Forward test update on my Smart Money Concepts Expert Advisor, trading XAUUSD from 30 October to 9 November.
This is a demo account. 13 trades, net profit of 31.88 USD. Every trade used 0.01 lots except one on 3 November, which opened at 0.06. I did not change anything by hand, that is the Expert Advisor's own position sizing.
The honest breakdown: 5 winners, 4 trades closed around breakeven, and 4 losers. The biggest loss was 28.24 and the biggest win was 37.08. Profit factor is around 1.5.
The four trades that closed near breakeven are not mistakes. The Expert Advisor has a breakeven function that moves the stop loss to the entry price once a trade is in profit, so a reversal does not turn a good trade into a loss.
You will also see slightly different comments on the trades. It is the same Expert Advisor running in a few different execution modes, so I can find out which mode is strongest and which is weakest.
This is a small sample and I am not treating it as proof of anything yet. I would rather show the full list, losses included, than a perfect-looking chart. I will keep it running and post another update after the next 50 trades.
What would you want to see in the results before you trust a robot like this?
This is a demo account. 13 trades, net profit of 31.88 USD. Every trade used 0.01 lots except one on 3 November, which opened at 0.06. I did not change anything by hand, that is the Expert Advisor's own position sizing.
The honest breakdown: 5 winners, 4 trades closed around breakeven, and 4 losers. The biggest loss was 28.24 and the biggest win was 37.08. Profit factor is around 1.5.
The four trades that closed near breakeven are not mistakes. The Expert Advisor has a breakeven function that moves the stop loss to the entry price once a trade is in profit, so a reversal does not turn a good trade into a loss.
You will also see slightly different comments on the trades. It is the same Expert Advisor running in a few different execution modes, so I can find out which mode is strongest and which is weakest.
This is a small sample and I am not treating it as proof of anything yet. I would rather show the full list, losses included, than a perfect-looking chart. I will keep it running and post another update after the next 50 trades.
What would you want to see in the results before you trust a robot like this?
