Before addressing R:R, like announced in my earlier post, let me come back to expectancy with another link. Hanover @ FF put together some conclusions on the ‘area of tension’ between expectancy and possible attempts to increase it by MM / TM methods here:

http://www.forexfactory.com/showthread.php?p=2240127#post2240127

The rest of that thread…[Read more]

Your position handling and trade management will only influence your results if you overcome the 0.5 threshold (you make more than wins than losses).

Absolutely correct! Trade management and money management will not turn a losing strategy in a winning one, on the long run. If the expectancy of your pure entry and exit strategy is below 0.5, you…[Read more]

Side note, sorry if it is slightly of course but hedging for me is the answer to SL, material for another video

Good point! The old discussion: why hedging if you could also exit your original trade and re-enter it later, when you would close your hedge?

Talking about EAs: when looking at hedged trades from a system developer’s perspective, which…[Read more]

The MA is applied to close of price.. does this need to be changed?

No.

Why can i not implement these on a normal broker by manually selecting the MA period 1..??

I can’t help you on this problem, you may try to contact your broker.

Could you just explain to me why i am able to get the MA period to 1 on the SSBO and on real time brokers i can only put the MA period to minimum of 2 and not 1.

I can set the MA period to 1 in my Metatrader charts.

When i click the EMA to true from false and then adjust the MA period to 1 i get the best stats on backtest..?

These stats are not…[Read more]

The biggest issue I’m having is understanding the EMA period. I have selected this to 1 in the ssbo how come some trades are not being entered even when they break out of the consolidation box at the first time?

If MinBarsClosedOutside is 1 then the real time EMA should exceed the close of the break out candle. For the closed candles the si…[Read more]

The biggest issue I’m having is understanding the EMA period. I have selected this to 1 in the ssbo how come some trades are not being entered even when they break out of the consolidation box at the first time?

If MinBarsClosedOutside is 1 then then real time EMA should exceed the close of the break out candle. For the closed candles the si…[Read more]

Could please explain how the change of BoxRange should block a trade?

What are the MinBarsClosedOutside and MAAppliedPrice settings?

What are your exact settings?

For a valid entry the real time EMA should break a level. If MinBarsClosedOutside is set to zero then this level is the breakout level of the consolidation zone. If MinBarsClosedOutside is greater than zero then this level is the close of the candle that closed beyond the breakout level of the consolidation zone. You can check the validity of EM…[Read more]

For a valid entry the real time EMA should break a level. If MinBarsClosedOutside is set to zero then this level is the breakout level of the consolidation zone. If MinBarsClosedOutside is greter than zero then this level is the close of the candle that closed beyond the breakout level of the consolidation zone. You can check the validity of EM…[Read more]

I’d like to come back to Ron Black’s CLEAR Method indicator much discussed here as well as in the main thread. Recently I stumbled upon a video showing an interesting approach to utilize CLEAR in a more sophisticated way than proposed here before.

Note: that YouTube video is posted by a company, linking to their commercial website. Please don’t…[Read more]

I believe that there is no such thing as an ‘optimal setting’ for a Stoch indicator. After you’ve identified ‘your’ optimal setting for the moment, be sure it has changed a few bars ago or is changing now or will change during the next following bars. Market is too fast for such an approach.

What smallcat described is the typical Stoch ambiguity.…[Read more]

Very interesting @saver0, thanks for this   One question: At your example, “translating” of percentage to fixed money amount ($5 TP & $6 SL in this example), is it including the Commission, Spread, Swap, etc ?

@Anti
I’m continuing my discussion here from last December
http://penguintraders.com/forums/topic/nature-of-markets-randomness-probability/page/3/#post-12762

Hi all!

A lot has happened in my absence from this community. There were some family things that happened but things has finally returned to “normal” and I’m finding more time to continue my research where I left off. I hope to share my findings with you here and help you all along the way.

Continuing from where I left…[Read more]

Hi all!

A lot has happened in my absence from this community. There were some family things that happened but things has finally returned to “normal” and I’m finding more time to continue my research where I left off. I hope to share my findings with you here and help you all along the way.

Continuing from where I left…[Read more]