3 to 1 Ratio
- Thread starter DraXon
- Start date
Quote from Breakout:
Hey acrary...I don't know if you want to do any more or not.
If you don't want to that's cool.
But, I was wondering. What if you went long or short on the
breakout of the 1st 10 minute bar, put a 3 point stop in and
got out if you reached a 9 point profit target or , or market on
close if target not hit
Hey acrary...I just noticed something about the test you did for me that I was confused about. The test shows:
Largest winning trade...$6,350.00
Largest losing trade...$2,275.00
It seems to me, using this strategy, the largest win should be
around $450 (9 points) and the largest loss around $150 (3 points)
What am I missing here? Thanks
The results are on page 8 (wouldn't fit on page 7)
Quote from Breakout:
Here's what I mean...
When I run a test on one of my methods, and risk say $100
and set a profit objective of say $300, my test results show
about $300 for my average winner and about $100 for my
average loser. Anyway, it's no big deal, just curious. Thanks
Let me re-phrase that. This isn't My method as in My creation. It's just one of my methods ( systems) that I have on my harddrive. If you have TS or SC and want a copy, just let me know. (damn conscience)...hehe
Breakout,
As he mentioned earlier in the thread, Acrary is backtesting the SP (250 $ per pt) not the ES....
On top of that, DraXon didn't mention any rules preventing from holding overnight, so you may have largest winner/loser above/below your profit/stop level in such cases..
It would be interesting to see what the result of the system would be when making it a "true" intraday system, ie adding a time stop at the session close...
Eddy