ALSO PLEASE READ:
Most of the draw down occurs when market is getting tighter in it's consolidating. after a certain % of swing variance, the strategy is ineffective and wastes trades on signals occurring from the adaptive sensitivity of the GM indicator.
I am working on method to suspend trading when consolidation is occurring.
Idea goes something like this:
If BBands area (for last x bars) is <= KC area + KC padding (for last x bars) then suspend positions until BBands are outside of KC.
Essentially, a kind of TTM Squeeze suspension. It will prevent optimal entry on a break-out, however this will be offset by the mitigation of loss from the hoards of trades made during tight consolidation patterns.
IF ANYONE KNOWS HOW TO DO THIS LINK ME!