when GOD brings you a challenge he also gives you the power to deal with it
- #24
- Sep 26, 2014 1:54pm Sep 26, 2014 1:54pm
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
{quote}A great weekend to you too. I will still be an active member of SMRI, it's still my favorite system!
and remember creativity is the most important thing..for system builder.
when GOD brings you a challenge he also gives you the power to deal with it
- #31
- Sep 27, 2014 1:33am Sep 27, 2014 1:33am
hi alex, gz to your new thread.
i have to admit i didn't get it, looked through the BT temps and it looks to me somehow random but maybe i am slowminded
i will watch upcoming charts and hopefully get it then.
but it will be a nice to put it with mts on one chart since they are looking quite simular.
if somebody like more histos then lines he can use this one.
Bob
i have to admit i didn't get it, looked through the BT temps and it looks to me somehow random but maybe i am slowminded
i will watch upcoming charts and hopefully get it then.
but it will be a nice to put it with mts on one chart since they are looking quite simular.
if somebody like more histos then lines he can use this one.
Bob
hi alex, gz to your new thread. i have to admit i didn't get it, looked through the BT temps and it looks to me somehow random but maybe i am slowminded
Most of those trades are 'uncertain', meaning it's up to the discretion of the trader whether to take them or not, but they're not ideal. In the posts where I post the BT template, I also post the trade-by-trade analysis: proper trades are only the ones that don't say 'uncertain'.
- #36
- Edited 10:11am Sep 27, 2014 4:43am | Edited 10:11am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
Alexcy, great one there, really proud of you. Great mind you are bro. I could not post on prof eitan's thread for reason i don't fully understand but i must say you guys are brilliant minds. Take care.
BB Gann EURAUD BT for the year 2014 so far:
There is really no going wrong when you use this strategy on this pair. It's like GBPJPY. You can take stupid trades and you'll still finish the year on the positive side no matter what (... well, okay, you have to follow the rules at least roughly!)
However, there are very few 'ideal trades' here, most are uncertain (but still profitable). I'm thinking of adding a BB with 3 standard deviations for the Rule 2b cases. Price being near the middle band is okay for 2a scenarios, where price is coming back. But it's not very okay for 2b scenarios, where price is trending and tends to cling to the outer band. So adding a BB with 3 standard deviations might solve this.
Regarding the total, Arso's results are: +650 pips Method 1 (Fractals), +469 pips Method 2 (BBs).
Mine are around +451 pips Method 2 taking the smaller TP values in each case or BE when it would've seemed highly reasonable.
Here's the trade-by-trade analysis:
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17 Jan 2014 There's yet some distance to the middle band, we could take it later. +73 Method 1, +125 or +71 Method 2 (depending on whether you moved your TP to the adjusting BBs)
23 Jan 2014 Uncertain. Stoch isn't ideal and valley is small. +161 Method 1, +125 or +89 Method 2
4 Feb 2014 Optional retrace trade. Should be careful where we put our SL when BBs squeeze later.
21 Feb 2014 Price close to the outer band, so if we decide to take it we better go for a retrace trade. -114 Method 1, +26 Method 2 (if we put out TP at the outer band), +/-95 Retrace Method, difficult to say, depends on where we put the SL
28 Feb 2014 No trade. Price significantly outside BBs. In these cases it is better not to take a retrace trade either. The BBs aren't called bands for nothing: they are like rubber bands, the more you stretch them in one direction the stronger they snap back in the opposite direction when you release them. There is often a big retrace after big price movements.
7 Mar 2014 Uncertain. Stoch move is rather protracted and zigzaggy. I wouldn't have mentioned this trade, but Arso took it in his BT.
There were other trades above that Arso didn't take but I mentioned here as uncertain. Whichever the case, the important thing is that most are profitable!! Sometimes it only matters that the Stoch went from one extreme to the other, and it doesn't matter exactly how drunken its journey was!
13 Mar 2014 There's room still to the outer band, but MA is in the middle providing possible support. +189 Method 1, +141 Method 2 (or +60 if we adjusted TP)
20 Mar 2014 Probably a BB squeeze so it shouldn't matter so much that price is somewhat near the outer band. +101 Method 1, +30 Method 2, Retrace didn't occur
8 Apr 2014 -106 Method 1, -171 or +30 or +76 Method 2 depending on whether you moved your SL according to the BBs, Retrace Method +76
10 Apr 2014 Price outside BBs and far from MA. Possible retrace trade. -/+74 Retrace Method depending on where you put the SL.
