However here's an mechanical system that I developed a while back, it's a daily swing system based on the SPY ETF, which is the 1X ETF for the S&P 500. This system is a reversion to mean system, which means that it buys pullbacks in uptrends and shorts rallies in downtrends, however it also has a trending component to it which allow it to hold trades for longer periods of time when the indicators line up. Also this system has a scale out component to it which helps to reduce risk and increase the winning percentages.
Key Statistics:
- This system has 95.8% winning trades going back 18 years on the SPY.
- 714 total trades with 684 of those winning trades and only 29 of them losing trades
- 109 consecutive winning trades
- profit factor of 20.5, which means that for every 1 dollar it lost, it made 20.
Here's a URL to the full Tradestation Statistics Performance report, which lists all the key statistics, trades, etc
The system went long 2 weeks ago on April 18th and exited it's long trade for a nice winning trade!
I've also attached the chart showing the recent trades as well as a few key statistics
If you are interested in this system, you should join up for a subscription to Breakpoint Trades, our 6 month membership is our best deal at the moment. Our members get trade signals to this system as well as others emailed directly to them.
Also here's a 20% off membership coupon code (705DD97275), however please note that this coupon expires in 5 days, so hurry!
No comments:
Post a Comment