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Posts by
Dr_P
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Dr_P->Demo
in
Trading Systems
Oct 31, 2011 at 17:09
It seems that the system has about 80% accuracy, when "dumb trading", e.g. taking opposite positions just based on signals. The accuracy can increase by another 10% if the trades are more conservative and only the signals from highest time frames are traded (e.g. if you have long signal on D1 and short on H1, you only trade D1).
Dr_P->Demo
in
Trading Systems
Oct 28, 2011 at 07:23
I backtested the strategy and figured that H1 is too small for commodities - thus from now on I will use H1 and D1 for currencies and H4 and D1 for commodities (and indexes).
Dr_P->Demo
in
Trading Systems
Oct 26, 2011 at 09:56
Because of news uncertainty I locked small profit and left 50% in free trade with tight S/L on break even. EU guys could be releasing some statement during lunch break...
Dr_P->Demo
in
Trading Systems
Oct 26, 2011 at 09:46
Tough time to trade - everyone is expecting the news... Market can explode in either direction.Yesterday Silver and Gold began their raise towards long term MAs - but... I'm not interested :P I stick to the system and await PinBars.Happy trading!
Dr_P->Demo
in
Trading Systems
Oct 25, 2011 at 14:51
Seems that the PinBar system works pretty well! I use H1 and D1 time frames. Still need to perfect the exit strategy on the "free trade" - I guess leaving S/L at break even would increase the pip gain rather than setting a 25-30 pip trailing stop... We'll test - we'll know :)
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