Mechanism_4x (By Mechanist_fx)

The user has deleted this system.

Mechanism_4x Discussion

May 17, 2021 at 04:40
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1 Replies
Member Since Apr 08, 2021   2 posts
May 20, 2021 at 10:26
Hi all,

Ive just finished backtesting my system and have launched it at the beginning of this week. It took backtesting 25000 trades in order to filter it down to the parameters that I have now. Each phase was approx 5000 trades worth to establish a positive expectancy across the portfolio. Each pair has a sample size around 200-250 backtested back to the beginning of 2019.

I backtested 26 pairs and have landed on 8 that work for my 'RB' system and 7 that work for my 'BW' system (trades will be tagged whenever they are taken).

Stats from backtesting suggest that I can expect around 700-750 trades per year, a winrate of around 48-48.5% with a reward to risk of around 1.5-1.55 :1.
This gives the system a strong expectancy and a very good frequency too.

Surprisingly, it has started off well. Expecting a few losses at some point to pull the winrate down to expected levels.
Member Since Apr 08, 2021   2 posts
May 20, 2021 at 10:30
There is also a secondary account set up in my portfolios incase I get a buy and a sell at the same time on a specific pair. I will be taking the second position on that account and transferring the money over at the end of the month (if there is anything to transfer). This is to maintain a level of transparency.
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