By continuing to use our website you agree that cookies are used to improve the user experience (e.g. to saving settings). More info. That's Fine
Please support us by disabling the ad blocker for our website. Thank you! I will

EA review - TwilightTrade SEES

Rating total:
Backtests:
Live performance:
Risk control:
Customizability:
Price:
Vendor link | Price: $1000  (2019.09.03)
Trading strategy: Counter-Trend, Grid, S/R levels
Vendor live account: Yes
Own live account: No
Latest tested version:   17.87
Latest tested date: 2019.09.03
Risk factors: Extended trends without reversal

TwilightTrade SEES combines different approaches like level trading, price action and various indicators, for example multiple moving averages. 

The EA does not offer much customization for the users, but it includes 10 different internally stored set files, of which 5 are monitored in live signals from the author with good performance. 

The description says that it does not use a grid logic, but in the backtest you can see that it holds up to 20 positions in the same direction for a very long time with large stop losses. Some of the set files (e.g. EURUSD 02) held positions for over 5 years and only closed them at the end of the backtest. This behavior leads in a risk profile similar to typical grid strategies, which can also be seen in the equity curve of the backtests. 

Our opinion

The live performance is impressive, but such extreme gains are usually also a sign for extreme risks. In 5 out of 10 backtests the EA held position over multiple years resulting in large losses at the end, which is a warning sign against using such a strategy.

Live performance


Fixed lot size backtests

Why do we use fixed lot size (0.1 lots)? Check our educational page.