21 Apr 2014 Uncertain. Arso noted there was a peak at 16 Apr 8h00, I didn't even notice! So strictly speaking rule 2a isn't satisfied. +49 Method 1, +17 or +66 Method 2
23 Apr 2014 Possible retrace trade. Probably +83 Retrace Method
29 Apr 2014 Possible retrace trade. -66 Retrace Method
13 May 2014 Possible retrace trade. Probably a loss of 50 pips or so.
22 May 2014 Some distance to the middle band, but bands are expanding so 'middle' is more loosely defined. +128 Method 1, +157 or +23 Method 2
9 Jun 2014 Uncertain. Stoch came from 69.7 instead of 75. Price is near outer band. +145 Method 1, +15 Method 2, no retrace occurred
19 Jun 2014 Possibly should wait for some retracement. -72 Method 1, -108 or +11 or +34 Method 2
Arso noted this as a bigger loss for method 1. But actually Fractals only form when they are preceded and followed by two candles with a lower high or higher low. So in essence Fractals appear two cancles later. We would therefore put our SL at the earlier Fractal. The fact that Fractals appear this way does not influence this strategy, because by the time the Stoch and the CCI have gone down some downward movement has already occurred, so Fractals usually form by then. At any rate, they are only useful as a SL. We could SL manually to a previous high.
24 Jun 2014 Uncertain. There was a small valley after the big one. Depends on the trader. +109 or +73 Method 1 (depending on whether we adjust for the new higher Fractal), +89 or +46 Method 2
26 Jun 2014 Ideal. +66 Method 1, +81 Method 2 or BE if fear takes over
3 Jul 2014 Uncertain. Stoch late to confirm and there's a z. +79 Method 1, +87 Method 2
4 Jul 2014 +75 Method 1, +79 or +35 Method 2
18 Jul 2014 -54 Method 1, -54 Method 2
18 Jul 2014 Uncertain, Stoch 25.03 instead of 25. +61 Method 1, +18 or +25 Method 2
4 Aug 2014 +48 Method 1, +64 Method 2
7 Aug 2014 Possible retrace trade, but no retracement occurs until roughly a week after. But BBs are expanding so middle band is loosely defined, you could consider the next 2 candles as a retrace and open a position with TP at the high of the big green candle earlier.
15 Aug 2014 -63 Method 1, -57 Method 2
19 Aug 2014 Possible retrace trade. +61 Retrace Method
20 Aug 2014 Same as previous, same profit.
26 Aug 2014 +68 Method 1, +18 Method 2. Possible retrace trade, but retrace occurs too late, by that time we should've canceled out pending order.
8 Sep 2014 Uncertain. Even though the earlier peak is barely visible, it's a really well defined smooth curve and a large valley follows. +85 Method 1, +152 Method 2
11 Sep 2014 Uncertain. Really small peak. -143 Method 1, -175 Method 2
11 Sep 2014 +164 Method 1, +355 or +180 Method 2
22 Sep 2014 Possible retrace trade. +66 or +130 Retrace Method
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BT template:
Purple lines are Arso's, yellow are mine. Arso usually puts the line on the trigger candle, I put it on the tradable candle (the candle where we took the trade).
There is really no going wrong when you use this strategy on this pair. It's like GBPJPY. You can take stupid trades and you'll still finish the year on the positive side no matter what (... well, okay, you have to follow the rules at least roughly!)
However, there are very few 'ideal trades' here, most are uncertain (but still profitable). I'm thinking of adding a BB with 3 standard deviations for the Rule 2b cases. Price being near the middle band is okay for 2a scenarios, where price is coming back. But it's not very okay for 2b scenarios, where price is trending and tends to cling to the outer band. So adding a BB with 3 standard deviations might solve this.
Regarding the total, Arso's results are: +650 pips Method 1 (Fractals), +469 pips Method 2 (BBs).
Mine are around +451 pips Method 2 taking the smaller TP values in each case or BE when it would've seemed highly reasonable.
Here's the trade-by-trade analysis:
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17 Jan 2014 There's yet some distance to the middle band, we could take it later. +73 Method 1, +125 or +71 Method 2 (depending on whether you moved your TP to the adjusting BBs)
23 Jan 2014 Uncertain. Stoch isn't ideal and valley is small. +161 Method 1, +125 or +89 Method 2
4 Feb 2014 Optional retrace trade. Should be careful where we put our SL when BBs squeeze later.
21 Feb 2014 Price close to the outer band, so if we decide to take it we better go for a retrace trade. -114 Method 1, +26 Method 2 (if we put out TP at the outer band), +/-95 Retrace Method, difficult to say, depends on where we put the SL
28 Feb 2014 No trade. Price significantly outside BBs. In these cases it is better not to take a retrace trade either. The BBs aren't called bands for nothing: they are like rubber bands, the more you stretch them in one direction the stronger they snap back in the opposite direction when you release them. There is often a big retrace after big price movements.
7 Mar 2014 Uncertain. Stoch move is rather protracted and zigzaggy. I wouldn't have mentioned this trade, but Arso took it in his BT.
There were other trades above that Arso didn't take but I mentioned here as uncertain. Whichever the case, the important thing is that most are profitable!! Sometimes it only matters that the Stoch went from one extreme to the other, and it doesn't matter exactly how drunken its journey was!
