Forex Software — KEEP it SIMPLE STUPID

Re: KEEP it SIMPLE STUPID

null@example.com (mv5555) — Thu, 01 Jul 2010 15:47:27 +0000

could yu run the same test on this strat

Re: KEEP it SIMPLE STUPID

null@example.com (MaryJ0) — Thu, 01 Jul 2010 07:10:49 +0000

Hi everyone )
I'm newby in forex... do you think that this strategy is worse to be used???

Re: KEEP it SIMPLE STUPID

null@example.com (zenoni) — Wed, 23 Jun 2010 07:51:22 +0000

At first your strategy looks very good, but if I made a deeper investigation with 10 year data then it will not look so good. The backtest shows that in a long run this trategy is not profitable. Always use a 5-10 year data to investigate your strategies.

mv5555 wrote:

Simple system that looks profitable on my FSB
Feed back welcome,
Times are GMT

Re: KEEP it SIMPLE STUPID

null@example.com (mv5555) — Mon, 21 Jun 2010 21:29:29 +0000

Note:

I am running the original strategy thread on a live account and the stop loss take profit may need correcting for 5 digit brokers

Re: KEEP it SIMPLE STUPID

null@example.com (mv5555) — Mon, 21 Jun 2010 19:40:29 +0000

Yes at this specific time on one pair the price is usually flowing one way ( even slightly) and usually ends up 40 pips plus average 4/1 times

yes i do mean the mentioned indicator used on 1hr length 20

Re: KEEP it SIMPLE STUPID

null@example.com (zenoni) — Mon, 21 Jun 2010 13:42:09 +0000

Do you mean this indicator: http://forexsb.com/forum/topic/1566/best-ma-indicator/

Maybe it's possible to develope extended version on the strategy with other indicators. It seems that uou are using a momentum type strategy.

Do I understand correctly that the strategy is using 1:1 profit-loss ratio ?

mv5555 wrote:

I do have a profitable system but im having trouble using logic to get it to work
All i want is for a trade to open up long or short based on one indicator at a specific time ie:2300hrs at the open bar
closing would be 40pips profit or 40 pips loss
the indicator is a non lag MA which of course i cant use on FTB and will have to find something else but i would like help with the basic set up

Re: KEEP it SIMPLE STUPID

null@example.com (mv5555) — Mon, 21 Jun 2010 10:44:15 +0000

I do have a profitable system but im having trouble using logic to get it to work

All i want is for a trade to open up long or short based on one indicator at a specific time ie:2300hrs at the open bar

closing would be 40pips profit or 40 pips loss

the indicator is a non lag MA which of course i cant use on FTB and will have to find something else but i would like help with the basic set up

Re: KEEP it SIMPLE STUPID

null@example.com (mv5555) — Mon, 21 Jun 2010 10:19:32 +0000

Entry times are logic because the price is more stable and moves better between the bb bands. we would not trade if there was a major news release between these time.

Re: KEEP it SIMPLE STUPID

null@example.com (zenoni) — Mon, 21 Jun 2010 10:11:19 +0000

Looks simple and efficient.

What about the entry time indicator - are these values optimized or based on specific entry time logic ?

KEEP it SIMPLE STUPID

null@example.com (mv5555) — Mon, 21 Jun 2010 08:57:18 +0000

Simple system that looks profitable on my FSB

Feed back welcome,

Times are GMT