Grains DayTrader II Trading System
This system is added on 5/09/2011. Soybeans Daytrade II is a system based on a single rule that was added to Soybeans Python at the beginning of 2009 based on market observations in Soybeans. Since 2009, Soybeans Python included two independent entry rules, based on our Python strategy and the new rule that we added based on market observations. The Python trading systems has been used on stock indexes starting in 2000 and was gradually applied to other markets such as Soybeans. Since 2009, the Python based rule has not done well in most markets. The other independent rule that was added to the Soybeans Python at the beginning of 2009 when tested alone (in rule isolation) has done really well. I have separated this rule into a system of its own, Grains Daytrade II.
The strategy trades only during the regular day session hours from 9:30 am – 1:15 pm CST on a one minute chart.