DislikedJust one thing I need u to correct me if i am wrong, I use the HI/Low of the CLOSING of 18:00GMT & 2:00GMT candle, is that right?
thats what I used on the backtest.
BKIgnored
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DislikedJust one thing I need u to correct me if i am wrong, I use the HI/Low of the CLOSING of 18:00GMT & 2:00GMT candle, is that right?
thats what I used on the backtest.
BKIgnored
DislikedAre we to adjust for the DST? just trying to make sure i got this right. Ive scanned through this entire thread and its the timeframe to identify the high and low that seems to be the common confusion. I am west coast USA. Are the times shown above still accurate? I mean no changes?
Thank you
HenylocIgnored
DislikedHas it ever happened that both the buy and sell stops were triggered and both stopped out?? My sell stop just triggered...now I am skeered!Ignored
DislikedJust one thing I need u to correct me if i am wrong, I use the HI/Low of the CLOSING of 18:00GMT & 2:00GMT candle, is that right?
thats what I used on the backtest.
BKIgnored
DislikedNot sure why your sell stop got triggered. it didn't go 50 pips up after triggering sell number!Ignored
Disliked"Sell stop" was the order that got him into the short.
He didn't mean he got stopped out of the short.Ignored
Dislikedoh! I see. From the message I simply misunderstood.
Thanks a lot billbss.
I just wanted ask you this while at it. Do we see a rationale for this technique to work consistently. For example why not take 16 hours to 00 hours Do you see a specific logic in picking this particular time window. Or is it just a statistical finding from historic backtest.
Sorry if I bother you too much. just curios. IF this is what it is, literally there is no reason for look into any other techniques. What is your thought
Thanks much
TradeStarIgnored
DislikedCould you repeat the start and end of the box, stop and target for G/U, are the rules the same as G/J, that is max 2 stops and 1 target allowed?
Thanks in advance.Ignored
DislikedYou find the HI/LO from 2200 until 0600 GMT.
For hourly bars, that would take in the 2200 through the 0500 bar.
The rules are exactly the same as this system.
PT=40
SL=20
It has made +40 pips the last two nights, but they were squeakers. Both days, price came within 1 or 2 pips of stopping out before it turned and went the right way
Nicotina keeps a running tally of it's results over at his forum.
http://www.forexinvestimentos.com/fo...pic,498.0.htmlIgnored
Hi there
First, I would like to thank Nicotina for this simple system & Billbass for helping out. I have visual backtested this system from Nov 1st, 2006 until Oct 31st, 2007 with considering the followings:
- Using Nicotina's parameters.
- Using manual Trailing Stop +55 to break even, then move it to +10 after 65 pips.
- I used the Highs/Lows of the closing candle of 18:00GMT & 2:00GMT.
The result is attached below.
Looks pretty good !!!!!
DislikedHi there
First, I would like to thank Nicotina for this simple system & Billbass for helping out. I have visual backtested this system from Nov 1st, 2006 until Oct 31st, 2007 with considering the followings:
- Using Nicotina's parameters.
- Using manual Trailing Stop +55 to break even, then move it to +10 after 65 pips.
- I used the Highs/Lows of the closing candle of 18:00GMT & 2:00GMT.
The result is attached below.
Looks pretty good !!!!!Ignored