There are many types of tests. A SO is one of them or to be more precise, a test can also be a SO . As I said earlier, stick with the basic test. It will serve you well.

vsa with Malcolm

Quite right thanks for that. Sorry inks, I had meant to include this link in my previous post. You will find that some traders make testing far more complicated than it needs to be. If you stick with the basic test you wont go far wrong.

vsa with Malcolm

LOL so a test is any volume on any bar except one that closes near the low?

vsa with Malcolm

Just for interest sakes. With those figures and a risk of 10% per trade(which is unadviseable for most of course) your expected winings per trade 3.3% which equates to 6.5% - 10% depending on 2 or 3 trades per week. The draw down might get you tho. ...

vsa with Malcolm

Careful you dont get too greedy and start losing more than you gain. I too am looking for ways to let trades run but, I'm finding it difficult to find reliability. What is your win:loss ratio? If it's quite good, you can up your risk a bit in order ...

vsa with Malcolm

Maybe he can break out the monkey

vsa with Malcolm

Thanks

vsa with Malcolm

Just beware of this

vsa with Malcolm

The first bar would be a down bar the wider the better into fresh new ground closing in the bottom 1/3. The 2nd bar would be an up bar with a spread at least as wide as the first, makes a higher low and closing as close to the high as possible. It ...

vsa with Malcolm

Your bars dont open at the close price of the previous bar.

vsa with Malcolm

Just noticed, your bars have lots of gaps between each bar, why?

vsa with Malcolm

Your 2 bar SO is not such. The 2nd bar however, is a SO on it's own(would like to see it close a little higher up its spread but its ok in that scenario)

vsa with Malcolm

Very nice. Better SL placement. Better still is 2 pips below the swing low @3739. Dont forget to add in your spread to the 1:1.

vsa with Malcolm

Ok thanks for that.

vsa with Malcolm

What makes you think there are algo traders here....what gives it away?

vsa with Malcolm

Nice post. I carry out a similar process when I have a failed trade. I dont find it easy going over stuff I had got wrong. Sometimes I find myself thinking I got it right and the charts are wrong but then I come to my senses

vsa with Malcolm

I'll take it on approval.....and I don't mean the p90x

vsa with Malcolm

Ah ya can't win them all. Hope you limited the loss.

vsa with Malcolm

LOL

vsa with Malcolm