Williams%R, SAR X-over 15 minute candles | Page 323 | Forex Factory

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Williams%R, SAR X-over 15 minute candles

  • #6,441
  • Dec 6, 2024 5:36am Dec 6, 2024 5:36am
NFP EURUSD 15m Squeeze
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  • #6,442
  • Dec 6, 2024 9:18am Dec 6, 2024 9:18am
Quoting kalimac1
I'm wondering which plan is better. Could you please help me decide? Thank you very much. {image}
how long a period for so many trades? How much is cost of trading, commissions etc.? what is risk reward?
  • #6,443
  • Dec 6, 2024 9:22am Dec 6, 2024 9:22am
Not real strong PA again but not messy which makes it tradeable. 4 small wins and 3 solid wins. Everyone have a nice weekend.
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  • #6,444
  • Dec 6, 2024 10:01am Dec 6, 2024 10:01am
Dow Futures 5 Min TF

It getting close to partying time..

Masterfull MM and no MindFuck is 90% of this business, +127
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  • #6,445
  • Dec 6, 2024 3:38pm Dec 6, 2024 3:38pm
Quoting kalimac1
I'm wondering which plan is better. Could you please help me decide? Thank you very much. {image}
What’s the profit factor and max. Draw down of each test.
Trading thin liquidity at the boundary of the charts
  • #6,446
  • Dec 7, 2024 2:52am Dec 7, 2024 2:52am
Quoting rockypoint
{quote} how long a period for so many trades? How much is cost of trading, commissions etc.? what is risk reward?
This is the backtest result over 3.5 years. Fees and taxes have already been deducted (approximately 5 pips per contract)
Quoting RickM
{quote} What’s the profit factor and max. Draw down of each test.
I got a bit confused when converting from points to pips.
I have added the Profit Factor and Max Drawdown of each test to the attached data table.
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  • #6,447
  • Dec 7, 2024 10:59am Dec 7, 2024 10:59am
Quoting kalimac1
{quote} This is the backtest result over 3.5 years. Fees and taxes have already been deducted (approximately 5 pips per contract) {quote} I got a bit confused when converting from points to pips. I have added the Profit Factor and Max Drawdown of each test to the attached data table. {image}
Well both seem to have tested very well. Plan A probably more aggressive than Plan B judging by number of trades. Smaller profit factors and winning % on Plan A, but very little difference. I think either seems to work well, choosing what's best would depend on your mind frame and what you are most comfortable using.
If I were choosing probably Plan B, because I think I would be able to tweak for my use easier. I've found over the years it's easier to tweak more conservative systems than more aggressive ones. I honestly don't think I've ever used a system "as is" since I've gotten consistently profitable, I always tweak them for my comfort level.
May I ask what the systems are? If you'd rather not say that's fine.
  • #6,448
  • Dec 7, 2024 11:03am Dec 7, 2024 11:03am
Be interested in what RickM has to say.
  • #6,449
  • Edited 5:56pm Dec 7, 2024 5:45pm | Edited 5:56pm
Quoting rockypoint
{quote} Well both seem to have tested very well. Plan A probably more aggressive than Plan B judging by number of trades. Smaller profit factors and winning % on Plan A, but very little difference. I think either seems to work well, choosing what's best would depend on your mind frame and what you are most comfortable using. If I were choosing probably Plan B, because I think I would be able to tweak for my use easier. I've found over the years it's easier to tweak more conservative systems than more aggressive ones. I honestly don't think I've...
I am using your old trading system: Renko HA candle
Renko bricks: 10-pip size
EMA High/Low 6
MACD: Smooth 4
I set a fixed stop loss at 20 pips and exit the trade when the PSAR (default settings) reverses direction.
Thank you for your advice.
  • #6,450
  • Dec 7, 2024 6:08pm Dec 7, 2024 6:08pm
Quoting rockypoint
Be interested in what RickM has to say.
Hi Rocky

I spend years testing and running EA's up to 2021 and I found out the data used for backtesting is not the same data that actually occurred. I ran some tests with a EA buddy who was a retired scientist and we concluded they alter the the data just enough to create false backtesting results unfortunately. For example on a real live chart, EURUSD may take out a new H1 high and reverse - but on backtesting data the H1 high stopped just before the high so the backtesting data was almost worthless.

But as a general rule, any backtest that provided results with a max. drawdown of 10% (turned out to be always 20% or more in reality) was worth trading, but any backtest run that showed max. drawdowns of 20% or more would always blow up in your face.

Therefore on backtesting, bin the EA if it shows a drawdown of more than 10% in testing.

The truth in why I stopped Algorithm trading and went back to the manual chart (with aid of trade manager) was the hours spend developing a EA that made any money at all was the equivalent of 2000 hours in computer testing time.


Honestly one 4 contract trade on the DOW when it runs makes more money than a month of Algo trading ever will.
A couple of years ago, I was talking to Driven and he was telling me about a EA he was testing that show fantastic returns - incredible test results.

