Free Strategy #08 (Combo of #01 and #02) (ES / SPY) by TheIndicatorClub
By TheIndicatorClub
Performance Metrics
- Author: TheIndicatorClub
- Symbol: AMEX:SPY
- Timeframe: 1 day
- Net P&L: +26,044.60 USD (+26.04%)
- Win Rate: 68.0%
- Profit Factor: 1.756
- Max Drawdown: 3,947.60 USD (3.18%)
- Total Trades: 366
- Sharpe Ratio: −0.274
Description
This strategy was designed to be traded on daily data on the ES and SPY—the strategy was originally developed for NinjaTrader, which displays daily ES data based on RTH hours instead of 24 hours (1440 minute) like TradingView does, so we are presenting the results on the SPY until we figure out how to overcome this hurdle.The strategy combines the two ideas from strategy #01 and strategy #02. Strategy #08Quantity 100Slippage: 2 ticksCommission: 4.95 per orderNet Profit: 26,044.60Max Drawdown: 3,947.60Buy and Hold (Custom)Quantity 100Slippage: 2 ticksCommission: 4.95 per orderEntry Long: 1993-02-01 @ 43.99Exit Long: 2017-07-28 @ 246.34Net Profit: 20,225.10Max Drawdown: 9,042.00