I made the same mistake of you guys...I tought I found the holy grail Ho fatto anch'io lo stesso errore, il sistema guadagnava su ogni chart, poi ho capito perchè ....
yes, but you the much longest one operates to you with a Time frame and must make the accounts with the stop, I operates here with a Time frame to 1 minute in intraday.
I think this is the first thing you say in this thread that could be sort of interesting. Now, would you mind giving some more details? No need to be offensive, by the way
There is indeed a problem with this system. The signals change if the data of the bars to come fit the rules. I think the zigzag indicator has te same problem. The system looks after a certain pattern. If the pattern is found the signal is generated. But if in a later bar the pattern is found again, the previous signal is cancelled and replace by the new one. These signals are only good in hindsight, so they are useless. In the added charts i demonstrate what i mean. chart above: zigzag indicator giving buy and sell signals in the ES. On 24/08 the indicator gives a sell signal at 17/08. chart below: zigzag indicator giving buy and sell signals in the ES. On 31/08 the indicator gives a sell signal at 24/08 and cancels teh signal on 17/08. All these happens days after the signals were generated, so this is useless. Signals must be generated in real time and can never change afterwards.
problem, I do not know more than that he arranges we are speaking. Clarification, my system at the moment works some principles of j.Hurst, is applicable also in along period but it is clearly that if the greater loss reported to the trading intraday is of 300 $ on period week the stop loss it must be of some 1000 $ (must be tooning)