I got this new strategy and ran it on Tradestation to evaluate it. I am very new to this and do not want the wool to be pulled over my eyes. I have been told to avoid the bad strategies out there, so I wanted some help in evaluating this new strategy called "Perfect symmetry to the tick". A resent profit report generated by Trade station with commission and 2 tick slippage removed is posted below. It is on non backtested data in real time collection mode. I am concerned with the low .92 average win/loss ratio.
I guess it will not post, so to type it. TNP=$30K PF= 5.04 %profitable= 81.78% ratio win/los= 1.12, but only .92 of shorts
Annual rate of return= 2246.18%
net profit as % of drawdown = 2029.65%
That is a summary.
Below is a pic of a Tradestation dome with the strategy.
Since it will not post either, the summary is entered at 710.90 in TF and ran past 713.90 today before it issued the first sell sig of the day, but it missed the bottom by 2 whole ticks.
Does anyone think I should actually buy this strategy with these poor results so far? Thank you in advance.
I guess it will not post, so to type it. TNP=$30K PF= 5.04 %profitable= 81.78% ratio win/los= 1.12, but only .92 of shorts
Annual rate of return= 2246.18%
net profit as % of drawdown = 2029.65%
That is a summary.
Below is a pic of a Tradestation dome with the strategy.
Since it will not post either, the summary is entered at 710.90 in TF and ran past 713.90 today before it issued the first sell sig of the day, but it missed the bottom by 2 whole ticks.
Does anyone think I should actually buy this strategy with these poor results so far? Thank you in advance.