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Another day, another update for the Happy Hunter Trading System! So, how did the last hunt of the week go?

Volatility picked up and there was even a somewhat steady trend on March 16. Sadly, intraday price action wasn’t too favorable so both Variants weren’t able to profit from the trend.

Anyhow, here’s what we’ll be covering in today’s update.

By the way, if you need to check out the previous weeks’ performance under the updated rules, then go ahead and click on the links below.

Also, I’ve rewritten and republished the monthly evaluation to reflect the updated rules. So if you’re interested to know how the two Variants fared under the new rules, then click on the link below.

And if you’re a first-time reader and have no idea what this is all about, then you may wanna click on the links below to read about and understand the rules of the system.

Also, if you’re wondering what the numbers on the charts are about, they refer to the trade #, based on the chronological order when the signal was generated, not necessarily when the trade was executed.

Oh, also note that you can find the details of each trade in the tables below the chart. If the table is too small to read, just remember that you can click on it to enlarge it.

The Fixed TP Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Mar. 16)
GBP/NZD: 1-Hour Forex Chart (Mar. 16)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Mar. 16)
GBP/NZD: 1-Hour Forex Chart (Mar. 16)
Trade Details (Click to enlarge)

The Month So Far

Equity Curve Comparison (Mar. 1-16)
Equity Curve Comparison (Mar. 1-16)

There was a 200-pip uptrend on March 16. However, selling pressure was ever present, resulting in brief periods of choppy price action. As a result, the system generated sell signals… that ended up with full losses.

Both Variants therefore didn’t really profit from the trend, which is a bit of a letdown.

Anyhow, the Fixed TP Variant now only has 1.80% in gains for the month (+1.98% previous). The Variant’s gains shrank, even though it had two full wins and two full losses, thanks to the Variant’s poor reward-to-risk ratio due to the relatively large 12-pip spread on GBP/NZD.

As for the Trailing Variant, it’s very slightly eased from -0.60% to -0.55%, thanks largely to trade # 51.

Anyhow, that’s all for today.

By the way, reader sanchum has decided to create an EA based on the rules. It’s still a work-in-progress and a lot of things need to be worked out, so DON’T TRADE IT LIVE. But if you’re interested in testing the EA and speeding it’s progress, you can download it below and then message sanchum directly or post in the comments section below to discuss how to improve it. I’m sure sanchum and everybody else who’s interested in the Happy Hunter Trading system will appreciate it.

Sanchum’s Happy Hunter EA (Work-In-Progress)

Tune in again tomorrow! And as always, I enjoy your feedback, so if you have any questions, or if you found a possible error somewhere, or if you just want to say “hi”, then don’t be shy and write a comment down below!

Cheers!

Happy

 

 

This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.