END OF WEEK 2
The second week of my Forex Test Lab is over. Fortunately, week number 2 ended with an overall profit again. Although it didn't look like that at the beginning of the week. You can see that the systems again helped each other to make an overall profit.
Three systems are strong and there is no reason to remove them: Guiding Light EA beta, Tradingview Ideas, and the paid signals from FX street. The paid signals performed not well in week 1 but they were very stable now in week 2 with good entries. Apparently, they had a bug in the target settings. Thatīs what they wrote on their website. And they fixed it. We will see.
The Dynamic Swing Trader indicator delivered the worst weekly result. It recovered some losses on the last two trading days though. Three trades are still running. When they achieve their goal (targets) the result could be excellent next week. If not the Swing Trader could be removed from the test lab.
I donīt have any hopes anymore for the Red Hawk EA. It is the only system that produced an overall drawdown on its live account. Every day the results get worse. The update to version 1.8 from the developer did not change anything. If the next week is still in red this EA gets terminated. I already have some potential replacements. More in my weekly review on youtube (not published yet).
The second week of my Forex Test Lab is over. Fortunately, week number 2 ended with an overall profit again. Although it didn't look like that at the beginning of the week. You can see that the systems again helped each other to make an overall profit.
Three systems are strong and there is no reason to remove them: Guiding Light EA beta, Tradingview Ideas, and the paid signals from FX street. The paid signals performed not well in week 1 but they were very stable now in week 2 with good entries. Apparently, they had a bug in the target settings. Thatīs what they wrote on their website. And they fixed it. We will see.
The Dynamic Swing Trader indicator delivered the worst weekly result. It recovered some losses on the last two trading days though. Three trades are still running. When they achieve their goal (targets) the result could be excellent next week. If not the Swing Trader could be removed from the test lab.
I donīt have any hopes anymore for the Red Hawk EA. It is the only system that produced an overall drawdown on its live account. Every day the results get worse. The update to version 1.8 from the developer did not change anything. If the next week is still in red this EA gets terminated. I already have some potential replacements. More in my weekly review on youtube (not published yet).