DislikedHi guys, did you get the +75 on Tuesday (Long) or was the EMA running through the box on your charts? Just curious.....Ignored
Hi Scull
Hows things mate..
Tues for me was no trade, pic attached
cheers
Grant
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DislikedHi guys, did you get the +75 on Tuesday (Long) or was the EMA running through the box on your charts? Just curious.....Ignored
DislikedHi guys, did you get the +75 on Tuesday (Long) or was the EMA running through the box on your charts? Just curious.....Ignored
DislikedHi Scull
Hows things mate..
Tues for me was no trade, pic attached
cheers
GrantIgnored
Dislikedsorry Grant, thought the box was the high/low 04.00-06.00 hrs London time.........
will look at earlier posts to see how you draw the box.
thanks for pointing that out.Ignored
DislikedHello Tommy,
which EA have you used for the backtest, with the box_breakout_v1.3 it´s not possible to enter TP3 or may be I am doing the backtesting wrong?
thanks
Bambo0Ignored
DislikedI use EA_breakout_trend_TP3. I will attach the EA along with back-test done for this year. I used to trade system manually with only 2 positions. Back back-tests shows that adding the 3rd position gives greater return and only risking 5% per $10,000. Which is a little more then the 2% "they" say to risk, but who are "they".Ignored
DislikedHi,
What TP's and SL did you use for the tests? Otherwise same as Grant's method?
Regards
ArchieIgnored
DislikedHi Scull
Hows things mate..
Tues for me was no trade, pic attached
cheers
GrantIgnored
DislikedOh sorry.. I thought you would see if off back tests.
I use almost same box as Grant. Except I place my trade at 6:15, as for Grant I believe is places his trade at 6:00. I use SL of 15 and trade three (3) positons of TP1 of 15, TP2 of 30, TP3 of 45. Of course each time TP is hit I move SL up. And I look at MA 85 on 1 hour TF, not 15min!!. I used to trade this system manually and when MA was inside box, I would look at 15 min TF and drop the 3rd position and only trade 2.
hope that makes sense!Ignored
DislikedHi,
Thanks! I noticed that it was visible on the backtest
I wonder what your experience is regarding the EMA? You said that you are using 85 on daily, and that is quite different than 85 on 15M. Have you experienced better results with those settings?
Also, why do you use 4:00-6:15 instead of just until 6?
Regards
ArchieIgnored
Dislikedtommy,
just to be clear, didn`t you say in an earlier post that you risk 5% of your capital, so wouldn`t that be 5x Grant`s 1%?
get the feeling your system is still a work in progress and haven`t worked it all out yet.....
keep going. if it were me I would let the third trade run without TP to catch the really big moves of 100-200 pips, which happen sometimes. maybe even let it run into (an)other day(s) if there is a big trend.
after all you will be already in profit for 15 + 30 pips from the other 2 positions.
what I like about Grant`s...Ignored