Difficult November for scalping EAs
November is over and it is time to look at the performance of my scalper EAs at JadeFX. It was the worst performing month since May this year with “just” 2.88 % gained. There we’re two massive loosing streaks on the 3rd - 5th and the 18th - 19th. In both cases news pushed prices out of the usual channels during the Asian session basically affecting all scalping strategies.
Performance outside of these dates was good. Risk taken is clearly quite high, but it is intended as a high risk account. I am experimenting with tighter stoplosses and adapted timeout values as a way of reducing the swings.
Most profits (and losses) are made by The Channel Scalper trading EURGBP, but the performance of XBars MA Scalper on GBPUSD this month is notable. It took profit in 9 of 11 trades (82%) and made 99.5 pips in total because of it’s sensible TP vs SL ratio of 1:3.
