So here's the setup:
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MT4 candle-by-candle manual backtesting 9 replies
Charts, Charts, Charts! 1 reply
Is it possible to shift all charts back to a certain time (for manual backtesting) 3 replies
manual backtesting problem 3 replies
Manual backtesting tips and advices 6 replies
Quoting llambert3DislikedActually I was the only one that said #3, so unless you thought so too, then where did you get a consensus? Just making sure you knew those several posts were mine..Ignored
Quoting Horace KentDislikedYes, twinchell said 2, but I really dont think you can extend lines into the past, then you could conceivably use ANY point, and that would be completely wrong. So it was a consensus of two!Ignored
Quoting Horace KentDisliked12 hours later, we're stopped out. We could have taken more profit had we been watching the candles form, as price action gave clues that a turn was in the works, but +10 is better than a loser. And personally, if I were ever up 77 pips, I'd NEVER only end up taking 10. That is where discretion comes in though. According to the system proper, this was a + 10 trade...Ignored
Quoting llambert3DislikedTHe problem with taking the 77 pips is losing the potential for the 156. I almost agree to a point though what you are saying. Maybe if it were up +70/80, set the s/l to +20 or +30??? That may make you feel better, but it could still hit those before continuing down steep.Ignored
Quoting Horace KentDislikedVery interesting now...
We are up 128 pips. Would you wait for the 190, or take (atleast some) off the table.
I'd probably wait to see what the next candle brought, but as far as I'm concerned, this is atleast a 100 pip winner and my entry was based SOLEY on MOUTEKI. The fact that targets are not always spot on does not bother me too much. (though this one may be, I don't know yet, we'll see)Ignored
Quoting hans_gregorDislikedGood job Horace!!! Keep going!
There is a trick to "hide" candles from the chart?Ignored
Quoting forexplayerDislikedFolks, what pair is this we are talking about?Ignored