Longbar,
Here are results of M15 & H1, trading % Risk and exit2.
18 pair traded to reduce the high yen correlation of the original 10 pair.
Highlights:
487 trades but only covers about 36 hrs Thursday -Friday close, too short to draw many conclusions. Will test more next week.
All accounts were:
$25,000 starting balance,
%Risk and traded Exit2.
FXCM Liquidity demo servers, ECN feed.
M15 (2% Risk) original MrEd ( 113 trades, 31% win rate) and Opposite signal (176 trades, 21% win rate) were both steady losers, with the Opposite signal entry finally losing slightly more. Both lost about 50+% of original balance.
No time/day or atr optimization applied. I suspect an ATR minimum of 10+ may help.
H1 (3% Risk, min ATR=10) was more interesting. No time/day optimization applied.
Original MrEd entry produced loss of $8,187 (-33% ROI for 36 hours) on 112 closed/open trades, winning 31% of closed trades.
Reverse signal entry produced profit of $11,488 (46% ROI for 36 hours) on 86 closed/open trades, winning 59% of closed trades. During the Asian/Frankfurt open session the win rate was higher.
I'm anxious to test the effect of turning off the close and reverse function when the HAS color changes. I think it may improve results.
Would also like to see ATR and ratio% written to Comment field so we can test for any correlation to profitability.
If anyone can tell me how to upload the MT4 reports I'd be happy to post them so you can see individual trades and all stats.
JR
Here are results of M15 & H1, trading % Risk and exit2.
18 pair traded to reduce the high yen correlation of the original 10 pair.
Highlights:
487 trades but only covers about 36 hrs Thursday -Friday close, too short to draw many conclusions. Will test more next week.
All accounts were:
$25,000 starting balance,
%Risk and traded Exit2.
FXCM Liquidity demo servers, ECN feed.
M15 (2% Risk) original MrEd ( 113 trades, 31% win rate) and Opposite signal (176 trades, 21% win rate) were both steady losers, with the Opposite signal entry finally losing slightly more. Both lost about 50+% of original balance.
No time/day or atr optimization applied. I suspect an ATR minimum of 10+ may help.
H1 (3% Risk, min ATR=10) was more interesting. No time/day optimization applied.
Original MrEd entry produced loss of $8,187 (-33% ROI for 36 hours) on 112 closed/open trades, winning 31% of closed trades.
Reverse signal entry produced profit of $11,488 (46% ROI for 36 hours) on 86 closed/open trades, winning 59% of closed trades. During the Asian/Frankfurt open session the win rate was higher.
I'm anxious to test the effect of turning off the close and reverse function when the HAS color changes. I think it may improve results.
Would also like to see ATR and ratio% written to Comment field so we can test for any correlation to profitability.
If anyone can tell me how to upload the MT4 reports I'd be happy to post them so you can see individual trades and all stats.
JR