Five weeks of the contest are already behind us. We had a good opportunity to get to know better many Participants of Automated Trading Championship 2007 during this period of time. Each of them described his trading tactics. Trading systems of some of them showed fantastic results at the beginning, but then, unfortunately, their EAs started to trade with less success. Others, vice versa, returned to leading positions in spite of all failures.

The leader of the fifth week became MiltonWaddams from Australia well-known for his successes during some preceding weeks. This Participant's Expert Advisor does not still close its positions. His equity makes 37 187 dollars due to them. His result was 23 thousand dollars last week. Well, 14 thousand dollars within a week are a good result. Time will show whether the Expert Advisor manages to close these positions and open some new ones. Our congratulations to this week's leader!

On the second place, we see another well-known Participant - draz from Croatia. He was just on the 10th place last week with his 19 thousand dollars. However, he managed to finish this week with nearly 30 thousand dollars on the second place of honor. This is a great result for just one week. His Expert Advisor is far from being very simple: it is based on two principles. However, his money-management system is rather simple and differs from the standard ones, as the Participant himself says in his interview: "My lot size calculation is simple, based on leverage – AccountBalance()*Leverage/100K". Our congratulations to your second place, Drazen!

The third place was rightfully taken by a Participant from Estonia, Abhi. His equity made nearly 28 000 dollars. Like many other Participants of the contest, he uses floating position sizes. His Expert Advisor, Eclipse, opened 2 positions on Friday, 2 October, but it has not closed them yet. Hopefully, it will be able to close them successfully and remain being in a leading position. Our congratulations to the third place!

Below is shown how the Top Ten Table looks this week:

Read More: http://championship.mql4.com/2007/news/274