This disclaimer applies to every performance figure, chart and description on bullsedges.com. Please read it before relying on any of them.
The figures we show are backtest results
Our website shows an 80% win rate and a 5% maximum drawdown for our flagship XAUUSD algo on MetaTrader 5. Both figures come from backtests: simulations of the algo’s rules on historical price data.
- They are not results from live trading accounts.
- This website does not present them as independently verified.
- They are not a forecast or a promise of future results.
The animated candlestick chart on our homepage is an illustration. It does not show real trading results.
What a backtest can and cannot tell you
A backtest shows how a set of rules would have behaved in the past, under the assumptions used in the test. It cannot fully reproduce real trading. In particular:
- Historical data and test settings can differ from the prices, spreads and trading hours you get from your broker.
- Backtests cannot perfectly model slippage, execution delays, partial fills or liquidity during fast markets.
- Rules that are adjusted (optimised) to fit past data can look better in a backtest than they perform in the future.
- Market conditions change, and a strategy that worked in the past can stop working.
Past performance, whether backtested or live, does not guarantee future results.
What win rate and drawdown do not tell you
- Win rate is the share of trades that closed in profit. It says nothing about how large the losing trades are. A strategy with a high win rate can still lose money overall if its losses are bigger than its wins.
- Maximum drawdown is the largest fall in account value from a peak during the test period. It is not a limit on future losses. Live drawdowns can be larger, and you can lose more than any figure shown on this website.
Why your results can be different
Your actual results can differ, sometimes a lot, because of:
- market conditions, volatility and economic news
- spreads, commissions and overnight swap charges
- slippage and execution delays
- differences between brokers, such as symbol names, contract sizes, execution and server times
- your settings, lot size, account balance and leverage
- internet, computer, VPS, platform or broker outages
- when you start and stop using the software
Trading involves substantial risk
Trading gold, forex, indices, crypto and other financial instruments involves substantial risk, including the loss of some or all of the money you trade with. Leverage can make losses larger as well as gains. Automated trading does not remove these risks.
Before trading, think carefully about your financial situation, experience and how much risk you can accept. Only trade with money you can afford to lose, and consider independent financial advice if you are unsure. We recommend testing on a demo account first.
No guarantees
- Nothing on this website is a promise of profit or of protection against loss.
- Risk features such as stop-loss orders, lot sizing and drawdown limits aim to limit losses but cannot prevent them. In fast markets a stop-loss can be filled at a worse price.
- Words such as “proven”, “consistent” or “controlled risk” on this website describe our design goals and backtests. They are not a guarantee of future results.
Software and education, not fund management
BullsEdges provides trading software and educational information. We do not manage client funds. Information on this website is general and educational and is not personal investment advice. Every decision to trade, and how, is your own.
Questions
If you have questions about our results or how they were produced, contact us at info@bullsedges.com or +91 97629 14553. See also our FAQ and Privacy Policy.