|
PureBytes Links
Trading Reference Links
|
Ok, I took the comments serious about the nr. of losing trades (26 in a
row).
Here is a slightly adjusted system (it trades max. 5 times a day that's all
I changed).
As you can see the parameters have hardly changed (it doesn't do much to the
bottom line but I would also prefer 12 conseq. losses above 26). Max conseq.
winners stayed the same with 7.
The system makes (almost) exactly 50% on the long and 50% on the short side
(starting on 1998/1/1 I do not have data before that).
I have always understood that the profit factor should be 1.5 or greater, in
here it is 1.66 (with $180 comm/slipp., almost 2.0 without commission).
Why do not many people seem to favor the idea of sharing/exchanging systems
?
Full report available upon request.
New SYSTEM SPECIFICS:
Total Net Profit $1,223,150.00
Gross Profit $3,086,480.00
Total # of trades 1,482
Number winning trades 504
Largest winning trade $40,000.00
Average winning trade $6,123.97
Ratio avg win/avg loss 3.21
Max consec. Winners 7
Avg # bars in winners 59
Max intraday drawdown ($57,690.00)
Profit Factor 1.66
Account size required $57,690.00
Open position P/L $1,590.00
Gross Loss ($1,863,330.00)
Percent profitable 34.01%
Number losing trades 978
Largest losing trade ($18,500.00)
Average losing trade ($1,905.25)
Avg trade (win & loss) $825.34
Max consec. losers 12
Avg # bars in losers 16
Max # contracts held 1
Return on account
2120.21%
===============================
Robert Linders
Orlando, FL
email: mugsnug@xxxxxxxxx
===============================
|