Daily PercentR Strategy by responsibletrad8r
By responsibletrad8r
Performance Metrics
- Author: responsibletrad8r
- Symbol: CME_MINI:NQ1!
- Timeframe: 1 day
- Net P&L: +239,860.00 USD (+23.93%)
- Win Rate: 50.8%
- Profit Factor: 2.266
- Max Drawdown: 31,505.00 USD (2.54%)
- Total Trades: 124
- Sharpe Ratio: 0.286
Description
May 29, 2021The PercentR strategy from Larry Williams is highly profitable on the daily nasdaq chartBuy at the open if PercentR Indicator is above –87 and below –20 Exit at the end of the day.Nov 17, 2024Release NotesThe PercentR strategy from Larry Williams is highly profitable on the daily Nasdaq chartBuy at the open if PercentR Indicator is below –87Strategy has a trailing stop below the low of prior day or two days ago.As you can see the strategy performs well in sideways and bullish market conditions, stepping down bearish market phases should be avoided.Entering shorts or exiting longs in sideways conditions if Indicator value is above -17 is an option.