Trading the equity curve of the equity curve

Trembling Hand said:

My point is GB that intraday futs trends are very rapid. Most moves are over in a few 5 min bars. Even the real big ones that are very rare will print 3-4 15 min bars in the same direction and throw you off the trend. You need a promising system first then help it out with a filter. Step 1 is the hard bit.

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This is why I think Al Brooks methods are mostly BS (trading off 5 minute bars). By the time you are on to the move using 5 minute bars it's just about over.

Trembling Hand said:

I think you need to approach it differently to get a result. It needs to be a portfolio curve to catch general bullish market conditions or go down to non time based charts to get faster equity curve feed back than end of min bars for intraday or a 1 minute system curve turning on a 5 minute system for positions etc.

In my thinking anything that can be easily tested must have been arb-ed out of profitably.

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I couldn't get anything nice yet with portfolio equity. And I don't know how to backtest non-time based price representations.

But this is FMG daily with a successful system applied (green equity curve). The real system then alters the position size depending on the equity curve, giving the blue curve. Much lower volatility, and much lower return, but I guess it might allow some leveraging knowing that the drawdowns are small. Still playing using Howard's code (credit to him).

This is different to the original idea of the thread, obviously.