A few yrs ago Steven P added a custom indicator for use w/ the Type 2 strategy (his strategy #4). It seems to be a moving avg faster than 50 sma. Thus, he now favors using that more than relying on 50 sma. I use 20 ema which i got from Linda R yrs ...

I calculate a 46R max drawdown on a weekly basis. Understanding we r all different, would u use something smaller than R of 0.25%?

So for a long, you place the s/l 1R below a new pivot or swing low, and then don't move it up until another low is made? It seems as though that is significantly tighter than what you use up until +5R in profit.

How do you then trail a stop after moving it to b/e at +5R in profit?

60: i emailed you at the talktalk.net address. Not sure if that is still valid

It was int'g to see that in each case the win rate was about 1%-2% > the breakeven win rate. So the tests are saying 1) there is a difference when using different exit methods b/c the 5R test produced a bigger gain and lower DD using 3-bar trailer ...

I have heard it said that one could take any system, no matter how unprofitable, and make it profitable just by changing the money mgt. One look no further than FF's member Ronald Raygun, who, on his member profile, claims to be able to double his ...

I am on Walt's mailing list and received an email about a trader who took a system w/ little to no edge and by varying the exits turned an ever-so slightly profitable system into something much more than that. The takeaway was that it is not about ...

Where have you been all these yrs, 60? i read this book 25 yrs ago! I am watching your progress with this "Big R strategy" with interest. Keep up the great work

LO-Trader: Thank you for taking the time to point this out! California.

I was going to buy this Clenow book. An xlnt book using the same 12 month rate of change concept but w/ another wrinkle is Dual Momentum Investing. I have attached a backtest from DMI going back to 1971 w/ monthly results

Of course, thx

60 Are you able to upload your R level indicator?

Just in case you are not familiar with 60 - after seeing him take these losses in his test of 5-10R trades - i happened to see his trade explorer once back in 2012 or 2013. He did not offer to show me, i just happened to see it on his profile. At ...

Sir 60 Long time, no see! Do you still go to Thailand? It is always great to see your research. I was over on Walter's forum for a while and saw a bit of it. I cannot help but wonder how this MM approach would work with the Type 2 entry from ...

Try the indicator here: url

Am reverting back to the traditional s/l placement I've always used, which is below the signal candle and not below the nearest swing low which is further away from entry (for longs). When trading 1:1, this makes it significantly easier to hit 1R in ...

I might suggest @FerruFx, an FF member.

One of the two H12 candles closes at 2 a.m. so I won't use that TF.

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