I continue trading Forex Morning Trade with standard settings: Profit Target = 35, Stop Loss = 40 pips, Break Even = 20 pips, UseLongCandleFilter = true.
Turbo Morning Trade forward test continues with the same values:
FirstProfitTargetPips=35, FirstTargetClosingPercent=50, StopLossPips=40, BreakEvenAtPipsProfit=20, SecondProfitExitStrategy=3, TrailingStopPips=20, UseADRFilter = true, UseLongCandleFilter = true
Please note that Turbo Morning Trade uses partial profit, it exits with 50% of the position on PT #1 and then with the rest on PT #2. So the total result in pips for Turbo Morning Trade EA has to be divided by two to get the real results.
It is because if you’d trade with 0.1 lot, first profit will close 0.05 lot which means you’ll earn only half of the pips value.
There are few changes this month:
- I’ll start writing pips in 5 decimal places (so far I was rounding them to 4)
- I’m trading Turbo Morning Trade EA on a LIVE, not demo account
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Forex Morning Trade Live account (PFG Best) |
Turbo Morning Trade EA Live account (Alpari UK) |
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1st March – LONG Entry: 1.62708 PT: 1.63050 P/L: + 34.2 pips |
1st March – LONG Entry: 1.62711 PT #1 (50%): 1.63071 : 36 pips / 2 PT #2 (50%): 1.62978 : 26.7 pips / 2 P/L: + 62.7 pips / 2 = 31.35 real pips |
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2nd March – SHORT Entry: 1.62302 SL: 1.62734 P/L: - 43.2 pips |
2nd March – SHORT Entry: 1.62309 SL: 1.62709 P/L: - 40 real pips |
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3rd March – SHORT Entry: 1.63203 PT: 1.62825 P/L: + 37.8 pips |
3rd March – SHORT Entry: 1.63211 PT #1 (50%): 1.62884 : 32.7 pips / 2 PT #2 (50%): 1.62840 : 37.1 pips / 2 P/L: + 69.8 pips / 2 = 34.9 real pips |
| 4th March – NO TRADE | 4th March – NO TRADE |
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Weekly summary (including 1 day from February) 3 profits, 1 loss the week ended with +64.8 pips profit. |
Weekly summary (including 1 day from February) 3 profits, 1 loss the week ended with +54.75 pips profit. |
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7th March – SHORT Entry: 1.62546 SL: 1.62944 P/L: -39.8 pips |
7th March – SHORT Entry: 1.62538 SL: 1.62938 P/L: - 40 real pips |
| 8th March – NO TRADE | 8th March – NO TRADE |
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9th March – SHORT Entry: 1.61513 SL: 1.61903 P/L: - 39 pips |
9th March – SHORT Entry: 1.61521 SL: 1.61921 P/L: - 40 real pips |
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10th March – SHORT Entry: 1.61630 PT: 1.61279 P/L: + 35.1 pips |
10th March – SHORT Entry: 1.61634 PT #1 (50%): 1.61284 : 35 pips / 2 PT #2 (50%): 1.61482 : 15.2 pips / 2 P/L: + 50.2 pips / 2 = 25.1 real pips |
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11th March – SHORT Entry: 1.60479 SL: 1.60482 P/L: - 0.3 pips |
11th March – SHORT Entry: 1.60505 SL: 1.60505 : 0 pips P/L: 0 real pips |
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Weekly summary 1 profit, 2 losses, 1 BE the week ended with -44 pips loss. |
Weekly summary 1 profit, 2 losses, 1 BE the week ended with -54.9 pips loss. |
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14th March – LONG Entry: 1.60746 SL: 1.60345 P/L: - 40.1 pips |
14th March – LONG Entry: 1.60772 SL: 1.60372 P/L: -40 real pips |
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15th March – SHORT Entry: 1.61166 PT: 1.60818 P/L: + 34.8 pips |
15th March – SHORT Entry: 1.61170 PT #1 (50%): 1.60817 : 35.3 pips / 2 PT #2 (50%): 1.60785 : 38.5 pips / 2 P/L: + 73.8 pips / 2 = 36.9 real pips |
| 16th March – NO TRADE | 16th March – NO TRADE |
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17th March – LONG Entry: 1.60434 PT: 1.60790 P/L: + 35.6 pips |
