Inside Bar
Last week made $513, this week only $97. Balance is $6118. Still, a positive result, and I'm very pleased with this robot over all. However, I suspect it's doing well because the market is co-operating with it. In choppier conditions, I'm not sure it would survive.
I think the demo account may be about to expire, so it'll be starting again from $5,000, but we'll remember the ending balance.
I also started demo testing two variations of this robot (not shown). One uses a stricter definition of an inside bar, and the other uses highs and lows only for inside bar detection. We'll see how they go.
Pending Reversal Candle
Demo account expired, so it was started afresh. Balance of the previous account was $5548, so it basically made 10% in the 2 or 3 months the demo lasted (I always forget which).
The profit wasn't linear, however. This robot had it's ups and downs, ending up where it started at $5,000, before posting one good trade last week which is the 10% gain.
During these last few months, the settings were run through the back test optimizer, but otherwise the robot was mostly unchanged.
Last week made $515, this week is down $100, but one open trade is +$279. Balance on the new demo account is $4899.
Daily Close Break Out
Up $202 last week, but this week suffers a gigantic early EURUSD loss and was whipsawed by GBPJPY, ending up $750 down. Balance is $3184. I guess the settings changes aren't working for this robot. I'll review them.
The big losses came early in the week, and while it regained a little profit, it was nowhere near enough.
Weekly Break Out
Last week up $57. This week it performed well, but several trades on strongly trending pairs hit their trailing stops early and missed out on a lot more profit.
GBPJPY whipsawed back and forward before making up it's mind and plunging, but the robot was able to catch the move while not taking too many hits and so ended the week up $943, most of the profit from a single GBPJPY trade which alone made $788.10.
Balance is $4848. So close to break even.
Weekly Close + ATR
Not a new robot, but it was added to the weekly review last week so we can compare the slightly different strategy it uses to it's near relative, the Weekly Breakout Robot.
Last week up $267. This week, thanks to it's larger lot sizes and catching the same GBPJPY move that the Weekly Breakout Robot did, is up an astonishing $1749, with the GBPJPY trade accounting for $1547 of that.
That is a 42% return in a single week!
This is the single largest Forex trade I've ever experienced. Shame it was just on a demo account!
This is what these robots are capable of. Just fine tuning them to avoid whipsaws and stopping out too early is the challenge.
Without the GBPJPY trade, this robot still would have made $202, which isn't terrible, but kind of small compared to the risky amount of leverage being used.
Balance is $5893.
Open-Close H4 Bot
This week it's down $14.01, a pretty miserable result considering EURUSD trended down almost the entire week.
Balance is $4349.
