Bandwagon ES – new day trading system
I’m excited to let you know that Bandwagon ES has been released. During periods where large intraday moves are more likely, it will look to “jump on the bandwagon” when the market is heading up or down convincingly. For determining what days to trade (where large moves are more likely), it uses different filters than all of the other intraday systems, providing better diversification. Most trades are entered within the first hour after the stock market opens, and it looks to hold all day. There is a stop loss, a trailing type of stop and end of day exit. It is a very straightforward system, and it performed exceptionally well on out of sample data. It was profitable every year including 2019 YTD.
The website has been updated ( http://trendfindertrading.com/bandwagonES.html). Bandwagon ES is included in all of the Index Trader Portfolios. It replaces Spring ES in Index Trader I and II, and it replaces Leopard Vol in Index Trader III, IV and V. All available hypothetical performance info through yesterday is below. Past performance is not necessarily indicative of future performance. Full report: Bandwagon ES
