DAX NightTrader

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 trading on January 24, 2013

DAX NightTrader Tradestation Performance Summary
*with $25 round turn slippage and commission
*Date range is 4/1/2006-2/21/2013

DAX NightTrader Tradestation Inputs

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATION, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. INFACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULT AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION,HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS. THESE PERFORMANCE TABLES AND RESULTS ARE HYPOTHETICAL IN NATURE AND DO NOT REPRESENT TRADING IN ACTUAL ACCOUNTS.

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