Recursive Moving Trend Average — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 1 day
- Net P&L: +43,650.00 USD (+43.88%)
- Win Rate: 54.6%
- Profit Factor: 1.085
- Max Drawdown: 27,037.50 USD (17.73%)
- Total Trades: 1,191
- Sharpe Ratio: 0.003
Description
Taken from an article "The Yen Recused" in the December 1998 issue of TASC, written by Dennis Meyers. He describes the Recursive MA in mathematical terms as "recursive polynomial fit, a technique that uses a small number of past values of the estimated price and today's price to predict tomorrows price." Red bars color - short position. Green is long. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.