This one is one I'm excited about after crunching the numbers. I haven't traded it before but it has produced some eye watering paper numbers in backtesting.
Usual setup - oversold and keep adding until it isn't. Sell each lot as it becomes both overbought and profitable.
Here are the numbers from the last year:
28-3* (the 3 are from the last 3 trading days that are still open)
AVERAGE return per lot: +12.7%
MEDIAN return per lot: +11.1%
Total 12M return: 3.94x lot size
Max lots held at any point: 5
Avg. hold period per lot: 9.4 trading days
Median hold (half the time it's less than this): 6 trading days
This is the one that is mind boggling...% return/lot/day held: +1.34%
That number is a HUGE number. Most GOOD ones are between .5% and .9%
That's every dollar traded making an average of 1.3% per day. That's the average from all 31 trades, including the 3 that are underwater at this point.
BTW, The blue line on the chart represents an average gain from the initial trade level. I'll keep posting updates as I add to the position or sell.
As always, if you trade on my ideas, that's on you. This information is for educational and entertainment purposes only.
Usual setup - oversold and keep adding until it isn't. Sell each lot as it becomes both overbought and profitable.
Here are the numbers from the last year:
28-3* (the 3 are from the last 3 trading days that are still open)
AVERAGE return per lot: +12.7%
MEDIAN return per lot: +11.1%
Total 12M return: 3.94x lot size
Max lots held at any point: 5
Avg. hold period per lot: 9.4 trading days
Median hold (half the time it's less than this): 6 trading days
This is the one that is mind boggling...% return/lot/day held: +1.34%
That number is a HUGE number. Most GOOD ones are between .5% and .9%
That's every dollar traded making an average of 1.3% per day. That's the average from all 31 trades, including the 3 that are underwater at this point.
BTW, The blue line on the chart represents an average gain from the initial trade level. I'll keep posting updates as I add to the position or sell.
As always, if you trade on my ideas, that's on you. This information is for educational and entertainment purposes only.
Not
Added 1 lot at the close @2.2991Not
Still oversold. +1 lot @ 2.275Not
Still oversold - added 1 lot @ 2.27 at the closeNot
Still oversold - added another lot @2.22Not
Oversold. Added another lot @ 1.885 at the close.Not
Closed the 4 most recent lots today at 2.40 at the close (overbought and profitable). They gained 5.5%, 5.7%, 8.1%, and 27.3%, respectively.İşlem aktif
TBH, the entire position should have been closed at 2.40 on Aug 13th (I did that for real). Since I messed up here and didn't report that, I'll play it like I still have the 2.396 and the 2.2991 lot and I'll add one to that at 2.11. Sorry gang, I don't know what I was thinking. If history is any indication, it'll work out anyway.İşlem elle kapatılmış
oversold, so I would have closed the last 3 lots today. gains of 5.6%, 10.0% and 19.9% for each.Not
Final tally for this idea (for my accounting purposes):Wins: 7 Losses: 0
+5.5% in 12d
+5.7% 11d
+8.1% 10d
+27.3% 6d
+5.6% 42d
+10.0% 35d
+19.9% 5d
Average return per lot = 11.7%
Average holding period per lot - 17 trading days
Per lot per day annualized return = 173.4%
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.