Hi There-
What adjustments do I need to make to the parameters categories listed below please? (file attached to share). The strategy needs adjusting in order to improve the performance; it currently is not a winner as far as profit ratios go...needs tweaking.
Is there a standard set of Parameters #'s or can you share some suggestions speaking from experience? Any adjustment suggestions would be very much appreciated.
The auto strategy is called, "Profit Target w/ a Trailing Stop"
The default parameters are the following:
Break Even Ticks: 4
Plus Break Even: 2
Profit Target Ticks: 40
Stop Loss Ticks: 15
Trail Profit Trigger: 10
Trail Stop Ticks: 8
I trade YM, NQ, QM small contracts, day trades only.
Thanks in advance.
What adjustments do I need to make to the parameters categories listed below please? (file attached to share). The strategy needs adjusting in order to improve the performance; it currently is not a winner as far as profit ratios go...needs tweaking.
Is there a standard set of Parameters #'s or can you share some suggestions speaking from experience? Any adjustment suggestions would be very much appreciated.
The auto strategy is called, "Profit Target w/ a Trailing Stop"
The default parameters are the following:
Break Even Ticks: 4
Plus Break Even: 2
Profit Target Ticks: 40
Stop Loss Ticks: 15
Trail Profit Trigger: 10
Trail Stop Ticks: 8
I trade YM, NQ, QM small contracts, day trades only.
Thanks in advance.
