DislikedDim,
No offense, but this is your first post on Forex Factory. For me to even be interested in looking at your idea, you'll need to at least provide some concrete results of your backtesting. Saying "these may be more profitable" doesn't really help anybody. Let's see your numbers.Ignored
You don't have to consider or try out my ideas if you don't want to - wouldn't bother me one bit. I was throwing ideas out there for others to maybe try.
My results aren't concrete and are more or less estimates. Take the totals with a grain of salt, and don't quote me on them. I was just trying to look at the big picture.
GbpUsd (weekly) 2003-2008
- Original rules: +341
- Using AvgHiLo+/-Atr3 as bands: +2307
GbpUsd(daily) 2006-2007
- Original rules: -118
- Using AvgHiLo+/-Atr3 as bands: +1742
- Using AvgHiLo+/-Atr3 as bands, and 1 bar slope change as signal: +2618
The bad thing about using these bands, the get hit less often and are subject to bigger losses.
I started testing EurUsd, the results were about the same for the original rules and my suggestions - and they weren't that great - struggled to show a profit in the long run. I stopped backtesting for now as I don't have the time.