Quote:
Originally Posted by nix
ZMAX, this is the backtest on EURUSD 1H from June 2007 (just following the indicator) - stop and reverse method without any additional filters. No SL no TP.
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It's interesting stuff Nix, thanks for sharing.
You should probably discard stop and reverse, it's usually a spiral of doom scenario. Accepting the fact the trade is a loser for whatever reason is a better way to go.
Examining your entries tell me that it's most likely a good management plan afterward with entry protection and trailing etc would make this quite profitable.
Regards
Archer