TOP 10 ROBOTS / OANDA DEMO ACCT
Hi Guys!
With this first graphic I decided to start at the top level and work downward into the details. This first graphic shows a balance of 101,652.73 compared to last weeks balance of 99,105.36 for a weekly profit of 2,547.37. I chose to compare balances as they represent the closed trades. This first graphic also shows a calculated monthly return of 2.7% based upon the history of 19 days.
This next graphic shows the balance line over the last 19 days. In the first several days this graphic shows the balance line moving in an up and down direction making lower highs and lower lows indicating a downward trend. However, the last several days shows the balance line moving upward and making a new higher high, an indication the downward trend has ended.
This final graphic shows the individual balance lines of all five traded assets. Note USDJPY has been moving in a nice upward trend over the last 19 days. EURUSD and GBPUSD have been trading in a horizontal direction over this same time period. Note also USDCHF and EURJPY can be seen moving in a downward direction for the first two thirds of the time period. However, over the last one third of the time period of 19 days EURJPY has been flat while USDCHF is starting to move upward. Since none of these five assets are now moving in a downward direction I have decided to continue trading these same assets this next week.
This last week this demo account has made significant progress. It will now be interesting to see how this account performs this next week knowing it is Christmas week. I expect trading to be light this next week as many of the big traders, who are the ones that really moves these markets, will be taking some vacation days. So, it will be interesting to see what progress this account can make during this Christmas week.
Note: I do not have any plans on continuing to report the progress of this demo account on the forum after this year.
Alan-