Question about MicroTrend Strategies on the /ES

Hello,

I have been trying your automated strategies in NinjaTrader 7 on a simulated
account.

Is there a particular timeframe the strategies tend to work better for
daytrading the /ES?

I use minute, range, and tick charts, and have tried each of them with the
simulated account. The 5min chart is the one where I normally have the most
success in discretionary trading, but the 6 range chart (so far) has been
the best with the your strategy trades I have executed.

Also, is there a particular strategy that normally has a lower drawdown than
the others? I am looking into:

MT2

MT3

MTMACrossover

MTScalper

MTExtremesSSCCI

MTExtremesBOLL

MTExtremesRSI

MTSqueeze

Thank you,

Leon Mayberry

Hi Leon

I have to be honest the changes from NT6.5 to NT7 strategies are so great that i am going to have to backtest and optimise all of them afresh and publish parameter set guides - which reflect the various styles of trading for some popular futures and forex markets.
The quick answer is that settings and guides will come out over the next few weeks.

Essentially a Hedge Fund or commercial operaton would not say i like a chart type so find me a strategy to trade it, they would select a diversity of systems which are neutrally correlated trading the same instruments in two or more acocunts - across a diverse uncorellated portfolio.

Due to the fact that you may not have severval 1000,000 in funds available a smaller account retail trader will need to research and select a strategy that fits their own trader psyche, so the best settings for the system are not always measured by $ but the the ones that are viable and fitting how the trader likes to trade. Backtesting provides the statistical evidence and correct psychological stance to cope with drawdowns.

Perhaps it is a smple case of saying how am i trading? what's similar to that in terms of robot?

Instead of offering a managed service we are really offering technology that those wishing to can use to model and trade with via a free for testing approach so that traders can learn without cost or free trial pressure to mechanically trade. Strategies are built on a transparent trend or mean reversion/ hybrid system, this approach allows traders to experience first hand how popular systems functon as well as some proprietary, without all the marketing propaganda and stupifying claims of most of the vendors....

Later in the year i will be releasing black box robots which have no parameters for those trades who dont really want to learn or dont have time to research their own tailor made settings etc. It will simply offer one or two models based on trading frequency, win ratio and risk reward to suit the traders preference.

So currently it is a case of getting to know first hand as you are already doing. As you know then prequistres will include knowing how to use the Strategy Analyzer, historically test, optimize,view the performance results of a backtested strategy and understand the backtest results, simulation test and then potentially live trade.

Strategy selection, market selection must go hand in hand with your trading style.

For me to assist in any way I would need to know your trading as one size does not fit all.

For example you may consider the following styles of trading:

Day trading
Scalping

Day trading -Position Trading

Swing
Position Trading

Trading Methodologies
Trend Following
Mean Reversion

Trading Win Ratio vs Risk Reward Models
High Frequency Trading
Frequent Smallish Winners - with the odd larger Losers
>50% Winning ratio
Negative or neutral Risk Reward <= 1:2
or
Medum to low Frequency Trading
Less Frequent Large Winners with more frequent losers
<50% Winning ratio
Positive Risk Reward >= 1:2

I can recommend varous strateges and settings based on where you want to go. Or it may be a case of research so you uncover that and find your preferred mode of trading.