Dr Bill Finch 5 Min (de 196300)

Gain : +34.78%
Drawdown 12.70%
Pips: 13895.3
Transactions 1691
Gagné:
Perdu:
Type: Démo
Levier: 1:500
Trading: Automatisé

Discussion Dr Bill Finch 5 Min

Jul 19, 2017 at 04:53
Vues 605
8 Replies
Membre depuis Jul 18, 2014   posts 24
Oct 08, 2020 at 22:09
how are you controlling SLs and TPs on the Dr Bill Finch?
Membre depuis Jul 10, 2020   posts 34
Oct 19, 2020 at 11:06
Is this a short term or a long term trading strategy?
Membre depuis Nov 07, 2020   posts 22
Dec 04, 2020 at 06:41
It’s a smooth graph. I want to know how you have been controlling SLs and TPs.
Membre depuis Jan 26, 2017   posts 5
Dec 08, 2020 at 20:53

 It runs with set TP but no stop loss. These are adjustable in the settings. Back tests showed using stop loss it loses.

 Its a long term strategy and makes money every day but can have around $2000 in unclosed trades for up to a year or more.

 As you know there is no perfect EA.
Win
Membre depuis Jul 18, 2014   posts 24
Jan 03, 2021 at 16:54
Oh thank you, I see you are just running it the same way as from the seller of this EA, with the 2nd order and no SL. SO you are probably using the same prescribed TP ratio as well in dollar profit terms. I was just confused because the EA has the TP in $ profit, but on myfxbook it shows average pips of profit of all the trades at approx 14 pips.
Membre depuis Jan 26, 2017   posts 5
Jan 04, 2021 at 21:25
ramsey posted:
how are you controlling SLs and TPs on the Dr Bill Finch?

I'm not using stop loss as in back testing it lost using them. The TP is standard.
This EAs worst point is it can hold on to trades for years. You need a big deposit at least 10g
as it can have drawdowns (losing trades)of around $4000
Win
Membre depuis Jan 26, 2017   posts 5
Jan 04, 2021 at 21:26
antonyhollinwooe posted:
Is this a short term or a long term trading strategy?
I would regard it as a long term strategy
Win
Membre depuis Jan 26, 2017   posts 5
Jan 04, 2021 at 21:29
Rogerwood465 posted:
It’s a smooth graph. I want to know how you have been controlling SLs and TPs.
I don't use stop loss and tp is standard in settings
Win
Membre depuis Jan 26, 2017   posts 5
Jan 04, 2021 at 21:32
ramsey posted:
Oh thank you, I see you are just running it the same way as from the seller of this EA, with the 2nd order and no SL. SO you are probably using the same prescribed TP ratio as well in dollar profit terms. I was just confused because the EA has the TP in $ profit, but on myfxbook it shows average pips of profit of all the trades at approx 14 pips.
The tp is $1.30 for 1st and 2nd trades
Win
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