Search results

Hello, I've been playing around with my chart settings and cannot settle on a good way to decide when I should adjust my settings to a different time frame. I use either tick or volume based charts. Curious how some other traders decide when to change their settings. I have currently been...

When trading with swing highs and lows, would you count a new swing high and low from the high and low being the same bar? Or do you believe the bar should make a higher high than the previous bar AND a higher low than the previous bar?

I have "hard" rules for SL, but I would like to get out earlier if I can. I'm trying to test to see the average amount of ticks against my strategy. Seems like I have to just go with an educated guess of a # of ticks against me and see how it turns out? Then try more/less and see it its more...

I can plot it in excel, but I still have to plug in how far against me and how far in the direction of the trade price trades. Which I don't know the answer to either because hypothetically it can go an infinite amount in either direction if I don't define either the SL or PT? Am I missing...

Any suggestions how to calculate MAE and MFE? More specifically I mean how do I know how much a trade goes against my strategy if I don't have a defined PT? And vice versa. I am trying to calculate MFE and MAE to figure out what SL and PT to use, but if I don't have either one defined how do...

Nvm I was too tired writing that ha

Do you automate trend lines or draw them yourself? To clarify, you suggest looking for entries on the hourly chart and then a trailing stop for the second lot on the 3/5 minute? Using something like price crossing over a moving average? Thanks (what profit factor do you try and have at a...

Thanks, is RR and profit factor the same?

All strategies backtested on the E-mini S&P from Jan 2008 to now. Trade 1: Profit factor 1.4 882 trades Percentage profitable 63.76% (535-304) (43 Even trades) Average Trade $32.77 Average win: $187.99 Average loss: $235.77 Trade 2: Profit Factor 1.46 724 Trades Percentage profitable 59.5%...