DislikedYeah, it really is showing that the only edge that comes again and again is the trend.
But trading a system like that is no easy unless the trader proved the concept to himself.Ignored
Glad too see some other traders using MA's
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DislikedYeah, it really is showing that the only edge that comes again and again is the trend.
But trading a system like that is no easy unless the trader proved the concept to himself.Ignored
DislikedYeah, it really is showing that the only edge that comes again and again is the trend.
But trading a system like that is no easy unless the trader proved the concept to himself.Ignored
DislikedMy personal opionion. Any edge exploits a trend one way or the other. You need direction (trend) to be on your side to have win pips > losing pips. So a profitable system rides a trend - whatever that is.
This system looks like a kind of mean reversion system? Although even mean reversion systems exploit a trend - the price travelling back to the mean. Just a thought.Ignored
DislikedWhat get's me is why this is. It's not enough to just know that a system works, I need to know why it works as that makes it so much easier to follow it and trust in it.Ignored
DislikedLemmings run the market........
They are driven hither and yon by the winds of the news.........Ignored
DislikedHello Soso,
I tested your suggestion to remove the trend filter....Ignored
DislikedHow can you show this system with metatrader mt4, moving averages
you could have 2 day ma hl /2 or something but i am not clearIgnored
DislikedDo you believe that these lemmings that run the market and create more volatility than randomness would generate effect smaller markets more than larger ones? For example, would the 'lemming' effect be increased as the market's liquidity decreased? Or is it a case of lemmings preferring to play some markets and not others regardless of their size?Ignored
Well, back-testing will only get you so far... Sooner or later you've got to bite the bullet and do some forward testing, with demo if need be but even that will only get you so far too. Eventually it's gotta be tested with real money. That's what I've done, although only with microlots
Yesterday's USD/CHF highs and lows were 0.97554 and 0.96608
The Day Before Yesterday's highs and lows were 0.97836 and 0.96595.
Late last night I set a go long at 0.96601 (yesterday's low + the day before yesterday's low)/2.
I have a profit target of 0.97695 (yesterday's high + the day before yesterday's high)/2. I will adjust the profit target if it's not hit tonight. An order is of course set to go short when the longs profit target is hit as I'm trading the 'always in the market' version of this system without a trend filter.
DislikedThe results for the last decade (beginning of 2000 to end of 2010) are pretty good. With no stop-losses the results are -
EUR/USD. 553 trades, 71.25% are winners. Pips won to pips lost ratio 1.50 to 1.
GBP/USD. 562 trades, 66.37% are winners. Pips won to pips lost ratio 1.24 to 1.
USD/JPY. 496 trades, 65.93% are winners. Pips won to pips lost ratio 1.33 to 1.
USD/CHF. 593 trades, 70.66% are winners. Pips won to pips lost ratio 1.64 to 1.
[font=Verdana]USD/CAD....Ignored
DislikedNow with the advent of computers and million dollar programs the markets seem to quickly return to the median. Hope I explained this right .Ignored
DislikedNo, but can you see a 70% win rate with 1.5r being feasible? I can't.Ignored
DislikedNo, but can you see a 70% win rate with 1.5r being feasible? I can't.Ignored