Dukascopy 2019.09.03, version 17.87

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 13:15 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=1; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243054Ticks modelled228354381Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit6836.90Gross profit36448.80Gross loss-29611.90
Profit factor1.23Expected payoff4.94
Absolute drawdown5653.00Maximal drawdown11209.60 (10.33%)Relative drawdown10.33% (11209.60)
Total trades1384Short positions (won %)700 (92.71%)Long positions (won %)684 (90.06%)
Profit trades (% of total)1265 (91.40%)Loss trades (% of total)119 (8.60%)
Largestprofit trade149.50loss trade-1201.00
Averageprofit trade28.81loss trade-248.84
Maximumconsecutive wins (profit in money)220 (6741.70)consecutive losses (loss in money)6 (-4823.70)
Maximalconsecutive profit (count of wins)6741.70 (220)consecutive loss (count of losses)-4823.70 (6)
Averageconsecutive wins40consecutive losses4
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolGBPUSD (Great Britain Pound vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 13:15 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=1; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243056Ticks modelled224899078Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit4409.20Gross profit38526.50Gross loss-34117.30
Profit factor1.13Expected payoff3.06
Absolute drawdown9631.20Maximal drawdown9939.70 (9.91%)Relative drawdown9.91% (9939.70)
Total trades1440Short positions (won %)831 (92.18%)Long positions (won %)609 (87.85%)
Profit trades (% of total)1301 (90.35%)Loss trades (% of total)139 (9.65%)
Largestprofit trade149.50loss trade-1750.00
Averageprofit trade29.61loss trade-245.45
Maximumconsecutive wins (profit in money)159 (4509.90)consecutive losses (loss in money)7 (-1213.90)
Maximalconsecutive profit (count of wins)5536.70 (156)consecutive loss (count of losses)-6975.00 (4)
Averageconsecutive wins37consecutive losses4
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 10:15 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=2; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243054Ticks modelled228354381Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit-19475.60Gross profit57902.70Gross loss-77378.30
Profit factor0.75Expected payoff-32.51
Absolute drawdown40602.60Maximal drawdown58752.40 (46.85%)Relative drawdown46.85% (58752.40)
Total trades599Short positions (won %)274 (64.60%)Long positions (won %)325 (61.54%)
Profit trades (% of total)377 (62.94%)Loss trades (% of total)222 (37.06%)
Largestprofit trade629.90loss trade-2854.60
Averageprofit trade153.59loss trade-348.55
Maximumconsecutive wins (profit in money)18 (2517.20)consecutive losses (loss in money)20 (-46135.30)
Maximalconsecutive profit (count of wins)2517.20 (18)consecutive loss (count of losses)-46135.30 (20)
Averageconsecutive wins3consecutive losses2
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolGBPUSD (Great Britain Pound vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 10:15 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=2; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243056Ticks modelled224899078Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit81204.40Gross profit139928.60Gross loss-58724.20
Profit factor2.38Expected payoff70.31
Absolute drawdown6049.70Maximal drawdown18840.10 (12.66%)Relative drawdown12.66% (18840.10)
Total trades1155Short positions (won %)515 (70.87%)Long positions (won %)640 (69.53%)
Profit trades (% of total)810 (70.13%)Loss trades (% of total)345 (29.87%)
Largestprofit trade741.80loss trade-936.20
Averageprofit trade172.75loss trade-170.22
Maximumconsecutive wins (profit in money)17 (3104.30)consecutive losses (loss in money)8 (-3939.90)
Maximalconsecutive profit (count of wins)4301.10 (13)consecutive loss (count of losses)-3939.90 (8)
Averageconsecutive wins5consecutive losses2
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 13:15 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=3; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243054Ticks modelled228354381Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit6856.30Gross profit68515.10Gross loss-61658.80
Profit factor1.11Expected payoff4.43
Absolute drawdown46041.90Maximal drawdown61375.80 (39.81%)Relative drawdown46.81% (47480.90)
Total trades1546Short positions (won %)771 (91.05%)Long positions (won %)775 (87.10%)
Profit trades (% of total)1377 (89.07%)Loss trades (% of total)169 (10.93%)
Largestprofit trade674.90loss trade-2685.60
Averageprofit trade49.76loss trade-364.84
Maximumconsecutive wins (profit in money)100 (4135.50)consecutive losses (loss in money)20 (-47839.00)
Maximalconsecutive profit (count of wins)4135.50 (100)consecutive loss (count of losses)-47839.00 (20)
Averageconsecutive wins21consecutive losses3
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolGBPUSD (Great Britain Pound vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 13:15 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=3; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243056Ticks modelled224899078Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit-40732.20Gross profit57058.10Gross loss-97790.30
Profit factor0.58Expected payoff-29.16
Absolute drawdown45778.20Maximal drawdown92700.80 (63.09%)Relative drawdown63.09% (92700.80)
Total trades1397Short positions (won %)712 (91.57%)Long positions (won %)685 (89.64%)
Profit trades (% of total)1266 (90.62%)Loss trades (% of total)131 (9.38%)
Largestprofit trade581.80loss trade-4672.70
Averageprofit trade45.07loss trade-746.49
Maximumconsecutive wins (profit in money)207 (9674.70)consecutive losses (loss in money)20 (-87881.10)
Maximalconsecutive profit (count of wins)9674.70 (207)consecutive loss (count of losses)-87881.10 (20)
Averageconsecutive wins27consecutive losses3
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 23:45 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=4; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243054Ticks modelled228354381Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit-379.60Gross profit136812.40Gross loss-137192.00
Profit factor1.00Expected payoff-0.11
Absolute drawdown34856.20Maximal drawdown36515.50 (35.92%)Relative drawdown35.92% (36515.50)
Total trades3507Short positions (won %)1843 (85.24%)Long positions (won %)1664 (77.16%)
Profit trades (% of total)2855 (81.41%)Loss trades (% of total)652 (18.59%)
Largestprofit trade179.30loss trade-1071.40
Averageprofit trade47.92loss trade-210.42
Maximumconsecutive wins (profit in money)216 (11103.40)consecutive losses (loss in money)20 (-3993.90)
Maximalconsecutive profit (count of wins)11103.40 (216)consecutive loss (count of losses)-10626.80 (10)
Averageconsecutive wins38consecutive losses9
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolGBPUSD (Great Britain Pound vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 23:45 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=4; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243056Ticks modelled224899078Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit23165.80Gross profit172930.10Gross loss-149764.30
Profit factor1.15Expected payoff5.63
Absolute drawdown13116.30Maximal drawdown22740.20 (19.99%)Relative drawdown19.99% (22740.20)
Total trades4116Short positions (won %)2120 (85.47%)Long positions (won %)1996 (83.87%)
Profit trades (% of total)3486 (84.69%)Loss trades (% of total)630 (15.31%)
Largestprofit trade276.30loss trade-886.70
Averageprofit trade49.61loss trade-237.72
Maximumconsecutive wins (profit in money)146 (10327.90)consecutive losses (loss in money)20 (-7767.00)
Maximalconsecutive profit (count of wins)10327.90 (146)consecutive loss (count of losses)-8355.00 (10)
Averageconsecutive wins47consecutive losses9
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolGBPUSD (Great Britain Pound vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 18:00 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=5; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243056Ticks modelled224899078Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit24356.30Gross profit111092.20Gross loss-86735.90
Profit factor1.28Expected payoff20.57
Absolute drawdown30731.50Maximal drawdown32056.00 (31.64%)Relative drawdown31.64% (32056.00)
Total trades1184Short positions (won %)562 (69.93%)Long positions (won %)622 (64.31%)
Profit trades (% of total)793 (66.98%)Loss trades (% of total)391 (33.02%)
Largestprofit trade464.50loss trade-2043.20
Averageprofit trade140.09loss trade-221.83
Maximumconsecutive wins (profit in money)75 (4241.50)consecutive losses (loss in money)20 (-30078.10)
Maximalconsecutive profit (count of wins)4241.50 (75)consecutive loss (count of losses)-30078.10 (20)
Averageconsecutive wins4consecutive losses2
Graph

