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Thursday, August 22, 2013

Ninjatrader Indicators - 2013-08-22- Trade Log

Trade Log for August, Thursday 22

SRS Setup on Crude Oil October Futures Contract ( CL 10-13 )

Risk is always 15 ticks ( $150 ) per contract.

Only 2 signals today ;

First was a Long at 2:40 Eastern Time ( too early for me ) over Global Resistance and more than 50 Ticks available.
Second Trade was a Short, also from a Global Zone with more than 30 ticks available

SRS Setup on Gold, December Futures Contract ( GC 12-13 )

All Shorts Today, Big Winners with no less than 30 ticks available on those coming from Global Zones.

Automating Signals :

If we want to automate this system and trade all the signals, then we need to start by defining a fixed target.

I usually use a Fixed target of 10 ticks. In that case today we had 7 winners and 4 losers.

Total = 7 x $10 - 4 x $15 = + $10 ( ..so not a good day before commissions )

The stop remains as usual on 15 ticks ( $150 )

On the following Reports we can see the Performance on last 2 Months using 15 Ticks of Target :

Today Results :

Today was Breakeven

Daily Report :

Equity Curve :

Performance Report :

As we can see, this configuration has 60% Winners using a 1:1 Profit/Target Ratio.

To deduct commissions just multiply the number of trades ( 265 in 2 Months ) by the Round Trip Value of Gold on Your Broker ( usually near $5 ) ..Approx $1400 from the Total Profit of $7600.

This is not the only configuration available, using the strategy we can optimize and find settings to trade with the trend, against it, with bigger targets, or bigger win%

If you are interested in learn more about the SRS, you can register for the next free webinar on these links :