Im getting there... slowly but still getting there
I found several weaknesses on thv4 system. It doesnt have abilities to catch large sudden movements because they are not counted as trends and TP rules are tight. Also i didnt like to stare at the screen as much as this system needs me to.
So i did a lot of reseach and rearranged a lot.
Now i truly think that im settled with serious trading mechanism which is profitable.
I kept it as simple as it can be. Still using some parts of THV and some others.
My complete setup is only 3 indicators plus some filtering rules which are elliminating bad trades.
Im also on the script and im filtering time, out of my trade system. Doing this gives me better view of price changes. I dont depend much on news and quick sudden movements. vice versa, im getting profits from them.
Today is my first day of forward testing it. I Trade only europian session because my new system is not suitable for quick scalping and i need clear movement to be profitable.
Its too early to give any other info but to give you a little hint. +64pips today. Still did 2 bad trades by going in without conformation of indicator. I will avoid this in future. So yo can add around +40pips if not considering those two stupid trades.
I also did couple of weeks visual backtest for my system for all the pairs i trade. Results are not 100% accurate of course, but all pairs had 70-80% win rate and ended with +400 to +1100pips for 2 weeks period. Trading 6 majors excluding eurchf and probably will be very little trades on erugbp aswell. Maybe taking eurnzd in.
Anyway. As im not using full THV anymore, i probably will not post here for further.
Dont get my sayings wrong. I belive THV is exellent system. Just not for me.