What do you mean win loss on a single bar? You have to average this over time. With your set up I think you would need 75% win rate to be profitable. Your SL is say 31 pips and TP is say 19-29 pips. Best case is 31/29 you need about 57% win rate to ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Hi Zamanib... The second trade if you took the trade with the current bar low as the SL you would have hit SL.. but with the LOW - a few pips buffer for SL it would be a W ... your 30 pip SL here came through. I'm thinking of taking TP such that I ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

But when you decide to use SL and TP do you not place a bet on where you think the price action will go? Therefor you introduce a variable that is not under your control and you are assuming you have picked the direction of events. Those events are ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Why do you say that? You don't believe the contrarian play has been a driving force in the market for the last 10 years? My idea is based on market theory and principles that drive PA today... what's your stand on why it would be garbage to allow ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Ok I'll try to illustrate using todays trade as an example. The high is in place and weak shorts (retail) are in with the high as SL. SM then shakes out the weak shorts since most of the SL's are placed at the high to reserve their R:R. A pop above ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Hi DL, Yes... but personally I like to take stop loss hunting into account.. thus for me the rules will be different.. todays trade seems like a bigger and bigger reversal is imminent.. but also the original 1:1 with 17-25 is intact. Lets see if ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

I was thinking... the high and low of the bar is a good place to stop but for myself I would also add 5 pips buffer for stop loss hunting aswell as genuine trend continuation.. we know there will be a high chance of a reversal but we have to allow ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

I see... no markings here though

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Yup on a bar size of 52 my SL is something like 1.5484 and it entered short... the EA actually didn't work for me so I'm just eying it for now. Would have been good to release the source instead of an EX4... oh well I'll have to decompile it.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Yup I answered my own question by reading a few posts up

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Yea that's a good idea most likely increases PF.. Jag

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Wow looks good DL! Have you taken any live ones yet this week?

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

I think you have to average your R:R just like you average your win percentage... then use your in sample test and forward test it on out of sample data... the parameters that will win are the ones who have the highest PF between the in/out sample. ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Hi, He also uses a aggregate price action model between the G5 currencies with a 45% win rate and 2:1 Reward:Risk on average... this may help some with their systems. Deltix is also used for his API and order routing which pulls in pricing from ...

Systematic trading

Hi guys nice job! Lets fwd test and live to see really if it works.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Yes but you can apply the same rules to get your PF from live trading... if your live trading and backtest results match.. then you have a good indication of where you stand.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Guys, I think the formula we can adhere to when reporting results can be as follows: num of wins/num of losses x TP/SL = Profit Factor (x) a PF of over about 1.1 should take into accounts spread and anything below that would be a strategy providing ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

How long have you been trading for and what kind of results have you gotten following this path? More specifically... over all the trades you took which followed a precise entry what was the win ratio and SL/TP ratio for all trades? Jag

Planetary Cycles Trading (EUR/USD)

The US is actually putting through a law so that any brokers in the US must give details of traders positions taken vs how long it took for trade to process vs how much the fill deviated from market compared to other brokers... this will tell the ...

Art Phantom EA

nice job z i will look at automated testing

Dreamliners’ MPAS (Mechanical Price Action Strategy) System