no one interested on this anymore?
I will go live when the minimum distance feature between 2MA will be added.
Hi There, Question. Is there a system that uses the previous days high and low as the indicator to place 2 trades ?
*I'm trying to figure out what SL is used in this system.
Other options including Hard Stop are also available.
The EA was provided for testing different options.
I have no idea of what the settings do!
I am trying to figure out the best settings for M15 to M30.
Don't waste your time.
best settings is on 1h
Anybody still trading this system with success? Would be nice to see some forward testing.
All the best!
Hi I used this strategy as a test for my new EA, fxRulesEngine, software (for MT4) as part of final testing for release. The software processes rules and instructions in a text file enabling non-programmers to back test or forward test (and run live) plans like this. My version tested as profitable ($10,000 demo account) on the EURUSD from Jan to Oct 2016 but with only a few signals (results attached). For the record my rules were configured for daily trades:
So it looks a profitable, although, conservative trading plan. A trader may be able to safely increase the risk% to 5% with little draw down. Obviously more testing would be needed.
Is anyone still working on this?
I have been testing the exit strategy for this system and have been getting good results.
I was wondering if anyone was keen to throw some ideas around.
I have made my own test …
Based of original Sis.yphus rules using only close of candles as levels of opening and closing positions, spread and gaps included to testing, no swap calculated…
ADUJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURCHF, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Daily time frame
Multiply entries - max 3 per pair
Basic capital of 10000 USD
Simulation for 0,1 L position
Simulation for 0,3 L position
Simulation for 0,3 L position and increasing/decreasing position by 0,01 L every 1000 USD of increase or decrease of equity
Time: 01.01.2013 to 31.12.2017 … five years
First of all thanking you for such a wonderful work, I have been forward testing TWOMA ONE RSI EA. It is observed that the second simultaneous trade is a loss in most of the time , How can the second order can be restricted? for example a SELL trade, RSI was above 70 line during first SELL trade, then it crosses below 70 line, the first trade closes in profit, after few bars RSI return back and crosses above the 70 line creates another SELL trade and in most cases the trade is big loss. is there any chance, can we restrict second immediate same direction trade if not RSI move to oversold area(crosses below 30 line) and return back?
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