Aha I can post the results no problem but I was actually hoping you guys could right some sort of code to backtest many years... is this possible?
Calendar as Fundamental Source at Forex Factory 14 replies
Forex Factory Store 0 replies
Journal Factory posters - how much money are you making? 17 replies
Newbie Factory Journal 12 replies
Quoting MicardoDislikedOK I will have all of that info for you by the end of the weekend.... Is that ok?
So I will provide you with:
Summary Results for each system
Specification for each system as wellIgnored
Quoting MicardoDislikedThank you very much AHA......
No we don't need it to be private.... Were a community here :-).
At the end of tha day if these variations work long term then it will be a nice gift that we can give to the FF community :-)Ignored
Quoting ahaDislikedMan, 100 pips SL and 8-24 pips profit will get you no where. That means you will have to win about 4-11 times more than loss to break even. I would maintain a healthy 1:2-3 risk return ratio.Ignored
Quoting hohDislikedAha,
I understand what you meant by healthy ratio. I too took this money monagement seriously when searching for systems for months until two months ago. On August, I started to try LBT and got 100% winning rate for three weeks for my live micro account. I'd learnt from this framework that if I prepared my money management strategy based on winning rate such as 60%-80% (20%-40% bad trades,) I always must keep 1:2-3 RR ratio. But when my mindset was right and expected only good trades, my mindset could tolerate 1-5 fold of potential drawdown from target and left enough room for market to swing back to my original target. This gave me 100% winning rate.
In my TD-Combo's two months backtest, about 20%-40% of the trades were not closed right after opening. There were about 1-5 trades (short and/or long) were opened and closed before above trades hitted their original target.
My conclusion is there is no holy grail (100% winning rate) in this world and maximum winning rate will be 80% if I keep my 1:2-3 RR ratio.
I'm not saying that this is for everyone especially new traders. What I mean is if one's mindset is well prepared, he/she can choose strategy of either 50% winning rate with 1:3 RR ratio, or 99% winning rate with 5:1 RR ratio.
Yesterday I took a quick manual backtest for TD-Seq's complete countdown for 1-min chart for last three days. The target was same as 5-min and there were 7-14 valid countdowns per day. The result was 99% winning rate for 5:1 RR ratio and 50%-70% for 1:1 RR ratio. The 1% losing trade was because one trade's 8pips target was hitted but not 16pips target, after a 50pips potential drawback. So practical cut lost was about 20-30pips for this trade if it was traded real-time. Practical reward was 5 (average trades for half day) x 11pips (average target price after spread deduction) x 3 days = 165pips.
TD-Combo's complete countdown was too few (about 1 per 1-2 days) for me to test.
Hoh
P.S. In case you are curious about my LBT trades, I temporarily holds it for pure LBT application. I'm now searching one indicator/price pattern to combine with LBT because my mindset was not ready when I raised my trade size 30 folds of my initial 100% winning rate live test. (This was my serious mistake but I'd learnt that my mindset was not ready for this big of trade size.)Ignored
Quoting hans_gregorDislikedi found 2 versions for TDREI. But i did not test it or verify the code to comply with Demark instructionsIgnored
Quoting MicardoDislikedThank you very much AHA......
No we don't need it to be private.... Were a community here :-).
At the end of tha day if these variations work long term then it will be a nice gift that we can give to the FF community :-)Ignored
Quoting phoenixDislikedaha. your Pinbar AHA 0.2.mq4 doesn't seem to work for USD/CAD pair on the daily chart.
it's very weird, but it works on the weekly and monthly charts, but not on the daily charts.
it doesn't show the pinbar or I4B indicators on the daily chart.
phoenixIgnored
Quoting MicardoDislikedHey aha,
Here are the results for the first 2 systems.... I am just finalising the specs for these 2 and I will post here hopefully by tonight :-)
What do you think???
Strategy 1 Results Summary for September and October
39 Trades
26 Wins
13 Loss
Total P/L: +928 pips for the two months.
Strategy 2 Results Summary for September and October
64 Trades
40 Wins
24 Loss
Total P/L: +2006 pips for the two months.Ignored
Quoting clam61Dislikedhas anyone heard of the Big Ben method? Has anyone made an EA for it?Ignored
Quoting MicardoDislikedOK guys here they are..... the first 2 strategies.... Is it possible to do the back testing over years before you write the EA please?
Could you guys post the results here please once you have them.
Thanks people I really appreciate your help!!!
How long do you think it will take by the way?Ignored
Quoting traderlismissDislikedI have been following this thread since the beginning and just want to make a comment.
I want to thank Aha, Phoenix and everyone for all the hard work and then sharing the results. It is rare to follow a thread where the guys posting on the first page are still working and posting on the last. You all have set a model here by which others could learn. Please continue to improve on this ea. I have been trading the mouteki system for a few months and believe this ea can be a great one.
Great work everyone
Thanks
PS: I would help forward or back test if you need more help.Ignored