| The System is now short. It looks like 1930-1950 will be a good target and partial profit-taking area. The stop/reversal level and indicators will be re-evaluated after the close, because the System is willing to reverse trades on back-to-back days albeit infrequently. As I've done in past years with my systems, I plan to only record trade prices that I post in near real-time or had previously setup such as my stop/reversal levels. The System should have and would have entered on the gap up from 1932 to 1947 rather than waiting for the run up to 1967 in which case the trade history below would be even 40pts better, but I was slow to process the indicator values correctly and this is still a work in progress. Based on my manual back-testing of CY2015-2016 and parts of CY2014 and CY2008 and other years, the trade winning percentage has exceeded 67% AND winning trades have been much larger than losing trades on average but there were some 2-3 week 2-3% drawdowns mixed in and only recent and future results will matter. Off to a good start. Good fortune. |
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