{quote} Hello Fagin. Thanks, not fully understand your stats but that’s ok. I do count stats on the BillyBar but in a different way. I can share my stats for every day of the 2020 if interested, i have some excel sheet for it. I found out the average first break to hit +5 is 50-70%, if the first break fails the second break is likely to hit +5 for 70-80% and if the second break failed the third opposite break is likely to hit +5 for about 95% of times. The retraces however once triggered in a trade is 13-15 Points on average, so if you do risk to...
As for systematic you have realised that you need an additional plan to compliment this set up. It doesn't work in insolation.
You'll probably end up going down a few rabbit holes, just don't leave too many ĢĢ to your broker along the way...
EDIT: not to mention the money management element which is crucial, there are loads of posts on it in the thread and it is a personal preference to what you do. Be warned... Get it wrong and the animal is let out of the cage..
. Sometimes it takes 2 or 3 weeks, but invariably they are hit.. it's just getting the entry that's the run part.
... blame the phone keyboard!
