Blog Post 44. It’s a Brave New World In Forex Trading

In early August, the new EA Blackwave Intraday strategy achieved a 0.65% gain. Developed over weeks, it's already on version 4.8, utilizing ATR for enhancing trade efficiency. The strategy draws from a decade of refinements and aims for 40% annual returns, though no guarantees are made. Future expansions include Blackwave Overwatch for swing trading and tailored EAs for specific currency pairs, enhancing investment options alongside traditional assets like pensions and properties.

Good morning. So you can thank the 0.65% in week one of August to the newly created EA Blackwave Intraday. I have spent the last few weeks going really deep into the strategy blah blah blah but hopefully we are seeing the fruits of it already. Since it was created a few weeks ago (version 4.5) I am already on version 4.8 and the latest version is using ATR basically everywhere. ATR is used from spacing between entries, to adjust TP in real time so the grid is essentially breathing in sync with the market. ATR will be used in a flash crash to hedge. Intraday is taking MY strategy learned from GOLDSTAR in 2014 and refined by me over a decade and deploying it in a H1 timeframe. I have modelled it to aim for circa 40% per year. That’s not easy to do and I don’t make guarantees here but it’s built and peer reviewed by multiple Artificial Intelligence Platforms. What is definitely new in terms of complete sophistication is “reverse ladder hedging”. which occurs in milliseconds.

This morning I took it and peer reviewed it with the upgraded ChatGPT 5 and it actually didn’t have any meaningful upgrade suggestions apart from increase position size a little but I think I won’t do that for now.

So what’s coming next is exciting too. To compliment the H1 strategy I have built Blackwave Overwatch, the same strategy on a swing trading time frame with adjustments to various parameters (total position, position size and more..). Once we get out of our AUDCHF I can deploy this. If that’s not interesting enough for you consider this thought….I have already built a “Blackwave Overwatch AUDNZD” which is to say it is specifically designed for that pair only. It won’t be that difficult in future to tailor an EA to the exact pair I am going to trade before the position is opened.

Trading both combined should get us closer to 40% per year (no guarantees). I absolutely know you can find other traders out there who will get you 40% per month but I am not competing with those guys. My goal is to provide a compliment to investors who might already have 1. A pension 2. Property Investments 3. Other investments and give them the option to spread that investment into the forex market too.

Finally finally I have created a “regulation” page for the website to give you an idea of how all this works from a legal standpoint. https://blackwave-forextrader.com/blackwave-regulation/

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