Hi FXP,Sorry for the late reply, I've been busy elsewhere The spreadsheet has been setup for use with USD accounts. I have to say that I learnt a lot from setting up the spreadsheet Feel free to look at the existing formulas to see how to ...

Firehorse's trading spreadsheet

Hi,In the top right of each post is a picture of a triangle with an exclamation mark inside it. Click on that to report spam. Thanks Best regards Alan

4 Hour Strategy (MACD)

Hi, url Best regards Alan

Hello from a Noob

Hi,This would give a better indication of how the system would perform. If you use the data from 2003-2007 to derive a system and then apply the system to the same data, it means you are trading with 20/20 hindsight. Try using the data from ...

Two-Stroke System (Mechanical Price Action +300 pips per month)

Hi Turbo,I'm sorry to hear that. You have my condolences. Best wishes Alan

Turbo's Journal

Hi, After posting you will get a chance to put in what you want to be in the poll. Best regards Alan

How can I post a poll?

Hi,There was never a problem with posting the charts here. Best regards Alan

The View DownRiver

url

Forex Trading Strategy

Hi,With small targets and stoploss, spread becomes a large factor. Just make sure the spread is fully accounted for. Best regards Alan

A System i'm working on

Hi,This is only true if the system has a fixed stoploss and profit for 2:1. If a system has an average of 2:1 then in theory, some of the wins will be bigger than 2:1 and it could take less than 6 consecutive wins to make up 10 losses. Risking 2%, ...

Random entry proves strength of money management.

Hi,Good reply except please leave out things like "maybe your english isnt so good?" in the future. I've seen flame wars start over less. Best regards Alan

Living Off Fx

Hi, Please clarify if this is wrong. Pipple asked the question 'why not'. Bemac - Assumed 'Winner's attitude => double account', then stated "Doubling is easy". And misunderstanding followed. Best regards Alan

Living Off Fx

Hi,Just to clarify. Taking profits 'early' is not a good idea. That comes from fear. Taking profits late is not a good idea. That comes from greed. If taking profits 'early' is more profitable (over the longer term) than taking profits according to ...

What do you think the best Stop Loss is for daily trading? I say...

Hi,Agreed After thousands of hours looking at backtests of various systems, one conclusion I've come to is that taking a profit too early will in the long term ruin a system's profitability. For a particular system, you need to max out ...

What do you think the best Stop Loss is for daily trading? I say...

Hi, You might want to watch that 77.26% drawdown Best regards Alan

Histogram Trading

Hi, I would go through the trades generated by both backtests and manually compare them against the data and see if they are accurate trades generated by the backtesting. It could be for the parameters, timeframe and period of data tested, the ...

Lost all faith in back tester

Previous results in spreadsheet — Hi TKimble, Thank you for posting your system and your results. Your system has risen to the top of my pile to backtest However, like some other members here, I’ve been unable to duplicate your backtest ...

Part Time Wealth Building Trading System - Weekly Scalping

Hi goodthings, A very interesting post. Could you clarify if the 10pips include 5 pip spread? e.g. price moved 15pips to get you net 10pips. "Say you lost 30 pips on every bad trade which to me is a lot if you use good common sence in your trading". ...

GBP Patterns, Facts, Trivia

Hi,I've seen systems double their maximum drawdown percentage between 100 and 200 trades (for a single currency) so I don't believe 12 trades gives you sufficient information to determine a systems drawdown and performance characteristics. I believe ...

666 - My Personal Journey Out of Hell