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- billbss replied Jul 31, 2007
Maybe. You also have to consider the constant drain of the spreads you are incurring.
Two-Stroke System (Mechanical Price Action +300 pips per month)
- billbss replied Jul 31, 2007
I hope jogjatrader isn't gone. This looks like a very good system, although there is quite a bit of it that isn't clear.
Tenno system
- billbss replied Jul 31, 2007
You are correct in what you say. I would have to look back at the charts to be sure, but I suspect your drawdowns would have been quite a bit larger with a buy/sell and hold approach. Your final profit would have been greater.
Two-Stroke System (Mechanical Price Action +300 pips per month)
- billbss replied Jul 25, 2007
I read it and understand it. I've seen 100 just like it. All of these hedging systems obscure the real underlying system. Opening the hedges accomplishes nothing- they only cost extra spreads. Let's look at the first day using this system. Each ...
True Hedge System
- billbss replied Jul 25, 2007
If you open 2 longs and 2 shorts at the beginning of the day, at the end of the day you have accomplished nothing. You are out the cost of 4 spreads.
True Hedge System
- billbss replied Jul 23, 2007
I think it's a losing system. If Eagle makes money with it, he's using a lot of discretion with rules that we don't know about. It might be possible to tweak it by expanding the width of the box or tying the PT and SL to the ATR etc. and make it a ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 23, 2007
I reached the same conclusion. I could not get Amibroker to properly account for the spread. That should have worked in favor of this system. I tested GBP/USD from April1 through Friday. It lost big money with every reasonable combination of PT and ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 23, 2007
There is already a help center for Meta Trader indicators here at FF. url
General Help Centre.
- billbss replied Jul 22, 2007
I didn't mean to enter on bar open. I meant bar close vs mid bar. But you have answered the question.
The "Weighted Taylor" Method
- billbss replied Jul 22, 2007
You are mistaken. I've checked it again. The boxes on that chart end with the 0700 GMT bar. These are 1H bars. The 0700GMT bar begins at 0700 GMT and ends at 0800 GMT. 0800 GMT = 9 AM London time. If you set the indicator for 4 to 7, it draws the ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 22, 2007
No, his boxes on that chart end at 9AM London time. (0800 GMT) I just double checked them.
Breakout + Spread!! Sure!!!
- billbss replied Jul 22, 2007
Eagle uses 10 pips + spread for PT. His SL is up in the air. I think lets it run and uses a discretionary exit. We've nailed his time range to 6-9 AM London time.
Breakout + Spread!! Sure!!!
- billbss replied Jul 22, 2007
I have tried all possible time ranges with poor results. I was using SL 15 and PT 10. Optimizing the SL and PT using 1M bars is very slow. I have not completed that yet. From what I've seen so far, I'm almost certain it will be a loser no matter ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 22, 2007
Your testing is much more sophisticated than mine. I'm using Alpari 1M bars with AmiBroker. BTW- I do know of a GBP breakout system that has done really well this year. It's hitting over 80% winners. Profit/ risk is 20/30, but it tests even better ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 22, 2007
I'm trying to backtest it on AmiBroker and am getting very bad results with it, also. I'll double check my code before I post the results to make sure I haven't made a mistake.
Breakout + Spread!! Sure!!!
- billbss replied Jul 21, 2007
I did think of something. I once had an indicator that would not work on my MT4. I could never find out why. I finally downloaded another MT4 from a different broker and it worked. You might try going to FXDD or Alpari etc. and downloading MT4 for a ...
littleboyjpkp's let all of us be winners
- billbss replied Jul 21, 2007
I don't have any idea what's wrong. I wish I could help.
littleboyjpkp's let all of us be winners