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Dear Mr. Covel,
I just read your book and am hereby sending you my receipt in order to receive the presentation. The book was great and I absolutely loved reading it. It inspired me to start back-testing my own trend following strategy over mulitple assets.
Do you have any advice on which parameters to use in order to create a robust trading algoritm?
I want to recognize uptrends, downtrends and sideways movement. The sideway corridor seems especially important in order not to get a buy, sell or short signal every day.
Also I was wondering if the stoploss strategy differs from asset to asset or is it always similar?
Thank you for your time!
Kind regards,
Jeroen H.
There is no one perfect parameter. First step? Have a system. Then you can test.
More from Michael Covel: Books · Podcast · Trend Following course
Learn the rules behind trend following, and the systems to apply them.
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