BigBarChaser 1 MIN Trailing

BigBarCahser 1MIN Trailing (ES & YM)
The BigBarChaser 1MIN is an adaptive breakout and trend-following strategy designed for the E-mini S&P 500 (ES) and Dow Jones (YM) on a 1-minute chart. Unlike rigid breakout systems, this strategy allows trades to develop and run as long as the trend remains intact, maximizing profit potential while accepting a higher number of losing trades.

How It Works
✅ Momentum-Based Entries: Uses a more flexible set of conditions to identify breakout and trend continuation opportunities.
✅ Trend Following: Instead of setting a fixed take-profit level, trades are managed dynamically, staying open as long as the trend remains strong.
✅ Trailing Stop-Loss on SMA12: Risk is managed through a 12-period simple moving average (SMA12) trailing stop, ensuring trades stay open during strong trends and exit when momentum weakens.
✅ Higher Risk, Higher Reward: Accepts a greater number of small losses but relies on long-running profitable trades to cover and exceed them.
✅ Multi-Market Application: Optimized for both ES (S&P 500 E-mini) and YM (Dow Jones E-mini), making it versatile across major indices.
✅ Position Sizing: Backtesting results are based on trading 1 ES contract, demonstrating realistic performance over longer periods.

Performance
✅ The strategy has shown strong profitability over extended backtesting periods, even with more frequent losing trades.
✅ Trend-capturing ability allows for major winners that significantly outweigh smaller losses.
✅ Designed for traders who prefer to let winners run rather than take fixed profit targets.

How to Use It
✅ The script automatically executes trades based on trend confirmation—no manual input is required.
✅ No fixed take-profit levels—trades are exited when the SMA12 trailing stop is hit.
✅ Best suited for traders comfortable with higher risk and trade frequency in exchange for higher reward potential.

Disclaimer
"This strategy is a trading tool designed for traders seeking structured breakout and trend-following setups. While it follows a defined approach, trading involves risk, and there are no guarantees of profitability. Past performance does not guarantee future results. Users are responsible for their own trading decisions and should conduct thorough research before using this strategy in live markets. This is not financial advice."