Corn Swing for Tradestation
We are adding the Corn Swing trading system to our available trading systems on 12/28/2011. This strategy was designed almost five years ago and “Placed on the shelf”. We simply forgot about and stopped tracking this trading system. One of the reasons we did this is because this is a swing trade system. Our main focus has been on day trade systems. This month, December 2011, we pulled up the strategy and found the walk forward results too good to pass up so we have decided to add this trading system as one of our top strategies going into 2012, and our only swing trading strategy that we recommend right now.
Below is a post that we made on 12/21/2011 showing the results of Corn Swing. Look at the second half of the post below as the first part of this post is based on the Euro Currency.
This trading system uses a $400 stop loss and $500 profit target, trading on 30 minute bars. We also exit at the open of any day that shows a profit. The entry is proprietary. The strategy can also exit open trades at the end of the day and converted to a day-trade system, but the average profit per trade significantly decreases from about $86 per trade on average for swing trades to about $40 per trade on average for day-trades. This is before slippage and commission. The average profit per trade and recent performance can be improved by increasing the profit target to a larger number such as $800. Using an $800 profit target, the average profit per trade is right at $100 and the profit target is 2 times larger than the stop loss. This strategy does not use a stop loss or profit target at night and the largest losing trade is $1025 since the market can gap past our stop loss.
Below are the Tradestation Performance Summary results going back to 8/1/2006 with a $500 profit target, $400 stop loss, and no slippage or commission. The grain futures began trading electronically on 8/1/2006.