13 Mar 2014 There's room still to the outer band, but MA is in the middle providing possible support. +189 Method 1, +141 Method 2 (or +60 if we adjusted TP)
20 Mar 2014 Probably a BB squeeze so it shouldn't matter so much that price is somewhat near the outer band. +101 Method 1, +30 Method 2, Retrace didn't occur
8 Apr 2014 -106 Method 1, -171 or +30 or +76 Method 2 depending on whether you moved your SL according to the BBs, Retrace Method +76
10 Apr 2014 Price outside BBs and far from MA. Possible retrace trade. -/+74 Retrace Method depending on where you put the SL.
21 Apr 2014 Uncertain. Arso noted there was a peak at 16 Apr 8h00, I didn't even notice! So strictly speaking rule 2a isn't satisfied. +49 Method 1, +17 or +66 Method 2
23 Apr 2014 Possible retrace trade. Probably +83 Retrace Method
29 Apr 2014 Possible retrace trade. -66 Retrace Method
13 May 2014 Possible retrace trade. Probably a loss of 50 pips or so.
22 May 2014 Some distance to the middle band, but bands are expanding so 'middle' is more loosely defined. +128 Method 1, +157 or +23 Method 2
9 Jun 2014 Uncertain. Stoch came from 69.7 instead of 75. Price is near outer band. +145 Method 1, +15 Method 2, no retrace occurred
19 Jun 2014 Possibly should wait for some retracement. -72 Method 1, -108 or +11 or +34 Method 2
Arso noted this as a bigger loss for method 1. But actually Fractals only form when they are preceded and followed by two candles with a lower high or higher low. So in essence Fractals appear two cancles later. We would therefore put our SL at the earlier Fractal. The fact that Fractals appear this way does not influence this strategy, because by the time the Stoch and the CCI have gone down some downward movement has already occurred, so Fractals usually form by then. At any rate, they are only useful as a SL. We could SL manually to a previous high.
24 Jun 2014 Uncertain. There was a small valley after the big one. Depends on the trader. +109 or +73 Method 1 (depending on whether we adjust for the new higher Fractal), +89 or +46 Method 2
26 Jun 2014 Ideal. +66 Method 1, +81 Method 2 or BE if fear takes over
3 Jul 2014 Uncertain. Stoch late to confirm and there's a z. +79 Method 1, +87 Method 2
4 Jul 2014 +75 Method 1, +79 or +35 Method 2
18 Jul 2014 -54 Method 1, -54 Method 2
18 Jul 2014 Uncertain, Stoch 25.03 instead of 25. +61 Method 1, +18 or +25 Method 2
4 Aug 2014 +48 Method 1, +64 Method 2
7 Aug 2014 Possible retrace trade, but no retracement occurs until roughly a week after. But BBs are expanding so middle band is loosely defined, you could consider the next 2 candles as a retrace and open a position with TP at the high of the big green candle earlier.
15 Aug 2014 -63 Method 1, -57 Method 2
19 Aug 2014 Possible retrace trade. +61 Retrace Method
20 Aug 2014 Same as previous, same profit.
26 Aug 2014 +68 Method 1, +18 Method 2. Possible retrace trade, but retrace occurs too late, by that time we should've canceled out pending order.
8 Sep 2014 Uncertain. Even though the earlier peak is barely visible, it's a really well defined smooth curve and a large valley follows. +85 Method 1, +152 Method 2
11 Sep 2014 Uncertain. Really small peak. -143 Method 1, -175 Method 2
11 Sep 2014 +164 Method 1, +355 or +180 Method 2
22 Sep 2014 Possible retrace trade. +66 or +130 Retrace Method
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BT template:
Purple lines are Arso's, yellow are mine. Arso usually puts the line on the trigger candle, I put it on the tradable candle (the candle where we took the trade).
Please find enclosed the BT for EURUSD, CADCHFand GBPNZD
The results obtained so far are (please note that I only BT method 1 and 2 BUT when BB is really far (+100 Pips) to set the SL of method 2 I put the SL closer.
I did operate during ranging market with the consequent losses to try to follow always the rules and avoid the discretionary decisión (but we all know that is really difficult...).
The results obtained so far are:
Next pair I will BT is AUDUSD. Another Backtester joined the BT team and is BT GU. If anyone wants to BT one pair, please let us know which pair.
The BT pairs are at 27/09 20h00
GJ
EA
EU
CADCHF
GN
GU (in process)
AU (in process)
Have a nice WE and Warm regards.
The results obtained so far are (please note that I only BT method 1 and 2 BUT when BB is really far (+100 Pips) to set the SL of method 2 I put the SL closer.
I did operate during ranging market with the consequent losses to try to follow always the rules and avoid the discretionary decisión (but we all know that is really difficult...).
The results obtained so far are:
Next pair I will BT is AUDUSD. Another Backtester joined the BT team and is BT GU. If anyone wants to BT one pair, please let us know which pair.
The BT pairs are at 27/09 20h00
GJ
EA
EU
CADCHF
GN
GU (in process)
AU (in process)
Have a nice WE and Warm regards.
