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Author Topic: SFE Price Action EA  (Read 116693 times)

Offline ccjhuang

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Re: SFE Price Action EA
« Reply #495 on: November 02, 2019, 10:16:10 PM »
Hello,

Thanks for your weekly updates, I am following your logs for a while and I am thinking to make my own combo account with SFE EA's. I own SFE Price action and bought Stealth too, could you advise me wich SFE EA is to be recommended as third addition to my combo account?

Thanks and wish you will reach the next 12 month goal!

Hi Jasper,

I would definitely choose SFE Attractor because it is better suited for the current market condition with less price movements. SFE Price Action and SFE Night Scalper were made a few years ago, and although they are still profitable in the long term, the growth seem to be slower now. Also as you would probably know, the current market hasnt suited SFE EURUSD very well.

I also wish you all the best and its good to know there are people who actually read my posts. ;D


Offline jasper2603

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Re: SFE Price Action EA
« Reply #496 on: November 05, 2019, 08:16:03 AM »
Hi,

Thanks for your advice will look at SFE Attractor as my next purchase. Your posts are definately read, you use good ea's with thight sl and good Money Management, very good combination if you ask me!

Offline ccjhuang

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Re: SFE Price Action EA
« Reply #497 on: November 09, 2019, 09:55:07 AM »
Weekly Result - 4th Nov 2019 to 8th Nov 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
+$609.36 (with -$197.77 floating loss)

SFE Stealth: (https://www.fxblue.com/users/jimmy8378/stats?magic=300051#week)
+$2239.97

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
-$1395.33

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$771.91

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
+$562.59

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
-$25.96

The week was rather quiet and it was reflected by the gains on SFE NS and SFE Stealth, and the losses on the price action EAs.

My account is still agonisingly close to making a new high with a DD of just 2%. Let's see if we can finally break higher next week. :)



Offline ccjhuang

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Re: SFE Price Action EA
« Reply #498 on: November 17, 2019, 06:41:48 AM »
Weekly Result - 11th Nov 2019 to 15th Nov 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
-$3751.48 (with -$319.85 floating loss)

SFE Stealth: (https://www.fxblue.com/users/jimmy8378/stats?magic=300051#week)
-$1170.20

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
-$1138.90

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$2062.62

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
+$620.24

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
No Trade

Not a good week for the SFE EAs...the market still has no clear breakout and SFE Attractor especially was hit hard by some Gold trades again. Only SFE Night Scalper picked up some pips from the relatively quiet market.

The best opportunity was probably the bad AUD numbers on Thursday which caused a big spike up on EURAUD, but the EAs were not interested in buying further and we missed out on the upward extension. I wonder if earlier versions of SFE PA would have jumped in with more buy trades? ???

Anyway, the week is now behind us. Let's look forward to the next one. :)


Offline marcopiccollo

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  • Posts: 35
Re: SFE Price Action EA
« Reply #499 on: February 17, 2020, 03:40:51 PM »
Weekly Result - 11th Nov 2019 to 15th Nov 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
-$3751.48 (with -$319.85 floating loss)

SFE Stealth: (https://www.fxblue.com/users/jimmy8378/stats?magic=300051#week)
-$1170.20

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
-$1138.90

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$2062.62

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
+$620.24

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
No Trade

Not a good week for the SFE EAs...the market still has no clear breakout and SFE Attractor especially was hit hard by some Gold trades again. Only SFE Night Scalper picked up some pips from the relatively quiet market.

The best opportunity was probably the bad AUD numbers on Thursday which caused a big spike up on EURAUD, but the EAs were not interested in buying further and we missed out on the upward extension. I wonder if earlier versions of SFE PA would have jumped in with more buy trades? ???

Anyway, the week is now behind us. Let's look forward to the next one. :)

Too bad. But I hope you recover soon! Following this topic for a quite long time

Offline Ruairi OPleurisy

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Re: SFE Price Action EA
« Reply #500 on: February 17, 2020, 04:52:18 PM »
The updates aren't published here any longer on a weekly basis, but I am still tracking the weekly stats by following on MyFXBook - nothing making me want to start trading this again I'm afraid.

