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Wednesday, February 6, 2013

Moving to 5 minute charts

In preparation of a new version I decided to move to 5 minute charts instead of One minute, my reasons were:
1 - Testing is faster and I can run on  a longer period in one test.
2 - Optimization faster.
3 - More data on the chart view.
4 - Less memory is used by the terminal. (need terminal restart once three months instead of two weeks).

New version also include:
1 - Close on high volatility - when in a losing position the market moves too fast so we close the position in lose.
2 - ATR filter - open positions only on predefined ATR values.
3 - Long trends - Secret parameter for long trends, filter light signals when trend is strong.


All those reasons enabled me to reach a version of 5:1 (profit/draw down) on 5 years Back testing.
this version will probably be out only a month from now.

The current version demo is still running, it did in two months 0.63% when the expected profit is 3% per year(0.25%) per month. draw down was 0.125% max.




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