Profit Factor: 1.52
Avg Trade: $221
Winning Trades: 53%
A Closer Look
This edge uses a breakout logic to anticipate when the price is likely to continue in the direction of the breakout.
One rather nice trait of this edge is that it is composed of very few rules. As a matter of fact, both the long and short sides use no more than 2 conditions each. As any experienced strategy designer knows, few rules tend to result in much more robust strategies.
Another side effect of it having so few rules is that there is plenty of room for you to filter out losing trades and improve the results!