Hello
I have developed a system to goes mainly counter trading. About 70% of the entry failed. Du to my trade and money management , the 30% remaining return return fabulous return for the last 12 month.
Now, look good on paper, but depending on the time of the year that i would had started a live system, I may had end-up to loose nearly 70% of the capital.
So I'm looking for a way to reduce my false entry.
My system is base on band trading. I look for different setup that occur around a band. Signal is nearly always counter trading.
I'm looking for a pre-setup, indicator or a technique that would reduce the failing entry.
Already, I'm using RSI and ADX as filter. Nice as it reduce by 50% my entry and increased dramatiquely the return. Moving average as not ben selected as it is not applicable to my system.
Nice return, but still, I'm not confident enough because of the period where system would nearly put me out of the game
Just to say that accout started with 25K and initial risk: 250$.
This is not a scalping system
Cost per transaction :20$
Slippage: 2.5 pip calculated
Any input appreciated
I have developed a system to goes mainly counter trading. About 70% of the entry failed. Du to my trade and money management , the 30% remaining return return fabulous return for the last 12 month.
Now, look good on paper, but depending on the time of the year that i would had started a live system, I may had end-up to loose nearly 70% of the capital.
So I'm looking for a way to reduce my false entry.
My system is base on band trading. I look for different setup that occur around a band. Signal is nearly always counter trading.
I'm looking for a pre-setup, indicator or a technique that would reduce the failing entry.
Already, I'm using RSI and ADX as filter. Nice as it reduce by 50% my entry and increased dramatiquely the return. Moving average as not ben selected as it is not applicable to my system.
Nice return, but still, I'm not confident enough because of the period where system would nearly put me out of the game
Just to say that accout started with 25K and initial risk: 250$.
This is not a scalping system
Cost per transaction :20$
Slippage: 2.5 pip calculated
Any input appreciated