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Re: Mladen's Latest Indicator- does it work???

econome, Wed Mar 31, 2021 6:20 am

I have now finished conducting tests I mention, and I conclude that the use of mladen's 2021 Mckginley MA is definitely a superior average.
The top result shows 5 years returns using simple moving averages to identify the direction of trade.
The bottom result shows 5 years returns using the mladen MG MAs.
  • The net profit is high by around 40% of the starting capital.
  • The drawdown is lower (8.14% versus 8.92%)
  • The win-loss ratio is marginally better (2.06 versus 2.04) - also profit factor - the percentages show the overall wins
  • Fewer trades are taken using the mladen MG MA - meaning it is more efficient.
This is very exciting, thank you mladen for bringing this forward.

That's all from me.

Econome
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