1 (edited by 7zxCFgh7 2021-01-23 14:36:14)

Topic: How Could minimize my LOSSES?

Hello Friends
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 .
TANKS.


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

Re: How Could minimize my LOSSES?

The best way to minimize losses would be not to trade this strategy, it's not good. Risking 35 p to gain 5 p is a lost battle.

Re: How Could minimize my LOSSES?

footon wrote:

The best way to minimize losses would be not to trade this strategy, it's not good. Risking 35 p to gain 5 p is a lost battle.

Agreed.

According to your MT4 backtester report the strategy is unprofitable. Your trade winning % means nothing and is more so an indicator of the type of strategy you are trading, not whether or not you should trade it.

You have an inverse risk to reward ratio (per trade) or 1:7. Try decreasing your SL and/or increasing your TP.

Co-founder - Blue Capital Trading (https://www.bluecapitaltrading.com/)
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Re: How Could minimize my LOSSES?

so tnks