📈 Free System #3 - ES Higher Lows

Profit Factor: 1.46 | Total Net Profit: $152,882 | Avg. Trade Profit: $233.05 | Max Trade Drawdown: $10,971 | # of Trades: 656 | Annual Return on Required Margin: 9.5%

ES Higher Lows Long Strategy

I keep workspaces for my Bullpen strategies and my Dugout strategies. These free strategies are from the Dugout and will need some more refinement and time out-of-sample befor moving into the Bullpen. The Bullpen includes strategies that I’m watching to eventually add to my live portfolio.

This Emini S&P 500 futures strategy utilizes price action of the previous bars where the close of the bars are higher than the lows of the bar. It also utlizes two filters on daily ES to confirm we are making new highs and the open is above the 10-day moving average. Buys are entererd with a limit order on the lowest close of the last 4 bars.

Share your updates, enhancements and variations of the strategy! (Hint: A great additon would be a short trade to boost bear market returns in 2002, 2008 & 2022). Check out our paid subsciption for better performing, more robust strategies! In the future we’ll also provide robustness testing and out-of-sample updates for paid subscrib…