I have changed v3 by adding another fractal test and it gives much better results.
In v3 we used 9SMA to determine the trend and used an M15 fractal to confirm.
In v5 I have the same trend determination but I wait for an M5 fractal to find an entry point.
This has also enabled me to reduce the stoploss slightly (from 165 to 140) and increase the first order TP & TSL to 22.
Overall the number of losing trades has been reduced considerable.
Here are the two charts for comparison, the first is v3 and the second is v5.
In v3 we used 9SMA to determine the trend and used an M15 fractal to confirm.
In v5 I have the same trend determination but I wait for an M5 fractal to find an entry point.
This has also enabled me to reduce the stoploss slightly (from 165 to 140) and increase the first order TP & TSL to 22.
Overall the number of losing trades has been reduced considerable.
Here are the two charts for comparison, the first is v3 and the second is v5.