help needed for better average trade.

Hi all,

I'm programming my trading system. It wins 7.300 pips trading two standard eur/dollar lots, in about 1.050 trades (1 trade = 1 buy and 1 sell).

So the average trade is about 7 pips, and is not too much. Can you help me to find a filter to not trade in some specific days?

many Thanks

Tell us what is your system,and maybe someone can help you!
Every EA can have some kind of filter "probably"

It is difficult to say right out when you should or shouldn't trade. You have to run your EA back through time and gather statistics. Keep track of which days loose more. Run it back over at least 6 months to a year. That should give you a fair sampling of almost every market condition.

Then you can readily see which days are more productive in your system and which days you should probably NOT trade.

a good idea is to maybe not trade on fridays before the market close. that way, if you still have a trade in, the gap after the open wont mess you up. you could be up 20 pips on friday, and then the pair gaps down fifty pips, now youre down 30. see?

I do my counts in excel, not with meta. And since I'm not a software programmer I do my tests by calculating by hands!

Anyway, my sistems is a breakout system: I look for an inside bar and I go long or short to the breakeven with two contracts. The first one is closed to a standard profit, the secondo one is in trailing stop. If the stop loss is taken I take the stop e reverse.

That's all!

I'm looking for some filter (volatily, wins-loss or so on) that take me off the market. Less trades, maybe less total amount of pips, but higher average trade and profit factor.

Can you tell me more about the filter of probabbility?