$4000 grew to $39,000 so far this year (2007) (about 54 trading days). Minimal drawdowns. Compounding used.
Impressive, yes. But more data needed.
The attached backtesting was done manually. Very, very tedious.
I don't know mql. Hence, this posting.
---
My system consists of common sense entry and exit rules. No curve fitting.
Wins half the time. Winners twice as big as losers.
Generates an average of 2 signals per day.
Uses a dynamic stop which is capped at 20 pips max.
Perhaps best of all, it should work fine in trending or range markets.
More testing will either prove or disprove that.
---
The possibilities are endless. Consider this:
The attached backtest results are on only 1 pair and 1 timeframe (EURUSD: 5 min).
I can see running this on 3 pairs X 3 time settings; 9 systems running at one time.
Total system drawdowns would diminish to near zero .
Might go years without a losing week.
This is possible with a small loss / high-frequency system.
---
Anyone want to code it?
If so, I have detailed screen prints with text on the pictures that make the rules crystal clear.
I'm working on the TradeStation code, but I'm slow.
And I'll need MetaTrader to automate trading with it anyway. Please correct me if I'm wrong on that.
I'm a seasoned trader, but green green green when it comes to MetaTrader.
Please contact me by private message to discuss.
---END
Impressive, yes. But more data needed.
The attached backtesting was done manually. Very, very tedious.
I don't know mql. Hence, this posting.
---
My system consists of common sense entry and exit rules. No curve fitting.
Wins half the time. Winners twice as big as losers.
Generates an average of 2 signals per day.
Uses a dynamic stop which is capped at 20 pips max.
Perhaps best of all, it should work fine in trending or range markets.
More testing will either prove or disprove that.
---
The possibilities are endless. Consider this:
The attached backtest results are on only 1 pair and 1 timeframe (EURUSD: 5 min).
I can see running this on 3 pairs X 3 time settings; 9 systems running at one time.
Total system drawdowns would diminish to near zero .
Might go years without a losing week.
This is possible with a small loss / high-frequency system.
---
Anyone want to code it?
If so, I have detailed screen prints with text on the pictures that make the rules crystal clear.
I'm working on the TradeStation code, but I'm slow.
And I'll need MetaTrader to automate trading with it anyway. Please correct me if I'm wrong on that.
I'm a seasoned trader, but green green green when it comes to MetaTrader.
Please contact me by private message to discuss.
---END
Attached File(s)
