Sorry for the confusion everyone: On post #1189 I mentioned that I had back-tested the original system for 59 weeks and it gave negative results.
This is because I was testing the wrong rules. I didn't have the orders being replaced throughout the week as they get stopped out. I also was not adjusting the orders to be AT Friday's close but 25 pips away.
So I fixed my program, re-tested it and...IT IS PROFITABLE, yay!
Since I have this in a program...I can easily and quickly test slight modifications to the rules to see if there is room for some improvement.
For example: The suggestion I made earler, to use Monday's close as the straddle price...I found out that it does NOT improve the system. So stick with Friday's close.
Once again, sorry if I cause any confusion.
-mathematician
This is because I was testing the wrong rules. I didn't have the orders being replaced throughout the week as they get stopped out. I also was not adjusting the orders to be AT Friday's close but 25 pips away.
So I fixed my program, re-tested it and...IT IS PROFITABLE, yay!
Since I have this in a program...I can easily and quickly test slight modifications to the rules to see if there is room for some improvement.
For example: The suggestion I made earler, to use Monday's close as the straddle price...I found out that it does NOT improve the system. So stick with Friday's close.
Once again, sorry if I cause any confusion.
-mathematician