Jun-25-2024 usd$99.50 in loss  

Overnight price was ranging and the CTTool010 enabled and closed by 5 pattern bars against direction and momentum exit with losses.



After the US session open and US Consumer confidence data release the CTTool010 recovered a small amount as the price made pullbacks closing the grid sets, some in small profit, others in loss.


At noon the price rotated to the down side with the same behavior, some short grid sets closed in profit and in loss.



A new rotation now in the up direction triggered 3 long sets without profit to recover from previous losses.




After that move no more action in the price so the CTTool010 ended again in loss.



Some users requested a review of the new template, as we have a losing month and 2 consecutive days in loss. As i must leave this template at least for a week or two weeks i made the recommendation to adjust one or two input parameters:

In Grid section set to zero the option "Brick pattern exit (0- disabled)". With this adjustment the CTTool010 will not close the grid when the price makes this number of consecutive bars against the grid.

In the Momentum indicator section un check the option "Enable exit momentum filter". With this option enabled the CTTool010 close the grid only if we are in profit when the momentum goes against the grid. 

For this journal i will leave the template as it is for a while. What i like is the small loses on this days. What i don't like is the missing opportunities to profit. The optimization and test of current template resulted with bigger profit in average, so that's the reason why i need to leave it for a while.


All have a great day!
AG


0Comments

For Comment you need to Login

Related products

CTTool010

CTTool010

Now version 1.0.1.8 with Automatic trade button &  filters so you can now relax and let the..

$7,999.90

CTTool010 Source code

CTTool010 Source code

Full source code in C# for CTTool010.Lifetime license and free future updates!You will receive the c..

$18,999.00

CTTool010 Trial version (15 days)

CTTool010 Trial version (15 days)

Use this product to review, test and trial for 15 days.If you want to buy it for life time click her..

$0.00