Entry Logic – As soon as the entry pattern has been identified, a signal will appear at any time after the market opens at 8:30 am Exchange Time (Chicago), with a limit order. Under certain circumstances, SOLAR will take an additional position. The system will stay with either the single position or the double position until the profit target has been reached, or the stop loss has been triggered, or the position is closed at the end of the trading day at 15:00 pm.
Data - The system requires at least one month of @ES.D 15 min regular bars data.
Version 9.1 (Update 25)
There are no user-defined inputs.
By default the system will trade up to two ES contracts deciding automatically when to take profit and when to stop itself out.
FORMAT SYMBOL - for Back Testing Symbol=@ES.D Interval=15 minutes
FORMAT SYMBOL - for Live Trading Symbol=@ESxYY.D Interval=15 minutes
x= H (Mar), M (Jun), U (Sep), Z (Dec), YY= year.
Example: @ESZ15.D for ES contract expiring in Dec 2015
DATA RANGE - 30 Days Back
DISPLAY- Time Zone = Exchange Time (Chicago)
PROPERTIES FOR ALL
Commission = $2.50 per Share/Contract
Position Slippage = $0 per Trade*
Initial Capital = $25,000
Account Size = $25,000
Max number of bars study will reference = 50
* based on limit order entries and exits
SOLAR is a regular trading hours day trading system developed for sophisticated traders to capture small sized movements in the S&P 500 Futures market based on several proprietary techniques. It can be used as a decision support system or as an automatic trading system. It does not carry trades overnight, like it's bigger sister Solaris. This system is included with the Solaris system, but may not be purchased separately.