Regime Pullback Breakout (MrMilesIL) — Strategy by MrMilesIL
By MrMilesIL
Performance Metrics
- Author: MrMilesIL
- Symbol: NASDAQ:AAPL
- Timeframe: 1 day
- Net P&L: +128,135.12 USD (+128.14%)
- Win Rate: 42.7%
- Profit Factor: 1.848
- Max Drawdown: 56,607.68 USD (45.51%)
- Total Trades: 110
Description
Straightforward trend continuation model. Uses Regimes to evaluate success of the trade setup. Only goes long.1. Establish regime by checking 3 SMAs: Slow 200d, Medium 50d, Fast 22d.2. Define pullback based on price action: close below the FastMA or Stochastics printing below a threshold.3. Entry trigger is closing above the high of the bar with the lowest low in the last x bars. It doesn't need to be more complicated than this.Defaults to investing $25k for stocks & ETFs and 1 contract for futures. Designed for swing trading on daily charts.