Re: Very Disappointed
Wiseambitions (and a small group of core FMT'ers) is the sole reason this is a 1000+ page thread. Their detailed research is always pleasure to read and invaluable. With you having only a few posts under your belt and nothing substantial to contribute except pointing out...
Great backtests, thanks for sharing. I saw the 'ADD' mentioned with the latest settings Desert Eagle II and the combo, e.g. 23ADD. Is this BE + 23 pips?
Not important for the results, but I see little typo at the Desert Combo (Long): shouldn't it be 41SL 17TP 8BE 23ADD?
Thanks wiseambitions for all the analysis and comments. So what we can conclude with your interesting test is that the optimal TP's for long (or short) are different. I was wondering whether you or someone else could possibly find these optimal short/long TP values with a backtest?
Thanks for the info! What confuses/mystifies me is that your settings yield around 1000 pips more than the standard FMT settings last year, while this should haven been known already after many backtests by FMT members during the many discussions here? :confused:
The two reasons I can find...
Pierre2 explains it some pages back:
London always open at 8 london time(in winter is 8 gmt, in summer is 7 gmt)
Europe and London have changed hour this morning; if the broker change also, we dont have to change nothing; if the hour broker dont change we have to add one hour at our old EA setting
IMO it's best not to fiddle / reflect on possible changes of FMT after just a loss? The strategy was running exceptionally well last week and has been tested in the long run. Also, there is a filter when we're having large ranges before the entry.