1 Topic by Roughey (edited by Roughey 2019-10-31 09:53:58)

  • Registered: 2018-12-16
  • Posts: 322

Topic: Need help about the steps

Hi,

can someone tell me what this Numeric values steps are.

When i say Numeric values steps +- 10 Steps.. than i have a stop loss of 50 than he checked if there is a better strategy with a sl between 40 and 60? Or that he tried to find strategies with adding 10  to 50.. So like  SL 50 60 70 80 90 or 40 30 20 10..

  • Registered: 2010-11-18
  • Posts: 1,179

Re: Need help about the steps

Roughey wrote:

Hi,

can someone tell me what this Numeric values steps are.

When i say Numeric values steps +- 10 Steps.. than i have a stop loss of 50 than he checked if there is a better strategy with a sl between 40 and 60?


The numeric value steps range help you to define how much do you want your search to deviate from the original.

+/- 10 means = search between 40 to 60 (from the original 50 parameter value).

If you only want to fine tune your strategies, then a smaller range would be better without destroying the structure of your original Strategy (what is considered as small range? it depends on your time frame.  For a D1 time frame, +/- 10 may consider big but for M1 time frame, +/- 10 is considered a small range.

However for SL, TP etc, you can use whatever range you prefer (according to your risk management style) irregardless of time frame.