Cobra II Bonds for NinjaTrader
Cobra II Bonds was designed in August 2011 as an upgrade to our original Cobra Bonds (formerly Viper Bonds). It is a trend following systems for interest rate futures designed to take advantage of trends on five minute bars. It uses a 21 point stop loss or $656.25. Cobra II Bonds is similar to the Cobra Bonds but we have changed three basic concepts:
- Enters on stop orders instead of limits (as of October 16, 2011, a market order entry input has been added for increased avg trade profit)
- Stays in the trade longer, until 4:55 pm EST, 5 minutes before the electronic close
- Remove the dollar trailing stop loss
The benefit of these three differences is that we increase the average profit per trade to over $100. This is a large average profit per trade for a day-trade strategy. How does slippage and commission factor in and how do stop orders provide less slippage? See our post on the Viper Bonds II release to see answer these questions.
Order below and you will be sent to a link to automatically download the NinjaScript and start today. Watch the video below to see how we set this up on the 30 Year Treasury Bond futures and the performance for this strategy.
Cobra II Bonds
(formerly Viper Bonds II and is demonstrated as Viper Bonds II in video)
Can I purchase the open code?
I have spent hundreds of thousands of dollars developing strategies. There has been a great deal of trial and error in the last 15 years to determine what works best. I do offer the the open code to my strategies. I consider this my intellectual property. You can purchase this strategy and any of the other strategies on the Purchase page. You must also fill out a Non-Disclosure Agreement in order to purchase any of the open code strategies.