Trading Target Candles, page-1780

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    Speaking of results, I posted a couple of weeks ago (Oct 21st) about the semi-auto un-biased version of my grid EA and started it running on 2 markets (AUDCHF and EURCHF) in demo. It took a while for both to hit the ($50) profit target I set, but they have both now hit that target & closed off. Unfortunately I deleted the EURCHF chart window by accident, but not the AUDCHF, so below is a screenshot of the EA operating on the AUDCHF from Oct 21st:

    https://hotcopper.com.au/data/attachments/1809/1809317-5ce4b6e513fb6d435426abcaf01dc2eb.jpg

    The results for each market were:

    AUDCHF

    Gross profit before closeout = $51.49
    Losses on closeout when TP reached = -$18.83
    Net profit = $32.66
    # of trades = 38, wins = 32 (84%), losses = 6 (16%)
    start date = 21/10/19, close date = 4/11/19, # days to achieve target = 11

    EURCHF

    Gross profit before closeout = $50.67
    Losses on closeout when TP reached = -$15.49
    Net profit = $35.18
    # of trades = 37, wins = 31 (84%), losses = 6 (16%)
    start date = 21/10/19, close date = 31/10/19, # days to achieve target = 9

    Happy with both runs. Apart from the above, I now have 13 runs completed in demo, with 11 runs closing in profit & 2 in a loss:

    https://hotcopper.com.au/data/attachments/1809/1809346-8048a6648e622bbe422ad489d12b761c.jpg

    So a net profit of $113.19 left over from a gross profit of $663.51 which is only 17%, but all in accordance with backtesting and importantly no blow-out losses.

    Cheers, Sharks
 
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