no jatayoo ji ,
we will not change filter based on one failed trade..if we use this big filter it may effect our R:R..
we used to backtest every month & acc to me current filter works fine..
failure are part of every trading system but one thing is that loss will always be on our initial position...
vineet[/QUODear Vineet
Pl comment on this part : ---
"Thanks Saint Sir
Thanks Vineet
The concept and the error made by me is clear now.
I just want to share a thaught with you after thinking over the matter during the night. Sorry, if it wrong once again.But, perhaps this question may come up again.
1) On a 'gap up' day do not go short untill the 'gap' is filled and broken by the 'sf'.The 'gap' itself is a pretty good filter.
2) On a 'gap down' day do not go long until the gap is filled and broken by the 'sf'.
Yesterday, was a gap up day.Most of the charts seen by me have the same frustrating pattern with a little variation here or their.
For the 'NF' i switched the TF to the 60 min and have kept the position open which i intend to manage today on the same TF. ":clapping::clapping: