How to optimize a Trading system So That win % or RR increase | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help to optimize this excellent system 3 replies

How do I optimize my system based on my manual backtest? 1 reply

EA idea - to optimize manual trading 3 replies

Optimizer won't optimize anything... 2 replies

How to optimize an EA? 0 replies

Attachments: How to optimize a Trading system So That win % or RR increase
Exit Attachments

How to optimize a Trading system So That win % or RR increase

  • Poll

  • Do you think manual trading is profitable in long run?
  •  
  •  
  •  
  •  
  •  
  • #1
  • First Post: Edited Oct 7, 2020 2:54am Oct 1, 2020 3:23pm | Edited Oct 7, 2020 2:54am
I have a trading system when market conditions are good it produces a 60% win rate @ 1 to 1RR.
when market conditions are not that good it produces around 50%+ with the rate with the same RR.
I have backtested this system manually I have found This trading system produces 55% to 56% with around 1 to 1RR.

On a real battlefield if we miss one or 2 trade the will rate many falls under the 50% mark. since it is a 1 to 1 RR system, it will start losing money.

I have tried so many indicators to improve this system unfortunately indicators make the system more complicated and could not increase the win rate rather reduce the win rate many times.
I could not increase RR because When RR increases system win rate reduces significantly.
if you have any suggestions please share I would be happy to learn from you.


Please try to understand, It is not a system giving thread.
In my early days Trading, I always think A good trading system makes me a better Trader and I will become successful. After collecting ideas and making a good trading system, when I started trading I have started to face a serious problem that is I don't follow my system. I switch one system to another again and again. I have developed a trading system that is published on many trading system websites. some of the websites make the system as they want to make that system more interesting actually they make my winning system a losing system by adding too many indicators.

I have faced another problem that is not consistently trading a one-time frame. sometimes I trade H4 chart some time I trade H1 chart, sometimes I trade a 5-minute chart some time even trade 1-minute chart.
In youtube or in Books so many traders say trade multiple timeframes no One says don't trade multiple time frame. In a lot of course, don't give enough knowledge to become successful. I did some paid courses, like the so-called price actions course, heikin ashi based trading course. Actually, nothing works for me. I have seen some many rubbish trading systems based thread are popular in this FF. Lots of good trading systems are available in this FF but no one wants to follow those systems.

If anyone needs a system they can find my old thread
1. Trading Made Profitable (TMP)
2. Trend Awesome System
3. Day trade setup
I have no intention to develop any more trading system since what's the point of developing a trading system if we can't make the best out of a system if we don't follow our trading system. The system is not a problem Problem is me trading irrationally.

How can we make the best out of a simple trading system?
How can we follow our system better so that we can win?
how can we manually trade successfully?
How to improve our mindset and how to stop revenge trading?
How to become consistent in trading?
I am interested to know those things from experienced and successful traders.
MA provides the market's current direction and strength.
  • #2
  • Oct 1, 2020 7:01pm Oct 1, 2020 7:01pm
I think you need to share the particulars of that system, sounds great to me

The first adjustment that I would make is increase the RRR to 1.1

Not much but enough to cover spread and or commissions to get ahead while wining and closer to breakeven while at the lower win rate.

Cheers

It takes a lot for me to IGNORE you, but you can try.
  • #3
  • Edited 6:22am Oct 2, 2020 6:02am | Edited 6:22am
Quoting Erebus
I think you need to share the particulars of that system, sounds great to me The first adjustment that I would make is increase the RRR to 1.1 Not much but enough to cover spread and or commissions to get ahead while wining and closer to breakeven while at the lower win rate. Cheers
Good suggestions Erebus
Thanks
MA provides the market's current direction and strength.
  • #4
  • Oct 2, 2020 9:45am Oct 2, 2020 9:45am
try trailing stops with no TP limitations, dont worry about WR.

try it on several years; several products. eventually you will need EA to run it

show the results
  • #5
  • Oct 2, 2020 10:01am Oct 2, 2020 10:01am
Have You tried 1:2 1:3 God forbid 1:5 ?

Just go ahead and try.
"Always be yourself " Batman
  • #6
  • Oct 2, 2020 9:33pm Oct 2, 2020 9:33pm
Quoting hasib
I have a trading system when market conditions are good it produces a 60% win rate @ 1 to 1RR. when market conditions are not that good it produces around 50% with the rate with the same RR. I have backtested this system manually I have found This trading system produces 55% to 56% with around 1 to 1RR. On a real battlefield if we miss one or 2 trade the will rate many falls under the 50% mark. since it is a 1 to 1 RR system, it will start losing money. I have tried so many indicators to improve this system unfortunately indicators make the system...
Hello,

Have you live forward tested yet? If not, then it is a moot point. Back testing, manual or otherwise, is used to demonstrate the viability of the trading system/style/methodology. Forward testing on DEMO is training you how to trade that particular style and to prove it works the same way you back tested in semi-live environment. Finally you must go live. Go live the smallest amount allowed. Usually 0.10¢ or your deposit currency equivalent.

