DAX NightTrader is an automated trading system that trades the DAX futures starting at 2 am NY Time. The regular trading hours for the DAX are from 2 am – 4 pm EST. This strategy is ideal for those who want to day trade the European markets.
DAX NightTrader also works on the MultiCharts and NinjaTrader platforms and can take a maximum of one trade per day. It uses a 300 Euro Stop Loss and the Surge Exit. It also exits long trades by 3 am EST and short trades by 5 am EST.
It trades on one minute charts and uses limit orders to enter trades.
DAX NightTrader Tradestation Performance Summary
*with $25 round turn slippage and commission
*Date range is 4/1/2006-2/21/2013