The White Arrow EA (By fxinvestfund)

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The White Arrow EA Discussion

Aug 26, 2016 at 19:51
417 Views
11 Replies
Member Since Oct 12, 2013   162 posts
Sep 23, 2016 at 04:45
The advantage using proper risk/reward can be seen here in the results.

This EA using soft martingale strategy with 1:2 or 1:3 risk/reward.

Entries are based on identifying swing high/low's.
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Member Since Oct 12, 2013   162 posts
Sep 23, 2016 at 18:11
Ending the week with a good result and an open trade at +100 pips on EURGBP.

Let's hope the next couple of weeks the EA can maintain the current trend.

Set file adjustment is due end October after the 3 month cycle.
Trade safe!
LunarCycles
forex_trader_356817
Member Since Sep 01, 2016   51 posts
Sep 25, 2016 at 07:23
fxinvestfund posted:


This EA using soft martingale strategy with 1:2 or 1:3 risk/reward.


I'm not real familiar with the martingale strategy, but this is I think the first one I've seen use stop loss orders. That's good.
Member Since Oct 12, 2013   162 posts
Sep 25, 2016 at 08:02
LunarCycles posted:
fxinvestfund posted:


This EA using soft martingale strategy with 1:2 or 1:3 risk/reward.


I'm not real familiar with the martingale strategy, but this is I think the first one I've seen use stop loss orders. That's good.

The SL helps a lot with draw downs and the 1:2 risk/reward helps a lot with recovery
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Member Since Oct 12, 2013   162 posts
Sep 26, 2016 at 16:35
We currently have 2 open order of which one (AUDUSD) is a recovery trade.

Let's see what happens
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Member Since Oct 12, 2013   162 posts
Sep 26, 2016 at 20:28
My signal has been added to SignalStart for those looking to copy - https://www.signalstart.com/analysis/white-arrow-ea/11547
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Member Since Oct 12, 2013   162 posts
Sep 27, 2016 at 09:20
Some orders closed sooner than expected and we are up 1,39% for the day with one order hitting SL.

EURGBP still well in profit and will let ea manage it.

Might still see that recovery trade come through this week to end the week above 2% profit.

Remember, I'm not following an aggresive money management plan and the goal is to keep the draw down as low as possible.
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Member Since Oct 12, 2013   162 posts
Sep 29, 2016 at 13:51
So far we are up 2,8% for the week with 3 open trades of which EURGBP is a new order and the other two are recovery trades. Hopefully they will close tomorrow and we can close the week +3%.
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Member Since Oct 12, 2013   162 posts
Oct 03, 2016 at 05:44
Starting this week with equity just over 20% and 3 ooen trades at +3,4%.

Let's hope for a great week!
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Member Since Oct 12, 2013   162 posts
Oct 04, 2016 at 04:08
After some performance analyses I have decided to remove EURUSD from my portfolio for now as it has been one of the weaker performers and I have replaced it with USDJPY, which is looking quite promising.

Let's see what happens during the next month or so.

Attachments:

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Member Since Oct 12, 2013   162 posts
Oct 11, 2016 at 07:35
Going through a bit of a draw down, currently -2,67% for the month.

Recovery trades should start coming through during this week and next week as they always do

Lets watch it!
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Member Since Oct 12, 2013   162 posts
Oct 14, 2016 at 14:40
We had some recovery trades coming through and I anticipate that more will follow during the next 2 weeks.

But now it's weekend!!!
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