Hi @TooSlow, I believe you mentioned in this thread that you don't take every setup. Can you elaborate on the things you consider before deciding to take a setup or not, beyond the mechanical rules in the first post? I tested applying the rules ...

Highest Open / Lowest Open Trade

Check out the concept of “stylized facts”. Even in uptrending markets, there are pullbacks, so going short against the trend can work still.

A Simple Mean Reversion Strategy

Assume or use a huge stop loss that's unlikely to be hit relative to your trading chart timeframe.

A Simple Mean Reversion Strategy

You can probably get 80% of the results by limiting new entries to only NY session hours, and trading a small set of names that have no or low direct correlation to each other. That will make the system easier to trade.

A Simple Mean Reversion Strategy

Not so much a typo, more so not being clear. Spreads are relatively fixed during active trading periods, so as you go lower in time frame, the spreads as % of gross profit goes up. But at the same time, lower time frames gives you more trades, so ...

A Simple Mean Reversion Strategy

In my backtests I found the lower in time frame you go, the greater the impact of trading costs relative to the gross profits, that may not be offset by higher trade frequency. 15m generated better numbers than 5m and 1h backtests.

A Simple Mean Reversion Strategy

@TooSlow: From post #1: I HAVE READ POST #1 AND THE EXAMPLE LINKS BUT I STILL HAVE A QUESTION I'm finding that if I take the conservative path when prior and current day's highs and lows are taken out, that I don't see many trade setups. Here's my ...

Highest Open / Lowest Open Trade

Yes, I asked the web to to figure out how far away from the 200MA is a good entry point, but not so far that's its a bad entry point (per what Riskcuit wrote). There are plenty of suggested methdologies to choose from, I just picked one and ran with ...

A Simple Mean Reversion Strategy

1. Mostly yes. 2. Mostly the same ones as Riskcuit posted. 3. Mostly yes. Overall the general direction and relative magnitude of the results I feel are mostly accurate, but on an absolute basis they probably overstate actual trading due to slippage ...

A Simple Mean Reversion Strategy

Also @Riskcuit, how did you go about developing this strategy? I've tested adding other filters, to try to filter out the losing trades, but none of my filters improved the performance of the strategy.

A Simple Mean Reversion Strategy

@Riskcuit, thanks for sharing your strategy. I backtested the strategy over past 4 years, and here's what I found (see screenshot). It assumes risking 1% of equity per trade, executing on the 15m chart time frame. Are these figures in line with what ...

A Simple Mean Reversion Strategy

Thanks for sharing your strategy @Heretotrade !

My scalping strategy using EMA's

Hi @MachineLearn, in case you missed this ... looking forward to your thoughts about my questions! Thanks.

Liquidity Pool Trading Strategy

Hi ML, Thanks for sharing your strategy. Are you taking every setup you see per your opening post? If not, what other filters are you applying, to decide which ones to take, and which ones to pass on? Thanks for the color!

Liquidity Pool Trading Strategy

thanks for the examples!

Scalping System by Machine

Can you please expand on the success factors that come from outside the chart, and perhaps share that examples that illustrate what you mean by focusing on yourself? Thanks!

Scalping System by Machine

Hi MachineLearn, can you share some color about how you and your mentor developed the system, options you two considered, and how you settled on this final version?

Scalping System by Machine

I don’t think my backtest results will be all that helpful to you. As mentioned before, due to subjectivity, your backtest results will most likely be different from mine. But the two nuances I flagged might be worth looking at in your own ...

Scalping System by Machine

I just finished my detailed backtest for June -- 128 trades across all trading hours, avoiding red folder news when possible. One thing I noticed is that the trades I took that were in line with the LTF and HTF trend worked better than those that ...

Scalping System by Machine

If you're outside of the US, check out forex prop firm The5ers.com ... their spreads are probably tighter than your brokers -- 0 or 0.1 pip spread on EU. If you're in the US, check out Alpha Capital, they are accepting US customers, and their ...

Scalping System by Machine