Dislikedusing ATR does better on a backtest for this year, but over the last 3 years, it does worse than the fixed 170pipsIgnored
Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
BB break + trendline break 24 replies
The Daily Break Out Strategy 29 replies
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Simple break-out strategy for trading daily chart 19 replies
Dislikedusing ATR does better on a backtest for this year, but over the last 3 years, it does worse than the fixed 170pipsIgnored
DislikedHi Basber ,
I would like to thankyou for posting the system,I have been using it live manually for 2 weeks now (early days I know) and on a demo for a month and it's been working great had a couple of losses but mainly wins.
I use on the EUR/USD and on the GBP when I see an inside daily bar.
I have been trading for 10 years on and off with little to no success due to my emotions causing me to make stupid trading decisions, however this year I have decided to really try and make it work to a point where i can go full time,
and as your system takes...Ignored
DislikedHi Basber ,
I would like to thankyou for posting the system,I have been using it live manually for 2 weeks now (early days I know) and on a demo for a month and it's been working great had a couple of losses but mainly wins.
I use on the EUR/USD and on the GBP when I see an inside daily bar.
I have been trading for 10 years on and off with little to no success due to my emotions causing me to make stupid trading decisions, however this year I have decided to really try and make it work to a point where i can go full time,
and as your system takes...Ignored
DislikedDear Traders,
Deathbait has done a great work coding the EA concerning the Basper's daily breakout system. Surely it blessed many of us in this forum. However, there have also been some suggestion to create semiautomated EA and make it more simple for those traders who find it more convenient for them. I asked a friend of mine, explained him the system and he coded the semiautomated EA which I'm attaching. It's the first version and there are both advantages and disadvantages to it. Possibly few bugs as well. It might be improved in the future,...Ignored
DislikedI may add this :
I believe a good system should work fine through at least 5 consecutive years, because market usually change it's behaviour through 4 year time cycle. So 5 years of consecutive positive results covers 2 cycles, one full cycle and one quertered cycle.
The thing you mentioned is absoloutly right. The recent properties and style is optimized with the latest movements and latest market behaviour.
Regards,
BasberIgnored
DislikedHi guys.
I have a lot of experience on horizontal line trading.
Consider this:
- backtesting BE is almost impossible.
A candle is a period of time when price can go up and down and down and up... You just don't know.
So, if you put an horizontal line, let's just say, on the middle of the candle you cannot assume that the price came down (ex) and continue down (downtrend) and made lots of pips and never touched the BE line.
Be careful with the backtest using horizontal lines.Ignored
DislikedHi guys, this is my first post on this thread.I have been reading through it for a while now and would like to try it out,unfortunately it is impossible for me to be at my PC all day or leave it running.I am thinking of trying to run the EA through a VPS(virtual private server) on a demo for a while.Just wondered if anybody has any experience in doing this.Any advice would be most welcome.
ThanksIgnored