Welcome back Automated Forex Traders.It was a quiet week in Forex with weekly range on the EUR/USD less than half of the prior week.
Even so, the trend remains down as funds move back to the USD in the face of global economic malaise. Enough of the macro-babble, did we make any money?
This week's winner was System Q which picked up 45 pips but is still down a nasty 23.6% since starting it back on 8/1/2010. At this pace, its going to take about 10 weeks for this system to get back to scratch.
Next up is Megadroid Live which picked up 7 pips on the week. That was enough to get it out to a new all-time equity high and is up 22% year to date. The new Megadroid v1.3 is definitely an improvement and is now clearly trading where the v1.21 accounts are not.
Next up is Scalper X which picked up 4 pips in a pair of trades on Monday and Tuesday.
ScalperX is struggling a bit on this Forex.com account since the spreads are sometimes as large as 8 pips. On a side note, i've been following ScalperX on FXCM at ScalperX FXCM and its up about 10% since early June, so this could be a winning broker/system combination. We'll be watching this one as a candidate for a live account.
Next up are the God's Gifts GG EUR/USD which dropped 6 pips on the week and GG GBP/USD which hasn't traded since August 4th. Even so, these robots are leading the pack with both up almost 40% year to date.
Next up is Atinalla #1. This robot has been struggling and dropped about 1.8% on the week and is now down about 8.8% since starting it on 7/29/2010. This system (which is actually 3 robots in one) is a trend-trader and went out short 0.05 of EUR/USD in anticipation of lower prices ahead.
Finally, Megadroid Demo hit a stop loss on Monday and lost about 50 pips and is now up only 33.9% year to date which is not too shabby.
Anyway, i'm back into Research and Development mode, so if anyone has any good robot ideas, send them my way and i'll code, test and evaluate.
Enjoy your Saturday.
Hello Chris,
ReplyDeleteThank you for the weekly update :o) Now that you are developing systems I would advice you to take advantage of all the system development material available within Asirikuy to help you in your endeavor. I would advice you to watch the mathematical expectancy videos and use the mathematical expectancy analysis tool to learn more about the actual potential and statistical edge of the systems you want to make. Also there are many systems in development within the Asirikuy community forum so it would be great if you wanted to participate there :o)
As always feel free to email me if you need any help with any aspects of your system development. Thanks again for the update and keep up the great work :o)
Best Regards,
Daniel
Daniel-
ReplyDeleteThanks for the comment and i'll get a look at the forum for some ideas.
Thanks again,
Chris