What is inferior about entering a position that has at least a 60% chance of winning?
It is inferior because it should be between 93% and 97% most of the time. That's what makes 60% inferior.
The problem here, is that anyone having coded an EA of the RAT Rules, already understands why this methodology is inferior, but you keep posting charts on forums all over the internet, as if none of the set-up are losers and that's just plain ole dishonest.
The market trends (on average) less than 38% of the time, TRO. Unless your RAT entry method is joined with trend-reversal AND continuation of that reversal, you lose - period. This should be extremely easy to understand, but for some very odd reason, the Newbie who runs into your stuff online, gets blinded by the massive number of carefully selected photos you post showing nothing but winners, when roughly 62% of the time - that can't possibly be the case
given the current state of the RAT Rules.
Now, if you were to change the RAT Rules and add appropriate filters, then the win% goes up, but the signal availability
goes down. That's not necessarily a bad thing, but you FAIL to tell the Newbie that fact. It is physically impossible to properly pick a top or a bottom in a SIDEWAYS market and the market is sideways, approximately 62% of the time, absent anomalistic bullish or bearish markets that are typically caused by larger non-standard time-frames breaking into new highs or new lows.
The RAT Rules call for a 10 pip stop and an undefined take profit level, on a 1 bar break-out pattern from within 20 pips of the market extremes - that's it. With that set of parameters, there is absolutely no way to survive without a reversal pattern continuing either Long or Short, to a point where the trader has time to figure out where they should take profits. The problem with that, is the fact that the take profit level is
undefined. By definition, that means that it is impossible to optimize profitability - not even remotely possible. And, the undisclosed bi-product of not being able to optimize the take profit level, is the increase in stop levels being encountered on a higher percentage basis, because the trader waited around inside the Kill Box too darn long, not knowing what else to do.
So,
1) Either you are not fully disclosing the RAT Rules in full detail (waiting for the Newbie to make a Donation for more cheese).
or...
2) The RAT Rules are inherently flawed.
Which, is up for you to decide, TRO. Are you selling it - or are you actually trading it. And, if you are trading it, then why not automate?
Your typical response is that you are not an EA coder. Well, guess what. You don't need MQL for a set of parameters as simplistic as the RAT Rules. Instead, you can easily automate the RAT using FX Dialogue's Mexcel Trader and execute your RAT trades directly against the MT4 Server from
within Microsoft Excel. So, no more - I can't code an EA - excuses. You no longer need to.
So, what's the reason for not automating this? Do you like sitting in front a computer all day, keying in Entry Orders, Stop Orders and manually stressing out over when to click the mouse to take profit?
This entire thread insults the intelligence of anyone seeking honesty in trading. Now, you've recently found yet another forum (I can't recall the name right now) where you have spammed its server with "NEVER LOSE AGAIN!" balderdash. When does it end with you? When does the Newbie get to stop having to dodge your RAT droppings?
I've said this before and I'll say it again. I have absolutely no problem with your trading method. None what so ever. Who in their right mind would have a problem with trading from the bottom or trading from the top of any market. Nobody has a problem with that, TRO. What I have a problem with are the parameters (trade rules) that you've established for the entry, which the Newbie, doesn't yet know enough to realize just how deceiving and destructive things will get, once they run head first into a horizontal market, wearing a Bullish or Bearish wet suit!
You talk about Draining the Banks. Well, the Newbie Trader will be the one getting drained by a Horizontal Market, when that 62% structure comes whipsawing around the corner, like a Kansas City Tornado with a take no prisoners attitude.
It ain't all up and it ain't all down. And, when she gets sideways, that RAT gets eaten alive.
