GK1 Long only Daily Trend Strategy Max 4 Positions Risk-Based by GK11111
By GK11111
Performance Metrics
- Author: GK11111
- Symbol: NYSE:CL
- Timeframe: 1 day
- Net P&L: −13,139.96 USD (−13.14%)
- Win Rate: 38.8%
- Profit Factor: 0.921
- Max Drawdown: 26,647.83 USD (24.35%)
- Total Trades: 412
Description
This strategy buys strong uptrends on the daily chart, risks a fixed % of capital per trade, limits how many trades are open at once, and exits using a trailing volatility stop or when the trend weakens.What kind of market does this work best in?1.Strong, persistent trends2.Index ETFs, sector ETFs, large-cap stocks3.Bull markets or strong sector rotationsIt will underperform in:Sideways marketsChoppy rangesHigh-frequency reversalsThe market condition this is looking for " A healthy, established uptrend"It only goes LONG (no shorts) and only when all of these are true:Short-term trend is up:14-day moving average > 50-day moving averageLong-term trend is bullish:Price is above the 200-day moving averagePrimary trend is improving:200-day MA is rising (today > yesterday)Volume is normal (not dead, not crazy):Avoids illiquid days and blow-off spikesTranslation: “I only buy when the market is already strong and behaving normally.”It can hold up to 4 positions at the same timeDesigned for multiple signals across time, not over-tradingYou choose a Risk % per trade (default = 1%)That means: If the stop loss is hit, you lose ~1% of your total accountIt uses ATR (Average True Range):ATR measures how much the market normally movesStop loss = 2.5 × ATRPosition size =(1% of account) ÷ stop distanceSo:Volatile market → smaller positionCalm market → bigger positionExit #1: Trailing ATR stop (main exit)Tracks the highest close since entryStop moves up only, never downIf price reverses by ~2.5 ATR → exit📌 Translation:“Let winners run, cut losers automatically.”Exit #1: Trailing ATR stop (main exit)Tracks the highest close since entryStop moves up only, never downIf price reverses by ~2.5 ATR → exit📌 Translation:“Let winners run, cut losers automatically.”