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Old 10-03-2006, 10:09 AM
creztor creztor is offline
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Quote:
Originally Posted by pippin
How did you apply the rules in the backtest? Igor tends to be quite conservative and only takes trades that have the necessary candles formations and steep slopes in addition to the signal and execute line rules. In other words do you apply the rules conservatively like Igor or more aggressively?

Thanks for the great job so far!!!
The results I got will of course be different to what other people would get. However this is what I did, whenever a trade was setup or coming, Id check wicks. If the wicks of the candles were too long and had been for a few candles and it was doing a lot of sideways movement, I would just sit out. Sometimes that meant I missed good runs, but thats life. Then I would check the s/l and compare it to the range of the day. Im not taking text book setups, I guess you can say I am agressive and if Igor was watching me do the trades he'd probably have slapped me on the ears many times, but by no means am I taking silly or non-existant setups. I was looking for the start of trending movement with price going in one direction and taking any chance at entering on some kind of retrace, be it from a HU or TMH, I wasnt just jumping in and out of trades like a crazy man. But thats what I did and they are my results, which for me show that the system works for e/u.

Last edited by creztor; 10-03-2006 at 10:13 AM.