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  • #1,721
  • Sep 14, 2012 6:43pm Sep 14, 2012 6:43pm
Hi Strada. Did you take in consideration your personal rules in the results in the spreadsheet? Because in backtest i think is almost impossilbe to know if price went against you before the signal goes the right way.

Can you give details about exactly what you did in consideration in that backtest?

Many thanks again for share all this info.
  • #1,722
  • Edited 2:36pm Sep 16, 2012 2:20pm | Edited 2:36pm
Hi,

first, thanks for keep up with this thread. i started to follow this thread at the beginning, but give up in august (holidays and trade are not good friends, at least for me).

At the point i leave the thread, with the original rules, i had a 21% of profit (using demo), that is not much. Now i'm trying to catch up what's going on. I can't i find the spreadsheet mentioned above. Where is located? I would like to see a series of tests from anyone else, to check where my failures are (or maybe just get a different point of view).

Thanks guys!! Keep it up!
  • #1,723
  • Sep 16, 2012 7:25pm Sep 16, 2012 7:25pm
Do I delete the previously used Paulus Indicators or do I use them in conjunction with the template and zip files you show.

Thanks,

Frank

Quoting Ramjet
Hi ya Eltax100..

Strada is basically using the same settings as in the first post, I've attached the template for you to upload (make sure you change the Euro and London opening times to where you are)..

The extra part of the plan Strada has come up with is that he get's his stop as tight as possible to get the high returns be it at the top/bottom of the signal bar, the bar he is trading or a tight reversal point..

Cheers,
Adrian
  • #1,724
  • Sep 16, 2012 8:03pm Sep 16, 2012 8:03pm
Quoting pelota
Hi,

first, thanks for keep up with this thread. i started to follow this thread at the beginning, but give up in august (holidays and trade are not good friends, at least for me).

At the point i leave the thread, with the original rules, i had a 21% of profit (using demo), that is not much. Now i'm trying to catch up what's going on. I can't i find the spreadsheet mentioned above. Where is located? I would like to see a series of tests from anyone else, to check where my failures are (or maybe just get a different point of view).

Thanks guys!!...
Hi ya Pelota..

You will have to PM Strada and ask kindly if he could send you the spreadsheet of his testing..
If you just throw up some charts of where you had losses and your stops and entries we could all help to show you where the losses were from and how to correct..

Cheers,
Adrian
  • #1,725
  • Sep 16, 2012 8:13pm Sep 16, 2012 8:13pm
Quoting FranksBiz
Do I delete the previously used Paulus Indicators or do I use them in conjunction with the template and zip files you show.

Thanks,

Frank
Hi ya Frank..

Those are the original indicators from Paulus's post #6 so it sounds like you have them all ready so just drag the template onto a new chart window in MT4 and all indicators should show up on the template at once....
If not add the indicators to your indicators file in MT4 and then bring up a new chart window and all indicators should show up automatically..

Hope that helps

Cheers,
Adrian
  • #1,726
  • Sep 17, 2012 1:16am Sep 17, 2012 1:16am
Strada these were 2 valid trades for you?

Thanks in advance
  • #1,727
  • Sep 17, 2012 2:21am Sep 17, 2012 2:21am
Quoting giraia_br
Strada these were 2 valid trades for you?

Thanks in advance
Today bias is sell.
  • #1,728
  • Sep 17, 2012 3:29am Sep 17, 2012 3:29am
Ok, now i see my problem , and why sometimes our entry points does not match: i'm using STO (8,3,3) instead of the (5,3,3) described in the initial page. Probably was confused by some post in between.

Now i have to backtest

Thanks a lot.
  • #1,729
  • Sep 17, 2012 5:17am Sep 17, 2012 5:17am
Quoting pelota
Ok, now i see my problem , and why sometimes our entry points does not match: i'm using STO (8,3,3) instead of the (5,3,3) described in the initial page. Probably was confused by some post in between.

