Automated Forex Strategies - 2018 Results

The year was a success with positive returns across the board. Not as great as past years, but decent above average returns nonetheless that easily beat the benchmark. The Barclay's Currency Traders Index shows a +4.76% return among audited Forex Trading firms in 2018. That's the bench-mark I use for my FX Trading activity, which is all automated.

Automated Forex Strategies - 2017 Results

Forex has been a tough arena in the last couple of years. Looking at Barclay's Currency Traders Index, it  shows a +0.01% among audited Forex Trading firms in 2017. That's the bench-mark I use for my FX Trading activity, which is all automated.

Once again I purchased high quality data from several brokers via forextester.com to run all these tests on the MetaTrader4 platform. Bid-Ask spread used of 2 pips in the simulations for currencies and 0.40 points in the case of Gold. These are normal spreads, nothing out of this world nowadays. The time zone in the quotes was adjusted to GMT+2 so that the trading weeks only have 5 daily candles (Monday through Friday), all of them full 24 hour candles, instead of the shortened Sunday night and shortened Friday.

Automated Forex Strategies - 2016 Results

Just like I did last year, and the year before in this article I'll detail the results of several Automated Forex strategies that have been discussed on this site in the past. The results in both 2014 and 2015 were pretty good. These are 100% automated strategies where the only effort the trader needs to make is ensure his trading platform is open and the robots are on. That's the easy part. The hardest part: to not get involved at all and let the algorithms do its thing.

Profitable Forex strategies - a follow up (2015 results)

Just like I did last year, I now want to go over the results of 4 Automated Forex strategies that have been discussed on this site in the past. The results last year were pretty good across the board, putting to rest the notion that "Forex robots don't work... wah-wah-wah".

Profitable Forex strategies - a follow up

I have discussed several Forex trading strategies on this blog in the past. Most of the time just exposing trash, scams and over curve-fitted junk, especially during the early life stages of this site. After a while, I realized the amount of garbage was insanely beyond my reach and it didn't make much sense to keep exposing charlatans and endlessly picking fights. I decided to, instead, focus on valuable content showcasing for instance, robust Forex trading strategies with long profitable track records and great likelihood of being profitable in the future under unknown market conditions.

50 Day Breakout system with 50 SMA - 100 SMA crossover confirmation

An automated system for trading currencies and futures.
I was recently contacted by a reader that specializes in currencies and commodities who trades a large portfolio. He has been successful over the years trading a very simple breakout/trend following system which he wanted to have automated and back-tested. In return for my efforts automating it and back-testing it, I would get, well, the system itself. And because neither him nor I believe in trading secrecy or selling systems, we decided to share it here on the site for free with the world. Thank you Pavel for your contribution.

Turtle Trading System Automated. Method 2. (Forex Expert Advisor)

The legendary story of the Turtle Trades. Pretty intriguing isn't it? If you don't know about the Turtles and the story behind them, you can read here. My question always was, are the mechanical systems that they used still valid today? Are those systems still profitable? Are they applicable to Forex?

Forex Rebellion doesn't work

If you came to this article it means you probably know about the Forex Rebellion system. It's nothing new. In fact it came out a few years ago. There are certainly several positive reviews out there, many of them by affiliates which doesn't really count (read this article I wrote in 2011 on how to spot affiliate reviews), but there are many other positive reviews by real users. The reviews generally tend to be positive because the system advocates the use of stop losses, protection of profits, letting winners run etc, which I agree are good lessons. But what about real results? Does this trading system make money or not?

Design of a EURUSD Donchian breakout strategy with proven statistical edge

This article appeared first on The Lazy Trader at http://www.the-lazy-trader.com/2012/11/eurusd-donchian-breakout-strategy.html

This article is about a Forex strategy that I designed for the EURUSD currency pair. In this exercise I would like to share with fellow Forex traders the concepts and ideas to take into account in order to design a "likely" long term profitable trading system. Steps to follow in the design process, and methods to find the answers to questions such as "Is there statistical evidence to believe this system has a positive edge?" or "How do I choose a reliable parameter set?" or more important yet "How do I know in the future that the system has possibly stopped working and shouldn't be used anymore?"

Amazing Crossover System. Expert Advisor

This Forex System was initially introduced by ForexPhanton who discussed in one of babypips' forums, and later on, it was selected by the community of babypips.com as the System of the month for the month of October 2011.

Forex Cash Cow. Review and Expert Advisor

This is another let's say popular system that Forex retail traders read about at least once in their lifes. I had the chance to know it and being a programmer myself, of course I went ahead and implemented it to see what it really gave before risking a dime of my real money account.

The idea of the system is to ride price momentum right after a price "explosion" has occurred in one direction. This puts the strategy in the group of "Break out" strategies if you will. And it is best suited for the GBPUSD pair.

GPS Forex robot team lies

This is a follow up on my previous article which you can find here.

On Monday May 9 there was a sell off in the EURUSD pair late in the day. Given that GPS only goes long EUR it had a hard time and lost its trade miserably, -88 pips. The entry was at about 1.4375 a few seconds after 7pm Eastern Time.

The Truth about the GPS Forex Robot.

Mark Larsen apparently gained some popularity as a "clean guy", "a fresh image in the forex industry", "a transparent no BS approach kind of guy". Mainly by giving away free stuffs like reviews and tips for trading the forex markets, plus some explanations here and there of basic forex strategies. And, that was good, maybe even easy in an industry so full of lies and shit. But it was even better for his pockets when later on he came out with the GPS Forex robot invention which saw the light in December 2010. Easy sale, provided he had proven to the world he was a "different guy".

Instant Pips Review

The Instant Pips method is the first one of four strategies included in the Forex profit accelerator package. This course fellas is sold for over 2000 bucks!! And of course it is full of good reviews by affiliates everywhere all over the internet. Well, today you will have my opinion about this product.

FapTurbo vs Gps Forex Robot performance comparison

Today, February the 26, it is a month since I started trading Forex on a real money account, starting balance 1866.75 USD. If you have been following me for a while, you know that I spent a good deal of time investigating forex brokers on my own, going to non-commercial pages, (yes! go to the .org 's) because of all the fake and paid reviews out there. My initial venture can be read here and here. And I had said I would go with either OANDA or ATC Brokers but I didn't. And the reason is simple:

ADX Power Forex System

The ADX Power, does it really work? - Hello folks, I hope you all had a good trading week, or a good learning week if that's the case. Even if you had a bad trading week, but a good learning week, overall you are in good steps. :p Well, unless you have literally lost your ass in terms of money, in which case yes, you have the right to feel miserable. Now down To Business. I felt some curiosity for the ADX Power System a while back. You can check it out explained here and here

Do Forex robots really work?

Yeah, I asked myself the same question before deciding to learn MQL in order to program Expert Advisors. Do Forex robots really work?

Well, I guess the ones selling power points based systems will say they don't work. But think about it,