I'm sorry. I meant to ask "how wide is your initial stop." What criteria do you apply to choosing its location.
many thanks
many thanks
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DislikedI'm sorry. I meant to ask "how wide is your initial stop." What criteria do you apply to choosing its location.
many thanksIgnored
DislikedSorry, just need to clarify, your setup in post 1 says use a 9 & 18, but all your charts show 21 34 and 55 WMA. So I want to make sure that it is the last 3 you are using on this method?Ignored
DislikedGBPUSD trade ended and results are here
This was on a demo account and for the 10 days it lasted the profit was almot 20% (19.1% actually) of the starting balance
Inserted Code[b]Type Date Price SL P/L P/L$ lots:[/b] b 27.6.2007 2.0022 2.0308 0.0286 0.0286 42.96 1 b 28.6.2007 2.0074 2.0308 0.0234 0.0234 35.16 1 b 06.7.2007 2.0110 2.0308 0.0198 0.0198 29.76 1 b 09.7.2007 2.0136 2.03084 0.0172 0.0172 25.86 1 b 10.7.2007 2.0139 2.03084 0.0170 0.0170 25.485 1 b 10.7.2007 2.0171 2.03084 0.0137 0.0137 20.61 1 b 10.7.2007 2.0251 2.03084 0.0057 0.0057 8.61 1 b 11.7.2007 2.0291 2.03084 0.0017 0.0017 2.61 1 [b]Total: 191[/b]Ignored
DislikedHi Isto,
What I don't get is that you tell as a rule,to go long at the breakouts of the lowerhighs. I know this is not a completed and strictful strategy yet but in the given example (fron the linked chart) can you explain why you have taken the second trade?
Keep on the good stuff....Ignored
[b]Total Trades: 76 Total Net Profit: 5 691.13[/b] Gross Profit: 20 701.76 Gross Loss: 15 010.63 Drawdown Absolute: 845.15 Maximal: 4 092.53 (38.43%) Drawdown: 38.43% (4 092.53) Short (won %): 18 (38.89%) Long (won %): 58 (39.66%) Profit Trades (% of total): 30 (39.47%) Loss trades (% of total): 46 (60.53%)