Power Emini Momentum Target System Performance Stats
One of the main challenges of posting “Official Trade Stats” based off of Automated System Alerts is that not everyone will trade the signals in the exact same way. In other words, unless every variable, i.e. position size, initial stop placement, delta targets, trailing stop rules, scaling methodology etc. is strictly quantified, for every single trade, the concept of “Official Trade Results” is meaningless. Traders are at different levels and employ different tactics and money management rules in their approach to the market. Ten traders can end up with 10 different trade results all based off the same entry alert.
Instead of official stats, we publish an “Alert History” for the Power Emini Momentum Target System.
Power Emini ES Momentum Target System Trade Alert History
How To Interpret The Daily Performance Graphs
The Momentum Target System daily performance graphs show the direction of the trade, the Alert Price (in blue), the Targets that were generated and the final trailing stop level.
Here’s an example of how to interpret a particular day.
In this example you see that the Alert was to go Long and the Alert Price was 2980.25. The price hit all 3 Targets (shaded green) before finally tagging the Trailing Stop at 2994.50. Only the Final Trailing Stop is shown in the history for simplicity – because it constantly tightens-up as the session progresses and can move quite a few times before getting hit.
Targets that were hit are shaded in green. Targets with no shading means the Trailing Stop was hit before it reached that Target. Note that many times by the time the price finally hit the Trailing Stop it was at a profit. Targets that are blank mean the system did not issue that Target. In cases where the market never hit the Trailing Stop during the cash session the Close is shown.