The Trailing Stop indicator turned into a set of strategies on "autopilot" that manages trades from open to close. Better control of drawdown by pairing up Trend and Countertrend strategies.
Update on February 24, 2021: The same settings used in the promotional video have produced forward positive results in December, January, February, and March. The Countertrend chart (ninZaRenko 16/10) has been replaced with Range 24.
Trend party on February 26th. Then hangover the following week. But the Counter strategies make up for the loss.
T-Stop Trend Strategy:
StepMA Trend Strategy:
Algorithm trading results depend on choices of chart time, profit and loss goals, indicator settings, etc. To avoid “cherry-picking” the display of only great examples, two important initiatives have been implemented:
1) Playback backtests used the same chart settings throughout all tested periods, from September 21 to February 26, 2020.
2) Strategies have not been overly optimized for best possible results.
- No biased optimization!
- No curve-fitting!
NOTE: Commission and slippage costs amount to about 10% of profits.