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Originally Posted by pvctrades
I've been doing some tests on this system and wanted to get a few opinions on what everyone thinks is better for this system. I did some tests using a 1:1 RR ratio and came up with an average of 65-80% win trades using 20 pip Stop losses and 20 pip take profits. I also did another test letting the pair ride until it breaches the 50ema going in the opposite direction of the trade. Based on that analysis, I notice that the average win to loss ratio is about 25-30% wins and 65-70% losses on trades but the amount of pips gained from the 25-30% wins was so high that it outperformed the 1:1 RR method by almost 4 times the profit. The 25-30% wins came to about an average of 1:7 - 1:12 RR ratio. I also did a test doing both together where I take half the profits at 20 pips and let the rest ride and the results were somewhere in between. Based on Nina's and everyone's experience, do you find that this system "overall" works better to let it ride longer or to just take small profits along the way? So far, I'm impressed with this system and will be going live sometime on Monday.
By the way, the tests were just based on using the simple standard method of going long/short at the open of the bar above or below the ema line. I did this test using no other indicators, no other analysis, no charting, etc. So I'm sure that adding other filters will only make this better. I wanted to test it to try to get worst case scenario but always seem to find that it profits either way.  |
Hi, Pvctrades!!
Buffet says "the longer, the better". To be short, it all depends on the amount of money you have in your account and on your leverage. Of course, we are not gambling here. So, providing that the system you use is profitable at the end.
Big investors do not pop up here. Therefore, all of us, I guess, are small ones.
Big investors take into account more fundamentals than we do. Those fundamentals make them borrow JPY, for instance, to buy NZD, AUD or GBP or whatever stock or bond than yields much more than they pay for the loan.
Then, we day trade; they do not.
A 30M chart is not used for long positions and that's the Time Frame we use with CatFX50.
Look, lets see if a good programmer makes an EA for that:
EMA50
TF 4H
Indicator: aNina_v1 (default settings)
We buy/sell when aNina crosses giving and arrow at the opening above/below EMA50. aNina does not give an arrow if those conditions are not met.
About TP and SL: we should optimize them.
Lets start with non.
Trailing: non, at the moment.
Once we have the EA, we will have to play with it in order to get the best results.