Recent content by MHK

Optimized means, that i took the best settings from the backtest, not the suggested settings by Marc. Data is alpari live data from their NDD platform with a spread of 1.8 pips. All settings are in the report! MHK

I was always wondering why so few retail traders are successful. Here is the answer: Look at the backtest with optimized settings, using version 1.2 and complete history data. Why would anybody go and fix or add anything? This is as great as it can get! Just let it trade and keep the clumsy...

I think, that the first important task is to find settings for TMT at the standard FMT time, which outperform the current results of FMT. Depending on the quality of the backtest data and the spread of the chosen broker there are several good settings for TMT in order to outperform FMT. Keep in...

Mark even discloses, which broker he uses!(PFG Best) There is never something wrong to pick one of the best, instead of a crappy bucket shop. On a sidenote, i am trading in australia with GoMarkets and have equally good results. MHK

This system comes with very clear rules and a clear money/risk mangement. Risk: 2% of account equity per trade SL=40 BE=20 TP=35 If a trader deviates from these rules, different results have to be expected. Don`t you think, that Mark has done his best efforts to come up with these metrics...

Mark, i think, that you deserve all credit for developing this particular method and people should feel priveledged to own a legal copy of FMT. This even more so, because like other selfclaimed developers, you not only present a profitable method, you give on top your own results and settings...

Unfortunatly the download and conversion will take about 30h on a world class high end PC. MHK LOL------------per pair, per year

Source is easy: Dukascopy Difficult task: Convert these data into MT4 I have posted a link, which needs admin approval first. So patience is required. In the meantime, that should give a clue about real backtesting...

Maybe some fellow backtesters should read this first, before drawing conclusions: http://alansforexblog.com/2010/06/14/metatrader-backtesting-how-to-get-99-modeling-quality/ MHK

If those tests are run on the false and incomplete MT4 Metaquotes data directly downloaded into MT4, i just have one comment: I would not even bet my rosty bicycle on that................. Run with real tick data. MHK

A profitable system, like FMT needs one important skill on the operators end and that is very simple discipline. Many studies and long years of experience show two things: 1.As soon as a system methodology works well there will be smart cookies around trying to alter the system using it on...

Todays trade retested first the yesterday`s high and reversed to retest Asian session low. This is not an unusual behaviour. Adjusting trades or SL of a profitable system is a good technique for the experienced manual trader. That todays trade was stopped out with -2 pips was just a blip in...

Yupppppppp! And on a loser you are netting -80, while the standard loses 40. Afterwards, you need 2 winners to make your loss back and we only 1! Looking into history, 4-5 losses in a row are very possible to happen. While you than need 10 winners in a row............. But certainly you...

Seems to me, some do not understand my point! -"The system as is" is solid and profitable -any change to such a system must be carefully thought through(this seems a problem here) A. Setting up a seperate chart and trade with TP=20 and SL=40 does not give you any advantage, because your risk...

Agree 100% with the above statement. -current settings are best over the past few months -before higher TP settings was best -if a trader closes early on a regular basis i.E 22 pips and leaves the SL unchanged, he alters the system big time, because he changes the risk:reward ratio to the...