3-4 Swing Strategy Results
Hi guys,
As promised the AFL is ready. AM posting the results of the strategy (3-4 Swing trade setup) and I must say results are pretty good.
Since you know I don't believe in giving targets, hence I measure the performance of the strategy in days. Here, since it is swing trade, i have measured the performance in two durations; 5 days and 10 days. I must say the results are pretty satisfying. In 2009, this strategy has generated 72 Buy signals and in 5 days from day of trade, the success rate has been 73%. When performance is measured in 10 days from trade, the success rate is 86%. Results are based on stocks trading in the
Futures and Options segment. As mentioned, this strategy works well in Strong Trending stocks. Will be posting the AFL in sometime.
2009 ---> 5 day hold --> Trades 72 ---> Success 73%
2009 ---> 10 day hold -> Trades 72 ---> Success 86%
Here are the trades,