eWaves in Action
Here's a fine example of eWaves doing its thing yesterday and into today. Looking for some confluence (there should be at least three reason to enter a trade) the eWaves 4 had a Pin Bar rejection off the 62% retrace, also finding support on the 100SMA. Risk about 10 pips for 50 pips reward - not too shabby.
One month on, since the last post about the grid EA testing, so a quick update.
The original, running-on-my-PC-two-EA-combo, is doing remarkably well - about 50% up since the last post
Alas, we're not seeing the same results on the VPS version, for some very odd reason.
EA 1 doubled the account in less than a couple of weeks ...
So we withdrew all the profits, as is advised with Grid EAs, and started again. The following two weeks results: a blown account. Hey ho, so we're back to break-even. With a reduced risk, the subsequent performance is looking ok ...
EA 2 is hanging around at break-even, so not really worth sharing. Let's see how June goes with our forward testing.
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