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Old 12-11-2006, 07:58 PM
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topchess topchess is offline
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Join Date: Dec 2006
Location: Cairo, Egypt
Posts: 328
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Let us redraw this all over.

Our goal is to protect profit and do not let losses run.

We will test the following model from now on.

Entries: when the four indicators line up in one direction on the basis of candle close (usually SAR will signal first, then MAs, adx, rsi)

Take profit: 10 pips trailing stop.

Stop loss: when SAR give an opposite signal. This, to limit losses, and allow us to re-enter later if it turned back. (we won't depend on RSI cause sometimes it bounces a lot around 50 area)

I know this model, we can get many whipsaws in a non trending market, but I have to test it for a week at least on all conditions with same rules, and following every signal to know the net P/L.

Last edited by topchess; 12-11-2006 at 08:12 PM.
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