FOREX Simplicity Swing Trading Program Tradestation
What are some of the signs of a classic robust system?
1) It should work on many markets
2) It should work on higher level time frames
3) It should be simple
That's what this system is all about. There are only two parameters to the entry technique - one parameter to the most basic of indicators and a parameter to a chart pattern. Check out the amazing results shown in the performance reports below that are available when traded on daily bars across many different markets. The results are equally impressive when traded on weekly charts.
This system is based on the fact that all markets pause or pull back when trending. It catches the resumption of the trend very simply and effectively.
I wouldn't buy anything with out understanding how it works. I wouldn't expect you to spend hard earned time and money without the confidence in this understanding and its completely researched backtests either. Thats why I provide:
a) The plain english description of the rules. You certainly don't need tradestation to trade this system. You can use the tradestation reports to gain an understanding and fell for how it trades though.
b) The tradestation source open code.
i) You can incorporate this code with your own ideas or in your own systems to make them better.
ii) You can use this code to test the parameter sensitivity of the system (how well it stands up to changes in the input parameters)
iii) You can use this to auto trade any market that accepts a tradestion signal, such as FXCM for Forex or Tradestation brokerage for Currency or Index futures / Stocks for example -- for the ultimate in stress free trading.
c) The performance results of the backtests, which backs up the claims that this is probably one of the most powerful systems you've seen, especially considering the lack of parameters to optimize.
The bonus with this system is that it can be traded against many, many markets. Have a look at the results of the S&P Emini market performance backtest below. The NQ, and Russell and MidCap also perform well - but not quite as well as the S&P Emini. Doing this will allow you to maintain high $ / trade, high accuracy, smooth equity, and high profit factors with your trading.
Description of Pictures Below:
The first two are the equity curve and profit summary report on the EURUSD using the method that generates the most $$ on this market.
All other charts show the performance using the exact same parameters. Note, this shows the robustness across markets and timeframes. Charts are GBPUSD daily, ES daily, GBPUSD weekly, Bonds Weekly, EURUSD daily.