Topic: How Could minimize my LOSSES?
As you can see in below information that copied from mt4 back tester report , I have problem to minimizing my losses. Please help me as your bro !
I USE MOVING AVERAGE AND DEMARKER FOR ENTRY IN TRADE POSITION .
PLEASE HELP ME HOW COULD MINIMIZE LOSSES ! IN THIS TIME FRAME .
MY STRATEGY HAVE VERY GOOD WIN/LOSS RATIO . BUT I CANT MINIMIZE QUANTITY OF LOSSES .
Time Frame : 1 Min
TP: 5 PIP
SL: 35 PIP
I NEED EXIT RULES WITH SOME INDICATORS OR CONDITIONS .
Bars in test 32465 Ticks modelled 363272 Modelling quality n/a
Mismatched charts errors 0
Initial deposit 100.00 Spread Current (17)
Total net profit -98.54 Gross profit 187.86 Gross loss -286.40
Profit factor 0.66 Expected payoff -0.30
Absolute drawdown 98.54 Maximal drawdown 108.72 (98.68%) Relative drawdown 98.68% (108.72)
Total trades 324 Short positions (won %) 163 (89.57%) Long positions (won %) 161 (86.34%)
Profit trades (% of total) 285 (87.96%) Loss trades (% of total) 39 (12.04%)
Largest profit trade 0.66 loss trade -7.44
Average profit trade 0.66 loss trade -7.34
Maximum consecutive wins (profit in money) 29 (19.14) consecutive losses (loss in money) 3 (-22.12)
Maximal consecutive profit (count of wins) 19.14 (29) consecutive loss (count of losses) -22.12 (3)
Average consecutive wins 9 consecutive losses 1