FX Genius: Key Performance Metrics
- Ryan Norris
- Jan 24, 2022
- 3 min read
Updated: Jan 25, 2022
This post reviews, FX Genius's Algorithmic trading performance across 12 accounts in which it produced a 14% return on $359,000 of equity on demo accounts over 9 weeks as part of the ongoing development trials.
Key Stats
During 9 weeks of operation, FX Genius executed 22,811 trades with 2,396 losses. The average profit per winning trade was $3.9 and the average losing trade was $2.4. The total profit banked was $85,2740 however since there were still a number of trades in play that were not in profit the equity at the point of recording the metric snapshot was $50,878. This meant that although $85K was banked if I were to close all open orders I would walk away with $50k.
Growth Comparison
The below chart represents the growth in equity since the miner began operating to the time this post was submitted. Miner 1 for example was initiated on Nov 22, 2021, and has grown steadily to the end of January with a return of over 80%. Miner 3 which was initiated in early December has grown more rapidly and is currently tracking at 75% growth. The remaining miners have seen much slower growth however most are larger accounts of 100K and 50K, and therefore 5-25% growth less than 8 weeks is still impressive.
Currency Pairs
FX Genius was tested over 14 currency pairs including metals and commodities. The versatility of the software is telling as FX Genius produces consistent results over a range of markets. The average win rate consistently exceeds 90% in most markets over hundreds or thousands of trades.
PAIR | WON | LOST | TOTAL | WIN RATIO |
AUDUSD | 0 | 2 | 2 | 0.00% |
AUS200 | 109 | 1 | 110 | 99.09% |
CADCHF | 703 | 18 | 721 | 97.50% |
CHFJPY | 1,942 | 101 | 2,043 | 95.06% |
EURUSD | 6,707 | 135 | 6,842 | 98.03% |
GBPCHF | 5,267 | 737 | 6,004 | 87.72% |
GBPJPY | 5,885 | 1,308 | 7193 | 81.82% |
GBPUSD | 0 | 2 | 2 | 0.00% |
NZDCAD | 819 | 1 | 820 | 99.88% |
USDCAD | 333 | 0 | 333 | 100.00% |
USDJPY | 296 | 63 | 359 | 82.45% |
USOIL | 25 | 0 | 25 | 100.00% |
XAGUSD | 71 | 5 | 76 | 93.42% |
XAUUSD | 654 | 23 | 677 | 96.60% |
TOTAL | 22,811 | 2,396 | 25,207 | |
Performance Metrics
The following is a snapshot of the daily and monthly returns which is currently tracked via myfxbook.com. These returns speak for themselves. The astute reader will key in on the Drawdown, which indicates how aggressive FX Genius was configured. A Drawdown is the % of negative equity in the account. The more aggressive the configuration the higher the risk of blowing an account. The account which experienced the greatest risk was Miner 2 which to be honest was configured very aggressively and exceeded 50% drawdown. This is not good, But it could be worse. A Drawdown of 80% or more is a sign of a badly managed account, poor selection of an opportunity or a significant adverse market move.
Conclusion
FX Genius continues to exceed all performance expectations. The above results were produced with minimal human management/ interaction and this is very encouraging. The Miners can be managed remotely from any smart device or desktop which adds to its operating versatility. FX Genius is currently being tested on Crypto Currencies available on MT4 and the initial results are promising, this opens up many more opportunities to put the miner to work.
The secret sauce is not in the Miner, it would be amazing if you could press a button and see these types of results. Identifying the right opportunities to place the miner is key to its success. If you want to learn more on how you can identify these opportunities then sign up for the next FX Mining Course where we take you through the whole process so you can receive the tools and education to execute basic strategies to pull consistent profits from Forex Markets
If you want to find out more about the FX Miner please email info@makethumbmoney.com.
Author: Ryan Norris Creator of the Thumb Money Method
Disclaimer: All claims to the above metrics were base don raw data downloaded from the brokerage account which is made available for Transparency in the appendix. If you see anything that is incorrect or misstated in the blog through your own analysis I will be happy to review and correct.
Appendix
1. Combined Raw Data: Excel File with consolidated miner metrics.
2. Raw Performance Metrics: Miner 8 has been omitted as FX Genius was partially used on a small EURUSD account and is not relevant to this assessment.
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