SRDC - Support Resistance on Daily Candle

trading strategies and money management discussion, code, results

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TheRumpledOne
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Postby TheRumpledOne » Fri Feb 09, 2007 5:59 pm

Ed:

Look at the input:

Highd(0) - Highd(1) > .0011

That is TRUE went Today's High minus Previous Session's High is greater than 11 pips and FALSE otherwise.

What that means is it only counts when you would have made 12 pips or more!

The indicator does NOT factor in those days when you would have NEVER taken the trade. But what you can do is run the indicator for HIGHD(0) - HIGHD(1) > .0000 and divide that result into the first result to get the winning percentage.

You'll see it's over 80% win rate.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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eudamonia
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Postby eudamonia » Fri Feb 09, 2007 6:39 pm

Avery,

Ah, of course that makes sense. I was thinking too hard about it! Thanks for clearing that up for me.

Edward
Eudaimonia (pron.: you-die-moan-e-a) (Greek: εὐδαιμονία) is a classical Greek word commonly translated as 'happiness'. The less subjective "human flourishing" is often preferred as a translation.

dot
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Postby dot » Sat Feb 10, 2007 12:49 pm

SRDC looks promising - even if you take into account losses, the key to stable gains in FX is steady growth of account not one time gains.

But i would like to look at results from a live account :) that would explain all.

The key to constant profitability is a frequency of losses and a good money management. the exact VAR value at risk should be calculated taking into account F.

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Postby TheRumpledOne » Sat Feb 10, 2007 11:54 pm

HI Dot:

I always tell people to focus on THEIR TRADE, THEIR ACCOUNT AND THEIR PORTFOLIO and NOT be concerned with what others are doing.

The name of the game is to make money, plain and simple. So if you want to trade SRDC, then trade it, focus on YOUR trade and forget about what others say/do.

Use YOUR money management, stops, profit goals, etc... what I or others do is irrelavant to your bottomline.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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dot
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Postby dot » Sun Feb 11, 2007 10:47 pm

Thanks for your answer TheRumpledOne I understand your point :)

I'm not trading SRDC at this time, I believe that your is better and more mature :)

Im interested in the data because having win/loss ratio I can calculate proper MM for this strategy. My scientific mind is hungry... :)

Maybe do you have data from your $Trilion strategy? Not necessarily live...
Any... The more data the better ... :)

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TheRumpledOne
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Postby TheRumpledOne » Sun Feb 11, 2007 11:40 pm

I posted a MONEY MANAGEMENT EXCEL file today.

History and backtesting have nothing to do with what's going on with your open trade! ANYTHING CAN HAPPEN.

What matters is how you manage that trade.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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molytano
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Postby molytano » Fri Feb 23, 2007 5:25 am

what is sdrc
and can you put eld code thanks
molytano

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Postby TheRumpledOne » Fri Feb 23, 2007 5:42 pm

Hi Molytano:

You can go to www.forexsrdc.com and learn all about SRDC there. Tell them you heard about it from www.kreslik.com ... LOL!

SRDC I is very similiar to my $TRILLION strategy.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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