FXCore100 EA [UPDATED]

Test period

7 Sep 2021 – 8 Dec 2021

Broker

FBS · Real 9

Model

Every tick · M15 EURUSD

Initial deposit

$1,000

Net profit

$9,941

Profit factor

1.91

Maximal drawdown

$8,406 (46.80%)

Total trades

1,867 (71.9% won)

Published Strategy Tester report — a backtest, not live trading. FBS (Real 9), 7 Sep – 8 Dec 2021, every tick on M15 EURUSD: net profit $9,941 on a $1,000 deposit, profit factor 1.91, maximal drawdown $8,406 (46.80%), 1,867 trades of which 1,343 won. Modelling quality was 87.18% with 28 mismatched-chart errors, both of which are below the standard that makes a backtest trustworthy. Every one of the 1,867 trades was a short — the report is titled "FXCore100 SELL" and shows no long positions. Two things to weigh against the headline profit: the product recommends H4 while this test ran M15, and the product's own money-management table puts M15 accounts in the $11,000–$16,000 bracket, not $1,000. Treat these as historical simulations, not evidence of live results.

FXCore100 is a grid seller on EURUSD: the report takes 1,867 short trades and no longs, adding positions as price rises against the entry and closing them as it retraces. That is what produces a rising curve at a 71.9% win rate — and also the 46.80% maximal drawdown, because the losing 28% of trades are held through as the grid widens. The drawdown is the number to focus on: on a $1,000 account it means roughly half the equity was at risk at the worst point of the test, on a timeframe the product itself says needs eleven to sixteen thousand to run at low risk. Nothing here has been forward-tested on a tracked account.