Diversified Trend Trading Approach

HeyYou!
I used to have this one.....

That's what I call a chick magnet :-)

How about this one.....An instantaneous crowd pleaser. Aerodynamic lines, throaty exhaust...optional GT stripe and 0-20kmph in about 2 hours.



It hugs the corners impressively. :-)

Lol, one thing I learned from FF is that Aussies and Swiss ppl are crazy, generally speaking. So yeah I feel comfortable since there are plenty.

Italy is a variety of different cultures, Naples is very different from ROme, Rome is very different from Venice.. quite opposite lol.
there are some geniuses like Carmelo Bene who made the difference, but overall I DON'T think it's a good place to live at all. just stress.. stress.. stress..


hahaha that was my grandfather's car

Time for a holiday mate. Come down here to the arse end of the planet for a chill out session. Quite a few of your folk down here :-)

credi mi, io sono grandpadre

Since we have some chilled out music lovers on this thread... always helps me relax.

Since I firmly believe in this



a bit of simple music

Backtest Portfolio Update - EDTT - 31 October 2017

.....continued from post 2300

We left our fully costed compounding portfolio on about 10 October 2017 with a CAGR since Jan 2010 of approximately 28.0% and a max drawdown over the period of 10.7%. Our profit factor was reading 1.64 and our MAR ratio was left at 2.61.

I have now updated the portfolio to the end of October 2017 and what started as a good month turned into a cracker result thanks to the equities lying in the portfolio mix. We already expected this in post 2375 where I presented the live walk forward result to the end of October using a slightly different 24 instrument portfolio with the same applied technique. The live walk forward result was however superior for October given the tremendous run of the Nikei index in October which was absent in the backtest portfolio universe. Still.....beggars can't be choosers. Also remember that unlike the fully costed backtest portfolio in this post that the live walk forward test does not compound results and excludes SWAP and slippage.

Here are the performance results of the fully costed and compounded backtest to 31 October 2017.



October has achieved a great return for the month of 11.43% resulting in an equity curve that is reaching new highs and lifting the CAGR from 28.0% in early October to 28.4% for the approximate 7 year period. Farewell drawdown.

The table below reflects the weak and strong performers for the month in terms of their contribution to the monthly return. You can see how the months result was dominated by the performance of the DJ30 with notable positive contributions from the other equity indices of the ASX200 and CAC40. The EURAUD had an ugly month where flying sumo's were the order of the day.



Portfolio analytics are detailed in the table below.



Overall we have a trade sample size now of 1,241 trades of both long and short trades with an average daily hold of 11.65 days per trade. The Pwin% is sitting at 41.8% with a reward to risk ratio of 2.29X which is a pretty solid result.

Other interesting features of the portfolio are presented below.



The word from the CTA grapevine (a few examples for the month below) is also a very positive one for October where some outstanding results have occurred to make up for some of the pain over the last few years namely attributed to equities and energies. I am looking forward to presenting the performance results of the CTA's for October 2017 in the next few weeks. Good news for once in a long time.

Cheers

C

Putting the World's Money into Perspective

Dear C,

If both SDC are present (short term and long term), where do you put your buy sell stops over last highs/lows in terms of average daily range?

I put them at half ADR and it works well.

Unfortunately I made some mistakes last month (putting stop orders earlier) which cost me at least 3% of capital in profits.
I must be more focused and mindful when trading.

Don't try the following at home..... EUR JPY



and USD MXN:

Bitcoin is entering futures market.

http://www.cmegroup.com/media-room/p...gn=bitcoin#BTC

Hi R

1/2 ATR should be fine (though in general I probably place mine further away at say 1 ATR) provided that you have both a short term and longer term momentum in place where the short term SDC has a significant steeper slope than the longer term SDC.

I actually do not use an ATR placement rule but rather under discretion make sure the pending entry is simply significantly away from the prior swing high/low to avoid any false breakout and then I wait till price is near these zones to make further adjustments just prior to entry to ensure the setup for both SDC's is visually making my trigger finger itch. I need to be generally at the screen for an entry to do this and hence the pending entry zones are more alert zones than actual entry zones.

At least WTI oil is doing some money. SDC changed to 0.5.

[quote=Copernicus;10456379]{quote}I can smell the Melbourne suburbs in that one :-)

Newcastle, but all our favourite Aussie bands are Melbournites so Melbs was definitely a huge influence.
I have just been catching up on some more of the thread and am loving the music as I read.

[quote=Moof;10460801] I realised I had blown it when I checked out your bands bio and some other tunes. It was a tight outfit mate. Are you still performing?

Talkin' bout music....time to fire it up again :-)

Na not really, although a few of us get together occasionally for booze inspired fun...That vid was the last time we played with the full line up and that was a "reunion" gig so its been a while.
We were "in the scene" 2004-2010 ish

It would have been a fun time M :-)

Walkthrough of October's Top Trade - DJ30

.......Continued from post 2388

In going forward with the backtesting, I though it might be helpful to showcase walkthrough's of the top monthly trade which will allow newcomers to this thread to quickly jump on board and understand how to apply the revised EDTT on the M30 timeframe.

For October the DJ30 was firing on all cylinders and we had 4 great trades for the period that contributed 8.60% to the monthly return. In this walkthrough I will focus on two of these great trades to demonstrate the power of this momentum breakout approach. All the commentary is contained in the charts.

Enjoy

C

What I noticed on different markets in forward testing and now in GBP USD. Ranging markets are widened by less than half ADR at a time. Limit orders against breakouts (buying cheap, selling expensive) are waiting there, it seems.