Full backtest report

Strategy Tester: TwilightTrade SEES
SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 2010.01.01 02:00 - 2019.08.30 18:00 (2010.01.01 - 2019.08.31)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersSeeSSetFile=5; UseMM=false; Risk=10; FixedLots=0.1; MaxLots=1000; MaxOrders=20; MaxSpread=5; Slippage=5;
Bars in test243054Ticks modelled228354381Modelling quality99.90%
Mismatched charts errors0
Initial deposit100000.00SpreadVariable
Total net profit-16196.40Gross profit59683.40Gross loss-75879.80
Profit factor0.79Expected payoff-25.51
Absolute drawdown41272.80Maximal drawdown59211.20 (45.66%)Relative drawdown45.66% (59211.20)
Total trades635Short positions (won %)273 (69.23%)Long positions (won %)362 (65.47%)
Profit trades (% of total)426 (67.09%)Loss trades (% of total)209 (32.91%)
Largestprofit trade652.40loss trade-2880.90
Averageprofit trade140.10loss trade-363.06
Maximumconsecutive wins (profit in money)46 (2957.80)consecutive losses (loss in money)20 (-47285.60)
Maximalconsecutive profit (count of wins)3462.80 (20)consecutive loss (count of losses)-47285.60 (20)
Averageconsecutive wins5consecutive losses2
Graph

Portfolio backtest

Link to PDF file

Portfolio backtest

All EA reviews (15)


Latest EA reviews


Belkaglazer

A very versatile trading system with a range of different strategies


Night Lottery EA

A night scalper that uses up to 5 positions


NightWalker EA

A mean reversion system betting on low volatility during the quiet hours of the day


Candelabrum EA

A trend-reversal system based on candlestick patters


TwilightTrade SEES

A counter-trend system with long holding durations


NightVision EA

A night scalper with great backtests


MiriumInvestSoft EA

This EA usually opens the first position around swap hour and uses a small grid if the price goes against the position.


Momentum Classic

A momentum system that trades in trend direction after strong price movements with an reasonable price. But is it worth a purchase? Check out our review


Forex Cyborg

A night scalper with over 2 years of live history. Check out our review here.


Bear Vs Bull

S/R level scalper


Xea

Multi-strategy EA for EURUSD


SFE Attractor

The next generation of the successful SFE Price action EA, one of the most popular trend / momentum following EAs. But is it worth the money?


Grid King

Multicurrency Grid EA with a limited basket size on a impressive count of 29 pairs


Price action scalping

A very high priced scalping EA. Is it worth the money? Find it out here


Forex Robotron

Asian scalper that trade directly after the rollover time


Comments

No comments yet.

Add a comment:

Please insert a name.
Please insert a correct email address.
Please write some text.

Want to start trading on a live or demo account?