Monday October 7 - The Far side, page-26

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.

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

Cheers.