Due to an imminent pending event, discussed inside our Private Client Areas, some EAs are not being run until after this event happens and markets return to more stable patterning.
For the week ending 12/6/14:
FX News Raider* closed profit of $41.97; these poor results indicate the market is still out of its normal patterning
HeikenGale* on Usd/Cad closed profit of $10.28
For the week ending 12/13/14:
HeikenGale* on Usd/Cad closed profit of $70.45
Breakout Grid Trader* closed profit of $43.20
For the week ending 12/20/14:
HeikenGale* on Usd/Cad closed profit of $8.94
Targeted Pips* closed profit of $170.48
For the week ending 12/27/14:
All EAs were off except swing traders; there were no closed trades.
For the week ending 1/3/15:
All EAs were off except swing traders.
AO Blitz* hit its take profit of 1500 pips, closing profit of $1,486.10 on 0.1 lots.
For the week ending 1/10/15:
All EAs were off except swing traders
For the week ending 1/17/15:
HeikenGale* on Usd/Cad closed profit of $129.26
>> Note: on 1/15/15 CHF unpegged from the Euro Dollar, CHF skyrockets!
For the week ending 1/24/15:
Most EAs are off as market is too volatile.
Cruisin* closed profit of $297.66 on G/J, 0.1 lots
For the week ending 1/31/15:
Most EAs off, market too volatile
For the week ending 2/7/15:
Most EAs off, still pending upcoming ‘event’.
Breakout Grid Trader* closed profit of $80.30
For the week ending 2/14/15:
Most EAs off, still pending upcoming ‘event’.
Breakout Grid Trader* closed profit of $41.00
For the week ending 2/21/15:
Most EAs off, still pending upcoming ‘event’.
No closed trades.
For the week ending 2/28/15:
Most EAs off, still pending upcoming ‘event’.
Breakout Grid Trader* closed profit of $40.10
At SecretsFromTheHeart.com, our approach to running EAs may be different than most you will run across. Because the currency market is so inconsistent, we consider EAs to be trading tools and most of them should not be run non-stop with the exception of swing traders. While we realize Forex traders want a 'Holy Grail' EA to run non-stop and act like an automated cash generator, because of the market inconsistency, this mindset is unrealistic.
We do what is called 'event filtering'. In following the historic results of activity after specific news releases we have learned the more optimum times to run each EA. So each weekend we review the upcoming releases, take into consideration other news and events not on the calendar to determine which EAs to run for the week and when to start and stop them. We tell our clients how to do this in the Success Guide for each EA so they are not just dependent on our analysis.
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