16 Jun A New Daily Hornet RSI Portfolio
A New Daily Hornet RSI Portfolio
June 16, 2023
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This week we’re looking at a Daily RSI portfolio.
Last week, we looked at a Daily Heron 245 portfolio of three pairs (EURUSD, GBPUSD, and USDCAD) and it looked pretty good.
Does an RSI portfolio using the same three pairs do as well?
After putting together the EURUSD and GBPUSD in our first two Newsletters, the results looked okay.
For comparison, here is the Report from the Daily Heron 245 portfolio:
Now, using the Daily RSI System on the Hornet robot (with the settings we’ve discussed this week), here are the hypothetical results:
Looking at the numbers, the Daily Hornet 245 seems better to me. It doesn’t produce as much profit but it has way less drawdown.
And the win rate on the Daily Hornet portfolio is a wild 87%.
What about the Annual Returns using EURUSD, GBPUSD, and USDCAD?
We haven’t eliminated all the losing years but they’ve gotten smaller. And 2005 now looks much more palatable.
Plus, the winning years are really large.
And 2022 would have been a big winner while the stock market tanked hard.
All in all, it’s been a good experiment, and we’re seeing the power of a portfolio once again.
Talk to you soon.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these sites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.