Here is a closer look at the second one.......
Once you have placed the analysis on the second history signal, can you see how this was not stopped either. What happened is that we had a “double top” with the next bar. But the first short trade was not stopped out.....
What this meant, is that this was a successful and profitable trade at +3.8R (ignoring slippage and commission). This is why I wanted to go through this today, to show how the history signals are “filled” and not failed trades, so sometimes a history signal can actually be a nice profit, as in this example.
So at “first” sight” the two history signals and the one TS3 buy “may” have looked not to be too god, but in reality these resulted in a -1R, then a +3.8R trade for a nice +2.8R Profit overall.
So my advice is – Do not judge a book by its cover, we allow the analysis to be placed on the history trades so you can see how they would have unfolded.....
Steve
Once you have placed the analysis on the second history signal, can you see how this was not stopped either. What happened is that we had a “double top” with the next bar. But the first short trade was not stopped out.....
What this meant, is that this was a successful and profitable trade at +3.8R (ignoring slippage and commission). This is why I wanted to go through this today, to show how the history signals are “filled” and not failed trades, so sometimes a history signal can actually be a nice profit, as in this example.
So at “first” sight” the two history signals and the one TS3 buy “may” have looked not to be too god, but in reality these resulted in a -1R, then a +3.8R trade for a nice +2.8R Profit overall.
So my advice is – Do not judge a book by its cover, we allow the analysis to be placed on the history trades so you can see how they would have unfolded.....
Steve
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