Conservative strategy

[Silentshadow]

Let me check and see how this things works on crude. Would be a manual effort and SL and target may need further tweaking may be 1:1 ration of 10 points. No offense - wont disturb this thread. May be I can PM our dear Suri the results.

 

[suri112000]

A typical loosing day. The strategy can withstand such losses and much more big losses.

4th Trading Day [04/8/2016]

-20 (2 lots)
-30 (3 lots)
+15 (back to 1 lot again)
=====
-35
-12 brokerage
=====
-47
=====

Cumulative = 27+2+27-47= 9 points

 

[Silentshadow]

Dear Suri,

Parking my observation
* 2 trade candle green H&L is 8603 & 8594
* 3 trade is taken at the very next candle H&L being 8601.95 & 8593.05 @ 8593
* @10:55 its hits the SL of 10 - Candle H&L being 8605 & 8595 <<< -- this is where trade 2 should have terminated

Please do correct me if I am wrong

Thanks

A typical loosing day. The strategy can withstand such losses and much more big losses.

4th Trading Day [04/8/2016]

-20 (2 lots)
-30 (3 lots)
+15 (back to 1 lot again)
=====
-35
-12 brokerage
=====
-47
=====

Cumulative = 27+2+27-47= 9 points

 

[suri112000]

Dear Suri,

Parking my observation
* 2 trade candle green H&L is 8603 & 8594
* 3 trade is taken at the very next candle H&L being 8601.95 & 8593.05 @ 8593
* @10:55 its hits the SL of 10 - Candle H&L being 8605 & 8595 <<< -- this is where trade 2 should have terminated

Please do correct me if I am wrong

Thanks

your candle values are not matching with me. however, you follow your candle values and make a separate P&L. we will try to match the results at the end of this month and see if the candle values have any adverse impact on the strategy.

 

[pakatil]

Trade #1 Long 9.30 bar. Tgt hit 10.30 bar.

 

[pakatil]

Trade #2 Long 11.00 Bar. hit SL 2.15 bar.

 

[pakatil]

Trade #3 Long 02.15 Bar. hit Tgt 2.55 bar.

 

[suri112000]

1st hit target. 1st trade did not close on the bar shown in the chart. The trade missed 30 points by less than half a point. Since it is negligible and also we have already booked profit at 15 points, we are considering it as trade closing bar. 2nd trade hit SL. 3rd trade hit target with 2 lots.

5th Trading Day [05/08/2016]

+15
-10
+30 (2 lots)

====
+35
-8 (brokerage)
====
+27
====

Comulative = 27+2+27-47+27=+36

1st Week closed in a positive note with 36 points profit.

The system has produced 80 points without considering brokerage. Brokerage has cost us 44 points. Since it is intraday method, it is brokerage intensive. We have to live with it.

 

[pakatil]

Trade # 1 Long on 10.20 bar. Hit SL...12.05 bar

 

[pakatil]

Trade # 2 Long on 12.25 bar. Hit Tgt...03.05 bar

No time for 3rd trade.