Conservative strategy

rh6996

Well-Known Member
#32
Extremely sorry ! I jumped the gun! :eek::p
I posted my query before finding that it has already been addressed to by Suri later in the thread!
Please ignore my Post just before this one ! Apologies again !
 
#33
This experiment shows importance of knowing what is the average price swing we get in a given period. As shown by the backtest, if we keep target as 30 points, it is showing a loss because the period is sideways and it is giving very few 30-35 points price swings.Most swings are 10-15 points and hence if we keep 10-15 points profit target, we get many profitable trades and the performance becomes positive.

just my 2 cents....

Smart_trade
 

pakatil

Well-Known Member
#34
As i see it.......today Trade 1, Long over 9.25 bar......8740. Triggered in 10.25 bar....and hit SL in 10.50 Bar. Is this correct suri....?
 

Purushotham

Well-Known Member
#35
As i see it.......today Trade 1, Long over 9.25 bar......8740. Triggered in 10.25 bar....and hit SL in 10.50 Bar. Is this correct suri....?
Long above 9:50 red bar High 8732, SL 10 points 8724, If tgt 10 points achieved. If 15 points wait.
@ 11:49 SL hit.
 
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