FX Trading Diary Paul's Red Hawk EA MT4 Trading Diary

KeyMaster

Forex Tourist
For all of us trading Red Hawk EA...does anyone have a trade so far on tonight's session?

I've got nothing going on so far this evening...
 

KeyMaster

Forex Tourist
Thanks @Tipofthe (y)


Also dry...hopefully tonight I break the bad streak....
Hey @Paul sorry for hijacking your thread...I've started a new thread so we can all share our opened (and closed ;)) positions with Red Hawk EA here:

See you all there :)
 

Paul

Forex College Student
In the middle of a huge spike on GBPUSD:

1104

I must say, it is worth mentioning the trade went 30 pips in a loss, and RH didn't close it...let's see if this turns out to be a brilliant strategy...or a huge loss...what matters is the result of course....

This is going to be another white knuckle night.... :eek::eek::eek::eek:
 

KeyMaster

Forex Tourist
In the middle of a huge spike on GBPUSD:

View attachment 1104

I must say, it is worth mentioning the trade went 30 pips in a loss, and RH didn't close it...let's see if this turns out to be a brilliant strategy...or a huge loss...what matters is the result of course....

This is going to be another white knuckle night.... :eek::eek::eek::eek:
I'm starting to think there's is something off with how Red Hawk decides the direction of the trade...some seem to be so obvious that it should have been a BUY instead of a SELL order...I haven't looked at this deep enough, but it looks like another example...

Hope it closes on the right side, good luck @Paul (y)
 

Applepine

Climbing the Trader's ladder
I'm starting to think there's is something off with how Red Hawk decides the direction of the trade
I have had the same feeling too...perhaps there is something related to the signals Red Hawk is getting from the higher time frame indicators....perhaps it's weighing too much...or the scope is too far to be actually relevant.
 

Ninja

Forex Grade Schooler
In the middle of a huge spike on GBPUSD:

View attachment 1104

I must say, it is worth mentioning the trade went 30 pips in a loss, and RH didn't close it...let's see if this turns out to be a brilliant strategy...or a huge loss...what matters is the result of course....

This is going to be another white knuckle night.... :eek::eek::eek::eek:
I don't understand why Red Hawk EA uses so many fake take profit and stop losses?
In my case, it rarely goes all the way as shown here...it usually closes way before those levels... 🤔
 

Paul

Forex College Student
Another night, another loosing session :(....last night was but a small loss, but the night before it was a much bigger loss....:(:(:(

EURUSD = -10.34
GBPUSD = -11.75
USDCHF = 0.00
EURCHF = 0.00
EURGBP = 0.00
AUDCAD = -10.40
AUDJPY = 0.00
EURAUD = 6.65

USDCAD = 0.00
-------------------

TOTAL = 474.16

These are my Red Hawk trades this week so far:

1107

This is how it looks right now:

1106


Sigh.....I know it's too early to really say how I'm feeling....I really had a lot of hope for this EA. The backtests were good...but like many of Wim's EAs...they are very backtest friendly...so the REAL test is always here...

I hope this story has a happy ending....I hope 🙏

Tonight....another try...
 

Starburst

Forex Tourist
Another night, another loosing session :(....last night was but a small loss, but the night before it was a much bigger loss....:(:(:(

EURUSD = -10.34
GBPUSD = -11.75
USDCHF = 0.00
EURCHF = 0.00
EURGBP = 0.00
AUDCAD = -10.40
AUDJPY = 0.00
EURAUD = 6.65

USDCAD = 0.00
-------------------

TOTAL = 474.16

These are my Red Hawk trades this week so far:

View attachment 1107

This is how it looks right now:

View attachment 1106


Sigh.....I know it's too early to really say how I'm feeling....I really had a lot of hope for this EA. The backtests were good...but like many of Wim's EAs...they are very backtest friendly...so the REAL test is always here...

