At this stage I am building the knowledge base based on facts and rules.

I am a programmer who knows nothing about trading, but with the help of experts, I am building my knowledge base.

Facts & Rules :

I trade chart patterns Bullish kicker, Bullish flag, Cup with handle, Inverse head and shoulders… (*1) like Tim Grittani, Tom Bulkowski, William O’Neal, Dan Zanger, Mark Minervini…

Experts say to use moving averages to improve performance.

My period of analysis is 17 years, I need to cover several cycles.

I work with 25 tickers from Dax, a liquid market with low commissions.

Take profit average: 3.62

Stop loss average: 3.06 (Win/Loss 1.18)

Maximum take profit: 11.5

Maximum stop loss: 6.5 (Win/Loss 1.77)

Experts say the optimal ratio of wins to losses shoulde be 2:1 !

My time stop is 7 days !

Experts say not risk per transaction more than 2% of total capital !

I found 425 Bullish Flag patterns in 17 years, for 25 tickers (*2) !

Experts say that 30 trades is a minimum to suggest statistical significance !

First result: if I trade 35 times a year, I get an average year profit of 37.82% (*3), deducting commissions from the broker!

Questions for the expert:

(*1) Is this a profitable strategy ? Do you work with another strategy more profitable ?

This is profitable but you work with another pattern ?

(*2) Is this value statistically significant ?

(*3) Taking into account the results of professional trader, is this first result a low, medium ou high value ?

Thank you,

Antonio

AI programming student

must have been a senior moment… 🙂 ]]>