Good morning to everyone, by a well-known trader I learned that on the Gold future, COMEX market , has a bias time, the TS entry Buy at 16:00 (Italy Time) and sellshort at 08:00 (Italy time) just it , 2 lines of code, TF 1H , that is the equity from 2007 to 2017 , 2007 to 2014 IN-SAMPLE and 2014 to today is OUT of SAMPLE !!! it is seem a very strong and robust Bias, the Trader says that the TS is robust because this bias works also on Platinum and Gasoline (but not with the same time! i think, i never tried). HE says that is very important ,when someone make a TS, to test it on similar market too , and try to modify little bit the parameters , so, if the TS goingon to make money and has a regular equity it is robust and strong, for this reason he tried the TS on Platinum and Gasoline too, they are markets that respond to the same break out strategy .So, this TS even if has a good equity , it is not tradable , because the Average net profit is just 84 $ with 5300 trades in 10 years , minus fees and sleepage at the end remain 20$. He added a second condition at TS : see the attachement. the result as you can see is: 114 Average net profit and 1600 Trades in 10 years.
So, he sells the same TS, with this bias time and others (secret) break-out rules and position managment (the position is always with 1 contract), at 2400 $ open -code.I attached the metric and the equity line of final TS that he sell 2400$, the metrics are 193$ average net profit with 1800 trades in 10 years.
So, we can do something together to have the same performance …with free fees 🙂
i wait for news 🙂
P.S.
the piattaform is Tradestation.
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