Hello Tom, Well, I did some manual testing with Naranjoe's settings for GBP/JPY, with one addition. I tested from January 2 to Feb 12, placing the orders at midnight GMT. I checked which trades were triggered, and which TP's were hit, adding another ...

Daily95pips

So you take your high and low from 17-hour period before GMT 05am? I'm asking you in order to do some backtesting on your approach and be able to compare my results with yours. We must be in sync if we want to be able to compare them. Tell me if you ...

Daily95pips

Two valid entries - Different outcomes... — Hello all, Well, these are my first two trades following Wicker's system. The first one was a beautiful GBP/USD setting (all guppys heading north and stacked, and the other indicators following the ...

Trend Follower 5 Minute System

I understand what you say. The slope, as any other indicator, gives us information based on a number of previous data, or bars/candles. Just wanted to know how many bars it takes into account to be red/green (negative or positive slope), and the ...

Trend Follower 5 Minute System

David, are you entering your pending orders just before the Asian session? I mean, you still use the high and low of the 17 hours before 5pm East/10pm GMT (from 5am to 10pm GMT)? Thanks Middleastern

Daily95pips

Meaning of the slope indicator — Hello all, I just finished reading all the 93 pages of the thread. First of all, thanks to The Wicker and everyone contributing to this system. I understand what the slope is used for (exits only), but can ...

Trend Follower 5 Minute System

We are all demoing this approach, so it really doesn't matter how big the lot size is, for the time being. In order to know if this lot arrangement is better than the current one (3 equal lot sizes), we should compare the results in terms of $ using ...

Daily95pips

Naranjoe — Naranjoe, sorry for the misunderstanding... You are indeed increasing your size lot, doubling each trade's size. This way, your risk also doubles, but we should keep the same money management, i.e. the same maximum loss. By doubling ...

Daily95pips

If those are the results it is really great, but I cannot follow your numbers. I mean, according to my math, the maximum profit you can make with this new lot arrangement would be: 1.5 lots at 40 pips TP = $60 (assuming 1 pip = $1) 1.0 lot at 80 ...

Daily95pips

Yes, that's the way to calculate it. You have to consider always the same maximum loss instead of increasing the amount of money you put in it (i.e. the number of lots). Naranjoe: If you have some free time, try to calculate your results in terms of ...

Daily95pips

Hi all, I was thinking in the same direction than Tom here. I've been forward testing Naranjoe's settings with GBP/JPY and Mike's for GBP/USD for the last couple of weeks. I know 2 weeks is not an acceptable sample size, but only in 2 days (out of ...

Daily95pips

[quote=naranjoe;1802124]Hi Middleastern Please read post #1456. I test GBP/JPY with many settings and found best one for this pair. You can also take other parameter and see what happens but I think I fit very well. Ok, thanks for the answer. ...

Daily95pips

Sure, I understand the higher settings for this pair, but the question is if you chose the 40-80-110 targets arbitrarily or if there is a reason why they are not 30-70-120 for example, or any other close to those TP targets, for that matter. By the ...

Daily95pips

Naranjoe, any particular reason for those TP exits? — First of all, and since this is my first post here (just discovered this thread a week ago) thank you all for this system and the variations/adjustments proposed by all the contributors. ...

Daily95pips