Trading Instrument: NAS100 / US100
Trading timeframe: 5 minutes
Parameters:
-R, risk multiple, recommended setting 1
-Risk, risk per trade in percentage of the trading account, recommended setting 1-2
This is a fully automated high probability trading system developed around breakouts of the first bar of the US open Nasdaq cfds. The context and bar type analysis leads to trade execution. Sometimes the high probability trade is trading with the breakout and others it is a fade ( betting the breakout will fail ).
The backtest results and some trades are shared in the screenshots. Over 280 trades during a 4 year period. Tick data with real spread is used for most accurate results.
It is important to note that trading contains substantial risk and is not for every investor. An investor could potentially lose part or all of the initial investment. Risk capital is money that can be lost without jeopardizing financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
