Trading Target Candles, page-1786

  1. 8,720 Posts.
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    Hi Mike

    Un update for you on some recent completed demo runs (with my un-biased semi-auto grid EA), one that ended up in a loss (NZDCAD), and two that ended up in profit (EURAUD & GBPCAD):

    https://hotcopper.com.au/data/attachments/1812/1812509-b77ac34b5a905e11091121ac829ddf87.jpg
    https://hotcopper.com.au/data/attachments/1812/1812512-b9bb72502701d449879cf9388bf0db53.jpg
    https://hotcopper.com.au/data/attachments/1812/1812515-6fa32094be254f415c1e8c999bed6ad2.jpg
    https://hotcopper.com.au/data/attachments/1812/1812517-f7cec709d0be35fa0ae56bdffc57c54d.jpg
    https://hotcopper.com.au/data/attachments/1812/1812518-01d1e848c78f6df4c7177e573613a80d.jpg
    https://hotcopper.com.au/data/attachments/1812/1812521-d7cdaf049df3f771248c228f1b308e66.jpg

    You can see the loss on the NZDCAD was not too much damage, but caught on a strong move day which didn't recover before the gross profit target was hit. The other two performed pretty much how a nice ranging market would work with this EA.

    I'm pretty happy that the EA is functioning properly according to how I designed it (i.e. no bugs), so now its just a matter of continuing to collect data in demo mode. My biggest risk to achieving good consistent profitable runs is getting my entry timing signal consistently each time I drop it onto a market, so that's really the purpose of my demo testing period, is to see if I can pick that timing consistently enough over an extended period to make money. If I can, then I will go live.

    Cheers, Sharks

 
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