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Metrica II MES Trading System
To learn more about this system,
Call 800.669.8838/312.987.0043 or Email us» . |
Developer: TradingVisions Systems, Inc |
Market Sector: | Stock Indexes |
Markets Traded: | |
System Type: | Swing Trading |
Risk per Trade: | Varies |
Trading Rules: | Not Disclosed |
Suggested Capital: | $800 |
System Cost: | $6.50 Monthly Subscription |
Results Available?: | Contact us for Info |
System Description: | Metrica II WFO ES Conservative is a highly selective swing trading system for the e-mini S&P (ES) that waits for a unique data signal that the market is oversold, with fear dominating price action, or that the market is overbought, with complacency dominating. These two extremes have a tendency to provide excellent trading opportunities. Metrica's correlation with the other TradingVisions systems--AXIOM and Sentinel--is near zero, which makes it an excellent portfolio component that significantly increases hypothetical profits and decreases drawdowns (search for Vista Portfolios in the Glossary). Unique among systems, Metrica uses the same logic to also trade the 10-Year T-Notes (TY). Because stocks and bonds have almost zero correlation over time, ES and TY are inherently a good combination, often moving in opposite directions, and their equity curves have zero correlation. To see the combined performance, search for Vista II-4.19A in the Glossary. Metrica is highly selective in waiting for a unique data signal that the market is oversold, with fear dominating price action, or that the market is overbought, with complacency dominating. These two extremes have a tendency to provide excellent trading opportunities. It is in the market about 11% of the time, with the average trade lasting a little over 8 days. A combination of protective stop and profit lock stop are used to enhance the tradability of the system, though 85% of the exits are signaled by the system logic, rather than an exit stop. As with the other WFO systems, Metrica's main parameters are re-optimized on an annual basis, and the best values are used for the next year. Because the latest year's data is added to the entire body of prior data, parameters tend to be quite stable, though there is a useful degree of adaptability. Additionally, the out-of-sample period for ES showed profits of over 50% of the in-sample study period, demonstrating that the strategy is not overly curve-fitted to the study data and was performing close to its ideal, a promising sign for real-time trading. Metrica tests profitably over a wide range of parameters, indicating its robustness. |
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