[brakkar]

Hi,
on your chart I see that orders are entered at next bar open, not when price goes over previous bar high.

ISn't this a problem for backtesting accuracy ?
How do you deal with this ?

Thanks;
Brak

[swansjr]

Originally Posted by goody01 »

Hello Swansjr,

thank you for the strategy.
Did you tried it intraday too and also with other futures like ES or NQ?

Thx + good luck,

Goody

I did try it intra day with YM without much success. I did not try it with other markets.


Jeff

[swansjr]

Originally Posted by brakkar »

Hi,
on your chart I see that orders are entered at next bar open, not when price goes over previous bar high.

ISn't this a problem for backtesting accuracy ?
How do you deal with this ?

Thanks;
Brak

I don't think it's an issue for backtesting when using daily or minute bars. I understand there is an issue if using tick charts. However, your comment about placing an order over the previous bar high may be an interesting idea to test.

I don't trade this system. It's simply an interesting idea I found and thought others would be interested in seeing it.

Jeff

[ALBULA]

Hello Swansjr,

thank you for the strategy.
Do you know this Key Reversal Up strategy in Common Technical Analysis Language (CTL) ?

Thanks,

Albula

[flyingdutchmen]

systems like this one do not tend to do very
well with a fixed stoploss or profittarget, it does not give them
any sensetivity to changes in volatility.
i would recommend use a x-percent of the atr for both sl and tp,
it will give the overal performance a boost

[swansjr]

Originally Posted by ALBULA »

Hello Swansjr,

thank you for the strategy.
Do you know this Key Reversal Up strategy in Common Technical Analysis Language (CTL) ?

Thanks,

Albula

Sorry, can't help you with this. I only know EasyLanguage.

[swansjr]

Originally Posted by flyingdutchmen »

systems like this one do not tend to do very
well with a fixed stoploss or profittarget, it does not give them
any sensetivity to changes in volatility.
i would recommend use a x-percent of the atr for both sl and tp,
it will give the overal performance a boost

You might be right. My best performing automated strategy uses both a fixed profit target and a fixed stop loss. Both parameters have not been modified in over 18 months. I've yet to find a dynamic target or stop that produces better performance on a net per trade basis.

In short, it's important to test all options.

[flyingdutchmen]

i am sorry swansjr, i have just read your complete
el script and have viewed your range based target,
i guess i was a litle fast with my previous comment