End of Week 1:
Lots of ups and downs in the first week. Testing different settings for optimum performance.
Total Pip count: 1,556
Cash Up: $138.6 [if this is on live account, I will be smiling to the bank today
- I moved from M1 to M5 to M15 to M30
- I changed the HGI com several times for the convenient and seemingly stable trend. I want something that can hold ground even during some red news.
- M15 + M30/H1/H4 was swinging up and down quite a number of whipsaws
Verdict: Too volatile for my liking
- M15 + H1/H4/D1 also closed out some trades in losses during the USD news yesterday
Verdict: Too volatile for my liking
- M30 + H1/H4/D1 doing just fine. Better than M15 + H1/H4/D1 [this has been running for 2 days with cool results]. I will share at end of day
Verdict: ok but a few negative trade closures
- H1 + H4/D1/W1 The cool, quiet, slow and steady one. No surprises. [this has been running for 2 days, no closures yet]. I will share at end of day
Verdict: Offers stability. I like this.
What Next
- Continue the previous test next week but change the settings to M30 + H4/D1/W1
- Provide status updates on the following 2 settings
M30 + H1/H4/D1
H1 + H4/D1/W1
- Set up another demo for M15 + H4/D1/W1
I attached some pictures to give you an idea of how the bot trades and why I prefer the HTFs.
- I am looking for something that can keep me in trades for longer (say a week). Start on Monday and close on Friday with whatever is on the table ( H1 + H4/D1/W1 might deliver this)
- I also want another than can reach the $100 equity increase target like 2 or 3 times in a week (I am yet to find the better solution for this but will choose between 3
- M30 + H1/H4/D1 or M15 + H4/D1/W1 or M30 + H4/D1/W1