Offline petersurrey

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Re: SFE Price Action EA
« Reply #501 on: February 18, 2020, 12:01:27 AM »
Stealth appears to be one of the better/steadier ones:

https://smartforexexpert.com/index.php?topic=542.0


Offline Keysen Johnson

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Re: SFE Price Action EA
« Reply #502 on: February 18, 2020, 01:59:37 PM »
Stealth appears to be one of the better/steadier ones:

https://smartforexexpert.com/index.php?topic=542.0

drawdown is pretty low I like that will be following this ea thank you so much.........

Offline ccjhuang

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Re: SFE Price Action EA
« Reply #503 on: March 13, 2020, 11:32:14 AM »
The updates aren't published here any longer on a weekly basis, but I am still tracking the weekly stats by following on MyFXBook - nothing making me want to start trading this again I'm afraid.

How about now? :)

I am still doing weekly updates but only on the offical forum.

There is also now a Telegram group for people who are interested about the EAs to join and discuss.

I am not allowed to post external links here but if you seek you shall find. :)


Offline ccjhuang

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Re: SFE Price Action EA
« Reply #504 on: March 14, 2020, 02:10:07 PM »
Also, I would just like to give a special mention to SFE Price Action.

Many people thought SFE PA was dead but I have always believed it will eventually bounce back at some point when volatility returns.

Guess what? The profit/loss on SFE PA on my SFE Combo account was a bit over -$40K in August 2019, and now this week it has just broken back above positive territory!



and with the current volatility in the market, I believe SFE PA will break back above the previous equity high on the official SFE PA account very soon:



I have a strong feeling that the decisive break higher from this stagnation period since July 2017 is imminent, and it may happen as soon as next week with the FOMC rate decision - let's see if my prediction would be correct. 8)


Offline ccjhuang

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Re: SFE Price Action EA
« Reply #505 on: March 21, 2020, 12:48:20 AM »
Weekly Result - 16th Mar 2020 to 20th Mar 2020

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
+$4633.19

SFE Stealth: (https://www.fxblue.com/users/jimmy8378/stats?magic=300051-300151#week)
+$181.46

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
+$19039.64

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$9924.89

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
-$5136.34

SFE Breakout: (https://www.fxblue.com/users/jimmy8378/stats?magic=270051-270302#week)
No Trade

Manual Trade: (https://www.fxblue.com/users/jimmy8378/stats?magic=0#week)
+$473.32

This week's FOMC took place even before the market opened, and as a result we missed all the price action following the massive USD rate cut. :-[

Nevertheless, SFE Price Action is the star of the week! It made a massive gain on 2 EURAUD trades and the official SFE PA account has now made a new equity high as I predicted! (though not in the way that I thought it would happen - I thought it would make a new equity high from FOMC but instead SFE PA did it with just 2 trades! :P)

Attractor and Night Scalper suffered quite a bit of losses this week, but the diversification with all the EAs means my account still made $4.6K this week overall. I am sure Attractor and Night Scalper will make back the losses eventually. :)

It's a happy end to the week with both my SFE Combo and SFE Combo Aggressive accounts reaching new equity high!

Given that the SFE Price Action official account has now reached a new equity high, I am now going to reduce the risk of all the EAs on my SFE Combo account back to the recommended normal risk:

Min Virtual Balance - $100000
SFE Attractor - 0.6% risk per trade
SFE Breakout - 1% risk per trade
SFE Night Scalper - 2% risk per trade
SFE Stealth - 3% risk per trade
SFE Price Action lot size will be reduced to 1 Lot per trade while waiting for the new version (which will have the new risk % per trade feature).

Next week we have Europe PMIs, BOE rate decision and US employment claims...could be another interesting week to watch ::)

Finally, let me finish with a few nice screenshots:

Current SFE Price Action Profit/Loss graph on SFE Combo Account - what a comeback!


SFE Price Action official account at new equity high:


SFE Combo at new equity high:


SFE Combo Aggressive at new equity high:


Total profit I have made since using Joel's EAs - now over $330K! 8)


 

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