Update to system. Feedback?
-Changed VWAP standard deviation to 4.
-Short close of 30min candle above VWAP 4
-Long close of 30 min candle below VWAP 4
same 40 tick stop 41 tick target
Any thoughts?
1 winner so far. Have a CL swing short on as of today so will not take any
more system...
first day of new system. Will post periodic updates on performance:
Crude Oil (CL) Day-Trading System
Expectation:
• 60-65% win rate. How? Mean reversion entries
• 1.025 risk/reward per trade • 1% portfolio risk per trade • Approximately 1.5 entries per day for 375 trades per year...