Now i have to backtest

Thanks a lot.
stoc 5,3,3 hi/lo
  • #1,730
  • Sep 17, 2012 8:20am Sep 17, 2012 8:20am
Quoting giraia_br
Hi Strada. Did you take in consideration your personal rules in the results in the spreadsheet? Because in backtest i think is almost impossilbe to know if price went against you before the signal goes the right way.

Can you give details about exactly what you did in consideration in that backtest?

Many thanks again for share all this info.
Yes, difficult to guarantee the accuracy in backtesting so could only go with the info from the chart. However I can't remember if I did adopt that part of the strategy to the backtesting periods. The info from 25th June is based on live trades and live testing and definitely employs that criteria.

I couldn't get set up this morning, had internet problem, but looking at the charts yes there were two 7am trades this morning. The first one looks as though it got to 5+, close to target so may have closed at BE, difficult to say in hindsight, I'll log it as a loss anyway. The 2nd trade was the 7am Bias trade and was also a loss. the two 8am trades would have been in profit so a profitable day for the combos.
strada.
  • #1,731
  • Sep 17, 2012 10:01pm Sep 17, 2012 10:01pm
Quoting strada
Yes, difficult to guarantee the accuracy in backtesting so could only go with the info from the chart. However I can't remember if I did adopt that part of the strategy to the backtesting periods. The info from 25th June is based on live trades and live testing and definitely employs that criteria.

I couldn't get set up this morning, had internet problem, but looking at the charts yes there were two 7am trades this morning. The first one looks as though it got to 5+, close to target so may have closed at BE, difficult to say in hindsight, I'll...

Hi Strada,

In your bias and no bias trade , what is your RR means fixed 5 pips TP and SL or something else? please share.

thanks
  • #1,732
  • Sep 18, 2012 12:08am Sep 18, 2012 12:08am
Quoting umpats
Hi Strada,

In your bias and no bias trade , what is your RR means fixed 5 pips TP and SL or something else? please share.

thanks
To save Strada a job, I will say that it is 5% and 15% of your account as per Paulus in the first post on this thread, HTH
Money grows on the tree of persistence
  • #1,733
  • Sep 18, 2012 1:40am Sep 18, 2012 1:40am
Quoting umpats
Hi Strada,

In your bias and no bias trade , what is your RR means fixed 5 pips TP and SL or something else? please share.

thanks
Morning Umpats, Ozmacca correct, I aim for 5%/15% and work out SL/TP according to Paulus's as he outlined in post 527.
Today's 7am was at 7.15am, it was the bias trade and also the 7am NO bias.
Attached Image (click to enlarge)
Click to Enlarge Name: 2m 2t eu 09-18.gif Size: 44 KB
  • #1,734
  • Sep 18, 2012 2:17am Sep 18, 2012 2:17am
Quoting strada
Morning Umpats, Ozmacca correct, I aim for 5%/15% and work out SL/TP according to Paulus's as he outlined in post 527.
Today's 7am was at 7.15am, it was the bias trade and also the 7am NO bias.
Strada,

Where was your SL placed in this trade, was it above the signal bar or the swing high?

Only reason I ask is if it was the swing high which is about 4pips from the entry and doesn't quite get that 3:1
  • #1,735
  • Sep 18, 2012 2:21am Sep 18, 2012 2:21am
Quoting strada
Morning Umpats, Ozmacca correct, I aim for 5%/15% and work out SL/TP according to Paulus's as he outlined in post 527.
Today's 7am was at 7.15am, it was the bias trade and also the 7am NO bias.
Hi Strada,
I'm still trading this in the background since we last chatted. But, not much success. Typically, I have 5 pip SL with 15 TP. That allows for setting SL behind last 1 min swing h/l. And if I can't get that, no trade.

On your chart here it looks like you are entering with tight SL even if it's not behind swing h/l. Is that correct?
Honest Bill
  • #1,736
  • Sep 18, 2012 2:24am Sep 18, 2012 2:24am
Quoting mannai70
Strada,

Where was your SL placed in this trade, was it above the signal bar or the swing high?

