Manual Backtesting Charts | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MT4 candle-by-candle manual backtesting 9 replies

Charts, Charts, Charts! 1 reply

Is it possible to shift all charts back to a certain time (for manual backtesting) 3 replies

manual backtesting problem 3 replies

Manual backtesting tips and advices 6 replies

Attachments: Manual Backtesting Charts
Exit Attachments

Manual Backtesting Charts

  • #21
  • Oct 1, 2006 2:49pm Oct 1, 2006 2:49pm
Bad signals? How many do you want. I thought I reported on this a couple of weeks back. You don't have to go far back just run your backtests on early September for USD/CHF, EUR/USD or well loads of other. The system works well in certain circumstances we need to be careful about what signals we take. I found more losing trades than winning ones. The winning ones can be very good though if you ignore little things like targets and stops.
This space intentionally left blank.
  • #22
  • Oct 1, 2006 2:53pm Oct 1, 2006 2:53pm
Quoting aha
Hi TwinChell,

I am not saying this is going to be successful, it's just something I like to try. The reason I wanted to optimize those parameters is because many trades in the backtesting were profitable in the beginning. They were stopped out because the TPs were too far for them. Also some trades should be a big winner but was stopped out just a few pips over the ST.

Thank you for wishing me luck, same to you too.
aha
I'm not putting you down at all, I think mechanically backtesting it is the only way of logically trading it live. If you can make it not only mechanical, but sucessful, more power to you. I encourage you, sorry my post read the other way around.
  • #23
  • Oct 1, 2006 3:15pm Oct 1, 2006 3:15pm
Quoting Horace Kent
Here's a spot to place charts of any MANUAL backtesting you've done. I'll kick it off with a trade in OCT. 2001 that was good for 292 pips...
This trade suppose to be failed....
because 2 reasons:

-close out of a position if you get a signal in the opposite direction.
-in stop loss Word file >>> when any trade is 40 pips in profit, it is strongly advised to change your stop to 10 pips profit

so suppose to stoppedout !
Charting Markets into the Future...MǎҖ€¥.
  • #24
  • Oct 1, 2006 3:33pm Oct 1, 2006 3:33pm
Quoting Uphios
Bad signals? How many do you want. I thought I reported on this a couple of weeks back. You don't have to go far back just run your backtests on early September for USD/CHF, EUR/USD or well loads of other. The system works well in certain circumstances we need to be careful about what signals we take. I found more losing trades than winning ones. The winning ones can be very good though if you ignore little things like targets and stops.
The ideea is to collect as many bad signals as we can. Maybe we can learn what's bad signal. Until mouteki will clarify a little bit more the method.
The trend isyour friend untilis about to end...
  • #25
  • Oct 1, 2006 3:35pm Oct 1, 2006 3:35pm
Quoting hans_gregor
The ideea is to collect as many bad signals as we can. Maybe we can learn what's bad signal. Until mouteki will clarify a little bit more the method.
maybe Motaki post another word file tell us how to filter this bad signals !
Charting Markets into the Future...MǎҖ€¥.
  • #26
  • Oct 1, 2006 3:41pm Oct 1, 2006 3:41pm
Quoting MaXeY
maybe Motaki post another word file tell us how to filter this bad signals !
Although this would be absolutely great, I doubt it will happen. In the Mouteki movie thread Mono explains it well:

Quoting mono
That part needs work, also need to work on the selective entry rules, Mouteki does not enter every time. And he cant reveal that information for contractual reasons. We need to learn and work it out ourselves
Therefore, I highly doubt we will get his full method if this is the case.
  • #27
  • Oct 1, 2006 3:43pm Oct 1, 2006 3:43pm
hello guys

sharing my thoughts about preventing wrong signals
here u should draw the trend line on three (3) points , not only 2

i hope the piccy is clearing the idea out
best regards

http://img502.imageshack.us/img502/7568/egyptco6.png
  • #28
  • Oct 1, 2006 3:55pm Oct 1, 2006 3:55pm
Quoting samyadly
hello guys

sharing my thoughts about preventing wrong signals
here u should draw the trend line on three (3) points , not only 2

