That is a test for just one pair, so I can't really make any conclusions. I plan to test a few pairs each from all 5 groups and then see what I can learn.
Riding the order flow
Trend Manager Trading System 153 replies
trading system opposite to trend 1 reply
DislikedAs opposed to what you can earn?Ignored
DislikedWhat to look for starting Monday is your new monthly pivot line. Here is the nzd/chf and its new monthly pivot line (black#2) compared with the old monthly pivot (red#1). price which had been below the line last month (yellow area) is now right there at the line. If price breaks this line then we stay will sell(grey area), HOWEVER if price bounces here and starts going up we will also go with the new UT (green area). Also compare with the new weekly line when it comes out on Monday. This will be the key to your new trading week and month....Ignored
DislikedI'm now re-short AUDUSD, AUDJPY, GBPJPY, CHFJPY, CADJPY, EURUSD & NZDUSD all targeting the Weekly S1.Ignored
Dislikedabaout the day trend
and about the day trend
DislikedHere is a test of a group 1 pair AUDUSD! Rules of backtest is here, http://www.forexfactory.com/showthre...92#post5723692
The good thing I notice about this system after 2 backtest is that it copes well with ranging markets. It is around breakeven in my books during the ranging period. I encourage anyone here to do some back test so that we can verify each others results. I will try to make time to do one more pair latter.
Oh and another thing I notice is, from the last 2 backtest it seems that holding on to trades until...Ignored
DislikedDid you consider range trading during the range periods? That's a totally different trade then the commonplace trend trades we've been using at the moment.Ignored