- Search Forex Factory
- 36 Results
- XavierParisF replied Jun 8, 2015
Hellow everybody, I totally agree with Steve and Iamsovereign. I think I will also stick to my own methods, more discretionary and manual as ChicagoRob is doing also. I anyway have learned interesting ideas through some of your comments which will ...
- XavierParisF replied Jun 7, 2015
Excellent Steve, thanks for this backtest showing impressive results. If it's the same for other pairs, this is great. As a matter of fact, fractals do have some lag on the market (5 days), but this is a much shorter lag than other indicators. ...
- XavierParisF replied Jun 7, 2015
Hello Dimdel, I have run new backtests on the pairs I had already tested, but this time I have taken the trades only in the direction of the trend according to a 10 days SMA. Results are mixed. The losing pairs are now profitable, but winning pairs ...
- XavierParisF replied Jun 6, 2015
Hi Dimdel, The more I get familiar with this system, the more I think it must be traded with the trend (in synch - synchronization - with the market as most Professional traders say). This avoids a lot of false signals. A simple moving average could ...
- XavierParisF replied Jun 6, 2015
You are right, R/R ratio is important, but there is a slight subtlety that a lot of people miss: most R/R ratio are computed with actual gains and losses, not with virtual ones during a trade (I have seen very few books / articles on risk ...
- XavierParisF replied Jun 6, 2015
Next backtest: USDJPY The system does not like this pair!!! Results negative on the whole period. Always the large drawdown in February - April. file
- XavierParisF replied Jun 5, 2015
I am not surprized, I have the same kind of MAE (Maximum Adverse Exploration - notion a bit different from Drawdown, a MAE is during a trade, so it's a virtual loss, a DD is a cumulative real loss after the trades). If the MAE historical statistics ...
- XavierParisF replied Jun 5, 2015
Thanks Bob, That's pretty much the way I trade, with the trend, not against it (the trend is your friend), and discretionary (I am selective too). I am not a fan of trailing stop: I allow wide negative swings during a trade and I monitor the MAE ...
- XavierParisF replied Jun 4, 2015
Hi Bob, Are you trading the Daily Green/Red system on a systematic basis (each color changes with Dimdel rules) or are you selective in your trades? Do you use filters to trigger entries? Good evening Xavier
- XavierParisF replied Jun 4, 2015
Next backtest on a volatile pair: EURAUD. Oh la la, we have problems!!!!!!! My friends, we still have some hard work to improve the system and transform it in gold mine! Huge drawdown during 4 months, system not yet positive at the end of the ...
- XavierParisF replied Jun 4, 2015
Thanks Erebus. I don't trade this pair (spread is too large). I will check. I use the attached list to select volatile pairs. GBPNZD is not mentioned, but EURNZD is, and it is the second most volatile. file
- XavierParisF replied Jun 4, 2015
Oh la la Dimdel, your start breaking your rules!!! Remember what all successfull traders say: - discipline - persistence - consistency - patience - control emotions (good and bad) - trust in the system with its exisiting parameters (not changing ...
- XavierParisF replied Jun 4, 2015
Here is the next backtest, on the most volatile pair of Forex: GBPAUD. Results are not good. While they are positive, the system suffered a large and long drawdown. The Sharp ratio (risk assessment) is very poor and profit factor too low. Removing ...
- XavierParisF replied Jun 3, 2015
Next pair that I consider as difficult to trade: the "Loonie" (USDCAD). Backtest OK, rather like the "Cable" (GBPUSD). Same kind of remarks. Trying to remove the BE is a bad idea on this pair (net deterioration of results). See attached file. file
- XavierParisF replied Jun 3, 2015
Thanks Dimdel! Greece is the mother of our languages... I can read greek (but not speak it or understand it) just due to my maths education where all the greek alphabet is commonly used for the équations variables and symbols . About greek drama and ...
- XavierParisF replied Jun 3, 2015
Dear All, As promized, here is the detailed backtest on GBPUSD (see attached spreadsheet). I will do the EURUSD started by Khanridoi later on. Figures are slightly different than in my previous post 971 (I did it quickly) but still positive (795 ...
- XavierParisF replied Jun 3, 2015
Morning Dimdel, In principle yes you are right, we should not worry about such pullback within the Daily Green/Red system: such fluctuations are taken into account in the system, they are unavoidable, they already happened in the past and will ...
- XavierParisF replied Jun 3, 2015
Too bad for those who were long the cable (GBPUSD) this morning: 100 pips drop. The Daily Green/Red system triggered a long entry, so let's wait and see if a retracement happens. Just a few words about British statistics, like the PMI this morning: ...
- XavierParisF replied Jun 3, 2015
I trade quite the same list, with in addition EURAUD, and GBPAUD since these 2 ones (with GBPJPY) are the most volatile of the Forex Market, and volatility is really an help to a chartist/technical trader. The drawback is that spreads are higher. I ...
- XavierParisF replied Jun 3, 2015
Good Morning Mercante (what is your actual first name, I think that in this kink of post exchanges, it would be nicer to call each other by first name since after all we are forming a kind of community based on mutual help) I will prepare an Excel ...