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Cobra CT V DAX NinjaTrader Money Management Algorithm Setup

Posted by David Bean on

The DAX can make sharp moves and one of our favorite ways to capture counter trend reversals is with Cobra CT V DAX. In February 2014, we release Version 2 of this strategy to work on charts without the custom session. We also use a market order to enter trades instead of the limit order used in Version 1. The market order simplifies the strategy and allows us to trade this strategy without a custom session.

Trade from Thursday, February 14, 2014
NinjaTrader DAX Cobra CT Money Management Algorithm

We can improve Cobra CT V DAX with the Money Management Algorithms. In the video below we show how the Pinpoint Entry algorithm from the Money Management Algorithms, waits for a $50 loss on the original strategy to get in (on a closed bar basis), helps us to improve performance.

The input and data setups for Cobra CT V DAX and Money Management Algorithm version are below the video. We also show the performance for each with the improvement in the strategy being a reduced drawdown by almost 50% while boosting the average trade profit.

DAX Cobra CT V Setup

DAX Cobra CT V Performance
Slippage and Commission of 25 Euros Round Turn included
Using LiberalWithOpen Fill Type
NinjaTrader Performance Summary for DAX Cobra CT

DAX Cobra CT V Data and Input Settings
DAX Cobra CT V Data and Input Settings

DAX Cobra CT V Input Settings in NinjaTrader Platform

DAX Cobra CT V Performance with Money Management Algorithms
Slippage and Commission of 25 Euros Round Turn included
Using LiberalWithOpen Fill Type
DAX Cobra CT V NinjaTrader Money Management Algorithms

DAX Cobra CT V Money Management Algorithm
Data and Input Settings
DAX Cobra CT V Money Management Algorithm Data and Input Settings

DAX Cobra CT V Money Management Algorithm Input Settings


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