What a night.. FXQU_A1 Sapphire and Topaz took a hit due to their high frequency scaling algorithm. I have amended this to bring it down and in line with the graphite and quartz accounts.
Given the volatility over the last few hours the two accounts FXQU_A1 Quartz and FXQU_A1 Graphite handled the movements really well. Drawdown is still in hand.
Not much to add.. V1.92 deployed to to two robots.. Cosmetic changes only. The crypto currency offering is progressing... Even though cryptos are getting bad press.. Go against the Herd.
Might also start looking a MAM account
OK so all 4 robots going ok... Not sure why I call it 4 robots because it's the one engine driving them all..
I deployed a slight configuration change to the two most active accounts sapphire and topaz to slow them..
Apart from that, my plans to proceed with a new crypto are progressing. More later
All 4 robots going well... No new versions deployed.
In other news I will be creating a new passive income cryptocurrency that uses the Fx robots to provide daily returns to token holders. Looking to disrupt the scam filled arena that is currently the lending crypto world.
More later...
CPI data from us was released last night... The number was high was USD pairs took off... 100 pips in a few minutes. The robots had most of their trades closed out as stops or take profits were hit. It's 12 hours later the markets have reversed however they are directional across the smaller timeframes. The robots are down for the day but draw downs and losses are minimal.
All robots are now switched across to v small time frames and they had their first real test yesterday... Jpy pairs moved over 150 pips and most of the robots hit stop losses and dropped 1% to 2%... Draw down was less than 10% which is great.
V1.89 was deployed as it contained a minor change to the entry trigger.
FXQU_A1 Sapphire is unwinding its exposure to the usd pounding nicely.
However I am now changing the approach of the robots. I am changing the settings for all of the accounts to enable much smaller average trade durations - dropping from 2 days to 2 hours. This will help avoid the broker limits being hit.
Three new accounts are being set up for this reason.. FXQU_A1 Quartz, FXQU_A1 Graphite and FXQU_A1 Topaz. I will be phasing out the original FXQU_A1 Sapphire account once the open trades complete their natural close outs.
