TradeRoom Scanner Change

TradeRoom Scanner Change

by aahepp -
Number of replies: 0

Do to the markets and way too many false positives on the 5% scanner I have made some changes to the filter criteria.  The current strategy has a Return rate of -2.9% and a Projected Annual Return of -11.2%.  This is a large change from how this scanner previous acted hence the reason for changing some of the criteria to get better results.  After the tweaks the new scanner had a win rate of 64.5% but with significant decrease in number of trades .  It has a return rate of .4% and a Projected Annual Return of 1.9%.  All this was based on a $40,000 account and using a 1% capital allocation per trade.  The rate of return can be increased by allocating more capital per trade.  I have not changed the scanner that is shown in the room as of yet so will still be seeing the old 5% one.  I will be doing more back testing on the MOMO and OTC scanners over the weekend to see if there is any tweaking that can be done there.