i hope the piccy is clearing the idea out
best regards



http://img502.imageshack.us/img502/7568/egyptco6.png
Are you saying only take trades where 3 points of support or resistance form a supply or demand line? Have you tested this? I wonder how many trades this would filter out.
  • #29
  • Oct 1, 2006 3:58pm Oct 1, 2006 3:58pm
Quoting nutmg12
Are you saying only take trades where 3 points of support or resistance form a supply or demand line? Have you tested this? I wonder how many trades this would filter out.
hello nutmg

this method was strictly tested , it will get u out of any false signal , u can backtest it as i guarantee u wont get any whipsaws

best regards
  • #30
  • Oct 1, 2006 4:01pm Oct 1, 2006 4:01pm
Quoting samyadly
hello guys

sharing my thoughts about preventing wrong signals
here u should draw the trend line on three (3) points , not only 2

i hope the piccy is clearing the idea out
best regards
منورنا يابو سامى
Charting Markets into the Future...MǎҖ€¥.
  • #31
  • Oct 1, 2006 4:07pm Oct 1, 2006 4:07pm
Quoting MaXeY
منورنا يابو سامى
شكرا حبيبي منور باصحابه


a good method here
  • #32
  • Oct 1, 2006 4:26pm Oct 1, 2006 4:26pm
Quoting samyadly
شكرا حبيبي منور باصحابه


a good method here
Gooooogle translator:
Thank you darling Munawar Basahabh

The trend isyour friend untilis about to end...
  • #33
  • Oct 1, 2006 9:12pm Oct 1, 2006 9:12pm
Hi all,

Running another manual backtest, and have a question...

Where would you say is the highest high above the demand line? 1, 2, 3, or another point?

As many answers as possible please.
Attached Image
  • #34
  • Oct 1, 2006 9:14pm Oct 1, 2006 9:14pm
Is extending a trendline into the past even permissable???

Once we get a consensus, I'll continue with the backtest, and post the result of the trade here. I have no idea what it is, I just chose the date at random. I've been doing that just to see what I'll get.
Attached Image
  • #35
  • Edited 9:16pm Oct 1, 2006 9:15pm | Edited 9:16pm
Quoting Horace Kent
Hi all,

Running another manual backtest, and have a question...

Where would you say is the highest high above the demand line? 1, 2, 3, or another point?

As many answers as possible please.
The demand line you have then it is is #3.

EDIT: Wait, first time I read your message the line started just below 3. Where does your trendline start first?
  • #36
  • Oct 1, 2006 9:16pm Oct 1, 2006 9:16pm
I would say #2. If you take into account #1, then in theory, you should take into account ANY high, even those months back. Just my opinion, but I havn't read much of the Mouteki stuff.
  • #37
  • Oct 1, 2006 9:20pm Oct 1, 2006 9:20pm
Quoting Horace Kent
...I just chose the date at random. I've been doing that just to see what I'll get.
If I were you and was giving any serious thought to trading this system live, I would open up a spreadsheet and put every trade since 2004 on file. Put all your entries, stops, take profits all down. I'd be interested to see the average pip take per trade for a few hundred trades.
  • #38
  • Oct 1, 2006 9:20pm Oct 1, 2006 9:20pm
Quoting llambert3
The demand line you have then it is is #3.

EDIT: Wait, first time I read your message the line started just below 3. Where does your trendline start first?
Ah ha, you tricked me. You posted two charts. I thought I was going crazy. In your first post, #3 is definitely the highest high. When backtesting, go back in time and ignore the recent activity. You can't do what you've done in your second chart, so to speak. At least, that is how I backtest. I scroll my chart to the left as if I don't know what is going to happen and draw lines.
  • #39
  • Oct 1, 2006 9:23pm Oct 1, 2006 9:23pm
Alright, so there seems to be consensus on point #3 as the correct line. That's what I thought too. Gimme a sec to run that test now.
  • #40
  • Oct 1, 2006 9:25pm Oct 1, 2006 9:25pm
Quoting Horace Kent
Alright, so there seems to be consensus on point #3 as the correct line. That's what I thought too. Gimme a sec to run that test now.
Actually I was the only one that said #3, so unless you thought so too, then where did you get a consensus? Just making sure you knew those several posts were mine..
0 traders viewing now