A new gem discovered using the TZ and probability theories presented here.
This one focuses more on longer term trends & requires minimum followup + it has set Stop Losses.
I have managed to manually back-test each and every trade on the eur/usd chart for the period ranging from Jan 2010 till September 2014.
I will do my best to backtest further into the history, and include other pairs also.
The stats so far:
Total Number of Trades : 137
Long Trades: 68 of which 28 are profitable
Short Trades: 69 of which 30 are profitable
As you may have noticed, this system is different from the other one when in comes to the % of winning trades.
However, what is interesting is that despite the fact that the winners are less than the losers, the total amount of pips that this system has generated is 3,100 pips for the above mentioned period (i.e. the average value of a winning trade is much higher than that of a losing one).
This one focuses more on longer term trends & requires minimum followup + it has set Stop Losses.
I have managed to manually back-test each and every trade on the eur/usd chart for the period ranging from Jan 2010 till September 2014.
I will do my best to backtest further into the history, and include other pairs also.
The stats so far:
Total Number of Trades : 137
Long Trades: 68 of which 28 are profitable
Short Trades: 69 of which 30 are profitable
As you may have noticed, this system is different from the other one when in comes to the % of winning trades.
However, what is interesting is that despite the fact that the winners are less than the losers, the total amount of pips that this system has generated is 3,100 pips for the above mentioned period (i.e. the average value of a winning trade is much higher than that of a losing one).
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