End of March 2018 with 31% (from 23-11-2017 to 31-03-2018
End of March 2018 with 31% (from 23-11-2017 to 31-03-2018
ANZAC Day and almost the end of the month. I expect 5% this month as well. It will be 36% for the review of November 11, 2017. I will open another real account on May 1.
I'll finish with 10%.
https://www.bloomberg.com/news/article...s-blackest-box
End of month (May 2018
I have updated the EA to operate only during the London and New York sessions. During Asia, the behavior is too erratic and the spread tends to expand just when it gets more annoying. I prefer to stay out and protect the accumulated profits. In addition, I tested with trailing dynamic stop adjusted to ATR and the difference was noticeable. Instead of closing operations for minimal setbacks, I now let the trends run with more slackness. It is not perfect, but you notice the quality jump in risk management.
Today I tried to apply news filters using Myfxbook�s automated economic calendar. The bot now doesn�t take tickets in the three hours prior to NFP, major type decisions or speeches. I reduced the noise and absurd losses on high volatility candles. In retrospect, I don�t know how I was operating months without taking these events into account. It may not influence every day, but when it does... it�s better to be prepared than to regret.
The account reached 42% profitability since November 2017. I am surprised by the consistency of the system when I do not intervene manually. Every time I close an operation ahead of time, I end up taking profitability away from the whole. I will apply a new rule: do not intervene with emotions. If the system stops, it is accepted. If it takes, it is celebrated. Everything else is psychological sabotage.
I have started backtesting in other less liquid pairs like NZD/CAD and AUD/CHF. The system maintains good success rate, although spread eats more pips in H4. I will try it with more conservative lotage settings. They may not be as popular as EUR/USD, but they offer good opportunities if you apply the parameters with discipline. Sometimes, less attention from the big ones means more freedom for retail.
In the last 15 days, the EA has had its first real drawdown: -6.3%. Still, within the expected limit and without collapsing. The input logic was maintained, and although it hurt to see it, it forced me to check the filters. I decided to incorporate a second RSI-based filter in daily graph, only to validate if the price is actually extended. It is soon to know if it will be definitive, but it will help to reduce impulsive bot entries.
Posting Permissions
Reply With Quote