Originally posted by ctrader
On ESZ2:
Good day for the ctrader version of this method:
7 Trades:
5 Winners/2 Losers
Cumulative Stats (2 Days):
Net Profit $425 Commission $96 Gross PNL $329
Accuracy 0.7
Avg Win/Avg Loss = 0.827
The ctrader version ditches stochastics all together and just looks at the direction of the previous bar.
Nice thing about the fibs times is that gives you nice buffer around 10:00am.
Originally posted by Quah
Sorry about that Faster - had some things to do yesterday and didn't realize that you were waiting on the results....![]()
Here is the summary - I'll edit this and add the specific trades sometime this morning. On ES, the first 6 initial trades were losers, with a couple of those losing on the reversal also. NQ was similar. The last 4 or 5 trades of the day turned out to be th better ones.
For 9/23/2002:
ESZ2:
18 Total Trades
8 Winners
10 Losers
Avg. Winner +1.125 / Avg. Loser -1.25
Gross -3.50 points - $-175.00
Commission $86.40
Net $-261.40
NQZ2:
16 Total Trades
7 Winners
9 Losers
Avg. Winner +3.07 / Avg. Loser -3.50
Gross -10.00 points - $-200.00
Commission $76.80
Net $-276.80
Originally posted by macal425
Ctrader. What do you do if you get an engulfing bar or an inside bar?
Thanks