Support Board
Date/Time: Mon, 03 Feb 2025 14:08:32 +0000
Post From: Emailed Question
| [2019-11-16 21:19:22] |
| j4ytr4der_ - Posts: 944 |
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I'm interested in knowing how long after the close of a trade, the exit efficiency calculation looks at? Also I'm wondering how to make sense of Exit Efficiency in the case of a system intended to capture individual swings. I'm currently refining an approach designed to capture these separate swings, rather than attempt to capture the "whole move" in one trade and take on the risk of drawdown associated with that. But I could get out at the very first sign of reversal at say 6 ticks from the top of the swing, if the Exit Efficiency were to use say the next 20 bars to see what the potential might have been for the trade, it would incorrectly interpret that I could have held on longer, when in fact I had no intention or expectation of holding on longer. Hope I'm making sense here. Anyway, just interested to know more specifics about "If a Trade had a Runup beyond the final closed profit, the Runup reduces the Exit Efficiency." |