- Ric
Be humble or get humbled
  • #7
  • Oct 4, 2020 3:34am Oct 4, 2020 3:34am
Quoting hasib
I have tried so many indicators to improve this system unfortunately indicators make the system more complicated and could not increase the win rate rather reduce the win rate many times. I could not increase RR because When RR increases system win rate reduces significantly. if you have any suggestions please share I would be happy to learn from you. Thanks
at most put 1 or 2 indicators on the price chart and 1 or 2 oscillators.
you have 60% win rate with 1:1 rr, have you try 1:1.5 rr? but do not go above that since performance will suffer.

from what i see, you are used to trading that way, therefore need not go to 1:2 rr and above.
using 1:1 or 1:1.5 rr, all you need is 1% to 1.5% gain each time/day.

trade only in london and new york sessions for the momentum.
one important thing to have is patience to wait for that one set up.
ITB - Seeing Orderliness amongst 'Randomness'
  • #8
  • Oct 4, 2020 5:07am Oct 4, 2020 5:07am
Quoting rdsl
Have You tried 1:2 1:3 God forbid 1:5 ? Just go ahead and try.
Thanks for your advice I will try it. I have a few problems when comes to trading, one of the problems is my psychology doesn't want to follow a trading system. I have seriously considered this is my problem. I have to overcome it by maintaining a Trading journal.
MA provides the market's current direction and strength.
  • #9
  • Oct 4, 2020 5:15am Oct 4, 2020 5:15am
Quoting 21vs7
try trailing stops with no TP limitations, dont worry about WR. try it on several years; several products. eventually you will need EA to run it show the results
I have never considered this idea before, Thanks for your inside. do you recommend any specific timeframe or do you have any detailed explanations on how I should do it for Better results?
I have found there are few successful traders they recommend trade only one or two pairs. I have also seen a few traders they trade almost 20 pairs including gold and US30 and they make a nice profit. what you think, what would be optimal from your viewpoint?
MA provides the market's current direction and strength.
  • #10
  • Oct 4, 2020 6:27am Oct 4, 2020 6:27am
Some people say the time frame is not a problem, all the time frames are the same all are market. I have tested the same strategy in 2-time frames, one time frame produces a 56% win rate with 1.2R. Another time frame produces only a 33% win rate with a 1R target. I did the 100 entry test. I am not a programmer so I test manually and I try to be as much as practically possible. with a small semple test I believe the trading time frame determines trading success.
MA provides the market's current direction and strength.
  • #11
  • Oct 5, 2020 1:52am Oct 5, 2020 1:52am
Quoting riclater211
{quote} Hello, Have you live forward tested yet? If not, then it is a moot point. Back testing, manual or otherwise, is used to demonstrate the viability of the trading system/style/methodology. Forward testing on DEMO is training you how to trade that particular style and to prove it works the same way you back tested in semi-live environment. Finally you must go live. Go live the smallest amount allowed. Usually 0.10¢ or your deposit currency equivalent. - Ric
Thanks for your advice
MA provides the market's current direction and strength.
  • #12
  • Oct 6, 2020 6:31am Oct 6, 2020 6:31am
Quoting hasib
Some people say the time frame is not a problem, all the time frames are the same all are market. I have tested the same strategy in 2-time frames, one time frame produces a 56% win rate with 1.2R. Another time frame produces only a 33% win rate with a 1R target. I did the 100 entry test. I am not a programmer so I test manually and I try to be as much as practically possible. with a small semple test I believe the trading time frame determines trading success.
yes.

https://www.penguinrandomhouse.com/b...icholas-taleb/
  • #13
  • Oct 6, 2020 1:00pm Oct 6, 2020 1:00pm
Quoting hasib
Some people say the time frame is not a problem, all the time frames are the same all are market. I have tested the same strategy in 2-time frames, one time frame produces a 56% win rate with 1.2R. Another time frame produces only a 33% win rate with a 1R target. I did the 100 entry test. I am not a programmer so I test manually and I try to be as much as practically possible. with a small semple test I believe the trading time frame determines trading success.
The problem of manual testing is that you see only good entries mostly. If you will run EA it will execute every trade and your winrate will not be 56%. About TF... personally I use only 1m tf. Higher TFs are impossible to have really big data to analyze. So I think if you will success on 1m you can run any tf.
Observer effect
  • #14
  • Oct 6, 2020 1:12pm Oct 6, 2020 1:12pm
It all depends on the particulars of the strategy. I have some that (to be consistently prof) have completely different attributes for sell and buy, some that only work on different TF, some only on specific days and even specific hours, some only on profit equity reach TP, and on and on and on ! It all depends on the particulars of the strategy. But you are giving us nothing to work on
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #15
  • Oct 7, 2020 2:38am Oct 7, 2020 2:38am
Please try to understand, It is not a system giving thread.
In my early days Trading, I always think A good trading system makes me a better Trader and I will become successful. After collecting ideas and making a good trading system, when I started trading I have started to face a serious problem that is I don't follow my system. I switch one system to another again and again. I have developed a trading system that is published on many trading system websites. some of the websites make the system as they want to make that system more interesting actually they make my winning system a losing system by adding too many indicators.

