The most I've seen is three times. And it's usually two major reversals in one day. Some day it's just one big trend. The goal of the system is to be able to identify the trend. When they are likely to occur. What days they are likely to happen. Then find a good entry. And use money management to minimize risk.
So didyou come up with the 200% return through backtesting ? You say it averages $1100 per day using a $100,000 account. What contract size are you trading to achieve these results ?
200% return are projected estimates. Contract size are from 5 to 15 b/c TOS uses the standard ES margins.
Did you sell anyone on this system? Just curious. Here is a discretionary system - read this entire blog and master it, and you will make a great return. After that, read Wall St. Warrior. And then the others listed. Oh and the best part? Free! You just have to be willing to do the work. http://www.traderxblog.com/