Yet here he is showing brilliant DOW trades taken with a click of a mouse, NO ALGO'S USED
I rest my case
Trading thin liquidity at the boundary of the charts
  • #6,451
  • Dec 7, 2024 6:25pm Dec 7, 2024 6:25pm
Quoting driven18
Dow Futures 5 Min TF It getting close to partying time.. Masterfull MM and no MindFuck is 90% of this business, +127
I'm curious as to why you don't post the time and price scale when you post your charts?
Life itself is a privilege, but to live life to the fullest is a choice
  • #6,452
  • Edited 8:19am Dec 8, 2024 5:03am | Edited 8:19am
Quoting vidvad
{quote} I'm curious as to why you don't post the time and price scale when you post your charts?
I am beginning to like your writings on that other thread, it is the only reason I am responding back to this question.

I do post that it is Dow Futures 5 Min TF. You can easily open chart of 5 Min Dow Futures on Ninja and see where I am. Let me repost above chart with time and price scale.

Next time if I decide to post, just for you, I will display time and price scale to satisfy your curiosity. However, once again, you missed the point.

My charts and postings are not about the trades, they are about much more important things, MM and MindfFuck.
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  • #6,453
  • Dec 8, 2024 5:27am Dec 8, 2024 5:27am
Quoting RickM
{quote} Hi Rocky I spend years testing and running EA's up to 2021 and I found out the data used for backtesting is not the same data that actually occurred. I ran some tests with a EA buddy who was a retired scientist and we concluded they alter the the data just enough to create false backtesting results unfortunately. For example on a real live chart, EURUSD may take out a new H1 high and reverse - but on backtesting data the H1 high stopped just before the high so the backtesting data was almost worthless. But as a general rule, any backtest...
Weeeeeeell...Ok, Ok, you almost got me here.
  • #6,454
  • Dec 8, 2024 8:44am Dec 8, 2024 8:44am
Quoting driven18
{quote} once again, you missed the point. My charts and postings are not about the trades, they are about much more important things, MM and MindfFuck.
I do understand. However, in addition to money management and staying the mental course, I am still interested in the nuts and bolts of using graphs to identify trading opportunities, especially those that differ from my own. This post of yours showing the actual graph with both relevant axes is your best yet. Thanks for sharing it.
Life itself is a privilege, but to live life to the fullest is a choice
  • #6,455
  • Dec 9, 2024 4:22am Dec 9, 2024 4:22am
Hi everyone, hi rockypoint,

I only recently found this thread (i know, only 4 years late to the party :-) and wanted to ask about the original strategy of W% and ParSar, what happened to it?!

I tried reading through the whole thread but it just seems pointless trying to find the one page where the original strategy was scrapped (?).

Also, rockypoint, what is your go-to strategy currently, if it's not too big a secret?

Thank you!
  • #6,456
  • Edited 8:03am Dec 9, 2024 7:52am | Edited 8:03am
Quoting vidvad
{quote} I'm curious as to why you don't post the time and price scale when you post your charts?
Here you Go! Dow Futures 5 Min TF, + 100
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  • #6,457
  • Dec 9, 2024 9:02am Dec 9, 2024 9:02am
First day with nice PA in awhile. Trade I had open closed for a small loss. Have another open see what happens, but this is the last one.
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  • #6,458
  • Dec 9, 2024 9:14am Dec 9, 2024 9:14am
out for B/E on last trade. Once I had 8 ticks profit moved stop to B/E because I knew i was pressing a little, Good day all in all.
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  • #6,459
  • Dec 9, 2024 9:26am Dec 9, 2024 9:26am
Quoting MrReRaise82
Hi everyone, hi rockypoint, I only recently found this thread (i know, only 4 years late to the party :-) and wanted to ask about the original strategy of W% and ParSar, what happened to it?! I tried reading through the whole thread but it just seems pointless trying to find the one page where the original strategy was scrapped (?). Also, rockypoint, what is your go-to strategy currently, if it's not too big a secret? Thank you!
Pointing to an exact time I dropped the original strategy, would be when I stopped posting charts using it. No secret what I'm using is on the charts i currently post. As for the why's simply my mindset trading. I started thread after a long hiatus from trading while my wife and I travelled. Came back to it after the pandemic changed everyone's lives. Originally wanted something a little slower and systems evolved as I got used to a faster pace of trading.
  • #6,460
  • Dec 9, 2024 9:33am Dec 9, 2024 9:33am
Quoting rockypoint
{quote} Pointing to an exact time I dropped the original strategy, would be when I stopped posting charts using it. No secret what I'm using is on the charts i currently post. As for the why's simply my mindset trading. I started thread after a long hiatus from trading while my wife and I travelled. Came back to it after the pandemic changed everyone's lives. Originally wanted something a little slower and systems evolved as I got used to a faster pace of trading.
Okay, I see, thank you for the reply.
Am I getting your strategy right: 1min HA candles and 10 period Bollinger. I can't figure out the RSI indicator's red line, is that some sort of MA plotted? I see you are using ADX's 25 line as a filter (?)

Are you entering short when RSI crosses down, ADX is above 25 (?) and candle closes below BB middle line?
And vice versa I guess for longs?
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