Got the numbers for this mech system’s performance in Q3!
Did it fare better than the previous quarters?
Q3 2021 SMA Crossover Pullback System Performance
|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 strategy was off to a shaky start in Q3, as it scored losses from the get-go and was unable to catch any wins in the week that followed.Fortunately the tide turned in its favor in mid-July when it scored an impressive 259-pip win or a 1.72% gain.
Unfortunately this was followed by consecutive losing weeks when sideways price action ensued, although the losses were smaller.
It was able to score another positive week, even with early exits on its positions during the latter part of August, before giving up some of these gains once more.
Unlike in Q2, the mech system didn’t score a stellar 900-pip windfall anytime during the period.
For those who prefer a more visual representation of the system’s performance, here’s an equity curve:You can see how the system had its dips throughout the quarter but still managed to maintain an upward trajectory.
This brings the strategy up by 1,298 pips or around 8.66% so far this year. So far so good, huh?
Gonna keep my robot fingers crossed that it keeps up for the last stretch of the year!