ABUs Euroramp — Strategy by aburasa
By aburasa
Performance Metrics
- Author: aburasa
- Symbol: CME_MINI:ES1!
- Timeframe: 5 minutes
- Net P&L: +11,987.50 USD (+11.98%)
- Win Rate: 88.2%
- Profit Factor: 3.49
- Max Drawdown: 1,125.00 USD (1.02%)
- Total Trades: 68
- Sharpe Ratio: 0.285
Description
This strategy backtests the opening ramp of Europe at 9am European time, which is 2am Chicago time ( CME ES timezone ) on the ES Futures Contract.The following conditions are embedded in the strategy:- Market entry at 2 am Chicago time- Size = 2 contracts- Stop = -5 points- TP 1 = +3 points (1 Contract)- Stop to Break even (entry + 0.5) after TP 1 is reached- Set a TP 2 stop to +5 if entry is +10 points- Close all positions EOD RTHAs the script entry / stops / TPs work on candle closes, best is to use the strategy on the 5min chart.