Updates using DB HM Filter. These are all still running, the H4 basket hasn't opened yet.
Just the opposite swings as exits.
Just the opposite swings as exits.
- #3,507
- Feb 6, 2019 5:26pm Feb 6, 2019 5:26pm
My 28 pair basket closed out due to opposite signal (which I had actually forgotten about) in significant DD.
It has since taken a short basket which has also just closed due to an opposite signal however it captured about $600 in profit.
Whilst this account is still alive I will let it run and see if it recovers.
Good lesson for all traders that martingale type systems will bite you on the the bum eventually.
If you are lucky to have a number of closing trades (baskets) go your way and you withdraw the profits each week then you may be able to survive.
On the other hand, you could be unlucky enough that your very first basket with martingale will blow your account but that is the risk you take.
Attachment g
- #3,510
- Feb 6, 2019 9:11pm Feb 6, 2019 9:11pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Just missed out on HASv1 today, just short of the 100pip target, maybe the the target is to far now, I'll drop it back to the original 80pips when I started testing.
As you can see it went past 80pips twice before spiking the Basket SL
As you can see it went past 80pips twice before spiking the Basket SL
Hi Everyone,
My basket from yesterday, hit myn$100 SL using 0.5Lot Size. Maybe needed a larger SL. Been watching and feeling that the HM is the way to go as a filter. Seems to be that the counter marker bias are the ones that fail. I see Gene is doing some testing on this front this week.
My basket from yesterday, hit myn$100 SL using 0.5Lot Size. Maybe needed a larger SL. Been watching and feeling that the HM is the way to go as a filter. Seems to be that the counter marker bias are the ones that fail. I see Gene is doing some testing on this front this week.
- #3,515
- Feb 7, 2019 9:22am Feb 7, 2019 9:22am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here is my H1 Market Basket this morning using HM H1 filter.
One thing that is interesting is you can see the big pull back the entire basket took but because the HM had picked only certain pairs for the basket the real money pull back was not that bad and it did recover.
I put the red lines on the chart last night and as you can see it pulled back to the bottom one.
These were drawn connecting the last 2 top swing points and the last 2 bottom swing points at the time, the bottom swing point has since moved to its new low point. It will be interesting to see if the PA hits the top line, maybe a good place for a TP target to be placed, just below the top red line.
In this image I have added a TP and also a TSL.
One thing that is interesting is you can see the big pull back the entire basket took but because the HM had picked only certain pairs for the basket the real money pull back was not that bad and it did recover.
I put the red lines on the chart last night and as you can see it pulled back to the bottom one.
These were drawn connecting the last 2 top swing points and the last 2 bottom swing points at the time, the bottom swing point has since moved to its new low point. It will be interesting to see if the PA hits the top line, maybe a good place for a TP target to be placed, just below the top red line.
In this image I have added a TP and also a TSL.
- #3,516
- Feb 7, 2019 10:54am Feb 7, 2019 10:54am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Trade closed out and because I didn't have close after one set it has opened another basket in same direction.
Will let it run and see what it does.
Will let it run and see what it does.
- #3,517
- Feb 7, 2019 12:28pm Feb 7, 2019 12:28pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Well, looks like we hit another TP while I was at lunch and made a couple more bucks.
Looks like we may have reached a new turning point, will see if the swing agrees and if so may be in a short trade later today.
Looks like we may have reached a new turning point, will see if the swing agrees and if so may be in a short trade later today.