The best protection may be the NBars, just close each trade after so many bars and all would be good. I am using numbers near 20 for that.. a minimum of 10 and a max of 30.

Nice -- thanks.  Another pearl of wisdom...

The best protection may be the NBars, just close each trade after so many bars and all would be good. I am using numbers near 20 for that.. a minimum of 10 and a max of 30.

I am leaving space for the strategy generator to add more closing logic, I want to see if there is something common to a few of them.  So far I do not have any that show up often.

So........... I am using the ma cross  20 and 40 and Nbars and will add something else if I find anything.

signed

your friendly archeologist from the past. lol

Each strategy has its own personality and therefore has to be studied as to when or how often to reoptimize.

In an old thread Popov told us of how his friend used to reoptimize every hour, I guess he was trading a one minute chart.

Proibably a good approach is to test how a strategy performs over a bunch of periods using old data and determione how often reoptimization is needed.

There is no set rule or formula. We have to research that for ourselves with each strategy or group of strategies. We have to devise our own approaches.

fmFXbr

, I wonder if you have been optimizing the strategy often enough and I wonder what the monte carlo showed. .

Hi dear,
I always wonder how to do a regular optimization for my start.
How donyou do it?
Do you do it each day?week?month?

Isn’t might be considered over optimization?
Thank you

I am not so sure that is the very best solution for trend change

That's okay.  I wasn't necessarily expecting a "best" solution.  Previously I didn't have a reference point of how to think about incorporating some protection for a dramatic trend change.  And your suggestion then provided some insight on how an experienced trader might approach the problem.

If in your archaeological work you happen to excavate some lost treasures and ideas you used in the past, I'd certainly be interested in giving them a try.

Thanks...

I am not so sure that is the very best solution for trend change, I think we have to do some research, there may be a few things we can use.

I know that will work and we can adjust the lengths of the averages to find an ideal.

Perhaps others have ideas they will post in here.

As luck would have it, I had done a large collection using this idea and made the mistake of deleting it....... I would have had some ideas from that.  oh well, I can redo it. lol

One thing you can do that is simple and effective is to use a moving average crossover to close out when the trend changes..

Very interesting -- thanks for the advice.  I appreciate the things I learn on this forum.   I've revisited some strategies and incorporated that indicator.  And I also found I could lower the SL (as you suggest) and still maintain excellent statistics.

FSBPro does the tests instantly whereas other softwares will take a long time.

Personally, I try to avoid using other software, I have found that FSBPro does a terrific job.

You might spend some time learning about 'Walk Forward' testing so that you can do more testing of your strategies before putting them on charts.

Thanks for taking the time to share your experience. I do backtest on all the available broker data so on H1 more than a year. Anyways will look at the MA crossover as exit for sure.

Any ideas on how to perform the walk forward test. Is it in FSB? What tool are you using? I know a competitor product has it.

Regards,

One thing you can do that is simple and effective is to use a moving average crossover to close out when the trend changes..

That will allow you to work with narrower stops and ensure also that there is no extreme losses as happened this week.

I will do that. Amazing advices. As always! Thanks a lot, my dear friend!

That will allow you to work with narrower stops and ensure also that there is no extreme losses as happened this week.

You can have a few exits...... you do not have to depend on the stop loss alone.

You will have to devise some protections to keep your capital and test them extensively.

You need not feel too bad, I have been through these disasters and made far bigger mistakes than you can imagine.

and, you can know also that I am still making mistakes..... hahaha

If you are sticking to the scalping........ do walk forward on a few years data to make sure that you have covered all of the possibilities

Please, what did you mean by that?

Thanks!

In that way the strategy gets built with equal bias for buy and sell.

Some markets trend up for a long time, or they may trend down for a long time..... Unless you backtest on a balanced period, your strategy will have a bias to one or the other.

You can use the tools in 'market' to test your strategy in different periods by changing the dates of the data.

You might spend some time learning about 'Walk Forward' testing so that you can do more testing of your strategies before putting them on charts.