• Jagger Graham posted a new activity comment 1 month ago

    Probably because of the smaller losses. There’s a good book called Trade What You See. Author uses a similar stop. Almost done testing 4hr EURUSD bats. So far expectancy/profit factor at 1/1.2 for the 1.13 fib and 3/1.5 for 1.27 fib stop. Could be a good one to test next for your fixed pip.

  • Jagger Graham posted a new activity comment 1 month, 1 week ago

    Are you pasting your data from somewhere else? Sometimes it doesn’t work if not formatted properly. Those are awesome results. How do you choose the fixed pip amount?

  • Jagger Graham posted a new activity comment 1 month, 3 weeks ago

    I can only get them to change when I alter my backtesting data. Like my entries and exits. Are you looking at your MM% change?

    • How do you get the Money Management part to work? Mine has never actually calculated, and I have the latest up-to-date Excel and what not.

      I just finished EURUSD on the 4-hour (FINALLY) and I got an expectancy of 3 with a profit factor of 2.1 going back to 2015. I reenter (based on my “broken pattern strategy” rules) and used the fixed pip SL. I…[Read more]

    • Are you pasting your data from somewhere else? Sometimes it doesn’t work if not formatted properly. Those are awesome results. How do you choose the fixed pip amount?

  • Jagger Graham posted a new activity comment 1 month, 3 weeks ago

    Does the money management section effect that? I thought it was based off win rate and risk reward.

    • It affects the expectancy but not the profit factor i think

      • I can only get them to change when I alter my backtesting data. Like my entries and exits. Are you looking at your MM% change?

        • How do you get the Money Management part to work? Mine has never actually calculated, and I have the latest up-to-date Excel and what not.

          I just finished EURUSD on the 4-hour (FINALLY) and I got an expectancy of 3 with a profit factor of 2.1 going back to 2015. I reenter (based on my “broken pattern strategy” rules) and used the fixed pip SL. I…[Read more]

        • Are you pasting your data from somewhere else? Sometimes it doesn’t work if not formatted properly. Those are awesome results. How do you choose the fixed pip amount?

  • Jagger Graham posted a new activity comment 1 month, 3 weeks ago

    When I started back testing 2019 was the last full year I had so I’ve been doing 2010-2019. Now I’m debating for future pairs doing 2010-2020, 2011-2020, or just roll with 2010-2019. Trying to keep the years consistent to compare data but also want the most recent data.

  • Jagger Graham posted a new activity comment 1 month, 3 weeks ago

    Unfortunately no. Just hours and hours of manual back testing haha.

  • Jagger Graham posted a new activity comment 2 months ago

    1.27 STOPS CONV. TARGETS:
    EURNZD GARTLEY 4/1.8
    EURUSD GARTLEY 3/1.8
    AUDCAD BAT 2/1.8

    • When you mess around with the stops and targets, how exactly do you do that? Is there an “automated” way? Or, while backtesting, you fiddle with both manually?

    • Yeah, that’s what I figured! How far are you going? I was going back to 2010 on the 4-hour, but I’m thinking of doing a first round from 2015, since that gives me the same amount of bars as going back to 2000 with the Daily.

      • When I started back testing 2019 was the last full year I had so I’ve been doing 2010-2019. Now I’m debating for future pairs doing 2010-2020, 2011-2020, or just roll with 2010-2019. Trying to keep the years consistent to compare data but also want the most recent data.

  • Jagger Graham posted a new activity comment 2 months ago

    Tested about 15 different pairs on the 4HR with 1.13 stops and conventional targets. All came in under those numbers. Mostly around 1/1.3. AUDCAD gartley with targets at .382/.618/A got me an expectancy of 3 and profit 1.8. Also had good results on EURNZD with a 1.27 stop and conv. targets. Expectancy of 4 and profit factor of 1.8. Had to mess…[Read more]

    • 1.27 STOPS CONV. TARGETS:
      EURNZD GARTLEY 4/1.8
      EURUSD GARTLEY 3/1.8
      AUDCAD BAT 2/1.8

      • When you mess around with the stops and targets, how exactly do you do that? Is there an “automated” way? Or, while backtesting, you fiddle with both manually?

      • Yeah, that’s what I figured! How far are you going? I was going back to 2010 on the 4-hour, but I’m thinking of doing a first round from 2015, since that gives me the same amount of bars as going back to 2000 with the Daily.

        • When I started back testing 2019 was the last full year I had so I’ve been doing 2010-2019. Now I’m debating for future pairs doing 2010-2020, 2011-2020, or just roll with 2010-2019. Trying to keep the years consistent to compare data but also want the most recent data.

  • Jagger Graham posted an update in the group Group logo of Pattern TradersPattern Traders 2 months ago

    In the back testing spreadsheet, it says they want an expectancy of 3 or better and a profit factor of 1.6 or better. Has anybody been able to achieve that with the rule set taught in the lessons? I’ve had to modify the stops or targets to get there.

    • Hello!

