Hi Richard,
I look for a Profit Factor of at least 1.2 because it tells me the strategy is profitable.
I look for a Drawdown of less than 10% because the deeper the drawdown the longer it takes to recover the loss.
I look at the count of trades as this tells me how active is the strategy.
I look at Profit as I can take it and divide it by the number trades so I can forecast expected profits in the future
So I am looking for an active strategy, the profitability of the strategy, quickly recovery from a drawdown, and expectation of future profits.
Alan,