once this bank holiday is over and the week progresses i will be able to show my live trades and hopefully be easier to convey
Crazy,
That's great!...I have been reading and checking this method out and I like how it fits my style. I have also looked at higher time frames (no backtesting) and it seems to work also..less whipsaws. I guess is up to each individual's personality, mm, etc.
By the way... thank you Cryten for your generosity.
That's great!...I have been reading and checking this method out and I like how it fits my style. I have also looked at higher time frames (no backtesting) and it seems to work also..less whipsaws. I guess is up to each individual's personality, mm, etc.
By the way... thank you Cryten for your generosity.
Unus pro omnibus, omnes pro uno
Hmmm… This is so amazing, it’s getting to be scary.
I just finished backtesting the 5 mins. Now, since VT wouldn’t go as far back on the 5 mins as with the 15 mins (I’ll get the hang of those zooms at some point), in order to compare apples to apples (or in this case, pips to pips), I took out the first 6 trades (or a few hours worth of trades) for the 15 mins (total of 5,406$) which leaves us with 16 trades totalling 6,001$ for last week, with one trade still open.
Take a deep breath. The 5 mins are even better (is that possible, I was fine with the above ratio
). The 5 mins render a total of 44 trades for a total of 11,900$ 
(so we can infer that if I could have backtested those first few hours which I had originally included in the 15 mins, this figure would be even higher -> frightening:surprised )
My figures are in USD$. So for people in Britain, for instance (I believe it’s Cryten’s case), they can just doubly smile.
Not the holy grail, but HOLY CRAPOLY, pretty much as close as you get... at least in my (modest) experience.
Alright, this was backtesting. And we need to understand that ALL the trades were included. In real life, we need to sleep (and tend to other earthly matters) so it isn’t possible to trade ALL THE TIME.
But still, I’m quite impressed. It’s not even hard, it’s not even complicted (dot = go) a five year old could take care of it.
Now (not that this really needs much improvements!) I’ll try to integrate the other elements of cryten’s system and see what I get and I’ll come back with the results.
Note to self : do I really need to get better results than this?
I just finished backtesting the 5 mins. Now, since VT wouldn’t go as far back on the 5 mins as with the 15 mins (I’ll get the hang of those zooms at some point), in order to compare apples to apples (or in this case, pips to pips), I took out the first 6 trades (or a few hours worth of trades) for the 15 mins (total of 5,406$) which leaves us with 16 trades totalling 6,001$ for last week, with one trade still open.
Take a deep breath. The 5 mins are even better (is that possible, I was fine with the above ratio
). The 5 mins render a total of 44 trades for a total of 11,900$ (so we can infer that if I could have backtested those first few hours which I had originally included in the 15 mins, this figure would be even higher -> frightening:surprised )My figures are in USD$. So for people in Britain, for instance (I believe it’s Cryten’s case), they can just doubly smile.
Not the holy grail, but HOLY CRAPOLY, pretty much as close as you get... at least in my (modest) experience.
Alright, this was backtesting. And we need to understand that ALL the trades were included. In real life, we need to sleep (and tend to other earthly matters) so it isn’t possible to trade ALL THE TIME.
But still, I’m quite impressed. It’s not even hard, it’s not even complicted (dot = go) a five year old could take care of it.
Now (not that this really needs much improvements!) I’ll try to integrate the other elements of cryten’s system and see what I get and I’ll come back with the results.
Note to self : do I really need to get better results than this?
- #95
- Edited 10:26am Aug 27, 2007 10:01am | Edited 10:26am
- Joined Apr 2006 | Status: Trader | 4,301 Posts
Hmmm… This is so amazing, it’s getting to be scary.
I just finished backtesting the 5 mins. Now, since VT wouldn’t go as far back on the 5 mins as with the 15 mins (I’ll get the hang of those zooms at some point), in order to compare apples to apples (or in this case, pips to pips), I took out the first 6 trades (or a few hours worth of trades) for the 15 mins (total of 5,406$) which leaves us with 16 trades totalling 6,001$ for last week, with one trade still open.
Take a deep breath. The 5 mins are even better (is that possible, I was fine with the above ratio
My figures are in USD$. So for people in Britain, for instance (I believe it’s Cryten’s case), they can just doubly smile.
Not the holy grail, but HOLY CRAPOLY, pretty much as close as you get... at least in my (modest) experience.
Alright, this was backtesting. And we need to understand that ALL the trades were included. In real life, we need to sleep (and tend to other earthly matters) so it isn’t possible to trade ALL THE TIME.
But still, I’m quite impressed. It’s not even hard, it’s not even complicted (dot = go) a five year old could take care of it.
Now (not that this really needs much improvements!) I’ll try to integrate the other elements of cryten’s system and see what I get and I’ll come back with the results.
Note to self : do I really need to get better results than this?
For backtesting you need a set of purely mechanical rules.
Can you outline the ones you used?
Thanks a million.
- #98
- Aug 27, 2007 10:12am Aug 27, 2007 10:12am
Hmmm… This is so amazing, it’s getting to be scary.
I just finished backtesting the 5 mins. Now, since VT wouldn’t go as far back on the 5 mins as with the 15 mins (I’ll get the hang of those zooms at some point), in order to compare apples to apples (or in this case, pips to pips), I took out the first 6 trades (or a few hours worth of trades) for the 15 mins (total of 5,406$) which leaves us with 16 trades totalling 6,001$ for last week, with one trade still open.
Take a deep breath. The 5 mins are even better (is that possible, I was fine with the above ratio
My figures are in USD$. So for people in Britain, for instance (I believe it’s Cryten’s case), they can just doubly smile.
Not the holy grail, but HOLY CRAPOLY, pretty much as close as you get... at least in my (modest) experience.
Alright, this was backtesting. And we need to understand that ALL the trades were included. In real life, we need to sleep (and tend to other earthly matters) so it isn’t possible to trade ALL THE TIME.
But still, I’m quite impressed. It’s not even hard, it’s not even complicted (dot = go) a five year old could take care of it.
Now (not that this really needs much improvements!) I’ll try to integrate the other elements of cryten’s system and see what I get and I’ll come back with the results.
Note to self : do I really need to get better results than this?
Hopefully we can get some more of that action once the big guys come back from their summer hols..
- #99
- Aug 27, 2007 10:14am Aug 27, 2007 10:14am
Crazy,
That's great!...I have been reading and checking this method out and I like how it fits my style. I have also looked at higher time frames (no backtesting) and it seems to work also..less whipsaws. I guess is up to each individual's personality, mm, etc.
By the way... thank you Cryten for your generosity.