So ten years ago I bought these candlestick programs on ebay and I'm questioning if they're authentic. My question is because there is a typo on the case it says secrete of a samurai trader.
Assuming they're not originals, can I retain or sell them?
Dude are you actually kidding? Did you test the techniques from that other thread?
The jjrvat thread is worthless as a system because it's not precise and he never talks about closing trades.
Anek doesn't trade like that. They call tops and bottoms and don't trend follow.
DT means double top so that means it is valued the same as a lower high. Go short if you see lower low, lower high, lower low, double top.
It was profitable over my test execution.
Based on my research, trend following systems require being in until the direction changes.
https://www.elitetrader.com/et/threads/daytrading-2-1-for-small-traders-the-complete-method.282485/
The first one is close to what the guy did in that thread. The second one is the way to continue to have losses as small as possible. Minimum 2 wins to make up a loss, maximum 4 more.
I made it for futures.
Stop loss 2 points, target profit 10 points.
Worst case scenario is you need 6 wins to make up for a loss. Best case is you need 2. You'd have to figure out how often they happen.