09 Jun A New Daily Heron Portfolio
A New Daily Heron Portfolio
June 9, 2023
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This week we’ve been looking at the Heron robot using Daily charts.
And the old research has held up pretty well.
Keep in mind, the negative reward to risk ratio concept holds up excellently in the 15-minute timeframe testing.
What’s interesting is that it’s held up on the Daily charts also.
So far, we’ve looked at two versions of the Daily Heron. Both were initially done a long time ago (as I’ve mentioned).
What would happen if we put them all together?
Let’s find out.
Using Portfolio Architect, here’s what a Daily Heron 245 portfolio looks like (EURUSD, GBPUSD, USDCAD):
Here’s the Curve on a hypothetical $20k account:
Here are the Annual Returns:
While there are a few losing years, the winning years are much larger and much more prevalent.
Now, what if we add the original Daily Heron back in to this portfolio (this one has a much smaller target and stop)?
Spoiler alert: Everything gets better.
New Annual Returns:
While we’d have to get creative in the U.S. (we can’t trade the same pair in the same account), the test results are encouraging (especially if you trade outside America).
The Heron is just begging to be noticed again.
Talk to you soon.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these sites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.