Cobra Bonds ETF Trading System

Cobra Bonds ETF is the Exchange Traded Funds version of our Cobra II Bonds strategy normally traded on the interest rate futures.

Taking a look at the Bond ETF we select the TMF and TMV symbols.  TMF is the 30 Year Treasury Bull 3X and TMV is the 30 Year Treasury Bear 3X.  The 3X stands for 3 times leverage.  There is a bull and bear version of the 30 Year Treasury ETF so that traders who want to short the 30 Year Treasury’s can go long the 30 Year Treasury Bear ETF 3X and for those that want to go long the 30 Year Treasury’s can go long the 30 Year Treasury Bull ETF 3X.

We will look at 1000 share trades on these markets, going long only on each, with no slippage or commission taken out.  These markets only go back to 4/21/2009 but are based on our Cobra II Bonds trading systems.

Below is the report for Cobra Bonds ETF Trading System.  You can lease this strategy directly from the Tradestation Network and take advantage of the 10 day free trial.

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The inputs for the strategy are listed below and show how to setup the inputs.

Cobra Bonds ETF Input Descriptions

shrs = 1000 by default and can be adjust for account size.

MaxDailyEntries = 2 (default) the maximum number of entries per day.

MarketOrders = True by default.  When this is set to True, the strategy will enter trades “Next Bar at market”  This must be set to False if StopOrders or LimitOrders is set to True.  One of only three of the inputs MarketOrders, StopOrders, LimitOrders should be set to True at any one time.

StopOrders = False by default.  If StopOrders is True, the strategy will enter trades using stop orders by entering long at the close + StopPoints (the next input listed).

StopPoints  = .02 by default.  If the previous input, StopOrder is True, then the strategy uses this input and as the number of points to enter from the current bars close using a stop order.

LimitOrders = False by default.  If LimitOrders is True, the strategy will enter trades using limit orders by entering long at the Close – LimitPoints (the next input listed).

LimitPoints  = .02 by default.  If the previous input, LimtOrders is True, then the strategy uses this input and as the number of points to enter from the current bars close using a limit order.

LongStartTime = 930  The time to start taking long trades.  In EST, adjust to your timezone accordingly.

LongStopTime = 1400  The time to stop taking long trades.  In EST, adjust to your timezone accordingly.

ShortStartTime = 930  The time to start taking short trades.  In EST, adjust to your timezone accordingly.

ShortStartTime = 1400 The time to stop taking short trades.  In EST, adjust to your timezone accordingly.

LongExitTime = 1555  The time to exit long trades.  In EST, adjust to your timezone accordingly.

ShortExitTime = 1555 The time to exit short trades.  In EST, adjust to your timezone accordingly.

StpLs = .65 The stop loss per share.  The default is set to 65 cents since our Bond futures uses the $650 stop loss.