Brian

Brian is a flexible trend following algorithm which uses multiple filtering techniques to hone entries and exits.

Brian has been designed to catch every major trend without fail. The inevitable problem all breakout or trend following algorithms face is their propensity to get chopped up during sideways market action. Brian addresses this problem via the ‘Risk’ setting which allows the user to determine the market conditions via a risk/reward standpoint.

During periods of sideways action, the risk setting should be increased. This will reduce the number of signals Brian gives and increase the odds of the breakout leading to a continuation.

Brian signals profit taking signals via blue flags. These always occur at a user defined risk to reward ratio. Partial profits should always be taken as soon as these flags occur. It is advised to use a user-defined trailing stop loss on the remaining position which suits the user’s own risk preferences.