Thursday, August 27, 2015 9:26:50 PM
My suggestion is that you make some corrections.
You aren't going to like this next part.
Anybody who does a little checking will find out that the trade in question was/is a no-money trade. No body gets bragging rights for no-money trades, no matter how well they turn out. Especially when you change the rules in the middle of the trade.
Besides that, what is the point of changing the Sell definition in the middle of a test trade? Especially when it is the first test of that particular method? If you are thinking that the trade might turn out bad, then just let it turn out bad. But don't change the Sell conditions in the middle of the test. When you do, what is the point of doing the test in the first place?
I advise that you continue the test trade (AKA pretend trade) as though it was never pretend sold.
That's how tests are supposed to work. You run them as they were precisely defined, then each test works or doesn't work. You run that test many times and tally results then finally determine if it is worth keeping.
My personal opinion is that trading the interior of a BB() with a touch of the upper boundary defining the Sell point is a very bad idea. I'm not a BB trader, but my guess is that most BB traders use a touch of the upper BB boundary as a reason to Buy, not Sell. Their reasoning is that the trend, having obtained momentum, will continue higher. It is a version of the very popular "buy high, sell higher" method made popular by William O'Neil, the founder of Investor's Business Daily.
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