Last update: 1.6.2009

"Saxon" trading strategy

The "Saxon" is a volatility breakout strategy. It uses a Bollinger Band to check for low volatility (narrow band) and trades breakouts out of this narrow band.
The filtering bandwidth band is made adaptive, so that the threshold above which no trades are allowed is a multitude of the ATR.


The Bollinger bands used here are calculated on a TEMA (Triple Moving Exponential Average).
(Parameter set and programing code of Bollingerbands(TEMA) are disclosed to trading-course subscribers only!)

This strategy works at all times at all markets. It may trade only one time per month, but it does so with a high hit-ratio and very low drawdowns. It should be used as part of a portfolio.

Saxon strategy, FESX market:


Saxon, equity curve:


Saxon, a closer look at a long trade (buying into a rising market):


Saxon, a closer look at a short trade (selling into a falling market):

Short strategy report:
Name of Strategy: Saxon
Setup: Vola Breakout with Bollinger Band (TEMA)
Market: FESX, 1999-2006, 93 months
Net gain: € 23106
Number of trades: 152
Hit ratio: 46.05%
MDD: € 1510
ZEN 5%: 7.32