When the market trends it's fine, when the market chops, well it
chops you up.
You guys gotta back test
these things. 2004 was particularly bad and would have
chopped you up a lot using only that
Here's the statistics going back to 1960 if you traded the 13/34
EMA cross
Profit factor = 1.28
Percent Profitable = 32.5% winning trades, 77.5% of the trades are
losers.
When the market trends it's
13/34 ema
Posted by matt on 16th of Mar 2011 at 03:28 pm
When the market trends it's fine, when the market chops, well it chops you up. You guys gotta back test these things. 2004 was particularly bad and would have chopped you up a lot using only that
Here's the statistics going back to 1960 if you traded the 13/34 EMA cross
Profit factor = 1.28
Percent Profitable = 32.5% winning trades, 77.5% of the trades are losers.
Buy and hold, 100K turned into $1.7 Million
13/34 system, 100K turned into 255K!!
http://breakpointtrades.com/blog/search.php?search=13%2F34+&topic=All-Topics&poster=matt&startdate=&enddate=&page=1