Mid July

No new versions deployed this month to the prototypes.   I am still investigating better ways to build on my current volatility measurement algorithms- all conventional methods are useless.

I have switched one of the demo accounts to look at timeframes between 30 and 60 minutes... Less than 10 minutes appears to be the borderline at which transaction costs eat any profits made due to the high frequency.

FXQU_A1 v1.89 vs v2.20

June will finish down for FXQU_A1 Quartz which is v1.89 of my fx bot.  The latest version is v2.20 and this has a more advanced and accurate set of algorithms to measure and act on volatility. 

The large single direction of movement during June caused the losses and v1.89 has limited ability to handle this.

V2.20 will continue to be tested on a live account for now.. Unfortunately nothing beats live account testing..

FXQU_A1 ... big moves

Been a while since I posted.   June is turning out to be a negative month with large moves in the EUR based pairs and also JPY.  Strong directional moves with low levels of noise or swings has seen Quartz retrace and its Max DD popped over 10%.

Quartz is using v1.89 of FXQU_A1 whilst the latest prototype is using v2.17

Its worth noting that I have demo accounts with exactly the same setup as a live account and the trades are different.  Goes to show nothing beats using a live account to do final testing.

I am still looking at given the robot more ability to make decisions in the markets as seen in the last few days .. particularly in measuring volatility.

FXQU_A1 .. two new prototypes

There was a large JPY pair movement on Wednesday and it was interesting to see how the bot handled the directional movement.   Whilst Quartz is the stable and untouched version since Feb I do have two other prototypes running as well on live accounts.  One of these prototypes has a unique hybrid standard deviation algorithm built specifically to handle significant volatility changes to the FX market.  It handled the JPY movement much better than the other two bot configurations.

When I get a few months track history with the prototypes I will make them visible the public.

FXQU_A1 using stops

The importance of using stops was once again verified.  EURJPY and GBPJPY pairs were all stopped out this morning for a 1.5% loss total on the account. 

An important part of using stops (and take profits) is to have them continuously adjusting to the market volatility...

FXQU_A1 secondary vps down

So the reason for being careful about platform upgrades and following proper process is again evident.  I performed a normal Windows server update on the secondary vps over the weekend and it has fallen over.  After trying numerous different tasks I couldn't even log in to it nor could the platform vendor.

The server has been reprovisioned however this means reinstalling everything.  I hope to switch the vps to a dedicated server in the near future.

FXQU_A1 v 2.07 update

Lots happening in the background. Currently testing v2.07 which has a new volatility algorithm... It is a hybrid version of standard deviation.. Convention was again thrown out the window.

More later