There are three - Inside Bar, Pending Reversal Candle, and 4 hour box break-out.
First, Inside Bar, which last week lost some $290.
For this last week, I changed it's time-frame to H4, up from H1. It places less trades, but I was hoping it would be more accurate. It had three pending orders which became market orders - a loss for $89, a break-even, and a win for $261. Not enough to cover last weeks losses, but up on the week over-all.
Pending Reversal Candle
Last week had one winning trade for $292 and one break-even. This last week it placed no trades.
I modified the code slightly and added indicator arrows showing where the pending reversal candles are. It's easy enough to trade this system manually. I'm not completely sure the code is doing what it's supposed to do, so I'll keep an eye on it this week.
Lastly, the 4 hour box break-out system, which is actually an EA from Forex Factory.
This is the system which I am trading manually, although the EA also places trades and actually interfered with my trades. Last week due to some psychological trading issues (i.e., being scared), it left us with only a $90 profit.
This last week, with the EURUSD fluffing around, I was similarly scared, but since it's just a demo account, I decided just to leave it.
I placed my manual trades (with a lot size of 1). The price kept dipping back into the box, and the EA closed them for a loss! Grrrrr.
I reset my trades, and at the end of the week when the EURUSD finally did something, we ended up with $527 profit. This was up over $900 at once stage, but the EURUSD retraced a little and the EA set a trailing stop-loss itself. Still, not terrible.
It's worth noting that once my second BUY-STOP was activated, I disabled the EA for a day or so, and at one point it was at -$300. Once it got to break-even, I flirted with the idea of closing the trade, but decided to leave it in the hands of the EA and reactivated it.
Also note I added another currency pair, GBPJPY. The EA traded that exclusively, ending up with a small profit this morning.
I like this trading method. The wide range of the break-out box should help prevent many whip-saws, and time spend watching the charts is minimal. The bad thing is that if your trades go bad early in the week, you usually should wait until the next week to try again.
So, not terrible results from these three systems.
Note that these three EA's are trading with way too much leverage. When they start to fail, which they almost surely will, the excessive leverage will ensure they fail spectacularly!
