I always inform my subscriber at simpletrader :)
Just have a look at the dashboard.
Here are my lastest news from yesterday:
I took the time yesterday and wonder about, how I can improve my signal. Here are my thoughts and my next steps starting from today:
1.) I will not use the recover function anymore. The strategy will be profitable even without this second recover position for the same pair. This will reduce the risk, if something like the last 2 days will happen again.
2.) I will open max. 2 different JPY position at the same time. So you will not see a EURJPY, GBPJPY and CADJPY position on the same time anymore.
3.) I will reduce the risk for the JPY positions a bit
4.) I will start with my improved settings from today. This will lead to significant less JPY-positions, but with better entry points. And you can expect much more EURCAD positions + some CHF pairs are improved. I will post some backtests later from my lastest results.
5.) I will reduce the risk of all pairs for 1-3 days (depending on the results).
I hope you see, that I'm going to reduce the risk and improve the overall results.
I'm still confident in this strategy and hope we will get back the loose in a few days/weeks.
For all who are waiting for a answer: I will answer all questions today step by step.
UPDATE: As promissed, here are some 5 years backtest-results (tick data based) of my current optimized settings. They are all for CADCHF and with a fixed spread of 4 pips (40 points).
Fixed 1 lot - max. profitfactor:
Fixed 1 lot - max. profit:
Dynamic lot starting from 1 lot - max. profit: