Discussion of article "Money-Making Algorithms Employing Trailing Stop" - page 3
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And then, if the price goes to TR, we trawl SL and TP there, and when it turns, we take it in pincers. We can't wait for it to go negative again and find the SL. (:(( Trawl increases the chances of winning, besides, the TP set after opening a position inevitably becomes outdated by the parameter, as the price changes its activity all the time. In general, it is necessary to put SL and TP in case of a connection breakdown, and the position has a better chance to close on SL. And the trawl leads us to what we want! Doesn't it?
My posts were referring to the author of the article due to the fact that there is no comparison in the article between systems with trawl and the same systems without trawl, if these systems have SL and TP. I said nothing about the usefulness or uselessness of trawls.
I have already written about the transfer to breakeven before, it is put it from the fear that the bet will not play, make more flexible systems and BU will not be needed.
As for trawling in general, it was already said above, when trawling stoploss is reached more often than take profit (according to statistics), and this respectively cuts the profit and increases losses. Even if sl is moved to BU you still get less than when tp is reached. Hence mat. expectation falls.
It is already difficult to win back your money from the market, and here we play a giveaway with our own hands.
In the BU the stop is moved according to the parameters that change depending on the data of volatility indicators, as well as further trawling of SL and TP. I intervene with my hands in extreme cases.
joo I apologise if it came out in the wrong way!
In the CU, the stop is moved according to the parameters that change depending on the volatility indicators, as well as further trawling of SL and TP. I intervene with my hands in extreme cases.
joo I apologise if it came out in the wrong way!
Justify your logic of transferring to BU ?
As for me, if a decision is made to move a stop to a BU, it is better to take profit at this point, or to reconsider the point of profit taking.
Justify your logic for transferring to BU ?
As for me, if a decision is made to move a stop to the CU, it is better to take profit at this point, or to reconsider the point of profit taking.
I don't get your MNU!
-Lady, there's a fly on you.
-It's not on you. It's on you.
-On me?
-Girl, there's a fly on you. -Woman, there's a fly on you.
-Not on you, on you.
-On me?
I don't understand your MNU!
Justify your logic of transferring to BU ?
As for me, if a decision is made to move a stop to a BU, it is better to take profit at this point, or to reconsider the point of profit taking.
Come on, I don't get your humour! Probably 2 hours time difference from Moscow and 20 years already here....
On the topic: I don't make a decision, the EA moves stop to CU according to changing parameters depending on volatility readings. Of course, there is no guarantee that the position will close on the TP, which moves ahead of the price like a bundle of hay in front of a donkey, but it is better to close on the SL, following the price, than to close immediately on the first plus. I leave this for pip traders.
Come on, I don't get your humour! I guess it's the 2 hour time difference from Moscow and 20 years already here....
On the topic: I don't make a decision, the Expert Advisor moves the stop to the CU by changing parameters depending on volatility readings. Of course, there is no guarantee that the position will close on the TP, which moves ahead of the price like a bundle of hay in front of a donkey, but it is better to close on the SL, following the price, than to close immediately on the first plus. I'll leave this for pipsers.
Well, if you've got your head in the sand, then good luck. I won't embarrass you any more with my speeches.
You have some strange TPs - usually (again, among the strategies I've come across) the optimiser takes the Stop/Profit ratio far away (5-10 and even higher). But yours is the opposite. What were the testing ranges?
You should write an article. So much confusion. The testing range was 2006-2012, if that is what the question is about.
In my understanding, a profitable ratio of Stop/profit =1/5 on trend rates (EURUSD) and Stop/profit =5 on anti-trend rates (GBPUSD). But it is a pain to find the optimum with the optimiser. Without a random entry or any other means, you will surely fall into fitting to the history.
You can't say "... the optimiser takes away the correlation..." without a detailed description of the details. All the dogs are buried in the details.