This is vanilla MNT with the standard 30 stop just for June. Unfortunately the two sell orders that stopped out in June have given vanilla MNT a -90 loss run offsetting the +110 pips wins to only +20 including today.
However, going back to when I started recording all data to the 17/5/10 the vanilla MNT is sitting @ + 59 pips.
But I still think it is now good practice to use at least a 33 sell stop (33S) . It seems "buy" orders catch MNT out far less than "Sell" orders. With the MNT 33S the figures are much better.
June TD MNT 33S +100 pips
17/5/10 to date MNT 33S +139 pips. (21 trades, 19 wins +190 pips , 2 losses -51 pips , net gain +139 pips, 91% bank rate to date).
I don't have the data to back test MNT33S to June 09. But it is safe to assume that on good vanilla NT months MNT33S will keep a high bank rate as if NT wins, MNT wins. It's more important to back test how MNT33S performs on poor NT months.
What I do find interesting is no one has come forward and admitted thay have back tested MNT / MNT33S and declared it a risky failure. Maybe some lurkers here have done such an exercise and seen fauvourable results so are keeping stum?
M