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roughtrader replied Oct 21, 2015you mean go with the trend? I guess that could be tested also, but the general idea is to play the retrace, action reaction, but no ideas are bad, if we can test that we should
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015That is great work, not that 70% is bad in any way
I suspect that your trade sample isn't large enough though, I did slightly over 1000 trades, yours is 700 something? probability levels out around the tousands, how about if you filter out the ...what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015alright, thats what testing is for :/
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015I have another idea I think could make the profitability better, if you could put that in the EA it can be good, the idea is -- opening with 2 lots or anything that can be splitted by 2, at the target we close 1 or half the position, then we set the ...
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015I see what you mean, let's say you wait to enter at 12.00, lets instead enter at 11:59:59, that would eliminate the problem I hope, then there will be no opening gap because the next candle must open before that is possible
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015the logic, if the current days candle is up, we wait until it closes and end, on the exact moment we enter a sell order at market, if the current days candle is down, we wait until close and enter a buy at the same second it closes, ofcourse the ...
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015Ops !sorry I was going through the posters one by one, I didn't realise you made an EA already, many thanks for your contribution both to you and also to abokwaik, this is what we need, alot of testing

what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015The pair I tested on is EURUSD, I have only tested EURUSD, maybe there is a tiny difference on other pair I don't know, please be advised that to get any reliable result, you must test it with 1000 trials minimum, after 1000 times probability tends ...
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015thats great nozzer, I think you will like it
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015with gaps there is going to sometimes be a loss, nothing we can do about it, but the good thing is that it might as well gap in our direction, the chances of that I think is 50/50 I think that's just something we have to live with
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015Thanks, by sharing I hope this will turn out to something very great in the end, about the losers, what I have noticed while testing is that, very large momentum bars, especially when they also have broken support, could be the ones that is a ...
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015that is a good idea, I am sure that will work, since we only play the wicks, I am sure you still would get the wick no matter what time you decide to start your candles, then we don't have to wait until midnight

what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015Hi! the problem I see with using hourly data is that, since the target is so small, there will be very small pips earned on hourly, maybe only sometimes 5 pips? therefore I think daily is the minimum for any decent pips, but you are of course ...
what can we do with 90% winrate?
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roughtrader replied Oct 21, 2015sounds great, be sure to share the EA in here if you do
what can we do with 90% winrate?
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roughtrader replied Oct 20, 2015that could be something to take a look on, thanks for the idea , unfortunatley it is very time consuming for me to test this as I don't have an EA so I would have to do it manually for tousands of trades, and I also trade daily, lets see if any kind ...
what can we do with 90% winrate?
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roughtrader replied Oct 20, 2015That is a good question, to tell you the truth I dont know what would be better, maybe we should leve the trade to compleation or close it right away, as I have done in the backtesting, is to close them, if that is best? must be further tested. I ...
what can we do with 90% winrate?
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roughtrader replied Oct 20, 2015as it is right now, because of the win ratio is 90 % the wins wil cover the losses long term, but sure, I would like to improve it, this is tested over 1000 trades. also note that all trades in pips are not equal, a long candle will give more pips, ...
what can we do with 90% winrate?
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roughtrader replied Oct 20, 2015Now to the method we will work on a Daily chart, which pair doesn't matter. other timeframes could possibly work but not tested, maybe 4 hour, but the pips will be smaller. I do not recommend lower than Daily, the most pips would probably be on ...
what can we do with 90% winrate?
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what can we do with 90% winrate?
Started Oct 20, 2015|Trading Systems|130 replies
Hi all and welcome! First I like to state that this is more like an idea than a trading system ...