I am not sure, but is there somewhere mathematical expertancy of entry rule in SQ?
do you mean this?
thats why i am asking, because i am not sure. so bigger expertancy score is better…i need to find out, how many pips does the market move after TP.
Just to clarify what is expectancy in SQ
Expectancy performance metrics developed by Van Tharp, it is computed as (percentage wins * average win) – (percentage losses * average loss)
R-Expectancy performance metrics developed by Van Tharp, it gives you the average profit value related to average risk (R) that you can expect from a system over many trades.
You can find more at: http://www.vantharp.com/tharp-concepts/expectancy.asp
R-Expectancy Score standard R-Expectancy doesn’t consider the length of testing period and number of trades produced. There is a difference when you make for example $2000 per year by making 10 trades, or by making 100 trades. R-Expectancy Score adds a score for trades frequency. It is computed as: R-Expectancy * averageTradesPerYear
If you mean “Maximum Favorable Excursion” i.e. how far market usually goes after entry it cannot be directly acquired in SQ
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