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- ChowClown replied Jun 27, 2007
4x13 exit — ...just had the 4x13 exit on FXCM's ChartStation, with a new 4hr period opening at 1.9944 at 9am (BST). A decent +120 trade from the 18th June entry.
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 26, 2007
...the 4xLRI looking promising again, TiKin. Crossing, not crossed...yet. Could well be a pop and drop.
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 26, 2007
...ok, so how have you trailed - using increments of pips? or trailing best net pips by 50 from entry?
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 26, 2007
...so from this post i'm assuming you have now tweaked the exit method (from just 4/13 crosses), to include the trailing 50 stoploss, but that your manual backtest was based purely on the 4/13 cross....just wanting to be clear on what has been/is ...
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 26, 2007
Hi mattfx, when during a trade do you begin trailing by 50?
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 21, 2007
Time will tell, TiKin. I sincerely hope my testing is proved wrong and the method is as successful as mattfx's testing suggests.
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 21, 2007
Hi TiKin, no offense taken at all. We're all working towards the same goal. For your information and accuracy, execution of the 13x50 signal with hivetrader is at the open of the next bar, not as the 13 crosses the 50, so the entry is valid. I take ...
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 21, 2007
That would be much appreciated, mattfx. I will record the automated version of the system i'm using, as a comparison.
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 21, 2007
Interesting idea, TiKin. I have a thought on using the LRI for exits, based on an 'on close' step down of the LRI, which often indicates a change in trend. The chart shows two instances of LRI step down, during the current trade. As you say, the ...
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 21, 2007
Hi Matt, I do not use MT4. The backtest results were performed using hivetrader.com which enables testing of strategies using FXCM's tic data from 2001 to present. Interested to note your MT4 results were similar. I am hoping my manual forward ...
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 21, 2007
hmm, but if i'd traded the strat mechanically through FXCM over the last 6 years (using the criteria you used in your test, from what i've read in your posts), i'd be down 1300 odd pips...which broker/data are you using for your current live ...
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 21, 2007
...2001 - 2007 backtest attached. Not something I could trade mechanically as it stands (through FXCM). Perhaps the real strength of the method is down to discretionary input around the entry/exit signals, as VyNNeR has suggested in previous posts, ...
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 20, 2007
...no worries. Maybe but Matt's results (without the stochs) were very encouraging!
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 20, 2007
No, i wanted to try and replicate the test results mattfx provided. He didn't use stochs either.
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 20, 2007
hmm breakeven across long and short trades. Nothing like the results Mattfx kindly posted....does anyone else have poor test results over the same period?
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 20, 2007
Thanks for posting your analysis. I am about to post the same analysis using FXCM's tic data. Where is your test data from? I think it will be interesting to note the differences. Please could you let me know if your rules differ to what follows. ...
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 19, 2007
Tikin introduced the Linear Regression Indicator to the thread, as an add-on to VyNNeR's method. See post 686 and 701.
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 19, 2007
Price has now been on the sell side of LRI for 20+hrs and the LRI is now beginning to flat line/reverse slope, but isn't confirmed yet (end of current 4hr candle with FXCM's ChartStation is 13:00 BST). 1.9835 holding as support for the last 8 hours, ...
Great GBP/USD Strategy for Swing Trades
- ChowClown replied Jun 18, 2007
...price now taking a breather on the LRI sell side (right side)...FXCM's ChartStation LRI figure currently printing 1.9836. Does look like a bull flag (or similar) on the 4hr, so my money's still long.... Using the LRI slope change looks useful for ...
Great GBP/USD Strategy for Swing Trades