Only reason I ask is if it was the swing high which is about 4pips from the entry and doesn't quite get that 3:1
Hi of the signal bar which gave me a difference of 1.8 so made that up to 2.0 for the difference.
It doesn't work out to 1:3 because I don't include spread in the calcs, which is why if there are extra pips available over TP I always take them.
strada.
  • #1,737
  • Sep 18, 2012 2:44am Sep 18, 2012 2:44am
Quoting strada
Hi of the signal bar which gave me a difference of 1.8 so made that up to 2.0 for the difference.
It doesn't work out to 1:3 because I don't include spread in the calcs, which is why if there are extra pips available over TP I always take them.
strada.
so you use a max SL of around 2 pip or so and try to grab some extra pips after tp is met to take into account the spread?
  • #1,738
  • Edited 5:10am Sep 18, 2012 2:54am | Edited 5:10am
Quoting Honest Bill
Hi Strada,
I'm still trading this in the background since we last chatted. But, not much success. Typically, I have 5 pip SL with 15 TP. That allows for setting SL behind last 1 min swing h/l. And if I can't get that, no trade.

On your chart here it looks like you are entering with tight SL even if it's not behind swing h/l. Is that correct?
Morning Bill, how are you, well I hope.
When I did my initial backtesting this is what I found, the recent swing hi/Lo's were presenting sizeable differences from the signal bar close. And some like to add another couple of pips for good measure. Now that will create a relatively big TP.
What I realised was that the wider SL's were not as productive as the tight SL's.
I think the reason is simple. Paulus' indies are perfect for catching RETRACEMENTS.
That was what he set out to do. We have to look at the basics of retracements here.
Bearing in mind we're trading off a 1minute chart and on EU not the biggest mover normally.
So our TP has to relate to that and this morning is a typical example. At 8am the overnight range is just over 30 pips, so if you're looking for say 15 pips or more, that is a big ask of a retracement trade.
So my own take is that the TP has to be realistic in the conditions we're trading in.
That's not to say the wider SL's always lose, Umpats is doing quite well with them.
Just my personal view, not looking to cause waves here.
8am No Bias lost, waiting for 8am Bias ( I know the hi was broken but as price came back into the range quickly I'll stick with the down bias)
strada.

Manai, not quite, 2 minimum but 4 and above I'll probably not do. strada.
  • #1,739
  • Sep 18, 2012 3:05am Sep 18, 2012 3:05am
Quoting strada
Morning Bill, how are you, well I hope.
When I did my initial backtesting this is what I found, the recent swing hi/Lo's were presenting sizeable differences from the signal bar close. And some like to add another couple of pips for good measure. Now that will create a relatively big TP.
What I realised was that the wider SL's were not as productive as the tight SL's.
I think the reason is simple. Paulus' indies are perfect for catching RETRACEMENTS.
That was what he set out to do. We have to look at the basics of retracements here.
Bearing in...

First thanks strada to share the view.
today bias is down initially, then it breaks high so as per paulus rule bias is up.
but the price is try to moving downword. so dont know what to do? any idea?
  • #1,740
  • Sep 18, 2012 3:17am Sep 18, 2012 3:17am
Quoting strada
Morning Bill, how are you, well I hope.
When I did my initial backtesting this is what I found, the recent swing hi/Lo's were presenting sizeable differences from the signal bar close. And some like to add another couple of pips for good measure. Now that will create a relatively big TP.
What I realised was that the wider SL's were not as productive as the tight SL's.
I think the reason is simple. Paulus' indies are perfect for catching RETRACEMENTS.
That was what he set out to do. We have to look at the basics of retracements here.
Bearing...
ok cool thanks.

I thought you already took the 7am bias trade earlier today, the one where you showed the screenshot. Or did you mean the 8am you're waiting on.
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