well, I tryied those settings at three brokers and I didnt come close to your results. The best was 54.43 profit trades.
Enter The Dragon - GBP/JPY 2 replies
Info on the Borihei-Dragon Scalping System? 15 replies
Jiva's 5,5 Trade Journal 5 replies
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***Dragon II*** 15 replies
DislikedIs anyone trading this on a live account? or is this just all still in demo testing. Was considering putting it on micro account ..Ignored
DislikedIs anyone trading this on a live account? or is this just all still in demo testing. Was considering putting it on micro account ..Ignored
DislikedYou illustrated my point beautifully here Jiva. The only reason you made money on this trade was that your SL was further from your entry than your take profit level.
In fact the entry signal was pretty damn bad due to the fact that very quickly after you put the trade on it went significantly against you....in fact if you had been given a sell signal there we would have been thinking "damn that thing is good". But all's well that ends well and as I said playing the statistical game due to the stops being further away than the profit levels...Ignored
Dislikedwell, I tryied those settings at three brokers and I didnt come close to your results. The best was 54.43 profit trades.Ignored
DislikedExactly.
Make sure when you are looking at macd you are using a decent macd indicator and not Mt4's in built one.
See here for discussion
forexfactory.com/showthread.php?t=69409Ignored
DislikedQuestion: I am assuming that it is permissible in the "rules" to optimize for the longer time period back test for 50-50.
Only thing not allowed is trailing stop and profit and stops must be same value.
The actual values of the other settings are variables and can be optimized for the longer period backtest whereas the basic strategy remains the same as long as the stops and limits are of equal value and no trails.
Am I correct in assuming this?Ignored
DislikedThey aren't really "rules" more common sense I think. If you think about trying to gauge how accurate your entries are then you want your SL and TP to INITIALLY be the same distance from the entry price. Personally I do think it is fine if you want to add a stoplossflat variable that once the market moves towards your TP level you move your stop to the entry price (or entry price + a few pips profit if you prefer)as in this case you are moving the Stop closer to the entry rather than having it further away and if that makes your strategy have...Ignored
DislikedI understand what you say but I think if you could find a reason why the variables need to change over time (something like their relationship to atr for example) then you could build this logic into the ea so they are dynamically reacting to market conditions. If you see the only reason for them to change is because the optimization says so we are back to curve fitting on historical data that may be completely different in the coming week/month.Ignored