Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982 has had over 1,226,237 subscribers from 174 different countries. 37,000 Page Traders’ Archive for $89.99
The Maximum Favorable Excursion Strategy by D. Stendahl and L. Zamansky
ARTICLE SYNOPSIS...The Maximum Favorable
Excursion Strategy
by David C. Stendahl and Leo J. Zamansky
Maximum favorable excursion (MFE) is the peak profit that
a trade earns before the trade is closed out. Reviewing the
performance of a trading system allows us to measure