Obviously this nameless Daily_macd+rsi is still in a trend, to be only gotten out of some day by a trail_stop. I run the strategy each day with new bar data anyway. It's still, obviously, in a Short. Nice thing too about a neat straight strategy to run is its answer is in 30 sedonds or less! What a relief for me!
During entry in a trend, one can increase, within prudent limits, the mini or lot sizes count on your demo or real_dough platform to garner larger gain during the trend more. Only when I have the 2.0 version from TD someday will I be able to write a program to simulate that in the strategy.
I now took a jpg screen-shot to show you attached its performance........BACK-TESTED!......Whewwww! lol
+3300 is the top of the green equity curve. THe underwater slow down losing curve during one section in 2004 is about -750 for 1 mini (see red underwater bottom curve), which is easily taken in by 1) during the trends we're doing 2-4 minis, no doubt. And 2) during a flurry of these little losses after little losses, we can simply cut-out 'til better times start rolling again. Note that recent May downtrend is doing nicely!!!!!!
I'm continuing with strategy test variations as we speak, so those periods may improve, although from what I say, need not.
So what you all think, I miss anything? I took a look at the column "drawdown" throughout the different bar by bar moments, doesn't look like anything devastatingly humongous amongst them. I will study those again to figure a stop_loss setting. If there is anything .8% next bar lossy, why, that's already part of the setting in this strategy to cut-out denoted by the empty colored arrows on the chart! So what you see is what you get! So our SL is therefore probably 100 pips, and should ballpark follow what the strategy day by day says to do.
If in a trend like these past days, most often I won't need to post if nothing different, because this kind of strategy simply continues in said trend regardless of nearby and recent ups 'n downs! (HaLeLuYa!!!
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This thread is in longer term recommendations thread dept, so not only was fooling around with 5Min_bars against that, but it's pretty nervy, IF-y, and needing further study, which after all I gone thru, am just happy for this new un-named macd_rsi_daily gizmo! lol
OkYdOkY!?
