🌟🌟 Trend following strategy for ES (SP500) 🌟🌟

Strategy type: Trend following (LONG-ONLY)

General comments: Very simple strategy to leave it run.  Narrow take profit and stop loss.  Expected to be plain during choppy markets or downtrends, and so profitable in bull markets.

The previous image depicts the full backtest (BT) using one contract in MES (Micro ES). On the left, broker costs are already accounted for, showing a ‘clean profit’. On the right is the same system without considering broker costs. This specific trading system initiates thousands of short-lived trades, making fees significantly relevant. Indeed, this strategy cannot be profitable using CFDs and is only viable due to Interactive Brokers’ low costs and fees, which are substantially lower than those of CFD brokers.

Using Mini ES (ES) instead of the micro version, the fees become insignificant given the substantial impact on MES.

This discussion on broker fees is especially pertinent here with thousands of operations (and 5-10 ops daily), but much less important in other strategies considered to be swing strategies (with longer trades and fewer entries), like in the case of the majority of trading systems in our catalogue and for our other vendors.

Sample view of the kind of entries and positions

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