Haven't Test it. But for the same reason (the EMA is moving towards the entries), I chose to open three positions, because in some cases the EMA gets very close to the first entry and it closes with BE or a minor loss then the other two positions ...

Sedona- A system for inactive hours

No, as it is dynamic, I change it every 30 minute or so

Sedona- A system for inactive hours

It depends my friend. Sometimes the opening of the first candle out of the box is exactly on one of your entries, then you can enter at the market.

Sedona- A system for inactive hours

Entries for GJ: Sell @ 238.76, 238.87 & 238.98 S/L: 239.20 T/P: 238.49 Two should be triggered by now. Although, As I've reached my monthly pip targert, I am not going to trade today. Thanks Jimbo61 for clarification on entries.

Sedona- A system for inactive hours

I guess the best way is to wait for the box to be completed. Now it is just making a new high with OB RSI. We have to wait for less than an hour to setting up the trades

Sedona- A system for inactive hours

That's a nice correlation to look for. I did not look at the effect of box size on the chance of win. Sometimes it has an effect some times no. By the way, you always have the chance of not entering a trade, eh?

Sedona- A system for inactive hours

Good point. It is with 1% risk on each trade

Sedona- A system for inactive hours

I don't trade it either, never

Sedona- A system for inactive hours

wow. nice job

Sedona- A system for inactive hours

I do close manually on Fridays at 1500 EDT, due to my broker's spread widening

Sedona- A system for inactive hours

It went under a total makeover and it is totally different from what Boris introduced. It is my system just kidding!

Sedona- A system for inactive hours

Thanks for Sharing Parker, bout the problem with mechanical testing, the problem is inside us: we always want to trade! There is no such a thing as a hybrid system. The systems are either trend follower or ranging systems and guess what if you apply ...

Sedona- A system for inactive hours

It worked better on GBP/JPY as it is in afternoon of NY session. For cable, you are right it is in Asian session and sometimes it is really BORING! But profitable, as trading always is: Boring

Sedona- A system for inactive hours

We might do more backtesting and see if we can let the positions run after the pair sessions open.

Sedona- A system for inactive hours

Backtest results for GJ: The backtest was candle by candle on Forextester with NF 1min data: % win: 60% average win: 30 pips avg loss: -23 pips I backtested Mar 20- Apr 20 using money managment techniques with the same software. The system turned $ ...

Sedona- A system for inactive hours

In my experience, most of the times the price could not break the highest or the lowest point. About Cable on Thu. as I said before in my charting platform it did not touch the EMA and turned by just 1 pip, although in my trading platform it did ...

Sedona- A system for inactive hours

Ok, The week is finished. you may see the results here: I added a spread of 8 pips for GJ and 2 pips for cable. GJ is pretty profitable, yet we were not so lucky with cable. Next week I am going to breakeven or bank the profit in 15-20 pips for ...

Sedona- A system for inactive hours

I am a conservative trader, so yes I'll cancel the other side. Thanks for asking.

Sedona- A system for inactive hours

we just try to obey the rules. this is the most important part of trading: discipline. thanks for your idea

Sedona- A system for inactive hours

GJ- Thursday: Short @ 238.44, 238.58 & 238.72 S/L: 239.00 T/P: 237.84 Long @ 237.61, 237.47, 237.33 S/L: 237.05 T/P: 237.84 No trade has been triggered yet

Sedona- A system for inactive hours