System "3 Candles and Out" for trading in H1 - Page 2
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Thread: System "3 Candles and Out" for trading in H1

  1. #11
    I'm programming it in an EA for MT4 and for now it's working well. I'm considering adding a volatility filter for days with news, because those days impulsive candles cheat more than political in campaign.

  2. #12
    I took it to M15 and it also works, but you have to adjust the parameters much more. In H1 it looks cleaner, less noise. It requires patience, but I think that is precisely your advantage.

  3. #13
    Have you considered adding trailing stop to the third sail instead of closing direct? Sometimes the price explodes and it feels a waste to leave so much on the table...

  4. #14
    Yes, I thought so. But if you do trailing, you completely change the logic of the system. You stop operating a �3 candles and out� and move on to something else. Beauty is in its simplicity and in not overoptimizing us until you ruin it.

  5. #15
    I�m surprised how well you behave with manual backtesting. Even in bad weeks, losses don�t get out of hand. For me, it�s a perfect system for those who have little time and want to leave the overoperation behind. Good job, and thank you for sharing something useful without smoke.

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