There is a simple answer to your questions; checkout this thread about "London close strategy". It does exactly what you are asking for. It fades the day range; but at specific time of day; when consolidation is expected; and also it fades it at the ...

Simple Mean Reversion

I did a quick backtest of a random martingale system; with 0.3/0.3/0.3 chances for Long/Short/Neutral. it then adds legs as it go. It does not exit at EOD; it carries on. The only exit method is net profit of the basket of 5 pips. 2019 seen a ...

50% win ratio, 1:1 sl tp, and random entries

The big NO still in place until you prove you can do it. I have done research in this area before; so I am not talking just for the sake of it. Let's explain why it won't work; - Say you have entered a random trade; and it was Long for the sake of ...

50% win ratio, 1:1 sl tp, and random entries

Keep in mind that the context of the study above is we enter at the specified range, then exit at EOD. another way of looking at this, is to study the excursions after the breakout, measure the average retracements. those retracements is where the ...

Simple Mean Reversion

its 20 pips average

Simple Mean Reversion

Jagg, here is the analysis on DAX I don't have price data for Dow at the moment.

Simple Mean Reversion

I just used the daily bar OHLC. Pretend you enter at the breakout price, and exit at EOD. No transaction cost involved in the analysis.

Simple Mean Reversion

AUDUSD has higher reversal rate compared to EURUSD GBPUSD is a breakout beast; don't attempt to fade it!!!! You are better off trading breakout strategies on GBPUSD especially after 200 pips range GBPCAD is even worse than GBPUSD; never fade that ...

Simple Mean Reversion

I did some statistical analysis of price movement after a breakout of x pips from the daily range. Negative values means the price retraced on average. Positive values means the price continued in the same direction of the move. here is the result ...

Simple Mean Reversion

i did quick test, and you are right. it does not seem to help at all

Simple Mean Reversion

Just a caution for EA and random entries; the random() function need to be seeded everytime you invoke it; otherwise the same sequence of entries are repeated in the backtest. In the world of programming languages; it is actually impossible to ...

50% win ratio, 1:1 sl tp, and random entries

Welcome back C

50% win ratio, 1:1 sl tp, and random entries

NO

50% win ratio, 1:1 sl tp, and random entries

I didn't have a chance to implement it or test yet

Simple Mean Reversion

Either of the 2 conditions is fine; for example; if the market reached a 50% ADR in the first hour; it is up for something sinister; see for example 24th June 2016; during Brexit vote count. After you have started classifying the market; you need to ...

Simple Mean Reversion

i think 4 hours is a good start, or perhaps use min of 50% ADR is reached during the day, then start classifying. no point trading a very narrow session. to be avoided at all times. george from tma thread uses the min adr, which i found to be useful ...

Simple Mean Reversion

Hilmy, I might jump in and do a live stream one day, but it's all automated, i will just comment on the trades being taken by EA. This is to show the ladies how it is done

Joining the CME gang

that is an issue then. It is a conflict of interest. a true prop shop; does not benefit from transaction cost for its employees; it should reduce it so they make money. Problem with this conflict of interest, FTMO is acting on the other side of the ...

FTMO - For serious traders

hi Otakar, does ftmo take any cut from brokerage commissions? or are there any other ways you are benefiting from the trading cost?

FTMO - For serious traders

i want to clarify to everyone guys, eventhough recently we been having fun discussing many things and lols; i did personally see value in the strategy taught by george. in fact i am still reading the tma thread, so far 50% done, and i already ...

(binned per thread starter's request) Price action at the core /