Trading Plan: Automating trendtrading

I did some backtesting to see if its actually possible to auto trade trends and figured out

there are at least 10 different reasons why it most of the time this method will not be as profitable as trading trend entries discretionary.

Entry Rule: Go Long above the Price that was last swing high. Works on 10 Min Charts when you define last swing high as point where the Close 3 Bars ago was smaller than 2 Bars ago and the last Bar was smaller than the the bar before (in other words a pyramid and for short entries a pyramid upside down)

Exit Rules: End of Day, Entry in other Direction, Dochian Channel Trailing Stop, Breakeven after 30 Bars

Filters to avoid trades with less potential:

• To avoid going long on gap ups , I let the strategy check if the current day open is less than 100 ticks above the 200 ema or on gap downs that the open is more than -100 ticks below the 200 ema (vice versa for shorts
• Avoid making multiple trades in one direction
• Entering only at key times (2.30 am till 2.30 pm, avoiding 7 till
• Avoid going short when already in a long position above prior day high

With these filters the strategy is quite profitable, however lets see if this strategy can survive in forward testing...