Attachments 3 and 4 — The forum seems to only allow 2 attachments per post. Here are attachments 3 and 4 from my previous post. David

Heiken-Ashi System

Martingale vs fixed size betting — Consider a system with 50% win expectancy (e.g. a coin toss, where "heads" represents a win). Let's bet using the Martingale across 3 trials, i.e. start with an initial stake of 1, and double every time a ...

Heiken-Ashi System

Simple trend filter for BAT system? — Sorry, I haven't made the time to test this idea, but I post it here, in case anybody wants to investigate further. I actually thought of this some time back, but was too embarrassed to post something that ...

The Bat...a strategy by Team Aphid

Profitable exits with regard to BAT — This thread is about discussing and improving the BAT method, and I don't want to hijack it. Will try not to digress so much this time. I've already posted my thoughts on BAT (see posts #145, #191 in this ...

The Bat...a strategy by Team Aphid

Types, and variations, of trading system — AverageYuppy, I’ve reached exactly the same conclusion as you have, after 5 years of R&D. Put suitably calibrated Bollinger bands on a chart: 1) When the market is ranging, prices bounce between the ...

The Bat...a strategy by Team Aphid

Drawdowns — Off the BAT topic, but in response to posts #175 thru #184........ Generally speaking, most systems are designed to perform in either a trending, or a ranging, market. Systems incur drawdowns when market conditions become ...

The Bat...a strategy by Team Aphid

Some early feedback on BAT system — TA asked for feedback. Here are my initial thoughts. These are very general in their nature; I haven't done any testing. I like BAT’s simplicity and precisely defined nature, as it allows for objective usage ...

The Bat...a strategy by Team Aphid

Markj, here is my understanding, referring to my annotations on your chart below. Enter 1 lot (“trade #1”) short at point #1. Protective stop is at magenta line (added by me, and supposed to be 10 pips above swing point, but not necessarily drawn to ...

The Bat...a strategy by Team Aphid

Sequences of losing trades — The Fibo method is less risky than the Martingale in the sense that the steps ascend more slowly. For example, the twentieth Fibo number is 6,765 while 2^19 = 524,288, which differs by a significant order of ...

Heiken-Ashi System

Underlying formula for Heiken_Ashi_Smoothed.mq4 indicator — For anybody interested, here is what the Heiken_Ashi_Smoothed.mq4 indicator does. The parameters are: MA Method & Period (period=number of bars) for moving average #1 MA Method & ...

Heiken-Ashi System

MT4 navigational (and other) tips and hotkeys — Hi all Sorry if I'm repeating material that's already been posted, but I've had a quick look through the threads here, and haven't found anything too similar. Anyway, I hope that new MT4 users ...

MT Information (Programming, Backtesting, Tips ...)

Hi Gavin Forum rule #2 forbids me to discuss any product, so I will try to keep my comments both general and brief. Despite hype and a certain amount of “techno mystique”, neural nets are definitely not the Holy Grail. However, although they ...

Systems and vendors

Thanks to everybody for your feedback — Thanks to everybody for your feedback. JohnW: Over the years I’ve had several vendors mail me incessantly with their sales pitch. But when I suggest that they have their systems independently tested by ...

Systems and vendors

More general thoughts on systems — Dial, thanks for the welcome. I’m confident that the vast majority of vendors make more money from their system sales than they ever did from trading. The question “if he is making a fortune trading his own ...

Systems and vendors

Hi Dottore Let’s say for example that a sequence of 100,000 losses would ruin the casino. The probability of ruin (whatever it might be) is exactly the same, regardless of whether the 100,000 losses are incurred consecutively (e.g. 1 table operating ...

concurrent uncorrelated positions

Measuring entry/exit performance by pips gained/lost — Hi all I’d like to follow up one of my earlier points, by using the following example. Trader “A” opens 1 long trade (size = 1 lot) on a currency pair, buying at 1.3400 and selling at ...

Systems and vendors

Entry timing examples — Re my previous post, I will try to demonstrate what I mean by all systems or indicators delivering much the same message, and how it is simply a case as to how early or late during the emerging trend, the entry signal ...

Systems and vendors