I have faced another problem that is not consistently trading a one-time frame. sometimes I trade H4 chart some time I trade H1 chart, sometimes I trade a 5-minute chart some time even trade 1-minute chart.
In youtube or in Books so many traders say trade multiple timeframes no One says don't trade multiple time frame, in lots, of course, don't give enough knowledge to become successful. I did some paid courses, like the so-called price actions course, heikin ashi based trading course. Actually, nothing works for me. I have seen some many rubbish trading systems based thread are popular in this FF. Lots of good trading systems are available in this FF but no one wants to follow those systems.

If anyone needs a system they can find my old thread
1. Trading Made Profitable (TMP)
2. Trend Awesome System

How can we make the best out of a simple trading system?
How can we follow our system better so that we can win?
how can we manually trade successfully?
How to improve our mindset and how to stop revenge trading?
How to become consistent in trading?
I am interested to know those things from experienced and successful traders.
MA provides the market's current direction and strength.
  • #16
  • Oct 7, 2020 3:09am Oct 7, 2020 3:09am
Quoting Inthebox
{quote} at most put 1 or 2 indicators on the price chart and 1 or 2 oscillators. you have 60% win rate with 1:1 rr, have you try 1:1.5 rr? but do not go above that since performance will suffer. from what i see, you are used to trading that way, therefore need not go to 1:2 rr and above. using 1:1 or 1:1.5 rr, all you need is 1% to 1.5% gain each time/day. trade only in london and new york sessions for the momentum. one important thing to have is patience to wait for that one set up.
Good suggestions. Thanks, Which time frame you suggest when comes to trade executions. Do you have any suggestions when the market started to reverse in the opening or middle of a session suddenly?
MA provides the market's current direction and strength.
  • #17
  • Oct 7, 2020 4:25am Oct 7, 2020 4:25am
Quoting hasib
{quote} Good suggestions. Thanks, Which time frame you suggest when comes to trade executions. Do you have any suggestions when the market started to reverse in the opening or middle of a session suddenly?
on time frame. you have to ask yourself what kind of trader are you?
scalp, intra day, swing, investing.

example.
for a scalper m5, m15 for 15 to 30 pips for gain of 1% trade.

what is shown in the m5 chart is support/resistance, trend line, session lines.
clearly it's a downtrend, price below previous day london and new york open.
i am looking to sell.
when london opened, i noted that price had closed above asia high.
however, above there is a confluence of resistance and trend line.
from there to a minor support zone, there is a picking of 15 - 30 pips for 1% gain.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-10-07_17-24-15.png Size: 41 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #18
  • Oct 7, 2020 7:18am Oct 7, 2020 7:18am
Quoting hasib
I have faced another problem that is not consistently trading a one-time frame. sometimes I trade H4 chart some time I trade H1 chart, sometimes I trade a 5-minute chart some time even trade 1-minute chart.
I want to be good at sports. Sometimes I swim. Sometimes I run. Boxing or karate on weekends. Chess every Wednesday.
Why I fail?
Observer effect
  • #19
  • Oct 7, 2020 7:21am Oct 7, 2020 7:21am
Quoting hasib
How can we make the best out of a simple trading system? How can we follow our system better so that we can win? how can we manually trade successfully? How to improve our mindset and how to stop revenge trading? How to become consistent in trading? I am interested to know those things from experienced and successful traders.
Trading is not simple and can't be simple.
To follow the system you must use algos.
You can't be successful trading manually.
To improve your mindset... you don't need to improve it. Use computers.
To become consistent use algos.
Observer effect
  • #20
  • Oct 7, 2020 9:33am Oct 7, 2020 9:33am
Quoting ryuryu
{quote} Trading is not simple and can't be simple. To follow the system you must use algos. You can't be successful trading manually. To improve your mindset... you don't need to improve it. Use computers. To become consistent use algos.
can You build my algo.
MA provides the market's current direction and strength.
0 traders viewing now