14 Jul This Daily RSI Robot Continues to Perform
This Daily RSI Robot Continues to Perform
July 14, 2023
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In our last Newsletter, we looked at a promising Futures system on the ES.D 5-minute chart.
The problem?
The average per trade number was low. The higher this number is, the more robust the system is.
Which makes sense.
So today we’re re-visiting a Futures system on the Daily ES.D chart.
It doesn’t trade often, but it has a very high win percentage. And it’s taken a hypothetically winning trade lately:
Here are the details:
And here’s the Report. Notice the high win rate and high average per trade:
Those are both very good things.
How are the Annual Returns?
A few things jump out.
One, there are many hypothetically 100% winning years. That’s nice.
Two, it easily survives the Financial Crisis of 2008 and the pandemic of 2020.
Three, it has two small losing years.
By itself, that makes most traders fearful.
But, going back to our first Newsletter of the week, we could add some non-correlated charts to this system that wins almost all the time, and I would bet a large amount of money that these losing years would magically go away.
That’s the advantage of Futures. It’s much easier to piece things together.
And maybe we’ll do that in an upcoming Newsletter.
Talk to you soon.
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Disclaimer:
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.