Hello.
Rules:
1.Break out previous day Hi(max) or Low(min) on eurusd.
2.One trade a day either buy or sell which occurs early.
3.TP50 SL20
4.Place limit orders between 22:00 and 23:00 GMT for next day.
5.If price closer than 10 pip to max or min don't trade.
6.Some times after weekend if open price higher of max or lover than min don't trade.
7.After win start from 100 units (oanda).
8.Each time lose increase position on 100 units.
9.After 6 lose in the row start from 100 units.
Starting from Monday. Live trade. Obviously gain and lose will be in small amount with this unit size.
During forward test with another strategy from 20/08/10 I had
1 lose after win - 11 times
2 loses in the row after win till next win - 11 times as well
3 loses - 4 times
4 loses - 4 times
5 loses - 3 times
No 6 and higher.
Attached exel file have some counting related martingale part of trade.
Thanks.
Update 16/05/11
After 2 months of forward and some back tests I decided to change some rules:
1. TP 50 pip will not change case eurusd after genuine breakout have aproximatly 50 pip move before dip retracement.
SL change up to 15 pip case if we have good breakout price not retrace more than 10 pip. No point to lose extra pip if we can change martingale sequence in our faver.
2. New sequence are:
100
130
169
220
286
372
484
629
Benefit :
I can lose up to 8 times vs 6 before with same risk of the maney.
Each win gives us constant income 50 cents.
New exel sheet uploaded with new and old rules.
15/06/11
Finished journal with following results:
Total: 501 cents, 15 win, 27 lost trades.
Rules:
1.Break out previous day Hi(max) or Low(min) on eurusd.
2.One trade a day either buy or sell which occurs early.
3.TP50 SL20
4.Place limit orders between 22:00 and 23:00 GMT for next day.
5.If price closer than 10 pip to max or min don't trade.
6.Some times after weekend if open price higher of max or lover than min don't trade.
7.After win start from 100 units (oanda).
8.Each time lose increase position on 100 units.
9.After 6 lose in the row start from 100 units.
Starting from Monday. Live trade. Obviously gain and lose will be in small amount with this unit size.
During forward test with another strategy from 20/08/10 I had
1 lose after win - 11 times
2 loses in the row after win till next win - 11 times as well
3 loses - 4 times
4 loses - 4 times
5 loses - 3 times
No 6 and higher.
Attached exel file have some counting related martingale part of trade.
Thanks.
Update 16/05/11
After 2 months of forward and some back tests I decided to change some rules:
1. TP 50 pip will not change case eurusd after genuine breakout have aproximatly 50 pip move before dip retracement.
SL change up to 15 pip case if we have good breakout price not retrace more than 10 pip. No point to lose extra pip if we can change martingale sequence in our faver.
2. New sequence are:
100
130
169
220
286
372
484
629
Benefit :
I can lose up to 8 times vs 6 before with same risk of the maney.
Each win gives us constant income 50 cents.
New exel sheet uploaded with new and old rules.
15/06/11
Finished journal with following results:
Total: 501 cents, 15 win, 27 lost trades.
Attached File(s)
One 1 breakout a day + semi-martingale..xls
37 KB
|
528 downloads
|
Uploaded May 16, 2011 5:26pm