Bought the numbers for this mech system’s efficiency in Q3!
Did it fare higher than the earlier quarters?
Q3 2021 SMA Crossover Pullback System Efficiency
|Week||P/L in Pips||P/L in %|
|June 29 – July 6||-103||-0.68|
|July 6 – 13||0||0|
|July 13 – 19||+259||+1.72|
|July 19 – 27||0||0|
|July 27 – Aug. 3||-32||-0.21|
|Aug. 3 – 10||-110||-0.73|
|Aug. 10 – 17||0||0|
|Aug. 17 – 24||-9||-0.06|
|Aug. 24 – 31||+152||+1.02|
|Aug. 31 – Sept. 7||0||0|
|Sept. 7 – 14||+47||+0.31|
|Sept. 14 – 21||-97||-0.64|
|Sept. 21 – 28||+66||+0.44|
|Sept. 29 – Oct. 5||+17||+0.12|
The technique was off to a shaky begin in Q3, because it scored losses from the get-go and was unable to catch any wins within the week that adopted.
Fortuitously the tide turned in its favor in mid-July when it scored a formidable 259-pip win or a 1.72% achieve.
Sadly this was adopted by consecutive shedding weeks when sideways worth motion ensued, though the losses had been smaller.
It was capable of rating one other constructive week, even with early exits on its positions throughout the latter a part of August, earlier than giving up a few of these good points as soon as extra.
Not like in Q2, the mech system didn’t rating a stellar 900-pip windfall anytime throughout the interval.
Nonetheless, the SMA Crossover Pullback System was capable of bag 190 pips or 1.26% for Q3 2021, including to its big gains in Q2.
For individuals who desire a extra visible illustration of the system’s efficiency, right here’s an fairness curve:
You’ll be able to see how the system had its dips all through the quarter however nonetheless managed to take care of an upward trajectory.
This brings the technique up by 1,298 pips or round 8.66% thus far this yr. To date so good, huh?
Gonna preserve my robotic fingers crossed that it retains up for the final stretch of the yr!