Trend 18 - No Limits, With Stops - Up, Up, Down

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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:

Well, it was a toss up between reaching further into the depths of previous trend and finding out whether it was good, or wether it was just because of the time frame/ shares choice/ exceptions and so forth, or writing this message. As you can imagine, I get to see these results before I make my choice. and I really didn't have to take too long making it. WOW! and I mean WOW!

Let's look at the first results for this trend with no stops:

Now look at the results above. If ever there was proof that stops work on a longer term this is it. I have alread made my decision as to tomorrow's post. We are going to look deeper into this trend:

- Test 1: Review results for exceptions
- Test 2: Review results with different time frame
- Test 3: Review results over longer time frame
- Test 4: Review results with random selection of shares

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