DislikedOK JustUncleL - bring it on! I am all set up (other than activating the TS which I will do after market open) for the Market Basket v individual pairs challenge. I have included a $350 basket SL - just picked that figure out of a hat really, nothing scientific about it. Sticking with the 150 / 100 EL and the DB ADR 0.5 TP & 0.3 SL {image} {image}Ignored
- #3,842
- Mar 29, 2019 8:47pm Mar 29, 2019 8:47pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Some results for Friday, quite a few got caught in the BRexit stuff...
- #3,846
- Edited 10:29am Mar 30, 2019 10:15am | Edited 10:29am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here are some examples of just using the swing entry and exit as stated before.
To do this you should only use very small lot size and set maximum trades greater than 28 the default.
Also it should be left to run 24/7 and it is going to have draw down periods, so if the profit looks good you can always exit and take your money to the bank, you don't have to stay in. LOL
I also do manual add on trades.
I am not showing the swing signals in these screen shots as they do repaint so could have been different than what they would show now.
Remember: You can set the TS to alert you and then you can make the final decision to take the trade or not.
This one was in DD when everything was closed down but if left until next week could turn around, this is the kind of DD you may get due to the repainting of the swing signal. You could use the alert mode and then you make the final decision if you should take the trade.
Here is one that went into DD when opened and the swing signal repainted and added to the DD but it turned around and the add to trades helped it to recover faster from the DD than it would have with out the add to trades. This is why you keep your lot size small unless you have a large account size and if you use add ons you need to set max trades to more than 28 as it is very easy to get 50 trades open.
To do this you should only use very small lot size and set maximum trades greater than 28 the default.
Also it should be left to run 24/7 and it is going to have draw down periods, so if the profit looks good you can always exit and take your money to the bank, you don't have to stay in. LOL
I also do manual add on trades.
I am not showing the swing signals in these screen shots as they do repaint so could have been different than what they would show now.
Remember: You can set the TS to alert you and then you can make the final decision to take the trade or not.
This one was in DD when everything was closed down but if left until next week could turn around, this is the kind of DD you may get due to the repainting of the swing signal. You could use the alert mode and then you make the final decision if you should take the trade.
Here is one that went into DD when opened and the swing signal repainted and added to the DD but it turned around and the add to trades helped it to recover faster from the DD than it would have with out the add to trades. This is why you keep your lot size small unless you have a large account size and if you use add ons you need to set max trades to more than 28 as it is very easy to get 50 trades open.
- #3,848
- Mar 30, 2019 10:41am Mar 30, 2019 10:41am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here are a few more from another test.
- #3,851
- Mar 30, 2019 10:59am Mar 30, 2019 10:59am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
{quote} Thanks a lot Gene so we should perhaps have Add To Trade set and increase max trades to 100 pending account/lot size with no Basket SL for now. All the best
Big gains are possible using swing and add but DD can also be big, its up to the trader how to play it.
- #3,853
- Edited 11:52am Mar 31, 2019 11:10am | Edited 11:52am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
- #3,854
- Apr 1, 2019 3:57pm Apr 1, 2019 3:57pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Results for Monday, changed my EL to multiple stops (50/25, 75/40, 100/80) to see if that holds up better:
For my All Pairs testing I'm using "Go at Profit" instead of "Stop after 1" this week, may need to also close on time a bit before NY open I think.
I also tried Swing setup by itself, but it did not work out too well, I'll change the setup for tomorrows run.
For my All Pairs testing I'm using "Go at Profit" instead of "Stop after 1" this week, may need to also close on time a bit before NY open I think.
I also tried Swing setup by itself, but it did not work out too well, I'll change the setup for tomorrows run.
- #3,855
- Apr 1, 2019 4:31pm Apr 1, 2019 4:31pm
My setup closed 6 baskets during Monday's trade - 3 winners and 3 losers. Given that the winners are set to close with EL 150 / 100 and the losers at a straight 350.
Not a great start but we'll plod on
Not a great start but we'll plod on
- #3,856
- Apr 1, 2019 10:37pm Apr 1, 2019 10:37pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Closed my first 500 pip basket for the week, will reset and let it go again.
Using just the swing as shown previously with manual add to trades.
I forgot to reset the graph so it does not show the close.
Using just the swing as shown previously with manual add to trades.
I forgot to reset the graph so it does not show the close.
- #3,860
- Edited 8:49pm Apr 2, 2019 8:38pm | Edited 8:49pm
Dear Gene and traders.
This is some result of last week.
If I had used Basket EL, could I have caught that green tower?
So far, I have set up a dashboard and earned $124 for 0.01lot.
I'm glad to see the green pip every week.
Sometimes it is broken, but I am looking forward to seeing a new recovery.
I'll keep up the results.
Best Regards.
Last Week
New Start This week On going
This is some result of last week.
If I had used Basket EL, could I have caught that green tower?
So far, I have set up a dashboard and earned $124 for 0.01lot.
I'm glad to see the green pip every week.
Sometimes it is broken, but I am looking forward to seeing a new recovery.
I'll keep up the results.
Best Regards.
Last Week
New Start This week On going