jmfolcik
11-02-2009, 04:13 PM
I'm using different aaa and bbb settings of 20 and 8 respectively that I got from someone I know who did some back testing, and I confirmed it is a good setting slightly better than defaults (at least the months I went and back tested through)
I've thought about stop loss before. FAP has put on a buy in the past sometimes then some market news could come out and the buy would stay on and go down hundreds of dollars, this really stinks if it happens overnight and you wake up to see a -80 buy on and the current trend is going down down down. This happened to me when the Euro got to 1.5 and then started its massive 300pip drop in about two days time.
Anybody done some back testing with stop loss settings in FAP? There is an input labelled stop loss so I'm assuming it works. A low stop loss of like 20 or 30 would probably get hit too often, but what about one in the 30-100 range that would avoid leaving you in limbo with a bad buy or sell, while you pray the market changes, and also aren't making any money when you could be.
I've thought about stop loss before. FAP has put on a buy in the past sometimes then some market news could come out and the buy would stay on and go down hundreds of dollars, this really stinks if it happens overnight and you wake up to see a -80 buy on and the current trend is going down down down. This happened to me when the Euro got to 1.5 and then started its massive 300pip drop in about two days time.
Anybody done some back testing with stop loss settings in FAP? There is an input labelled stop loss so I'm assuming it works. A low stop loss of like 20 or 30 would probably get hit too often, but what about one in the 30-100 range that would avoid leaving you in limbo with a bad buy or sell, while you pray the market changes, and also aren't making any money when you could be.