Summary:

Trendfollowing strategy working on the 5 minute timeframe on S&P500.

The Algos is developed for the marketsituation starting 2020.

The Algo is optimized for 70% of the bars (IS) and 30% of the bars (OOS).

Walk-forward tested with good Efficiency.

Details:

Breakout & Trendfollowing

Timeframe: 5 minutes

Entry hours:  24h

Stoploss: Gridsystem (max 1000€) Gridsystems can cause bigger losses on your account

Trade over weekend: Yes

Trailing stop: Yes

Take profit: Yes

Market: S&P500

Results:

Gain: 3215,50 €

Winrate: 74,36%

Profit factor: 5,73

Max Drawdown: 679€

Order per day: 0,64

Avg gain: 67,16

Avg loss: -33,98

Results with 5 x 1€ contract (200k bars).

Suggest Capital: +10.000€

Image and results based on real Traiding starting from 08.07.2021