Quote:
Originally Posted by bossxero
You are welcome here. Hope that everyone benefits from your methods, if you will really impart it rather than trying to sell us something.
Your method doesn't seem to get many trade opportunities according to your statement, 85 trades from 2006 to 2007. But results seem good. Let's see how this thread develops.
All the best
|
Thanks for the warm welcome!
Great question. Results will vary from historical data to another. The pairs used will also vary. More importantly, I use the monthly TF as my starting point of the EA as a "top down" approach looking for the FIRST counter trend. When found it enters and TP at a predetermined pip amount or % of ATR. You chose.
Now based on my settings I might get into many longer held positions as the weekly is the first potential counter trend it can find. That setting is looking for 100 pips as opposed to lower TF found counter trends.
I also trade 12 pairs concurrently. This is to give me more trades and a somewhat hedge divers ed portfolio.
Don