Overview & headline metrics
The Myfxbook record reports total gain +11,974.62%, monthly average ~5.35%, max drawdown 66.54%, 5,065 trades and 13,337.7 pips over 2018–2025. These figures show a high‑return, high‑volatility profile that suits risk‑tolerant traders only.
Live Test Summary
Month‑by‑month breakdown (high level)
Consistent months: Several months show steady 3–8% gains.
Spikes: Occasional outsized months drive cumulative growth (large winners in April noted).
Lulls & losses: Periodic negative months and long drawdown stretches explain the 66% peak drawdown.
Time‑of‑day edge
Hourly stats and trade clustering point to higher win rates during London–New York overlap and around major news windows; average trade length ~1 day suggests intraday entries held into session overlaps.
Risk profile & trade stats
Average win 14.55 pips vs average loss −31.96 pips; profit factor 1.72; expectancy ~$3.09 per trade — asymmetry implies many small winners and fewer large losers, requiring strict risk control.
Checklist for safe live deployment
Start small: demo then micro‑live with 1–5% of intended risk.
Cap drawdown: set hard stop‑loss or equity stop at 20–30%.
Session filters: run only during London–NY overlap initially.
Leverage & sizing: use conservative lot sizing; avoid max leverage.
Monitoring & VPS: 24/7 VPS, broker latency checks, and daily P&L review.
Prop‑firm note: verify allowed EA behavior and slippage rules before applying.
Quick comparison table
| Metric | Interpretation |
| Total gain +11,974.62% | Exceptional growth; driven by spikes |
| Max drawdown 66.54% | Very high; needs strict risk caps |
| Trades 5,065 | Robust sample size |
| Profit factor 1.72 | Positive edge but not bulletproof |
Conclusion
Waka Waka shows a clear trading edge but with large drawdowns; deploy with conservative sizing, session filtering, and active risk limits to convert historical edge into sustainable live returns.
