Is it possible to make Forex Autopilot better? The percentage of winning trades for Forex Autopilot is well above 90%, but wouldn’t it  still be nice to do something about those 10% losing trades?

As discussed in my Forex Autopilot review, there aren’t too many parameters you can change so you might think there’s not much you can do to influence the performance of your robot, but you’d be wrong.

If you look closely at the performance details of Forex Autopilot for the past 5 years you’ll find a very peculiar pattern to the losing trades. Nearly all of the losing trades occur at the beginning of the month.

In fact, at the end of each month Forex Autopilot closes out any open trades that are losing when the month rolls over to the next. Looking at the data shows most  of the losing trades are closed out on the 1st - 3rd of the month. When it’s the 3rd it’s because the 1st was a Saturday.

Why they take this strategy isn’t clear to me yet, but regardless, with such an obvious pattern for losing trades it might be possible to use this information to simply avoid taking certain trades near the end of the month.

The best way to use this information is still being investigated, but to be sure, whenever there is an obvious pattern there is usually a way to exploit it to some degree.

The biggest issue to using this information to our advantage is that although it’s easy to determine what the last trade of the month was in hindsight, it’s not so easy looking forward. The reason being is that these losing trades don’t always open near the end of the month. Sometimes they were opened early in the month and just turn out to be longer duration trades.

A couple approaches being investigated are

1. Histogram the trades and try and see if there is more pattern indicators that might be predictive of bad trades. For instance, hypothetically if 70% of the bad trades begin in the last 4 days of the month perhaps if we simply don’t trade the last 4 days of each month our overall ROI will improve?
2. Work on determining the exact rule Forex Autopilot uses to exit it’s losing trades. Perhaps there are certain market conditions that more frequently lead to these end of month bad trades. This might lead to an understanding of how better to exploit this pattern

I’ve received a number of emails about this Forex Autopilot “feature” so I know there are a number of people working on ways to exploit this  and I’m confident an approach will be found. Even a slight improvement in performance could mean many thousands of dollars.

If you want to get the absolute most money from your Forex robot then be sure to get your copy of our FREE Guide to Getting Rich with Forex Robots.