Risk & disclosure

The boring page that matters most.

Backtests are not live trading

Every result on this site comes from MetaTrader's Strategy Tester on historical data. Historical simulation cannot reproduce live slippage, requotes, broker-side execution differences, spread widening at news, or swap costs. A strategy that profits in the tester can lose live, and frequently does.

Not investment advice

Nothing here is a recommendation, a solicitation, or personalised advice. I am not a licensed financial adviser in any jurisdiction. A verdict on this site means "under these conditions, this is what the numbers did" — nothing more.

Risk warning

Trading leveraged foreign exchange and CFDs carries a high level of risk and can result in the loss of all deposited capital. Retail accounts lose money in the majority of cases at regulated brokers. Do not trade with money you cannot afford to lose.

Affiliate disclosure

Some outbound links are referral links. If you open an account or buy a tool through one, ShowMeTheTrades may receive a commission at no extra cost to you. Where a page contains such a link, it is disclosed on that page. Sponsored tests are labelled in the page header.

Naming products

EAs are named descriptively. Where a file name does not identify a commercial product, I do not invent a vendor name. Where I do review a named commercial product, I report only what the test produced: counts, sizes, and P/L. A negative test result is a statement about one market window, not an allegation about the vendor.

Corrections

If a number here is wrong, tell me and I will re-run it and publish the correction with the date. Errors get fixed in public, not quietly.