Great systems start with great people… Another winning day Friday, this is a consistently great performer worth trying. -TKT
Excellent Strategy, Strategy with excellent results. What to add? Nothing, the results speak for themselves. – J.
Good one! Worth of try. Gives good return! – J.
Excellent, very impressive strategy, win rate execellent, very pleased. - H.H.
Impressive. So far the win rate has been excellent, a very dependable strategy. - A.
Best Bond System. This is the best available system I've seen on 30Yrs bonds. - G.T.
Entry Logic – As soon as the entry pattern has been recognized, a signal will appear at the start of the eCBOT session at 5:00 p.m. Exchange Time (Chicago), with a market order. The system will stay with that position overnight, and if necessary, into the day session until the profit target has been reached, or the stop loss has been triggered, or the end of the trading day has been reached at 4 p.m. Exchange Time. The position will not carry forward into the next eCBOT session. There will never be more than one trade per day.
Data - The system requires 1 year of @US daily data.
Signals – The system generates about 250 signals each year, a quarter of them are short trades, while three-quarters are long trades.
Money Management Rules – For best results, the profit target should be set at $312.50 and the stop should be set at $625. This is the default setting. However, the user can change these according to his or her risk tolerance.
Version 9.1 (Update 25)
There are three user-defined inputs.
1) NumberOfContracts. The default value is 1.
2) ProfitAmount. The default value is $312.50, but can be changed to suit the trader’s risk-return profile.
3) StopAmount. The default value is $625 but can be changed to suit the trader’s risk-return profile.
FORMAT SYMBOL - for Back Testing
FORMAT SYMBOL - for Live Trading
x= H (Mar), M (Jun), U (Sep), Z (Dec)
Example: @USM13 for US contract expiring in Jun 2013
DATA RANGE - 1 Year Back
Time Zone = Exchange Time (Chicago)
PROPERTIES FOR ALL
Commission = $2.50 per Trade
Position Slippage = $0 per Trade*
Initial Capital = $7,500
Account Size = $15,000
Max number of bars study will reference = 50
Intra-day Peak to Valley = $8.5K
Trade Close to Trade Close = $7.0K
Max Trade Drawdown = $625
Star is a 21 hour long day trading system developed to capture small movements in the US 30 Year Treasury Bond Futures market based upon a proprietary technique. It is an easy system to trade because it just requires one bracket order at the start of eCBOT, and no more monitoring till the close of eCBOT.