Developing a System #3 (Dachel's trading system)
Submitted by Edward Revy on June 25, 2008 - 04:21.
Hello, My name is Dachel and I developed a system this week which looks very nice. Maybe we can improve it a little bit more coz im still on backtesting and is not yet the final system.
Anyway..........here it is.
I used (IBFX) to perform the back test.
Here's the deal.
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good boy well done.its great
best of luck
Hi
Can you please document likely % win rate and profit to loss ratio per trade ?
Regards
Paul
what pairs do you trade with this strategy
what is the stoploss and take profit.
pls what do u mean by placing ur trade according to the size of the channel?. Again, what is channel. mettj4u[at]yahoo.com.
In page 2 you will see a picture. The range of the 2nd 4h candle is in blue an green, all that range is the channel. Your limit is based on the size of that channel. I hope this answer your question.
Dachel
what pairs do you trade with this strategy
GBP/JPY
This breakout strategy is really promising. Some of my clients ask me to code it. And they are satisfied by this strategy results so far.
Best Regards,
syanwar
Admin of Viking234.Com
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