Kreslik.com - traders community since 2006

Thanks for the suggestion jhtumblin. I will give it a try after I overhaul my code for forward testing.

mrlogik: I don't have an FX data feed so I have not tried any FX pairs. I will release my code as soon as I am satisfied with its reliability and maybe you can try it for us.

Agreed. In a real trade, among other things, we wouldn't just wait for trades to go sour if they don't reach fibs 50%. I have basically hit the brick wall of backtesting here so I will work on getting this in for some forward testing. I'm sure the numbers will definitely be profitable in a forward t...

Okay this is disheartening. After fixing my calculation bugs this is what happened. 1st Hour http://kreslik.com/forums/userpix/2138_rimm_dynfibsr_fib50_1sthr_PROPER_2.jpg All Day http://kreslik.com/forums/userpix/2138_rimm_dynfibsr_fib50_allday_PROPER_2.jpg The net profits in both instances are nomi...

I've modified my code for the worst case scenario instead of the optimistic one I am currently using. Instead of considering the profit target first I am now considering the stop loss first. Basically if at any point on the trade bar the price passes the stop loss regardless of the profit target it ...

Here are the results of playing Dynamic Fibs SR on RIMM for only the first hour of the day. http://kreslik.com/forums/userpix/2138_rimm_dynfibsr_fib50_1sthr_1.jpg Here are the results of playing all day long. http://kreslik.com/forums/userpix/2138_rimm_dynfibsr_fib50_allday_2.jpg This is the strateg...

Yes I am. After I make some changes to the code though.

hey TRO for the 50% fib profit target what is your target if the trigger candle (candle before the one with the dot) closed above the 50fib. Basically what do you do when the Open of the trade candle (candle with the dot) is already above the 50fib of the trigger candle? I have some interesting numb...

The trigger was the bar before the bar with the dot. You should be prepared to enter on the bar with the dot before that bar starts building.

No no. The stats I generated here are not that sophisticated. It is just a very simple win-to-total trades ratio and win is defined by how many trades hit your scalping target. Basically the first case is if you required yourself to scalp at least $0.10 you would achieve this target 59% of the time....

If you only want to capture 10cents per stock http://kreslik.com/forums/userpix/2138_rimm_dynfibssr_010_1.jpg 5cents per stock http://kreslik.com/forums/userpix/2138_rimm_dynfibssr_005_1.jpg just breakeven http://kreslik.com/forums/userpix/2138_rimm_dynfibssr_000_1.jpg This one tells us just 9% of t...