Building a Freedom All Time Return:
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DislikedHello, First thanks for the post! Sorry for the question but, how are we backtesting this? as ZigZag repaints in manual backtesting all entries seems correct and the indicator (1,2,3) appears when ZigZag is drawn if I'm not wrong. Regards, JimmIgnored
DislikedHi Kelvin. Need some help understanding UJ H4 chart from post #9. Your MacD criteria for buy is: FILTER FOR BUY @ X3 MACD Value must be > Signal In this example, that criteria is clearly met. However the post begins with you saying "Some examples where x1, x2, x3 failed But trades would have been avoided using MACD" It seems to me that I'm not completely understanding your criteria. Please help me to comprehend what's going on in this chart. Value is a positive number 0.0003 while Signal is a negative number -.00868 Thanks, Darryl {image}Ignored
Disliked{quote} Ya that image falls into the failed setup even with macd. i meant there are some cases were all the conditions are met and still it fails.. that usdjpy 4hr belongs to that category. Criteria for buy still is FILTER FOR BUY @ X3 MACD Value must be > SignalIgnored
Disliked{quote} Wow this is very impressive. Making an E.A should be the next step to backtest and forward test.Ignored
Disliked{quote} Yes...I don't use EAs but this is so simple to test that it would be nice to see if it pans out over longer times. If anyone is interested the EA should simply take every signal (after close of #3 bar, no MACD or any other indicators) and put a stoploss above/below #1 bar. The trade(s) will be closed at the opposite signal where we would set a new trade in that direction...so on and so on. Kelvin please add or tell me to delete this post as this is your thread and these are not your initial rules. Here are the results from some pairs from...Ignored
Disliked{quote} Yes...I don't use EAs but this is so simple to test that it would be nice to see if it pans out over longer times. If anyone is interested the EA should simply take every signal (after close of #3 bar, no MACD or any other indicators) and put a stoploss above/below #1 bar. The trade(s) will be closed at the opposite signal where we would set a new trade in that direction...so on and so on. Kelvin please add or tell me to delete this post as this is your thread and these are not your initial rules. Here are the results from some pairs from...Ignored
Disliked{quote} Chris, I notice that some of the signals occur when the #3 close is actually "in the cloud" as opposed to being above or below it. What was your decision on those?Ignored