      For me, it has really depended on the pair. Some are great and others are trash. I was testing the Daily, but I’ve moved on to the 4-hour as the frequency is really low on the Daily and I’m not sure patterns are the best for that timeframe.

      I’ll let you know how the testing gets on!

      • Tested about 15 different pairs on the 4HR with 1.13 stops and conventional targets. All came in under those numbers. Mostly around 1/1.3. AUDCAD gartley with targets at .382/.618/A got me an expectancy of 3 and profit 1.8. Also had good results on EURNZD with a 1.27 stop and conv. targets. Expectancy of 4 and profit factor of 1.8. Had to mess…[Read more]

        • 1.27 STOPS CONV. TARGETS:
          EURNZD GARTLEY 4/1.8
          EURUSD GARTLEY 3/1.8
          AUDCAD BAT 2/1.8

          • When you mess around with the stops and targets, how exactly do you do that? Is there an “automated” way? Or, while backtesting, you fiddle with both manually?

          • Yeah, that’s what I figured! How far are you going? I was going back to 2010 on the 4-hour, but I’m thinking of doing a first round from 2015, since that gives me the same amount of bars as going back to 2000 with the Daily.

            • When I started back testing 2019 was the last full year I had so I’ve been doing 2010-2019. Now I’m debating for future pairs doing 2010-2020, 2011-2020, or just roll with 2010-2019. Trying to keep the years consistent to compare data but also want the most recent data.

    • Hi Jagger did you try and modify the money management section and then see what you get in the expectancy and profit factor section? I played around and i had a massive expectancy but was only due to position sizing. I would recommend playing with that and see what you get

      • Does the money management section effect that? I thought it was based off win rate and risk reward.

        • It affects the expectancy but not the profit factor i think

          • I can only get them to change when I alter my backtesting data. Like my entries and exits. Are you looking at your MM% change?

            • How do you get the Money Management part to work? Mine has never actually calculated, and I have the latest up-to-date Excel and what not.

              I just finished EURUSD on the 4-hour (FINALLY) and I got an expectancy of 3 with a profit factor of 2.1 going back to 2015. I reenter (based on my “broken pattern strategy” rules) and used the fixed pip SL. I…[Read more]

            • Are you pasting your data from somewhere else? Sometimes it doesn’t work if not formatted properly. Those are awesome results. How do you choose the fixed pip amount?

    • No! I’m inputting the data right in the sheet :-/

      I’m using 10 pips from the X point, and it really overperformed for EURUSD compared to the fib. This could depend on the pair though :-/

      • Probably because of the smaller losses. There’s a good book called Trade What You See. Author uses a similar stop. Almost done testing 4hr EURUSD bats. So far expectancy/profit factor at 1/1.2 for the 1.13 fib and 3/1.5 for 1.27 fib stop. Could be a good one to test next for your fixed pip.

  • Jagger Graham posted a new activity comment 3 months ago

    No data on EURUSD Cypher yet but I have had success with 4HR EURUSD Gartley.

  • Jagger Graham posted a new activity comment 3 months ago

    Hey Mona, thanks for the info. I’ve been testing .618 as target one and a retest of the highs for target two on the four hour charts with a 1 ATR stop. Would love to exchange data with anyone who is testing something similar to avoid testing as many unprofitable pairs as possible. So far these are the profitable pairs I’ve come across if you’re…[Read more]

    • Hello, this is good news thanks for the info, I can get back tu you when I have more data on some pairs, it’s taking me long because I’m backtesting Cyphers, Gartley and Bats at the same time

    • Hi Greg,

      I’d love to swap info! I have a 9-to-5, so I manage to get on the platform sporadically. You can WhatsApp me at +507 6400-4044. I hope I?m allowed to put my phone number here, lol.

      Thx!
      Mona

  • Jagger Graham posted a new activity comment 6 months, 1 week ago

    The 1.27 stop reduced the drawdown by 6%. I thought it would increase drawdown because of the larger losses with wider stops but It looks like the higher win rate made up for it.

  • Jagger Graham changed their profile picture 6 months, 3 weeks ago

  • Jagger Graham posted a new activity comment 6 months, 3 weeks ago

    I usually place a limit order as soon a C forms and then adjust it as it moves. I had a Gartley today that I noticed C form this morning before i went to work. Placed an order and when I came back from work, it formed C and hit D completion on the same 4HR candle. Would have missed it.

  • Jagger Graham posted an update in the group Group logo of Pattern TradersPattern Traders 6 months, 3 weeks ago

    I backtested EURNZD 4hr Gartleys 2010-2019 the conventional way shown in the training. 1.13 fib stops, .382/.618 targets, rolling stops to break even, ect. I noticed a bunch of trades just barely hitting my stops at the 1.13 and reversing to hit targets. Ran the test again except I changed the stops to the 1.27. Changing the stops increased my…[Read more]

  • In the book, One Good Trade, Mike talks about their newer traders only taking setups with a 1/5 risk reward. Do you have any setups that you trade with a risk reward like that or is that only possible in stocks?