DislikedAlthough I've been trading live with success I have done some backtesting today. In 2010 there were 8 signals on eurusd. I have used the strategy tester on the hourly for the days after the daily signal and just taken the first trade and held it until the 100 sma is breached.
The first signal was on the 15/1/10. This I couldn't test because my hourly data doesn't go back that far but the daily suggests it would have been a small win.
18/3/10 +188 pips
5/4/10 -19 pips
16/4/10 +169 pips
3/5/10 +291 pips
26/8/10 No valid hourly trade before the...Ignored
Swing trading with heiken ashi and stochs
- #1,663
- Jun 10, 2012 4:10pm Jun 10, 2012 4:10pm
- | Commercial User | Joined May 2011 | 3,012 Posts
Big gaps on eurgbp and eurcad so no trade today. I've got usdjpy long open still after the trendline break and that gapped up 
I'll update if anything happens, if not see you tomorrow/Tuesday morning.
I'll update if anything happens, if not see you tomorrow/Tuesday morning.
hi hugh,
can u please share the trailing stop ea
thanks in advance
saiyid
I will supply u with an answer:
1. Check post 1644 for the ea
2. Check post 1659 for the setting
3. Start on page 71 ( if you have not done it yet ) for the system info.
Ask if you battle
regards
John from Durban
- #1,677
- Jun 11, 2012 8:21am Jun 11, 2012 8:21am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Hi ted
Just read your pdf final version and like it very much.
I think the secret to this system is the dual timeframe signal and waiting for the first 1hr pullback to complete before entering in direction of the trend.
Then just add once your risk from first trade is at break even or like you say just keep adding but keep the total risk the same. But even better if first trades stop is at break even or better.
Would you keep adding on every pullback under the 100 sma or for a definately nos say the first 3 pullbacks only?
The beauty of this system is to add when you've got it right so making big winners and cut out quick with a small loss when price goes against you. Of course you never know which daily stoch cross is going to follow through or which following 1 hr stoch cross will either so have to just take the signals as they come and see what happens.
I Will be attempting a similar system on a 1 min chart using my favourite indicator the CCI. Will follow your example and start a thread shortly once I have had some success.
Great system and thread, keep up the good work.
This time next year...........
Just read your pdf final version and like it very much.
I think the secret to this system is the dual timeframe signal and waiting for the first 1hr pullback to complete before entering in direction of the trend.
Then just add once your risk from first trade is at break even or like you say just keep adding but keep the total risk the same. But even better if first trades stop is at break even or better.
Would you keep adding on every pullback under the 100 sma or for a definately nos say the first 3 pullbacks only?
The beauty of this system is to add when you've got it right so making big winners and cut out quick with a small loss when price goes against you. Of course you never know which daily stoch cross is going to follow through or which following 1 hr stoch cross will either so have to just take the signals as they come and see what happens.
I Will be attempting a similar system on a 1 min chart using my favourite indicator the CCI. Will follow your example and start a thread shortly once I have had some success.
Great system and thread, keep up the good work.
This time next year...........
Feel the Fear and do it anyway!!!
- #1,678
- Jun 11, 2012 8:25am Jun 11, 2012 8:25am
- | Commercial User | Joined May 2011 | 3,012 Posts
Hi ted
Just read your pdf final version and like it very much.
I think the secret to this system is the dual timeframe signal and waiting for the first 1hr pullback to complete before entering in direction of the trend.
Then just add once your risk from first trade is at break even or like you say just keep adding but keep the total risk the same. But even better if first trades stop is at break even or better.
Would you keep adding on every pullback under the 100 sma or for a definately nos say the first 3 pullbacks only?
The...
I will keep adding because you never know when the trend will end.
I'm looking forward to your thread. Speak soon.
