The attached results charts are smaller this week because of computer problems. My PC will no longer connect using remote desktop to the remote PC that I run most of my demos on - but my Macbook (which has a much smaller screen) will.
Inside Bar
This robot looks for inside bars and places pending orders above and below.
Last week made 1 trade and $34.79 profit. This week I added AUDUSD. Three trades, all of reasonable size, but only $40 profit. Current balance is $4642. It's low because orignally this robot ran on the 1 hour chart and took a few big losses.
A few more signals than last week though. There's also one trade open, currently up $108.
Pending Reversal Candle
This robot looks for higher highs but lower closes (price exhaustion), and attempts to trade reversals. I added AUDUSD this week as well. It performed terribly on back-tests.
Last week this robot made $66.91 profit. AUDUSD didn't do us any favors this time, starting out with two big losses. It redeemed itself a little later in the week with a $330 win. The EURUSD profits are small for some reason. I'm sure there's something off with this code, but I can't quite figure it out.
The balance on this account is currently $5341, with one open order currently at +$40.
4 Hour Breakout Box
I'm trading this system from Forex Factory manually, using large lot sizes, while the EA trades smaller lot sizes and also closes trades and sets trailing stops.
It was up $2669 two weeks ago. Last week the market dodged up and down early in the week, and $2000 of that profit was gone. This week the market did the same thing. I was a little more on top of re-adding orders once they were wiped out though, which made us a little profit (the EA is still closing orders too early a lot of times)
I got frustrated and placed some desperation trades on EURUSD and GBPJPY which both ended up being losers. Current account balance is $4788 with one order open, -$626.
I still have hope for this system, and it's easy enough to trade manually. There's some things which could be improved. First, sticking to the rules. Second, making sure I always re-add orders once they're stopped out. Third, probably disabling the EA and checking profit levels manually. Lastly, using the weekly close box only as a guide, and placing orders above/below several candles worth of H4 candles if they seem to be consolidating instead of just relying on the box. This invalidates point one, "sticking to the rules", but common sense should play a part too.
It's easy to see how this system could be successful, and it's frustrating to miss the trades which would have made it so because I believe the market can or can't do something and don't follow the rules.
Daily Close Breakout
Open Close Bot H4
The previous two weeks were very good, and this robot made back all that it had lost over the previous month. The week just gone wasn't so great, and it's down $39.54, with no current open orders.
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Overall, a pretty disappointing week for these robots. These results are pretty typical. Actually, they're not as bad as they usually are. Although some of these robots had successful results in the previous weeks, success seldom lasts.
Interestingly, some other robots which I am demo testing did OK this last week. Previously they were sucking, but small settings changes seems to have helped. However, I'm not going to know for sure for another few weeks as the market continues putting them through their paces.
Testing is a very slow process.
