Deleted at nitman's request..
google:
Question on trading system filters 3 replies
TD Line Qualifiers and potential filters 56 replies
Learning From Unsuccessful Mouteki Trades - The Search for Filters... 262 replies
Price Action Trading: Exit Strategy and Filters 3 replies
Spam filters are killing my chart alerts 0 replies
Quoting twoblinkDislikedI've been forward testing mouteki in warp speed...
I'm currently trading at 50%, and 2:1.
One of the filters I used has prevented entries of about 30% of the mouteki signals, and I note that the filters indeed saved me from a loss.
Two of my losses hit my SL by 2 pips and then rebounded to hit what would have been my TP.. I have no generated filters for them as well.. and will apply them to future trades..
I would love to post the filters, but I'm trying to figure out the best way to explain them.. Screen shots with detailed explainations probably isn't going to cut it.. webinar???
But I just wanted to say, that with the two sets of filters, I think I can move my Mouteki trades to about 70%, up from 30% or so.. That's significant..
I'm more than willing to share, but I'm open to suggestions as the clearest method to share it; as John Madden versions of charts probably aren't enough...Ignored
Quoting nitmanDislikedWhy are you modifying something that's already working dude. Just use Mouteki's stoploss strategy and not try to find reasons to let your losses run. I think it's cut you losses short and let your profit run ... something like that.Ignored
Quoting nitmanDislikedWhy are you modifying something that's already working dude. Just use Mouteki's stoploss strategy and not try to find reasons to let your losses run. I think it's cut you losses short and let your profit run ... something like that.Ignored
Quoting twoblinkDislikedI'm not sure moving my stoploss 2 pips is "letting my losses run". But if you say so..
Moving it 2 pips will reduce my loss rate by close to 50%.
With 2 filters, I've been able to move from a 30% or so success rate to close to 70%.
If mouteki straight up is working great for you, then great. You do what you gotta do, I'll do what I gotta do..
If this is a request for me to stop posting my tweaks, mods, and filters, then I am more than happy to oblige..Ignored
Quoting AnglerDislikedhi...
I think someone has got a bit over excited here...
I did not see anywhere in Nitman's posts to ask you to delete your posts (unless in another thread I have not read ) so dont go using his comments as your reason....He is allowed an opinion in this forum also and nobody said you have to agree with it....his Post started out.." Why are you "..that sounds like a question to me and nothing else...
I made similar comments a week or so ago because people where trying to add indicators when they had not given the original method a good try as yet..and as such had no idea what was going wrong ( if anything ) on a consistant basis...so what were they fixing was my only concern.
Everyones posts are welcome here and if they are a good read and generate some thought in others thats even better...even if the others don't fully agree.Ignored
Quoting twoblinkDislikedBecause it ups the %wins from 30% to close to 70%...
Naw.. in hindsight, it's all my fault..Ignored