There are many answers to the question, but I personally use a statistical approach called an MAE analysis (Maximum Adverse Excursion). Here is a brief explanation of what it is: url image

Question about stop loss policy

taken out for a 20 pip loss on the round number bounce

Big Sandwich System

try win XP manager trial version It can clean up a lot of loose ends.......or potentially destroy your computer

Access GBP/YEN Forum

Every so often I will be in my live chatroom while I take these trades. This chatroom is not intended to take you away from this forum, and it not associated with this forum, it's owners or associated entities. It is a condition of entry to this ...

Big Sandwich System

And while we were doing this, the Big Sandwich triggered a buy signal on the USDJPY which I have taken at 12262, stops placed at 12072

Big Sandwich System

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Big Sandwich System

"I found fairly good system using pivot points. What bother me is the 1 to 4 short/long ratio." There are 2 things to consider here: 1. Are the long entry / exit signal for the system identical to the short entry / exit signals? If yes, then that is ...

How to build Trading system?

I have taken the profit target out of the system as it is damaging to the overall backtested results regardless of it's value. I generally disagree with any method of profit target as it has proven to be based on the biases and fears of the trader ...

daily range Strategy

As the big sandwich is doing what it does, I will be taking a Round Number Trade on the AUDUSD at .8400 image

Big Sandwich System

The USDCHF has travelled sideways, and I am picking up the rollover @ 7.70USD per day, per contract, for doing....nothing! image

Big Sandwich System

I have found that when backtested, taking profits has drastically decreased the overall profitability of the system. I have also found that filtering out periods of low volatility (defined as ATR(20) < 130PIPS) is non-beneficial. What I have found ...

daily range Strategy

I presume that MTF / MT4 is some kind of charting software, in which case I don't have the coding / indicators. Perhaps the Tradestation coding above will assist someone to code in MTF.

Big Sandwich System

Hard Dollar Stop Levels: EURUSD is 80 pips GBPUSD 140 pips USDCHF 200 pips USDJPY 190 pips Backtested results are similar on all the above pairs and theoretically, should be improved by adding the interest. I will only take trades in the direction ...

Big Sandwich System

Tradestation Code for Daily EMA — {******************************************************************* Description : This Indicator plots Exponential Moving Average on a secondary datastream Provided By : Mongoose (c) Copyright 1991 ...

Big Sandwich System

EURUSD trade got stopped out at breakeven although I made $20.75 from the rollover interest. That's 2 free Corona's and change!

Big Sandwich System

If yesterday's bar penetrated the 10 ema of the highs, then sell at the next open.

Big Sandwich System

Personally I could see merit in creating a system to trade a synthetic pair (GBPCHF) using the GBPUSD & USDCHF taking buy signals only to buy both pairs at the same time and collect the positive interest on both sides of the trade. And GBPJPY & ...

Interesting carry trade system

Are your results based upon mechanically trading the code you published? Yes, the backtested results are. My actual results vary slightly. Do you only take trades in the direction of the weekly trend? This is an optional weekly discretionary part of ...

Big Sandwich System

Don't know why, but when you change the exit to @ market, it seems to solve the problem without affecting the results greatly. I think that its a bug in the TS coding where if you happen to get 2 signals generated at the same price on the same bar, ...

Big Sandwich System

Just to keep up with the demo testing, we should be in the EURUSD short at 13423 13426 with a stop at 140pips. Stops are at breakeven as price crosseed the 10ema of the opens on daily charts. We will trail with a 50ema exit on 60min charts if price ...

Big Sandwich System