My Trend Following System

Discussion in 'Journals' started by Commodity_Trader, Apr 28, 2014.

in your opinion, wich one have better results ?

  1. trend following (intraday)

    50.0%
  2. swing trading (intraday)

    15.0%
  3. scalping (intraday)

    35.0%
  1. These are some of my trend following system results within recent trading month, i use volume and momentum reading indicators and various filters to identify a setup.
     
  2. YM 06-14 (5 Min)  4_28_2014 (1).jpg
     
    Last edited by a moderator: Nov 17, 2014
  3. As you can see, entry and exit point is plotted in chart by trading platform.

    GC 06-14 (5 Min)  4_14_2014.jpg ES 06-14 (5 Min)  4_17_2014.jpg CL 05-14 (5 Min)  4_16_2014.jpg CL 05-14 (5 Min)  4_9_2014.jpg
     
    Last edited by a moderator: Nov 17, 2014
  4. Snake oil lol, here it comes
     
  5. clacy

    clacy

    Yes, I see trades called in hindsight. Anyone can mark up a chart after the fact.
     
  6. Those charts are not trend following. Mean revision maybe, but certainly not trend following. In order to follow the trend, it must exist and be identified before the signal can be generated.
     
  7. the only way that i can mark up charts after the fact is with REPLAY option in NinjaTrader.REPLAY data will be available one day after trading session is finished.
    as you can see ,the date of my first char on YM is 28 april and post date belongs to 28th too,so there is no way to generate those markups, regarding other charts, i try to post charts in the same day .so any doubt should be removed then.
     
  8. well,actually i still thinks it's called a trend following ,because i look at various timeframes and never trade against higher timeframes,one exception is that for example in H1 timeframe ,my system shows some diverging signals and significant support / resistance levels are holding the price,in this case i enter a contrarian trade.
    so it's continuation of higher timeframes. so it must be a trend following system + contrarian.
     
  9. Very nice indeed, it's a mix of reversal and trend following techniques, I trade that way too.

    Your support and resistance lines are also clearly defined and located at the right spots, while your exit points are remarkably accurate. I guess you really did your homework, and homework for me means studying those stupid charts for years and years, day and night, until they reveal their secrets... :p

    Keep up the good work :)
     
  10. Yea definitely not trend following as far as I can see :confused:
     
    #10     Apr 29, 2014