We are pleased to announce that the High Momentum NPI – Australia Trading System has been added to the Trading System Viewer!
This trading system was discussed in the Weekly Essay written on the 3rd of February 2023: “The Near Perfect Indicator – Australia BackTesting Bonanza.” Please refer to that Essay if you have not done so. It explains the concepts of how this Trading System was formulated using the impressive work that our managing director in the Canadian market, Stan Heller, did in developing the Near Perfect Indicator (NPI).
After completing our due diligence and further BackTesting, we now have this new Trading System available for you to view in VectorVest each day. To view this new Trading System, click on the Viewers Tab and then select: Trading System Viewer. Identify the High Momentum NPI – Australia Trading System (per 18 April 2023, it is at the top of the list).
As of 18 April 2023, the High Momentum NPI – Australia trading system has returned 4.5% over 1 month, 12.5% over the last year and 8.6% year-to-date. The Trading System notes an annualised rate of return of 34% and has a very low drawdown of 10.2% over the last year. To confirm what a drawdown is, it is the most that this Trading System has lost from the peak (in this case over the last year) to a trough. The lower the drawdown, the lower the volatility, on average, in a portfolio. A drawdown of 10% denotes a low volatility trading plan. Let’s take a closer look.
In VectorVest (take out a tiral to see for yourself) Click on the Trading System Details button (towards the top left of your page) which will load up key details of the trading system in a new window. Note the smooth left to right equity curve! If you have ProfitLocker Pro, you will be able to scroll down further, where you will see the current holdings which shows you exactly what shares are in this trading plan.
Click on image above to enlarge.
As of 23 April 2023, there are 10 holdings in total including AX1.AX. AX1.AX has had a phenomenal run since it was picked up in the Trading System on 12 December 2022, at $1.76 per share and now trades at $2.55 per share as of 26 April 2023, for a 44.89% return.
To confirm: You will not be able to see the individual shares if you don’t have ProfitLocker Pro, but you will be able to see the equity curve of the overall portfolio.
Whilst there are several other superb Trading Systems in the Trading System Viewer that you can check out that do not require ProfitLocker Pro. You may wish to invest in ProfitLocker Pro, giving you full access to the High Momentum NPI – Australia trading system and arming you with that investing edge. ProfitLocker Pro has been expertly designed to lock in profits and to let winners run per the settings applied in this Trading System.
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Past performance is not a reliable indicator of future performance. Any forecasts and backtests used or discussed in this email are intended as a guide only and actual results may be affected by known or unknown risks and uncertainties and therefore may differ materially from results ultimately achieved.
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