Thanks for this comprehensive analysis. So, taken as a whole removing outliers you get a 50% chance of having a profit or not. Do you think there is value in analyzing the pairs separately, could it produce an edge in trading just that pair?

Jay's Candle Sticker System

New orders from Sunday Evening. So the account doubled from its lowest point on Friday so the girlfriend rule was initiated. I closed all positions. That being done, I looked to see what new candlestick patterns were confirmed. I took two trades. A ...

Jay's Candle Sticker System

Considering your risk profile I am sure those are questions that you would have. A few posts back I gave my thoughts on how they generated performance particularly the % profit. Yes, it is based on taking every signal and closing the trade by stop ...

Jay's Candle Sticker System

Yep, unfortunately I did upload some zip files to this thread that contained that data for one moment in time though. Here is EURUSD from Friday 6/8/18 image

Jay's Candle Sticker System

Sure no problem, I appreciate the helpful insights. I sorta feel like if you can't explain what you are doing in a logical and precise way, then you might want to examine why you are doing it.

Jay's Candle Sticker System

I understood your answer, basically at no point would you ever want to have more than 20% of your account at risk at any one time.

Jay's Candle Sticker System

1. In the past I have traded every confirmed candlestick pattern that I was aware of provided by American bulls, they don't have all 28 pairs, a recent thought has led me to want to only trade signals that have shown profitable in the past. Which is ...

Jay's Candle Sticker System

Thanks for your insight, I understand how you would approach things. Could be some valuable tools when creating a low-risk low return stable profitable system, after having, of course, used a high-risk system to get the capital needed for the low ...

Jay's Candle Sticker System

I appreciate the comment, I do, with the new strategies I really don't think that the account would double in a day anymore, unless extremely lucky. However, it sounds like your risk profile is a lot more conservative than mine which is fine. I have ...

Jay's Candle Sticker System

Maybe I got the wrong gist but this Bullish hammer is only one of 84 different patterns that are detected, we are talking many many different candlestick patterns.

Jay's Candle Sticker System

image Sure, bear in mind that you do not place the stop-loss on the chart. This sentence explains the mechanics about when to close the trade if it goes beyond the stop-loss. Also, keep in mind that you are only making decisions once a day for 15 ...

Jay's Candle Sticker System

Jay’s Candle Sticker System Version 2 You never really know what you got until you try to explain it to someone else. Having my account drop from pinging 20K last month to 2,600 last Friday has brought about some disquieting reflection. Something ...

Jay's Candle Sticker System

100 pip trailing stoploss, I like it. After Friday I am loving the idea of locking in profits.

Jay's Candle Sticker System

Here is your data, it's like a snapshot in time. I had to break it into multiple files to stay under the 10MB upload limitation here on FF. Good luck coding.

Jay's Candle Sticker System

So hard to find an edge these days...

Jay's Candle Sticker System

Hell, watching paint dry or grass growing is more fun.

Jay's Candle Sticker System

Interesting thoughts, I would guess that it will hit the +92 sometime next week. Once we get a confirmed pattern maybe waiting for a minor retace is the thing, I think a buy limit order at the buy line or close to it could obtain better entries. On ...

Jay's Candle Sticker System

If this is true then that is genius! How did you figure this out, merely by emperical observation? You could use that information as an edge and build a complete system around it.

Jay's Candle Sticker System

They need to expand the percentages 0, 1, 2, 3 are not very informative, I think it is the actual percentage of profit you would have made on your account if you had taken the trade. Using the following assumptions, you were trading 1 lot order size ...

Jay's Candle Sticker System

Ok will do once I get back to my computer, Confirmed - means that the candlestick pattern was created then another candle closed beyond the signal line. For instance if say we see a bullish engulfing candle the signal line is near the top of the ...

Jay's Candle Sticker System