Opinion on system

Aug 02, 2011 at 17:43
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24 Replies
Участник с Jul 30, 2011   71 комментариев
Aug 25, 2011 at 14:33
Hmm, over 50.000$ I guess. I started this as a student, which pretty much means no risk capital at all :) Done now, but I had to buy a car first...etc etc, you know how it goes. Slowly feeding cash into the system on a monthly basis now though.
Riding waves always leads to a fall
Участник с Apr 25, 2011   262 комментариев
Sep 01, 2011 at 06:49
SnapTradeFX posted:
    What do you guys think? (I'm not selling, just wondering what you think)

I see Martingale at work: on 8/12 you had a basket of 7 trades opened in an interval of little over 1 hour. If you are using a global stop loss, and the system still performs, ok, but even then I would be extra cautious with it. What if USDCHF would not have retraced?
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Участник с Jul 30, 2011   71 комментариев
Sep 01, 2011 at 08:57

NextLevelForex posted:
    
SnapTradeFX posted:
    What do you guys think? (I'm not selling, just wondering what you think)

I see Martingale at work: on 8/12 you had a basket of 7 trades opened in an interval of little over 1 hour. If you are using a global stop loss, and the system still performs, ok, but even then I would be extra cautious with it. What if USDCHF would not have retraced?

Well spotted! If it hadn't retraced it would have stopped out at -15$, causing a loss. I've been trying to find a decent balance between taking profits and stopping out, I've found that these work best when you calculate them seperately per pair. For now I'm doing this through optimization with overlapping backtests (5x random periods of about 4 years 99% tick data) then using SPSS. This works but is quite a chore! I'm working on doing this dynamically while trading so the system decides it's own stoploss based on x previous candles on x timeframe, I want to try and take volume into account as well but that'll take a while to figure out :)
Riding waves always leads to a fall
Участник с Apr 25, 2011   262 комментариев
Sep 01, 2011 at 16:13
Thanks for the details. I tried several systems which used Martingale and also a stop out, and I agree with what you are saying. Good luck improving your system! 😄
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Участник с Oct 14, 2011   5 комментариев
Feb 12, 2012 at 07:40
Is there a link to sample trading somewhere?
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