17th March – SHORT Entry: 1.60419 PT #1 (50%): 1.60781 : 36.2 pips / 2 PT #2 (50%): 1.60547 : 12.8 pips / 2 P/L: + 49 pips / 2 = 24.5 real pips |
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18th March – LONG Entry: 1.61501 PT: 1.61847 P/L: + 34.6 pips |
18th March – NO TRADE skipped because of ADR filter |
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Weekly summary 3 profits, 1 loss the week ended with +64.9 pips profit. |
Weekly summary 2 profits, 1 loss the week ended with + 21.4 pips profit. |
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21st March – NO TRADE I had no signal on PFG |
21st March – LONG Entry: 1.62167 PT #1 (50%): 1.62522 : 35.5 pips / 2 PT #2 (50%): 1.62520 : 35.3 pips / 2 P/L: + 70.8 pips / 2 = 35.4 real pips |
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22nd March – LONG Entry: 1.63120 PT: 1.63495 P/L: + 37.5 pips |
22nd March – LONG Entry: 1.63114 PT #1 (50%): 1.63464 : 35 pips / 2 PT #2 (50%): 1.63752 : 63.8 pips / 2 P/L: + 98.8 pips / 2 = 49.4 real pips |
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23rd March – SHORT Entry: 1.63619 SL: 1.63619 P/L: 0 pips exit at BE |
23rd March – SHORT Entry: 1.63636 SL: 1.63636 : 0 pips P/L: 0 real pips |
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24th March – SHORT Entry: 1.62314 SL: 1.62314 P/L: 0 pips again kicked out at BE, and again the trade went our way. Just a bad luck these last two days. |
24th March – SHORT Entry: 1.62324 SL: 1.62324 : 0 pips P/L: 0 real pips |
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25th March – SHORT Entry: 1.61083 PT: 1.60731 P/L: + 35.2 pips |
25th March – SHORT Entry: 1.61084 PT #1 (50%): 1.60732 : 35.2 pips / 2 PT #2 (50%): 1.60853 : 23.1 pips / 2 P/L: + 58.3 pips / 2 = 29.15 real pips |
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Weekly summary 2 profits, 2 times BE, no loss the week ended with +72.7 pips profit. |
Weekly summary 3 profits, 2 times BE, no loss the week ended with + 113.95 pips profit. |
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28th March – SHORT Entry: 1.60069 PT: 1.59698 P/L: + 37.1 pips |
28th March – SHORT Entry: 1.60088 PT #1 (50%): 1.59738 : 35 pips / 2 PT #2 (50%): 1.59947 : 14.1 pips / 2 P/L: + 49.1 pips / 2 = 24.55 real pips |
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29th March – LONG Entry: 1.60221 SL: 1.59816 P/L: - 40.5 pips |
29th March – LONG Entry: 1.60214 SL: 1.60214 P/L: 0 real pips with little bit of luck the trade hit BE on Alpari |
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30th March – LONG Entry: 1.60034 PT: 1.60397 P/L: + 36.3 pips |
30th March – LONG Entry: 1.60020 PT #1 (50%): 1.60374 : 35.4 pips / 2 PT #2 (50%): 1.60539 : 51.9 pips / 2 P/L: + 87.3 pips / 2 = 43.65 real pips |
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31st March – LONG Entry: 1.61117 PT: 1.61467 P/L: + 35 pips |
31st March – LONG Entry: 1.61097 PT #1 (50%): 1.61429 : 33.2 pips / 2 PT #2 (50%): 1.61240 : 14.3 pips / 2 P/L: + 47.5 pips / 2 = 23.75 real pips |
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Whole March summary 11 profits, 5 losses, the month ended with + 190.3 pips profit. |
Whole March summary 11 profits, 4 losses, the month ended with + 198.65 pips profit. |
Comment on March results
Another very good month with very nice profit. 190 pips represents almost 10% increase of the account (by risking 2% per trade).
Now we are able to compare Turbo and FMT on live accounts, so far Turbo didn’t perform better. It requires longer trends to show its strengths.
As announced in my newsletter, from next month I’m starting to trade Turbo strategy on a real live account (not on Demo), so we’ll be able to really compare both strategies.