There is an interesting Visualization in WealthLab_6 called “Lifetime” positions. This is how it looks for tested systems. — first for Trend Tracking System, the second for the Medium Term System — both doughs for Cotton futures
Cotton Trades by Trend Tracking System (15 years):
Vertically — percentage profit, horizontally the number of bars in a trade, one schedule – one deal. You can see how at first the profit grows, and then gives the profit from the top. Ideally, it would be nice to close the deal at the very top, but this moment is impossible to guess. The current one is drawn in red., still open trade at the level, about, 36%. She has already reached the level, from where, two times in the 15-year history of cotton trading using this system, the tops of the trade were reached and profits of the order of 9%. That's why, Thinking, and shouldn't I close Cotton in advance, without waiting for it to go down and carry off the crawling stop. Although, On the other hand, by time (number of bars in a trade) it's still too early — it is quite possible that this will be a record trade and if it is closed early, then you may not receive what you deserve :)
That just, Confirms Cotton's Medium Term System Trade — it is clear that all the records of the system have been broken for a long time and the profit is almost 40%.
Medium Term Cotton Trades (15 years):
I'm thinking of fixing, yet, half position :)
