..on live account, might shut it down till next week again
In my opinion, the first two weeks of January are for back testing the system. I plan to trade with the TMT EA on January 17th. If I get up early enough, I may trade manually next week.
..on live account, might shut it down till next week again
I'm on demo and so far have been getting BE+pips 5 on Dec. 30th, Jan 4 and Jan 5.
Has anybody tried setting their stop loss to B/E as opposed to -40? Obviously we will get a lot less trades but in theory you could set your lot size as high as margins will allow so when it does go in your direction the profits will be massive.
I also have Breakout Genius and compared the two. BG opens only at 5:45 and it had about 5 less pips (approx) in earnings than Turbo when I was using 6:00 as the opening time. However, this week BG went to full stop loss.
On 12/30 Turbo opened the trade at 6:00 and closed earlier than BG by 15 minutes.
On 1/3 Turbo no trade, BG went to full SL.
1/4 Turbo opened the trade at 6:06 and BE w/pips and again closed earlier than BG. BG went to full SL.
1/5 Turbo opened at 5:50 and BE w/pips and closed earlier than BG. BG went to full SL.
I'm also testing Eur/USD at 6:30 using Turbo and today it BE w/pips.
yes, you need to re-download from same page you got the prior TMT from. it may still say version 1.2 on the download page, but it is version 1.3.
OK so I have now thought of 2 ideas.
A) 0 pip (+spread) stop loss for totally loss less trading
or b) A hedge setup with 2 TMT's trading in the opposite directions with 20 pip SL's.
Can somebody backtest these 2 ideas as I can only get 60% modeling quality when i try it on mine.
Mine too - confused me though as it splits the trades and the comment loses the 'TMT' bit.