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shiko replied Aug 22, 2009No, just 50 pips and move stop loss to B/E. the rest is same. I think the fourth account rules are following. Everything same as Danno96, with 2 exceptions: Open 2 positions: 1 for TP3, 1 TP1. 2. 50 pips in profit move stop loss to B/E. 3. I will ...
4H Box Breakout
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shiko replied Aug 22, 2009with 50 pips in profit and move stop to B/E then follow Danno96 rules. 11 weeks B/E no money. 4 weeks losses. 17-18 weeks wins. I need to check my list how much losses and wins but netreturn with 1% risk per trade is 29%. with original rules return ...
4H Box Breakout
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shiko replied Aug 22, 2009Just check August 2008. this system would made a murderous killing. I have not checked but I am quite sure R:R would be 5:1. I traded E/J exclusively then one sided volatility was huge. Market was in free fall. It started 1 day, and I was watching ...
4H Box Breakout
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shiko replied Aug 22, 2009June week both trades were losses and it doe snot matter where the market went afterward. According to original and even slightly modified by Danno96 rules both trades were losers. There is no reentry rule in this system. With my minor change this ...
4H Box Breakout
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shiko replied Aug 21, 2009I agree, but I think it would work in 2003 as well, just with partial profit taking. I have checked 2003 by glance. G/J looked funny, many weeks were like break out and then slow painful move by this pair in break out direction the whole week in ...
4H Box Breakout
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shiko replied Aug 21, 2009It sounds great. Unlike you I have no programming skills and do everything manually week by week watching screen
I agree that partial profit taking is bad idea when market is so volatile when you can get 3:1 reward. But in ranging markets, each ...4H Box Breakout
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shiko replied Aug 21, 2009I think you have been doing great job, but adding more moving parts to an excellent strategy is a waste of time. it will only break the system performance. The key to this system is money management. It is where I want t concentrate and I am ...
4H Box Breakout
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shiko replied Aug 21, 2009There was nothing faulty in my statement. We used different criteria for trades. After 1 loss the probability of second loss is higher with those rules according to which I tested this strategy. This strategy can perform in ranging markets but not ...
4H Box Breakout
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shiko replied Aug 20, 2009Danno96, you are cool!
I wonder, what if you try taking partial profits for those bad years at say TP1 50% or something like this with setting stop loss to BE. You are really doing a great job. Amazing skills. I think some minor variations can ...4H Box Breakout
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shiko replied Aug 20, 2009It looked like he did... or may be he changed the rules later? I remember reading move to B/E after TP1 hit.
4H Box Breakout
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shiko replied Aug 20, 2009Ok, probably we use different crriteria, but I am backing what I am saying. After first loss second follows. Ma1, May 22 and one more trade before., need to check. according to what i see, no first lose and then win. It is first B/E than win. it is ...
4H Box Breakout
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shiko replied Aug 20, 2009Man, April 27, no loss. it is B/E according to Ace TP1 and according to 50 pips and B/E. i tis also B/E on my list first trade.
4H Box Breakout
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shiko replied Aug 20, 2009i am going back ward again. may be made some mistakes. i will check those dates after I am done. it is total 33 weeks to check. I was asking about what to do when box is 200 pips and more. It looks like it actually doe snot matter. I see even with ...
4H Box Breakout
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shiko replied Aug 20, 2009It is not a pet theory. I am going week by week. according to Move stop loss to BE once it is at TP1, I am doing now move to s/l after 50/80 pips in profit. pet theory my ass. where did you get this lexicon?
4H Box Breakout
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shiko replied Aug 20, 2009I am in March right now. will look into June 8 as I arrive

4H Box Breakout
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shiko replied Aug 20, 2009I can be wrong of course but the trend is here, probability of a winner after loser is higher than of a winner. Could you give me the dates whgen second trade was a winner according to your observation?
4H Box Breakout
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shiko replied Aug 20, 2009I followed original rules. Now I am testing with move stop loss to BE after 50/80 pips in profit.
4H Box Breakout