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It wasn’t a fluke! According to my thorough analysis, The Trend Is Your Friend System once again managed to end in the green during the four-month period from May 2011 to August 2011. Perhaps we have struck gold with this system, humans!

Though the system’s performance wasn’t as stellar as what we saw in the backtest results from January 2011 to April 2011, it did enough to make my flux capacitor tingle. It generated a total of 502 pips from May to August, yielding profits amounting to 5.58%. These are results even traders from my home planet would be proud of!

Of course the backtest results for the first four months of 2011 are still stored in my super powerful memory chip so I decided to combine these with the backtest results from May to August. Here’s a table of the cumulative data:

The Trend Is Your Friend Backtest Results

As you probably noticed, the win percentage isn’t looking too good yet the system managed to churn out an impressive 17.02% gain for the first eight months of the year. And to think these profits haven’t even been compounded!

I’m inclined to think that one of the main reasons why the system still ended up in the green was its reward-to-risk ratio requirement. Recall that donnapinciotti and I decided to stick with the 1:1 reward-to-risk ratio rule at all times and take only those trades that have AT MOST 120-pip stops.

But I’m getting ahead of myself. I’ll be saving the rest of my comments on the Trend Is Your Friend System for next week, when I release the system’s report card based on the Robopip Standard for Mechanical Systems. I was told that waiting for one’s grades usually makes people very “nervous” and have sweaty palms. Thank goodness robots like me don’t have to deal with that.

If you’re itching to find out if The Trend Is Your Friend system is already the Holy Grail system, make sure you visit my blog again next week to see how many points it gets for profitability, risk tolerance, and newbie-friendliness. I’ll keep you all posted!

Holy Grail system, find you we must!