dbFX Real (By forexma)
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dbFX Real Discussion
forex_trader_36599
Member Since May 13, 2011
1341 posts
Jan 02, 2012 at 10:28
if R/R ratio is 1/1 or higher then reverse is ok. otherwise no matter what it looses
MetaCoder posted:
forexma posted:
This system had two main components: asian scalper and long term trend follower. They both failed.
I'm no longer focused on asian scalpers because it's a total waste of time. Long term trading with large stop losses according to me is also a waste of time. I'm currently developing a London session trend scalper with very tight stop loss and dynamic take profit based only on volatility. I'm having serious trouble programming it because the more I experiment, the more I know fixed rules don't work in our forex world because it's too dynamic and what worked yesterday doesn't work today.
When your design strategies and they loose continuously. Do not rush to make conclusion and throw them away. Rather think for a moment ' What if i took the opposite trades of this EA ?'. This is called Binary Inversion.
Jan 02, 2012 at 10:30
walker36 posted:
if R/R ratio is 1/1 or higher then reverse is ok. otherwise no matter what it looses
MetaCoder posted:
forexma posted:
This system had two main components: asian scalper and long term trend follower. They both failed.
I'm no longer focused on asian scalpers because it's a total waste of time. Long term trading with large stop losses according to me is also a waste of time. I'm currently developing a London session trend scalper with very tight stop loss and dynamic take profit based only on volatility. I'm having serious trouble programming it because the more I experiment, the more I know fixed rules don't work in our forex world because it's too dynamic and what worked yesterday doesn't work today.
When your design strategies and they loose continuously. Do not rush to make conclusion and throw them away. Rather think for a moment ' What if i took the opposite trades of this EA ?'. This is called Binary Inversion.
Yes of course. For reverse to work you need to have a reasonably high amount of consecutive loss as well
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