I have been studying your “Variations of based strategy with active trade management” from your post 1805, but don’t understand the next rules,
- 5) Close trade @end of the week if target TP / SL not reach & 11) No trade on the last 3 candle for the week
- 6) Continue to place as (2) if initial set of trade SL on the next candle
- 10) Half SL when price move > 75% of 1X TP
Please could you explain them?
Regards
DislikedHi Guys,
First of all, thank you Ace for a great system and all for contributing to a great thread. I'm new to FF and just getting started with Forex trading. I've done some manual backtesting for the pass 2 1/2 years from 2007 to now. I've also perform some simple analysis, which I like to contribute to all follow traders.
Here are the summary below:2009: 5,028 pips so far
However based on my analysis, if apply some variations to trade managements such as:
2008: 4,135 pips
2007: 4,215 pips
[list=1][*]Move SL to BE + 20...Ignored