Monday October 7 - The Far side, page-27

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5speed

10,740 Posts.

2086

14/10/19

18:29

Post #: 40876406

Originally posted by Trunky ↑

The program calculates lot size as a % risk of the account balance, so of course reduces when on a losing streak. There is a fixed Stop Loss.
I have improved the WR% to 37.88% by letting the winning trades run longer, which seems to have meant that there are now less false signals. I will keep that Howard Bandy book in mind as I try and think of models to identify entry and exit points by price action. I have tried this many times using Doji's, Morning Star, Engulfing etc, both own their own and combined with stochastic and other oscillator levels so maybe a few more hints won't go amiss. Here's the latest results.

Column 1 Column 2

1 No Trades 359

2 No Wins 136

3 Win Ratio (WinRate) 37.88%

4 Loss Ratio 62.12%

5 Reward Risk Ratio 2.59

6 Expectancy Ratio 0.36

7 Short positions (won %) 140 (37.86%)

8 Long positions (won %) 219 (37.90%)

9 Profit trades (% of total) 136 (37.88%)

10 Loss trades (% of total) 223 (62.12%)

11 Max Drawdown 23%

Cheers.

Expand

@Trunky

Reply with quote not working for some reason. Which financial product are you backtesting, out of interest, as if you are backtesting my trading methodology, which I think was the reason for your intial posts, on a market maker platform, you are backtesting the wrong financial product. The results therefore, will be different. Also, there is an algorithmic thread that might be better for you.

Last edited by 5speed: 14/10/19

XJO Value at posting: 6,642.6

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Monday October 7 - The Far side, page-27

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	Column 1	Column 2
1	No Trades	359
2	No Wins	136
3	Win Ratio (WinRate)	37.88%
4	Loss Ratio	62.12%
5	Reward Risk Ratio	2.59
6	Expectancy Ratio	0.36
7	Short positions (won %)	140 (37.86%)
8	Long positions (won %)	219 (37.90%)
9	Profit trades (% of total)	136 (37.88%)
10	Loss trades (% of total)	223 (62.12%)
11	Max Drawdown	23%

Monday October 7 - The Far side, page-27

Top Stories

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