Updated short exit for FedSwing
Due to the tendency of the stock market to move up slowly and down quickly, I’ve been testing an additional stop to use for short trades. The stop gets smaller as the trade progresses. This stops us out much quicker when the market slowly moves upward. I am now ready to incorporate this in FedSwing as a walk-forward update. Starting tomorrow, FedSwing will utilize this new stop.
For comparison, below are performance summaries for FedSwing ES without and with the new stop. Full performance reports can be found in this zip file: FedSwing new stop
FedSwing ES – old stop:
FedSwing ES – with new stop:
[…] Several swing systems had closed trades this week. One adjustment was made to FedSwing to better manage short trades: http://trendfindertrading.com/blog/updated-short-exit-for-fedswing/ […]