Bonds Strategy go short if PercentR is above 15

No investment advice but Larry Williams traded the Treasury Bonds pretty good in 1987 by relying on indicators like PercentR

Look for his trading record where he turned 10k into 2 mil by end of september 1987 with trading bonds and S&P 500.

On the Chart you can see his 1987 entry dates but applied on a 2021 chart, so there are plenty of opportunties to apply his strategy this year.

Obviouly the short entries if PercentR indicator was above -17 are only one part of the equation.

Position sizing is key, larry started with 1 contract but quickly went to 5,10, 50, 100 contracts to archive a 10.000%+ performance.

Going Long if PercentR is below -80 is also an option but first there needs to be an uptrend in place.

Back in 1987 larrys biggest winning trade was 1328$ profit per contract (280 contracts closed on 9th september)

Keep in mind that his biggest loosing trade was with 400 t-bonds on 19th october (629k loss)

To avoid bigger losses any strategy should be seen as a setup on a daily chart but then on the lower time frame you can place a much more reasonable trade with a pre-defined stoploss level.