View Single Post
  #6 (permalink)  
Old 02-10-2005, 12:26 PM
scorpion's Avatar
scorpion scorpion is offline
Administrator
 
Join Date: Aug 2004
Posts: 1,992
Thanks: 125
Thanked 383 Times in 152 Posts
scorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to behold
Send a message via MSN to scorpion Send a message via Yahoo to scorpion
Default

Quote:
Originally Posted by gazuz
Just to let you know use CCI on a 15 minute chart with settings at ~60 I believe that is the one that I used when I found out. Also no stop loss, no take profit, just a trailing stop. BUT the whole point of the backtesting is to find out which trailing stop would work better, finding which one would make more money without decreasing too dramatically the number of wins to losses
Also backtest the system without trailing stop. Just want to see which one is better. Sometime, trailing stop closes the trades too early, for the fact that ticks' movement is non-linear, which go up and down frequently in each candle.

Again, check Wealth-Lab out. You'll need to backtest a lot more in the future as I've experient. At first, I backtested the systems just for documentation only, and then I did about 300 more backtestings and change the code just to tweak my systems to the right settings. I guess you're gonna need it somedays.
__________________
Make easy pips with the Advanced Economic Calendar for Forex Trading.
Reply With Quote

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now

Main Menu

Economic Forecast