Trend 17 - No Limits, With Stops - Up, Up, Up

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Rules:

Data set taken from 01/01/10 to 31/03/10

Trading Type: Stocks
Start Time: 08:00
Finish Time: 16:00
Stop Loss: None
Limit: x% on High
Long/Short Trading: Long
Buy Rule:
-7 Day Close < -2 Day Close

-2 Day Close < -1 Day Close

-1 Day Close < 0 Day Open

Sell Rule:

If Day 0 Loss at Low < x% then take Loss at x%; else If Day 0 Close > x% then take profits; else

If Day 1 Loss at Low < x% then take Loss at x%; else If Day 0 Close > x% then take profits; else
If Day 2 Loss at Low < x% then take Loss at x%; else If Day 0 Close > x% then take profits; else
If Day 3 Loss at Low < x% then take Loss at x%; else If Day 0 Close > x% then take profits; else
If Day 4 Loss at Low < x% then take Loss at x%; else If Day 0 Close > x% then take profits; else
Day 4 Close take Profits/Loss

Results:

Report:

OK! Here we have it. We have come across an interstng set of results here 6 out of the 10 trials returned a profit, 1 broke even and 3 had losses of 2% or less. Let's look at the trial run here to determine if this has been a success or not. For those that didn't here is a short review:

All returns for this first set of results hovered around -33%, so to end up with the profits we have seen here is great. But does it work as a system? We are going to ahve to check this one out in more depth, because a quarterly profit of 10% is nothing to be sniffed at, especially with compounded growth!

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