The real picture behind Forex MT4 graphs

Lately I am founding myself explaining to people that MetaTrader 4 History graphs are not accurate and don't show the real picture, well I decided to address it here in my blog.
The problem is that the MT4 graphs shows the account balance/equity only when positions are closed and you actualy miss the time between closing positions, so you are only seeing the "good" picture in case of algo that closes only when it is in profit.
You can see the difference below:
This is the mt4 graph, as you can see  almost no drawdown because most of the positions closed with profit, but you don't see what went on between closing.

This graph which is produced by my system shows the balance+Equity+lots on every hour not only when closing, Both graphs are using the same data.

If anyone is interested in the script that is making the second graph, let me know, if there will be enough demand I will try to make it available a part from my system.

Almost a month

Almost a month past and I wanted to share the new look of my system report+graph, it needs some fixing but I couldn't wait.
below you can see the graph for the last month, the system was down for a week during that graph.

The system is currently working with only 8 pairs since the EURCHF is not moving and the AUDUSD failed the last tests.
I am working now on 4 new pairs, I hope I will be able to add them soon.

Maybe I should raise the risk

A week passed, and it seems the markets are moving very slow and the robot is not doing enough money, so we decided to raise the risk a bit, below is the test results with higher risk, not sure yet if to use them.
current profit is 1.5%.

Fully automated trading machine

My last version(1.1.2.48) is finally closed and it will be up and running today at 24:00, it should make approx 30% a year with a drawdown of max 30%, in most of the time the drawdown is between 2% to 5% and the leverage max is 10 .

You can read about my first year experience by going to this link where my old blog was( did 13% in 10 months).

new version already ran for two weeks on 6 pairs, and did 1% with drawdown of 0.5%, today it will start trading on 10 pairs.

you can see the graph of test simulations with the new version below.

the graph below shows the position state for the last year (simulation).

Use  this link to go to my previous blog.