FLD's - Future Lines of Demarcation Backtest — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 1 day
- Net P&L: +53,162.50 USD (+54.24%)
- Win Rate: 67.8%
- Profit Factor: 1.217
- Max Drawdown: 26,775.00 USD (16.74%)
- Total Trades: 428
- Sharpe Ratio: 0.018
Description
An FLD is a line that is plotted on the same scale as the price and is in fact the price itself displaced to the right (into the future) by (approximately) half the wavelength of the cycle for which the FLD is plotted. There are three FLD's that can be plotted for each cycle: An FLD based on the median price. An FLD based on the high price. An FLD based on the low price.