Simplest system ever -
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thread: Simplest system ever

  1. #21
    Yep. Basically if we only use the greater low/lower low rule and nothing else. A 53% chanche is the day will shut in our favour. I havent mentioned anything regarding the daily volatility and these only that IT WILL CLOSE IN OUR FAVOUR. Also I have made calculations concerning the missed pips.

    So if we keep on AVERAGE the SL at 59 pips then we're fine. The AVERAGE profit with this particular system is 70 pips on a successfull moment. That usually means that 47 percent of the time we loose 59 pips and 53% of the time we make 70 pips. Do the math and we get an evrage system. If we include the volatility variable that is the GU will fly 200 pips in our direction simply to fall back 130 pips then there's the rationale behind my take profit egy.

    So the setup could function as follows
    If low is greater than formerly buy. SL 59 out of open. TP 60,120,180 and 240 pips out of open. Unit 5 depart until day's end.

    Brief the reverse.
    Hey, if the aforementioned stats of 47% loss of 59 pips and 53% win of 70 pips still stands, it is not bad at all....

    It'll produce over 900 pips however is that in a month?

    Or has the latest stats changed a lot?

  2. #22
    hey, if the aforementioned stats of 47% reduction of 59 pips and 53% triumph of 70 pips still stands, it's not bad at all....

    It will create over 900 pips but is that in a month?

    Or has the most recent statistics changed a lot?
    Well based on my calculations 1 unit/ no tp it's made 2000 pips between 2007/01 and 2007/10. I havent measured the enhnacements yet completely that's that the TPs and the depart at the end of the day open what you have if the signal is the same rule. So you may be quite right.

    But imagine this HYPTHETICAL scenarion.

    Day 1.
    Open 5 units.
    EOD. 60 120 TP. 3*40 pip floating

    Day two.
    Open 5 Components.
    EOD. 60 120 TP. 180 240 from previous day 3*40 pip floating 100 pip from previous day....

    And so on...
    At the end of this 5th bullish day you may have easily made up 1000 pips accumulative.


  3. #23
    The unit is not closed at the end of every day only if you close everything becuse of this change of signal. So basically unit 5 rides th trend up/down from day 1. If you forget the market must close higher/lower rule. You then can have easily 5-10 day sequential sign times...

  4. #24
    I wonder if the SL is kept below or over the daily pub might keep one in a profitable commerce more? Especially, together with the up/down of Dow Jones with such a great influence now....of course, the risk is still 1 or 2 percent.

  5. #25
    I wonder if the SL is retained below or above the daily pub might keep one in a profitable commerce more? Especially, together with the up/down of Dow Jones having such a fantastic influence now....of course, the risk remains 1 or 2 percent.
    Good question. I was thinking initially just to continue regular as it is. Except that if the new day has the exact same signal as the old day I would leave the rest of the positions as they pull and are on the SL to BE or to the SL of the new moment. Something like this.

  6. #26
    I am going to post from today daily that the positions and the cumulative p/l. We will see how it goes.

  7. #27
    What would happen if

    1. Instead of using stop losses we would hedge.
    2. Instead of using just 1 twist we'd flip 2-3 or as many occasions as the market turns. This might help avoid days once the sl/reversal is hit then to hit on the sl again and again then to ride 200 pips.

  8. #28
    Junior Member davideokchar18's Avatar
    21
    Bullrockwe search for lower highs and higher lows to determine direction, things to do when we get an external pub say in a downtrend which may get a greater high,reduced low and greater close that could be considered bullish?

  9. #29
    Bullrockwe search for lower highs and higher lows to ascertain direction, what to do if we get an outside bar say in a downtrend that might have a higher high,reduced low and higher near which could be considered bullish?
    Yes. Very good point. I'm actually working on a system where every day we can ascertain with a certain likelihood the leadership of the next bar ie price action. The reduced , higher low is that the initial element, which has the potential to be next ie inbar/outbar.

    Thanks for the idea
    I will post some stats after.

    Regards
    BR

  10. #30
    I have run extensive analysis on the GBP/USD pair.
    Impact between 01/2007 and 10/2007 using the 15 min metatrader data led to approx 2000 pips if available is 8am in the morning and close is 8pm.
    That is all. Hope this helps.

    The analysis was done using a C analytical code composed by myself. This is raw system. Could be improved I believe.
    Whenever you include time statements within an international forum please indie which timezone you are referring to. For instance, when you say 8am to 8pm are you referring to GMT time? Or EST time? PST? MST?

    Please tell us that as you can.

    Thank you.

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