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TheThing replied Aug 8, 2007Thank you for putting your eye at this pair! Haven't looked at it in details but from the fast view of it I can that 23 Feb and 24 May was not a losing trade if to trade with original rules but successful trade. Haven't looked more because bad ...
Simple Daily System
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TheThing replied Aug 8, 2007Thank you Zunk for your efforts and testing this SIMPLE with ATR! ATR can definitely help us to determine the optimal values for TP and SL. As for your question regarding 1 H TF.. you can see on the chart I've put +30/+130 marks and that means ...
Simple Daily System
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TheThing replied Aug 8, 2007So here are results for 3 pairs being tested in this thread by myself for a period of 1 FEB - 7 AUG. EUR/JPY Total trades: 8 Winners : 8 Losers: : 0 Total Profit: +460 pips. USD/CHF Total trades: 6 Winners : 6 Losers : 0 Total Profit: +280 pips. ...
Simple Daily System
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TheThing replied Aug 8, 2007Here are GBP/USD backtest from 1 Feb to 7 Aug with NF broker. Total trades: 10 Winners: 9 Losers: 1 Total profit: +790 pips. As for the losing trade..As you can see on the chart (March) this trade was not so clear as others because 20 EMA just ...
Simple Daily System
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TheThing replied Aug 7, 2007No worries man, we all make mistakes sometimes
Yes, you're right and SL is 90 pips and we open the trade with 2 lots with TP1 of 30 pips and TP2 of 100 pips (Too high for some pairs like USD/CHF but will be back to this later). Once TP1 is hit ...Simple Daily System
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TheThing replied Aug 7, 2007Will check 5SMA tonight, thanks! Well, at EUR/GBP chart 20 EMA is going to cross 50 EMA, but it's not above 50 EMA for now. It may be a successful trade but if to strictly follow the rules (I'm talking about 20+50EMA not 5SMA) this trade should be ...
Simple Daily System
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TheThing replied Aug 7, 2007Thank you zunk for your efforts! Really appreciate your help with testing! However I got a bit different results. Total Trades : 6 Winners: 6 Loss: 0 Total profit: +280 pips. Have a look at attached charts and if somebody got a question regarding ...
Simple Daily System
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TheThing replied Aug 7, 2007Hehe Bahama is good but more backtesting is needed and then live trading ahead and only then Bahama
A good thing to do is to test other pairs using the same broker (NF) and same time period (FEB-AUG) and see the overall performance and use only ...Simple Daily System