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This statement is relative to SYSTEMS design. Profit comes from LONGTERM systems from the ability to gain high R/R ratios. This is achieved by finding the BALANCE between staying in a trade long enough to gain MULTIPLE R/R (Reward to Risk Ratios) and not giving back to much during the process.
The 180day M/A of the low is the best I have found so far.I have tried many others--ATR included.Remember BALANCE and SYSTEM design.

Not following here the SYSTEM as discussed on Reef,doesnt and hasnt changed.

Again not following its as above and never altered.

Coyotte you really do need to read and understand my posts god knows I try and make them as clear as possible.
So AGAIN The system (infact any system will if designed properly) have a set of NUMBERS returned during testing. In particular montecarlo testing will give Maximum and Minimum results (Numbers) from the average mean over the test period/systems design and universe chosen.
It is from THESE numbers we know in TechTrader that the MAXIMUM--- Peak to Valley drawdown of over 20000 portfolio tests is approx 20% Infact I think its 23% (without checking) if Techtrader EVER trades with a maximum peak to Valley drawdown of over the maximum % returned in testing I personally will be stopping trading the system---I'll exit ALL positions.

What will be happening is that the system will be entering trading territory not seen during testing---you would be trading BLIND.
This is completely seperate to the mechanics of day to day trading and ONE of the main reasons you test and have NUMBERS to go by.

The above should make thing crystal clear to you.
My comments on M/A's for discretionary trading are as you state---bloody useless---to slow.Most indicators are the same. Your not looking at APPLICATION of technical indicators and most (Possibly not yourself) have no idea of correct APPLICATION (When and how to apply an indicator into their trading.) frustration abounds with INCORRECT use,POOR application and incorrect application relative to a vast number of variables. Only experience can and will reward those who spend the time to learn---profit.

This statement coyotte my friend only CONFIRMS my point.
Read the above you just DONT SEE IT
Its a long long road---Ive been 12 yrs on it and STILL honing skills learnt from experience.

<blockquote data-quote="tech/a" data-source="post: 136997" data-attributes="member: 257">This statement is relative to SYSTEMS design. Profit comes from LONGTERM systems from the ability to gain high R/R ratios. This is achieved by finding the BALANCE between staying in a trade long enough to gain MULTIPLE R/R (Reward to Risk Ratios) and not giving back to much during the process.The 180day M/A of the low is the best I have found so far.I have tried many others--ATR included.Remember BALANCE and SYSTEM design.Not following here the SYSTEM as discussed on Reef,doesnt and hasnt changed.Again not following its as above and never altered.Coyotte you really do need to read and understand my posts god knows I try and make them as clear as possible.So AGAIN The system (infact any system will if designed properly) have a set of NUMBERS returned during testing. In particular montecarlo testing will give Maximum and Minimum results (Numbers) from the average mean over the test period/systems design and universe chosen.It is from THESE numbers we know in TechTrader that the MAXIMUM--- Peak to Valley drawdown of over 20000 portfolio tests is approx 20% Infact I think its 23% (without checking) if Techtrader EVER trades with a maximum peak to Valley drawdown of over the maximum % returned in testing I personally will be stopping trading the system---I&#039;ll exit ALL positions.What will be happening is that the system will be entering trading territory not seen during testing---you would be trading BLIND.This is completely seperate to the mechanics of day to day trading and ONE of the main reasons you test and have NUMBERS to go by.The above should make thing crystal clear to you.My comments on M/A&#039;s for discretionary trading are as you state---bloody useless---to slow.Most indicators are the same. Your not looking at APPLICATION of technical indicators and most (Possibly not yourself) have no idea of correct APPLICATION (When and how to apply an indicator into their trading.) frustration abounds with INCORRECT use,POOR application and incorrect application relative to a vast number of variables. Only experience can and will reward those who spend the time to learn---profit.This statement coyotte my friend only CONFIRMS my point.Read the above you just DONT SEE ITIts a long long road---Ive been 12 yrs on it and STILL honing skills learnt from experience.</blockquote>

[QUOTE="tech/a, post: 136997, member: 257"] This statement is relative to[B] SYSTEMS [/B] design. Profit comes from [B]LONGTERM[/B] systems from the ability to gain high R/R ratios. This is achieved by finding the [B]BALANCE[/B] between staying in a trade long enough to gain [B]MULTIPLE R/R[/B] (Reward to Risk Ratios) and not giving back to much during the process. The 180day M/A of the low is the best I have found so far.I have tried many others--ATR included.Remember [B]BALANCE [/B] and [B]SYSTEM[/B] design. Not following here the SYSTEM as discussed on Reef,doesnt and hasnt changed. Again not following its as above and never altered. Coyotte you really do need to read and understand my posts god knows I try and make them as clear as possible. [B]So AGAIN[/B] The system (infact any system will if designed properly) have a set of [B]NUMBERS[/B] returned during testing. In particular montecarlo testing will give Maximum and Minimum results (Numbers) from the average mean over the test period/systems design and universe chosen. It is from THESE numbers we know in TechTrader that the [B]MAXIMUM--- Peak to Valley drawdown [/B] of over 20000 portfolio tests is approx 20% Infact I think its 23% (without checking) if Techtrader [B]EVER[/B] trades with a maximum peak to Valley drawdown of over the maximum % returned in testing I personally will be stopping trading the system---[B]I'll exit ALL positions.[/B] What will be happening is that the system will be entering trading territory not seen during testing---you would be trading [B]BLIND[/B]. This is completely seperate to the mechanics of day to day trading and [B]ONE[/B] of the main reasons you test and have [B]NUMBERS [/B] to go by. The above should make thing crystal clear to you. My comments on M/A's for discretionary trading are as you state---bloody useless---to slow.Most indicators are the same. Your not looking at APPLICATION of technical indicators and most (Possibly not yourself) have no idea of correct APPLICATION (When and how to apply an indicator into their trading.) frustration abounds with [B]INCORRECT[/B] use,POOR application and incorrect application relative to a vast number of variables. Only experience can and will reward those who spend the time to learn---profit. This statement coyotte my friend only [B]CONFIRMS[/B] my point. Read the above you just [B]DONT SEE IT[/B] Its a long long road---Ive been 12 yrs on it and [B]STILL[/B] honing skills learnt from experience. [/QUOTE]

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