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.
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