I mentioned in my Daily Journal about the considerable interest in the Double-7’s strategy that was posted on our social media sites (HERE).

It’s all good and well to look at the backtest results, but it does pay to look at the charts and signals as well. There are a few reasons:
(1) To ensure the logic is executed as it should be, and
(2) To see things that backtesting reports don’t really tell you

Here’s a prime example from the Double-7’s strategy which is designed to be a shorter term mean reversion strategy yet can actually hold positions for many months. The reason is that the exit is very weak and to make a higher seven day close requires quite a bit of work at times.