ok, did the analasys and so far it's like this.

aud -19, eur -87, cad -72, chf +441

so 263 pips so far - remember this system is designed not to make lots of money, but to be a nice smooth equity curve - there is a larger winning percentage on all pairs and it's hoped that when some are losing some are winning - thats exactly whats happening so far - actually better than i expected.

usd jpy has now been added to the mix making five pairs.

I'm afraid i cannot post the trades anymore as they just do not appear in the test blog - shame that but i will keep you posted.

Pointless

Sorry all, but this is pointless.

Half the emails are not getting through at all to the blog - there are trades in that it posted but never appeared and there are trailing stops in that have not appeared on the blog.

so it's just pointless continuing with the trident test log.

as it stands it's about break even, it had a skew of losers last week and some winners since - just about in profit i think but ive not done the analasys yet.

The new blog for the signals can be found at http://tridentforex.blogspot.com/

Hi all, thanks for having a look at this.

for some reason not all mails are making it through - they get sent but i think blogger does something to identify multiple emails looking the same - the onoly difference in mine is the prices so maybe it classes em as spam.

however, im now trying to put the pair traded in the subject line so lets try that.

results so far are like this

12 trades
10 winners
2 losers
222 pips

please try to keep track of trades yourself if you are interested cos i wont be doing this often.

I fully expect these results to worsen as the strategy is winning too often - ave win / loss in testing was around 55% and not what's been shown so far

Trading expert experiment 2 - Trident

Hi all.

Time for another automatic trading experiment then.

Ive been working on a new autotrading system which looks like it has real promise.

The tests suggest an up to 75% win / loss ratio complete with bigger winners than losers on average so looking good.

The system called Trident is to be traded on a live account and you can follow it's progress.

At the moment this is the information I am happy to give you :

1. The system is traded on the 30 minute chart.
   
   
2. Some trades can last days, some only minutes.
   
   
3. The system is exited via four ways, a stop, trailing stop, take profit or system closing signal.
   
   
4. Each pair has different settings, however this system does not use indicators and is mathematically based.

At the moment I have 2 pairs running on the system however more will be added as we progress to a probable 5 - 10 pairs.

The autotrader will post trades in real time to a new blog. this is done via email and sometimes for some reason they don't appear in the right order on the blog - I can't do anything about that and i'm buggared as to why it happens??? - any idea's anyone?

The autotrader WILL tell you when all the following actions occur:

1. trade enters long or short
   
   
2. The symbol traded
   
   
3. The entry point
   
   
4. The stop loss
   
   
5. The take profit
   
   
6. when the trailing stop kicks in a single post will say what the trailing stop distance is.
   
   
7. The trade closes on a close signal from the autotrader

The autotrader will NOT tell you when the following actions occur:

1. The trade closes on the take profit
   
   
2. The trade is stopped out
   
   
3. The trade closes on the trailing stop

So basically you do have to track the trade on a price chart to know when it's dead. However to help you there will never be more than one trade per currency pair running. so if you see a post 'New Trade' then you will know that the previous trade has ended.

there, thats about it - if you have questions please use the chat box on the right.

The new blog for the signals can be found at http://tridentforex.blogspot.com/