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So you see that my posting about the 49 false trades (wich some said it was a hostely one) was a productive one. If I would have posted a small little posting wich would have said : guys be carefull because one could have now and then some false trades....I don't think that a lott of people would have bothered to listen not to say would not have taken any action to solve the problem. But be carefull again all moves will not be in such a flewent way as it happend today. But it is already a BIG improvement. Glad to have contributed a little bit ![]() regards...iGoR
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Succes comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) To avoid a lot of false trades ask yourself the question:...Am I desperatly looking for a trend because I want to trade...or am I taking a trade because the trend is there...(iGoR) |
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I have been reading the whole Isaka thread already and trading it successfully since some weeks. For the BigBear exits the will be some genius around finding a solution, no worries ![]() |
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Anyway... when you posted here the first time we knew already that there will be heaps of fake arrows. It's written in post#1! |
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I was also considering LSMA, HullMoving Average and nonLagMA as well. The EA is still backtesting with 9 more hours to go. There are already 9 settings that show profit in the range of $19000 on 85 or more trades and one with profit of $14000 with only 8% drawdown on 27 trades. Most have drawdown between 20 and 40%. This is mostly because of using stoploss of the high of the candle before entry plus 30 pips. That caused at least one very large loss. Once this backtest is finished I will be trying the different exit methods, including CCI value at arrow, nonlagdot, LSMA, HMA and EMA cross. One thing I did forget was to start the wait at 1. So these results started at 2. That seems to work best so far. Waiting longer causes more late entries to be taken sometimes with more profit but also greater drawdown. Robert |
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