Hello traders and investors. I am an experienced trader here on Darwinex, owner of Darwins UEI https://www.darwinex.com/darwin/UEI.4.22 and GRF https://www.darwinex.com/darwin/GRF.4.3.
For more info on these please see my diary here (please be aware that GRF is a laboratory of numerous strategies yet to be whittled down/ refined. I am running it so I can see how it performs as a Darwin relative to my normal trading account - I would not recommend buying this at the moment):
UPDATE: SINCE DECEMBER 2018 GRF IS TRADING THE TREND STRATEGY DISCUSSED/ SUMMARISED BELOW
I have been working on a new trend following strategy, based on price action on the H4 time frame. I have now coded this as an EA, which I am running on a demo account for a few months, until I get to around 100 trades or so.
The EA runs on GBP/JYP and EUR/USD as these are relatively uncorrelated and seem to trend quite well/ regularly.
At the moment I am testing three variations on a theme with EUR/USD. The three EUR/USD strategies have magic number 2,3&4 on the myfx book page here (GBP/JPY is magic number 1):
My expectation (edge) is that the system will return around a 50/50 win rate but with larger winners than losers. The system aims to let winners run and cut losers early - very basic but very overlooked advice!
Any comments or questions are more than welcome and I will be launching this as a live Darwin once I am happy that it has been tested on demo for long enough.