One question: How many times do you re-enter? On a slow week (holidays?) the market could move near the previous week's close a lot. Do you take this in to consideration?

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DislikedOne question: How many times do you re-enter? On a slow week (holidays?) the market could move near the previous week's close a lot. Do you take this in to consideration?Ignored
DislikedSorry, had to change the formula in eur/jpy. now it should work.
ErkroIgnored
Disliked1) If you get stopped out on both positions (long and short) - Do you stay out until next week and start new again?
2) If Long triggered and move the short order to last week's close price
vise versa for other side... question: How long do you keep the other side of pending orders? Until end of the week?Ignored
Disliked1 - as far as I know, you do enter the third time, but I'm not sure where. (at first, original entry?) I remember this question was already asked before and i don't remember if answered.
2 - that was my understanding, yes, till end of the week.
MarioIgnored
DislikedHi TKimble,
Thank you for posting your system and your results.
Your system has risen to the top of my pile to backtest
However, like some other members here, I’ve been unable to duplicate your backtest results.
You haven’t had a chance yet to answer Ironball’s queries here
http://www.forexfactory.com/showpost...8&postcount=51
Drayco, lwoo034 and eek also report similarly to unable to replicate your results based on the rules as given.
My own backtesting shows a similar pattern to Ironball’s and I also cannot explain the trade for week 27th August.
Ironball + 135
Firehorse +139
TKimble +241
I’ve posted a picture illustrating the trade from my data. It is an hourly chart.
Trade is taken at 1.8920 and exit at 1.9059 = +139
Can clarify if the results were actual trades or backtests?
If they were backtests then what timeframe did you look at to do the back testing e.g. hourly, 15min, 5 min etc. ?
Also which data source/broker are you using for your backtesting?
I would be really interested in the trades which resulted in +241 for the week 27th Aug 06.
Best regards
AlanIgnored
Disliked
Drayco, lwoo034 and eek also report similarly to unable to replicate your results based on the rules as given.
My own backtesting shows a similar pattern to Ironball’s and I also cannot explain the trade for week 27th August.
Ironball + 135
Firehorse +139
TKimble +241
Ignored
DislikedHey,
Seems a little to easy but I am running it on a demo. I did some back testing and it worked ok but we shall see.
For purity, I will not change anything. I will follow to a T.
Thanks for your input-Ignored
DislikedI had last Friday's GBPUSD closed at 1.9580.
Placed a Buy Stop at +50 Pips above Fri Close @ 1.9630 (with 30 pips stop loss)
Placed a a Sell Stop at -50 @ 1.9530 (with 30 pip stop loss).
Long trigged today @ 1.9630. Currently up slightly.
Moved Sell Stop order to Friday's close of 1.9580 (with 30 pip stop loss).
Keep it simple!
DFosterIgnored
DislikedI had last Friday's GBPUSD closed at 1.9580.
Placed a Buy Stop at +50 Pips above Fri Close @ 1.9630 (with 30 pips stop loss)
Placed a a Sell Stop at -50 @ 1.9530 (with 30 pip stop loss).
Long trigged today @ 1.9630. Currently up slightly.
Moved Sell Stop order to Friday's close of 1.9580 (with 30 pip stop loss).
Keep it simple!
DFosterIgnored
DislikedTo avoid confusion is their a WEBSITE we can go go to get the Actual Weekly Close for the GBP/USD, instead of looking on different broker charts, that seem all different? (I tried but could not find a website).Ignored