FXIFY One Step Challenge

[Alan Northam]

FXIFY One Step Challenge

Week 1 Results:

This table shows the trade results for each Expert Advisor, I created using EA Studio, over the last one week:

 

This chart shows the balance line over the last one week:

 

This table shows the statistic over the last one week:

 

This next week I will increase the lot size for each Expert Advisor to 0.02 lots.

Alan,

[Gareth]

Alan that is very good progress, I am currently using Express Generator to created strategies, and I am testing them on demo accounts to make sure all is well. I am in no rush to move them to a live account until i am sure they will be in profit for some time.

It is good to see peoples results as it proves the systems work.

[Alan Northam]

Hi Gareth,

Happy to hear you are using Express Generator to create strategies.  I am also using EG to create thousands of strategies.  I then filter them with EA Studio.

Happy to hear you are not in any rush to move to live accounts.  This is a wise decision.  Make sure you can create profitable EAs before risking real $$$’s.

Here is a link to my other challenge using EA’s created with Express Generator and EA Studio.  This challenge has been going on now for 10 weeks.  Each week I have been documenting my progress and lot size changes.  Also note I have not updated the EA’s.  The same EA’s have been working now for 10 weeks and I am close to completing the challenge and getting a funded account.

Ongoing Challenge: 10 EAs from EA Studio

I have 5 projects going at the moment but I am only sharing 2 of them in the forum.  All using EA’s I created with EG and EA Studio.  All are moving in profitable direction.  Two of the 5 projects are actually live brokerage accounts.  So yes EG and EA Studio works!

Keep up the good work you are doing!

Alan,

[Alan Northam]

FXIFY One Step Challenge

Week 2 Results:

This chart shows the robots performed well on Monday and Tuesday.  On May 1st the robots started losing.  I think this is a result of the Non-farm payroll report that came out on Friday.  I think what probably happened is the Institutional analyst believed the report would show less employment for the month of April than forecast.  As a result the institutional traders started selling off the US dollar which caused my account to draw down.  I do not blame my Expert Advisors for this weeks draw down, I blame the Non-farm payroll report.  Therefore, I will continue to trade my Expert Advisors with a 0.02 lot size this next week.

Alan,

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