{quote} Good Day All, Here are today's Cycle Trader results closed a little earlier than usual mostly by EL applied later in trade: 1) H4 1/2/3/0 RSI 1440/4/1/ 2) H1 1/0 SMA200 GBP 3) H1 1/0 SMA200 EUR 4) H1 1/0 SMA200 28 Pairs 5) H1 1/2/1 SMA200 28 Pairs I believe our H4 setup continues to perform well but still in need of more stats to define optimum Basket SL position. Also for H1 setups starting to see a marked improvement in DD and EQ using selection of typically correlated pairs (AUD/GBP/EUR/JPY) instead of 28 Pairs. Question remains which...
Looks nice Gene - will check out the video a bit later. Some nice results there fairtraderuk and JustUncleL! Over the weekend I changed my setup to better reflect how I would trade it live. I have dropped the opening lot size down to 0.01 and the EL to 50 / 25. All other parameters are the same as previous results. About the only thing I would change would be the account size down to probably 5k or so. Couldn't do that with this demo - I can only add funds which I did previously to keep it alive. Looking to get around $100 a week which would be...
{quote} Hi, I have been taking a similar approach and trading my demo like a live account. I have increased the start lot to 0.03 but fairly conservative EL/TP Settings to try and consistently grab 1-2 baskets each day. Looking forward to testing the new setup as I'm currently using RSI for daily filter. Little unsure why my first basket didn't close with higher profit with the EL settings as they are. Highest was $70 so should have been around $45 profit. Basket 1 {image} Basket 2 {image}
{quote} That actually lines up with what I have been observing, but non-analytical manner. That is if you have lot size 0.1 and EL of 250/125, then you need a SL set to 750 to cover the majority of DD cases with the CycleV4 TS. So in you case that equates to EL 125/65 and SL 375, with the expectation that we get a few EL runs. The last few days have generated some quite large DD, which would probably have whipped out any small account without a SL, this happened the last time I used a Marty style system on my live account. So I'm going to think...
looks like:{quote} Interested to see how often the 50/25 can be reached, that's equivalent to 500/250 pips, the setup you had before used EL 250/125pips. Look forward to further results.
{quote} Yes you are probably right - I started with 250 / 125 with 0.1 lots, then changed it to 125 / 75 with 0.05 lots so probably should set it to 25 / 12.5 with 0.01 lot which would still take advantage of spikes. Food for thought. Yesterday's basket did not close in profit for the second time in a week. Mostly due to that pesky GBPJPY, which is also giving me grief in a live account. I will let it go for another 24 hours to see if it rights itself - if not I will have to do some intervening. {image}
