Forex Crescendo Forum

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This has been a nice week for the Crescendo bot.
It is now at only -3% so it was able to make 5% this week.

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A terrible week for the robot. We are now at -12.5% again.

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Some improvement this week but we are still over 10% loss.

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Heavy losses from the robot this week.
We are now at -17%. Just to remind you that we started testing it the last days of September.
I will keep it until the end of March and if things do not get better I will stop watching it.
6 months is enough time for a robot to prove what it can do.

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By by Crescendo !!!
This was a terrible week for the robot.
Got caught in some gbp/jpy trades and we had an additional -8% on our (demo) account.
So the result after almost 6 months of testing is -25%.
We said some time ago that this was a robot that would decide about a direction and then would keep adding positions every 6 or 12 hours according to the setting hoping that price would recover.
If in profit it would take small (40 pip) profits. The initial stop loss was at -30%.
At the beginning that was working nicely. If one pair was caught in the bad direction the other one would make 40-80 pips every day waiting for the other pair to break even.
Then after some heavy losses I reduced the stop loss because we were caught in losing trades for many days losing our daily 40 pip profits. But this did not help much since we had now losses more often.
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