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#250230
User AvatarAlan Northam
Participant

Hi Traders,

WEEKLY REPORT

Week of April 13, 2024 through April 20, 2024. The following are the nineth week results of trading 10 Expert Advisors (EA) I created using EA Studio. These Expert Advisors where then traded on my Infinity Forex Fund (IFF) 100K Algo One Step Evaluation account. I analyzed the results this week using FXblue where I sorted this past weeks trading results by the “Net pips” column from most pips gained to most pips lost this past week. I then looked at the Net Profit column to determine profits and losses for the week. The following are the results along with the changes made for trading next week:

This past week ended with a profit of $339.04 and an account balance of $109,534.84. The price target to become a funded account is $110,000. To reduce risk of this next week of significantly drawing down this account, since it is so close to hitting the price target and becoming funded, I am going to limit the risk to the account to 1%.

The top seven currency pairs this past week had a profit factor of 1.2 or greater. Of those top seven pairs I will trade the top 6 as the seventh pair (USDJPY) only had a profit of $0.68. I will adjust the lot size of these six currency pairs to have a 0.16% account risk each for a total account risk of 1%. The other four currency pairs will have their lot size adjusted to 0.01 lots.

USDCAD(+4.25%): 0.60 Lot size
EURUSD(+2.02%): 0.23 Lot size
AUDUSD(+1.31%): 0.33 Lot size
GBPUSD(+0.35%): 0.21 Lot size
EURJPY(+0.29%): 0.28 Lot size
USDCHF(+0.21%): 0.30 Lot size

USDJPY(+0.60%): 0.01 Lot size
NZDUSD(+0.37%): 0.01 Lot size
EURGBP(-0.02%): 0.01 Lot size
GBPJPY(-0.16%): 0.01 Lot size

 

This first chart shows the trading results for this past week:

 

This chart shows trend line of the cumulative profit this week:

This chart shows the statistics of this account since inception:

This chart shows all 9 weeks of this Evaluation has been profitable:

Alan,

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