i think before you focus on the exit being too simple, we should find out what sort of rules and filters were used for entering and adding positions This approach will not work if you do not stack on positions as the opportunities present ...

The DIBS Method... No Free Lunch continues

Timeframes..... — when using inside bars, every different timeframe and moving average exit method is going to have a different mathematical expectancy associated with it. You could use 90 minute bars if you wanted to and be successful at it ...

The DIBS Method... No Free Lunch continues

turtle sizing i see.........

The DIBS Method... No Free Lunch continues

in my testing, i took every IB, so in the case where there may be 2 or 3 ib's in a row - a pennant - I took each IB

The DIBS Method... No Free Lunch continues

all that means was that the timings/sequences of the breakouts/moves were not in line with they method, much like how a player can go on a hot streak in a casino (assuming you are the casino here) even when the odds are not in the players favor. The ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

do you have a crystal ball that tells you when the range is going to break? Part of the goal of dibs is to get in a trend near its beginning and start to build a position as the trend grows....you have to accept that there are going to be some ...

The DIBS Method... No Free Lunch continues

was this the maximum that you could have put on or just the maximum that the trends/Ib's would allow?

The DIBS Method... No Free Lunch continues

1. did you build positions along the way as price trended - adding positions as new inside bars present themselves? 2. What was the gross pipage - losers too

The DIBS Method... No Free Lunch continues

Dibs is just a frame work for acurately marking off risk and controlling over trading as entries are only as often as the pattern occurs. There are other set ups that provide the same situation.........here is one: throw up a Donchian ...

The DIBS Method... No Free Lunch continues

were you building multiple positions in your test? adding on as new inside bars form? it looks like you were looking at a 3 hour window each day.......

The DIBS Method... No Free Lunch continues

i back tested 10 years of daily bars for the gu - two different trailers one over 20 days, the other over 50 days over 10 years - total pipage was in the 5 digits for both.......

The DIBS Method... No Free Lunch continues

what was the pipage on these trades.......also, I probably would not trust anything other than a manual backtest, unless the basis for the test is actually tick data

The DIBS Method... No Free Lunch continues

do you realize how many traders would kill for an equity curve like that........1 year of trading on 5 pairs............so about 250 trades........and you still have an account left I have an account for just FSP. Started with 1000 dollars about ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

I am too much of an idiot to write software code.....by the time i figured that out, I would have been done the manual back test One thing I forgot to mention on the back test routine is that sometimes, when price hits both a entry point and stop ...

The DIBS Method... No Free Lunch continues

1.82 - that is insane.... backtesting First find out if your method has a positive expectation 1. get a chart for a particular time frame 2. download the historical data from the chart in excel/csv -date/o/h/l/c 3. determine your entry and exit ...

The DIBS Method... No Free Lunch continues

hey if you have already done your tests and it works for you all the power to you. I just believe in doing as little work as possible My goal in life from now on is to produce nothing of value......... I will say this though, when I trade the ...

The DIBS Method... No Free Lunch continues

In trading, we do not talk in terms of certainties, we talk in terms of probabilities and I can safely say, after exposure to level II trade data, I can say that with a great amount of confidence that a larger position size has a greater probability ...

The DIBS Method... No Free Lunch continues

time frame........... — does not matter............as long as you are consistent in the application of your trading strategy/plan I use the same basic strategy on the daily fx charts as I do on 1m equity charts. The only difference is the ...

The DIBS Method... No Free Lunch continues

The intent of mentioning the amount of capital available was to infer that the trader with the smaller amount of capital may not be able to size properly to play a strategy like the Turtles. Additionally, the smaller player, with a small amount ...

The DIBS Method... No Free Lunch continues

yes, but thank god 90% of traders have no clue of the difference between these two different forms of strategy and their implications for trade management

The DIBS Method... No Free Lunch continues