I hope this story has a happy ending....I hope 🙏

Tonight....another try...
You're still not in the hole...but it's not been a smooth start at all....:(
 

whisquer

Forex Eminence
I've written to Paul to see if he might want to tweak his settings. Red Hawk in demo since 28th Oct forward testing has been good to me thus far. But I don't trade every pair and my settings are bespoke for each pair:
2020-11-19 07_51_35-beeks - 38.76.17.138_5929 - Remote Desktop Connection.jpg

And yes, I went live earlier this week on the back of the above, and my live results echo those of the demo account shown above (at least since starting this week). I would highly suggest the following:

* choose a VPS with very low latency to the broker trading server - my VPS latency is 1ms
* do optimizations to find the best set for every pair. Some pairs trade much less often than others. See my optimization video on F2F if you don't know how to do this.
* you don't need to trade every pair. You can pick your 'BOA' or 'Best of All' if you would like to concentrate your resources on your best pairs.

Now, if you're into Red Hawk, do the work, and go get those green pips!
whisquer
 
Last edited:

Paul

Forex College Student
Well, well, well....I have the first profitable evening with Red Hawk :)
Still in the red...but this is step in the right direction. From my back tests, I did notice on every pair there would be moments like this (referring to my loosing streak) and that it would eventually turn. I'm hoping the same backtest results translate into real. But anyhow, one good night keeps me away from that 10% loss threshold.

EURUSD = -13.82
GBPUSD = -5.59
USDCHF = 0.00
EURCHF = 0.00
EURGBP = 0.00
AUDCAD = -3.86
AUDJPY = 0.00
EURAUD = 10.22

USDCAD = 0.00
-------------------

TOTAL = 486.95


1113

The bulk of my losses are on EURUSD which funnily enough was one of the best performing pairs out of the backtests...go figure.
Happy to see the losses reduced on the GBPUSD and AUDCAD....there is still hope here :)
 

Hulkson

Ready for Forex Prom!
Well, well, well....I have the first profitable evening with Red Hawk :)
Still in the red...but this is step in the right direction. From my back tests, I did notice on every pair there would be moments like this (referring to my loosing streak) and that it would eventually turn. I'm hoping the same backtest results translate into real. But anyhow, one good night keeps me away from that 10% loss threshold.

EURUSD = -13.82
GBPUSD = -5.59
USDCHF = 0.00
EURCHF = 0.00
EURGBP = 0.00
AUDCAD = -3.86
AUDJPY = 0.00
EURAUD = 10.22

USDCAD = 0.00
-------------------

TOTAL = 486.95


View attachment 1113

The bulk of my losses are on EURUSD which funnily enough was one of the best performing pairs out of the backtests...go figure.
Happy to see the losses reduced on the GBPUSD and AUDCAD....there is still hope here :)
Finally a good day, keep it up @Paul (y)!!!
 

Paul

Forex College Student
I've written to Paul to see if he might want to tweak his settings. Red Hawk in demo since 28th Oct forward testing has been good to me thus far. But I don't trade every pair and my settings are bespoke for each pair:
View attachment 1110

And yes, I went live earlier this week on the back of the above, and my live results echo those of the demo account shown above (at least since starting this week). I would highly suggest the following:

* choose a VPS with very low latency to the broker trading server - my VPS latency is 1ms
* do optimizations to find the best set for every pair. Some pairs trade much less often than others. See my optimization video on F2F if you don't know how to do this.
* you don't need to trade every pair. You can pick your 'BOA' or 'Best of All' if you would like to concentrate your resources on your best pairs.

Now, if you're into Red Hawk, do the work, and go get those green pips!
whisquer
Many thanks for reaching out @whisquer !
I really appreciate your help in all this!
I responded via PM (y)

All the best!
 

Brickwall

Forex Tourist
Well, well, well....I have the first profitable evening with Red Hawk :)
Still in the red...but this is step in the right direction. From my back tests, I did notice on every pair there would be moments like this (referring to my loosing streak) and that it would eventually turn. I'm hoping the same backtest results translate into real. But anyhow, one good night keeps me away from that 10% loss threshold.

EURUSD = -13.82
GBPUSD = -5.59
USDCHF = 0.00
EURCHF = 0.00
EURGBP = 0.00
AUDCAD = -3.86
AUDJPY = 0.00
EURAUD = 10.22

USDCAD = 0.00
-------------------

TOTAL = 486.95


View attachment 1113

The bulk of my losses are on EURUSD which funnily enough was one of the best performing pairs out of the backtests...go figure.
Happy to see the losses reduced on the GBPUSD and AUDCAD....there is still hope here :)
It's just one day in the plus....but hoooray ;)
 
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