This will be a quick post.  I was asked by a number of this blog readers whether or not I am using the default settings or if I have already started tweaking.

From my side I am using the default settings, since I feel it is too early to start messing around with settings, although yes you can play around with back tests etc., but my question is:

If the creators of this robot have good intention and are good people and they are not scammers, they should have done the back tests themselves and the default settings should be the optimal.

Yes I am day dreaming, but I want to review the robot the way it was sold to the customer first, and then we will start optimising – if it will be worth our time.

Happy Weekend.

Hi Again, so how this new robot is doing? From my end it started bad, but it is too early to judge. I am still learning how this robots trades, what it trades, its stop losses, its profits (if any), chart patterns etc etc.

The most active pair was as expected Usd / Jpy. We had 3 completed trades, 2 losses and 1 win as per image below.

Click to view the picture in full size – open in a new browser.

Right now we have another open trade in Usd / Jpy at a profit of $16.47 at the time of writing this post.

My Thoughts so Far:
At some point the last two trades in which the Usd / Jpy resulted in a loss of -$96.84 was at a profit of around $80.00. For some reason the trade was not closed.

Similarly the other trade which at the end resulted in a profit of only $41.46, at some point it was at a profit of around $90.00 and again the trade was not closed. Although later was closed for a final profit of $41.46.

I don’t know why they weren’t closed, although to be honest I expected them to be closed automatically.

Probably I will leave the default settings running for another week and then we will start tweaking around and the run begins.

Stay tuned.