Hi.

I am working on a set of systems that guarantee a certain proportion of successful forecasts. The idea is that knowing the number of times the system guesses correctly the next candle prices and how many times it fails, you know perfectly your risk. Knowing your risk, you can now establish a strategy based upon total profit and loss according to your take profit and stop loss levels.

So, here my question for those who are experienced traders, since I am more experienced on mathematics is:

For instance, working always on the

Do you think 75% of successful predictions is profitable, which is your average ratio and what is the profitability your systems based upon it and their timeframes?

Cheers.

I am working on a set of systems that guarantee a certain proportion of successful forecasts. The idea is that knowing the number of times the system guesses correctly the next candle prices and how many times it fails, you know perfectly your risk. Knowing your risk, you can now establish a strategy based upon total profit and loss according to your take profit and stop loss levels.

So, here my question for those who are experienced traders, since I am more experienced on mathematics is:

**which percentage of accuracy would you expect from a system to make it profitable?**For instance, working always on the

**Daily time frame**, for next day close prices, my first model gets around 75% of correct forecasts. For next day open price 87% of correct predictions. I have not been working yet on high and low (total daily price range) because those require more work around. So let's focus on next**day close price**.Do you think 75% of successful predictions is profitable, which is your average ratio and what is the profitability your systems based upon it and their timeframes?

Cheers.