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TheWizardMethod v1 5 *

This comes from is an entire thread devoted to this method.

The Wizard produced the following on a 1-year backtest for YM (4-tick MedianRenko):

$231K Gross Profit (almost $164K after commission assuming $5 rt)
close to 13,500 trades / 37 trades per day (hope to reduce it w filters to minimize choppy trades)
66.2% win rate
Trade Size: 1 contract/trade
Profit Target: 25
SL: 15

I believe the following filters will make this strategy a very profitable one when running live:

- minimize choppy signals and
- adjust the initial 15-tick SL to B/E when the trade starts working

Category The Elite Circle 
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Details: TheWizardMethod v1
Category: The Elite Circle 

June 13th, 2010
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