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I don't know who you're trying to fool...yourself or us...
First of all you should better read your own rules again because you missed 2 entrys (see blue arrows) Par. Sar. + new dot on kaufman line. And you placed 1 entry to much (see blue elips).
You say that you have only 6 false trades on 85 entrys ?!?!...
Without a proper exit rule you have already 7 false trades only on this 1 month of data (7 out of 9 trades are false)
You say that you have a stoploss of 150 pips ?!?!...
This system wil perform well in a strong trending market, but in a ranging market it will perform very bad. Your hitratre will absolutly not exceed the 30%.
So that means that your profit target should be at least 450 pips (3 x times bigger then your stoploss).
In non of the trades shown on your chart you catch 450 pips.
Sorry to say so but without a very good filter technic this system is absolute cr*p.
Instead of introducing a system you should better read some topics on this forum and learn some systems that perform many times better then what you try to show.
A Par.Sar. is a good indicator in a strong trending market but so is a simple moving average. And your kaufman indicator will not help you in your method because when Par.Sar shows a signal the kaufman does 99% of the times the same.
With all do respect, I may sound rude, but thats how I feel after reading the presentation of a system like yours. Not with the system itself but that you try to claim that you only have 6 false signals on 85 trades and that you have a stoploss of 150 pips and an average win of 34 pips with a system that is so obvious it will perform very bad in a ranging market (with a system like that 15 consecutive losers is not impossible) and like I said your hitrate will not exceed the 30% instead of the 93% that you claim.
regards ..iGoR
Last edited by iGoR; 06-30-2006 at 01:03 AM.
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