Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
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Dislikedvery interesting methods, simple enough, but draw down is huge. will keep an eye, good job.Ignored
DislikedI have spend nearly the whole day running a manual backtest on EURUSD 1hr with my understanding of your strategy. I find a lot more trades than what you see merely looking at the charts - because of the way the zigzag redraw. I get around 2.1 trades per day, with a success rate way up at around 94.5% - running August because it was mainly a ranging month so I expected to see worst case. (many losses) Excellent strategy - now, to see if I can achieve roughly the same in forward testing.. Thanks again for your efforts.Ignored
Disliked{quote} please do explain to us how you got 94% win rate thanks Guys for the nice strategyIgnored
Disliked{quote} 1.) Take some EA and run it on strategy tester - visual mode. If you don't have a usuable EA, use mine attached. It does not trade - display some stuff on the screen (and have some other things I typically use but, as long as you don't change parameters, it is perfect for running visual backtests) 2.) Install the zigzag on the chart according to this strategy. 3.) Run the strategy tester, watch and draw lines whenever a trade is triggered (I also draw a horizontal line representing the SL) 4.) Run the tester till either the TP line or the...Ignored