Update for Bandwagon

Posted November 13th, 2022 by Trendfinder and filed in Articles / Announcements

I just applied a walk-forward update for Bandwagon. I updated the stop to be more dynamic with a max amount of $1500 (instead of max $750). Also, I revised the filter for short trades around FOMC meetings and minutes release days. This increase in stop amount makes a pretty dramatic difference, especially for this year. Below is a comparison. The more dynamic and larger stop loss will hopefully adjust to volatile periods better going forward.

Original Bandwagon ES:

Updated Bandwagon ES:

Original Bandwagon NQ:

Updated Bandwagon NQ:

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