This week has not been a very good one for our free forex expert advisor portfolio. The expets suffered a lot of draw down owing to unstable market conditions attributable to the FOMC meetings and the NFP release.
The portfolio gave back it's profits up to almost a 10% profit margin. The expert that suffered the most throughout the news sessions was Moneymaker v2, which tanked towards the bottom with each negative trade. For some reason I have not been able to activate the stoploss on this ea. Even though I have set the variables to reasonable quantities.
The other experts somehow hedged Moneymaker's bad performance on the NFP, which was the greatest looser because it involved a sudden change in market direction, had the trade been the other way, the ea would have collected a juicy profit.
Nevertheless, this expert advisor portfolio is far away from finished as it still retains a 5% monthly profit margin and hopefully it will recover in the following weeks which will be free from these news releases which are by far the worst.
I will maintain the portfolio running as long as it remains above the 10,000 starting capital. If it goes below this level, I will take it out as there would be no point in having this automated trading setup. As always, the trading statement can be seen here.
The portfolio gave back it's profits up to almost a 10% profit margin. The expert that suffered the most throughout the news sessions was Moneymaker v2, which tanked towards the bottom with each negative trade. For some reason I have not been able to activate the stoploss on this ea. Even though I have set the variables to reasonable quantities.
The other experts somehow hedged Moneymaker's bad performance on the NFP, which was the greatest looser because it involved a sudden change in market direction, had the trade been the other way, the ea would have collected a juicy profit.
Nevertheless, this expert advisor portfolio is far away from finished as it still retains a 5% monthly profit margin and hopefully it will recover in the following weeks which will be free from these news releases which are by far the worst.
I will maintain the portfolio running as long as it remains above the 10,000 starting capital. If it goes below this level, I will take it out as there would be no point in having this automated trading setup. As always, the trading statement can be seen here.
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