: Backtested results often look better than live trading because of the high-speed nature of index futures. v.4b includes buffers to account for these costs.
: It aims to identify high-probability entry points by "bearing witness" to specific price action triggers rather than over-relying on lagging indicators. 🛠️ Key Features
: For users with the developer version, the EasyLanguage code is often accessible for audit and customization. 📈 Performance Characteristics
While specific returns vary based on market cycles and user settings, the v.4b update focused on:
"Bare Witness v.4b" is a sophisticated developed by Wandertree (specifically associated with developer Kevin "Kozmo" Davey). It is designed for use on the TradeStation and MultiCharts platforms, primarily targeting the E-mini S&P 500 (ES) and E-mini Nasdaq-100 (NQ) futures markets. 🚀 Overview of Strategy
: The v.4b version was specifically tweaked to handle the increased "gap-and-go" or "v-bottom" price action seen in recent years. ⚠️ Important Considerations