Hi everyone,
I’ve been exploring the concept of Immediate Rebalancing (IR) and wanted to share some thoughts and findings.
One of my favorite TradingView contributors, LuxAlgo, has a great video explaining the concept:
I’ve coded a TradingView strategy that incorporates IR setups, filtered with SMAs and additional criterias. The results look quite promising, especially on the QQQ 1-minute chart.
Does anyone here have experience with IR setups? If so, I’d love to exchange ideas and discuss this powerful strategy further.
Cheers,
PC
P.S. Below is a snapshot of the strategy trading the QQQ 1M chart over the last 10 weeks 10.000 USD acc, with 2% risk and a 1:4 RR. Move to BE plus some profit, when 1:3. Net of commissions (IBKR). In real life trading you would have to shave off some profits due to slippage etc. Also included a trade setup short.
I’ve been exploring the concept of Immediate Rebalancing (IR) and wanted to share some thoughts and findings.
One of my favorite TradingView contributors, LuxAlgo, has a great video explaining the concept:
Inserted Video
I’ve coded a TradingView strategy that incorporates IR setups, filtered with SMAs and additional criterias. The results look quite promising, especially on the QQQ 1-minute chart.
Does anyone here have experience with IR setups? If so, I’d love to exchange ideas and discuss this powerful strategy further.
Cheers,
PC
P.S. Below is a snapshot of the strategy trading the QQQ 1M chart over the last 10 weeks 10.000 USD acc, with 2% risk and a 1:4 RR. Move to BE plus some profit, when 1:3. Net of commissions (IBKR). In real life trading you would have to shave off some profits due to slippage etc. Also included a trade setup short.
Attached Image(s) (click to enlarge)
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