Thanks for pointing this, I think I should return to my EA and try that... Seems like I was just to lazy to code the position size calculation, and that might change results a bit... BTW, I did email Joel a while ago to ask him about my backtesting ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

Point taken, thank you. Let's continue So, what about "premature profit-taking"? Let's suppose I have a winning position that is barely profitable, how do I see that it's time to exit? Any minute one can get signs of reversal on one of the ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

BTW, I wanted to message you about your thread of tested mechanical systems, but somehow something didn't work. It's very interesting that you have positive results with Joel's systems while my own tests fail... I used 0.1 lot on $10K deposit, just ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

I have to agree... So it seems like the main reason why someone would spend time (a lot of time in my case) on backtesting systems is _to get some hope_ ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

Nice one, thanks... May I ask — what's the hope than? If something that performs good on a backtest doesn't guarantee future performance (and it actually doesn't), why not just take FSP and make some money while it seems to work? Why backtest at ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

Joel's systems don't work for me either... — First off, thanks geoffrod for creating this thread! I'd like to chime in with my own backtesting results: I have coded FirstStrike, FirstStrike Plus and OneNightStand in MetaTrader 4 and backtested ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!