PrP-Springer-2
NASDAQ
PrP-Springer-2
This algo is similar to Springer 1.1 albeit using a different market breakout indicator along with the same divergence and a long term market trend signal as used in Springer 1.1. A simple trailing stop system and enhanced exit code are the key to its success. Since 2016 this algo has shown resilience to the majority of large unexpected market swings.
- Instrument = NASDAQ
- TimeFrame = 5 minutes
- Time in Market = 42%
- Orders per day = 0.8
- Initial Capital Required = €4000
- Recommended Position size = €1
- Re-investment = No
- Martingale = No
- Multi-position = No
- Over night = Yes
- Over weekend hold = Yes
