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Compatible with
PRT Trading IB
PRT Trading IG
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Description

 

This strategy is a technical analysis-based trading algorithm that follows a combination of trend-following and momentum trading.

It is designed to avoid market noise and only enter positions when the probability of a sustained movement is high. It can be utilized for frequent short-term trading (intraday or swing), but also appears to have a component that allows it to be adapted for slightly longer trend shifts, depending on the parameters used.

You can download our algorithms (ITF files) for your own analysis here: https://profitalgos.com/demo/

PA – WS3M V1.6 – X – Monte Carlo Report by Snålänningen
https://profitalgos.com/download/4745/?tmstv=1759839501

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Key Specifications

 

  • Type: Long & Short Trend-Following Algorithm
  • Market: Wall Street Cash (€1) (Typically refers to the US30/Dow Jones Industrial Average CFD)
  • Timeframe: 3 Minutes
  • Multi-Timeframe Analysis: Yes
  • Stop Loss: Asymmetrical at 1.6% for Long and 1.3% for Short positions.
  • Trailing Stop: Yes
  • Entry Hours: 24 hours (00:00 – 24:00 CET)
  • Position Holding: Holds positions overnight and over the weekend.
  • Launch Date: 2023-08-16
  • Last Update: 2023-08-16

 

WS3M OOS (Real Result)
1 contract since 2023-08-16
Date 2024-06-30

 

WS3M V1.5 – Price curve, equity curve and positions, 1 contract since 2023-08-16. Date 2024-06-30

Additional information

Subscription time

1 year, 3 month, 1 month

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