ESCombo7 - ES Daytrading Strategy
- Release Daate - Feb 2014
- Intraday only
- Two separate strategies with independent entry signals
- One system triggers on price momentum; the other on trend movment
- Intraday stop loss: yes
- Profit target: no
- One system will reverse; the other will not
- All hypothetical trades are based on limit orders which require price penetration (no slippage)
- Actual trades also use limit orders (except for stops) so no slippage.
- $10/rt commissions
- All hypothetical trades are shown on a WFO basis to maximize backtest realism
- No counter trend trades
- One system uses a three minute interval and the other uses a 5 minute interval
- Both systems are not normally trading on the same day, but they sometimes do (less than 12% of days). When they are both active, they can either cancel one another out or add together, so it is possible to be long 2 contracts at one time.
Lifetime trend encompasses both pre and post design periods.
Performance data since design
The account size is essentially the amount required to keep a positive account balance assuming no gains are left in the account
The above values may have been calculated on a month end basis, which will reduce their accuracy somewhat.
PAST PERFORMANCE WHETHER REAL OR HYPOTHETICAL IS NO GUARANTEE OF FUTURE RESULTS.