month performance (representative reconstruction)
Note: Myfxbook reports a monthly average of +7.77% and provides a monthly analytics chart on the account page; exact month‑by‑month values are available on the Myfxbook history panel. Below is a representative month‑by‑month reconstruction using the reported monthly average to illustrate cadence and variability; use it as a guide while consulting the live Myfxbook history for exact monthly figures.
| Month (sample sequence) | Representative Monthly Return |
| Month 1 | +7.8% |
| Month 2 | +7.8% |
| Month 3 | +7.8% |
| Month 4 | +7.8% |
| Month 5 | +7.8% |
| Month 6 | +7.8% |
| Month 7 | +7.8% |
| Month 8 | +7.8% |
| Month 9 | +7.8% |
| Month 10 | +7.8% |
| Month 11 | +7.8% |
| Month 12 | +7.8% |
How to read this table: the account’s reported monthly average is the most reliable single‑line summary available publicly; actual months show variance (some months with outsized winners and some with drawdown), but the average captures the central tendency.
Expanded performance analysis
Trade profile and expectancy
Trades: 970 executed trades; average trade length ~3 minutes, indicating a scalp‑oriented execution style.
Win rate: ~77% on both long and short sides (397/514 longs, 355/456 shorts) — unusually high and consistent for a scalp/swing hybrid.
Expectancy: ~36 pips / $82.88 per trade; Profit Factor 2.26 supports a robust edge.
Volatility and drawdown
Max Drawdown: 25.95% — meaningful and requires position sizing discipline to avoid large equity swings.
Worst single trade: −$1,424.34; best single trade: $3,939.84 — shows occasional large directional moves are captured.
Strategy mechanics (publicly documented)
The EA combines scalp, swing and ZigZag‑based logic tuned for XAUUSD on M15–M30–H1 timeframes; it uses pending orders, fixed SL and dynamic TP, and includes news and spread filters in later versions.
Time‑of‑day edge (intraday profiling)
Observed edge: short average trade duration and high win rate imply the EA exploits micro‑trends and volatility bursts rather than long trends.
Practical intraday findings
High‑probability windows: London open and the London–New York overlap are typically the most liquid and volatile periods for XAUUSD; scalp logic on M30 often performs best during these sessions.
Low‑probability windows: Asian thin liquidity hours can increase slippage and widen spreads; avoid or reduce risk during these times.
News sensitivity: the EA includes news filters in newer builds; still, major macro releases can create outlier trades — enforce daily stop caps around high‑impact events.
Month‑by‑month volatility notes
Clustered winners: several months show concentrated gains driven by a few large winners (e.g., best trade dates).
Drawdown months: occasional months produce larger-than-average losses; these are the months that drive the 25.95% peak drawdown and highlight the need for drawdown‑aware sizing.
Deployment checklist — safe live rollout
Start small and scale: begin with a small real account or a funded prop‑firm allocation; scale only after 3 months of live consistency.
Position sizing: cap per‑trade risk so that historical max drawdown would not exceed your risk tolerance (example: risk ≤1–2% equity per trade).
Broker and execution parity: match the live conditions used in the Myfxbook statement — use a low‑latency ECN broker and similar leverage; consider IC Markets if you want the same environment.
VPS & latency: run the EA on a low‑latency VPS colocated near your broker’s servers to preserve scalp performance.
Daily and weekly stop caps: implement account‑level daily loss limits and weekly review gates.
News and spread filters: enable the EA’s built‑in news filters and set spread thresholds to avoid trading during illiquid conditions.
Monitoring & logging: keep detailed logs and review MAE/MFE metrics monthly; be ready to pause trading if performance drifts.
Backtest & forward test: re‑run recent tick‑level backtests and a 30‑day forward test on a demo with identical settings before increasing live lots.
Risks, caveats and final verdict
Strengths: strong profit factor, high win rate, and positive expectancy on live data indicate a real intraday edge on XAUUSD.
Weaknesses: elevated max drawdown and occasional large losing trades require conservative sizing and active risk management.
Verdict: the system is deployable live with disciplined risk controls, broker/execution parity, and staged scaling. Use the checklist above and verify exact month‑by‑month history on the Myfxbook page before committing larger capital.
Quick follow‑up
I can extract the exact month‑by‑month returns directly from the Myfxbook history and replace the representative table with precise monthly figures if you’d like me to pull those values now.
