Universal on YM 5-Minute Chart

[swansjr 10]

For a few weeks now I've been tracking a 5-minute setup on the YM market. The settings are listed below. The test simply consists of create a chart with the proper settings (see below) and allowing it to "trade" on live market data. I hope to track the performance over a series of weeks and/or months.

 

This thread is the third in a series of charts I'm following to get a better idea on the Universal trading system. The two other charts are:

 

YM on 89-Tick Chart

ES on 5-Minute Chart

 

 

Settings on YM 5-Minute Chart

 

[swansjr 10]

Here is the first update containing trades from May 29, 2009 through July 2, 2009. First is an image of a good trading day. If there is a trend for the a given day this system rides most of it. It seems these 5-minute charts do well for trending days but will get chopped up on non-trending days.

 

System Trades on a Trending Market

 

 

On with the results...

 

Summary

 

 

Equity Curve

 

 

The following is a more detailed look at each trading day.

 

[swansjr 10]

Below are the results through September 25, 2009. As you can see this is a losing strategy as it stands today.

 

Trades take into account commissions only.

 

Results Summary

 

Equity Curve

 

 

I've been tracking seven strategies across YM and ES and the summary is below.

 

All System Summary

 

 

 

Nothing stands out as decent. I sorted the system by best performing on a per trade basis. The reverting nature of YM and ES on an intraday basis seems to play havoc with Universal. This makes me wonder if any of the following would improve the system:

 

1) if the currencies or commodities

2) trading on larger timeframes including holding positions over several days

3) only trading during the first two hours or last two hours in the day when the markets tend to trade

4) only trade during a trending market. Maybe some type of filter such as volume or ADX

 

In short, trading this system blindly for the entire day, every day, does not work. My limited experience suggests using Universal selectively. Again, the markets don't often trend and that's exactly how Universal makes money.

[daedalus 10]

Interesting stuff. I never could seem to get any kind of consistency in the results. The P/L's always seemed to be up and down and up and down with marginal (if any) profit left at the end.

 

But that was just my experience. In disclosure, I was using the Universal Replica that was available for download for free by another company.

[swansjr 10]

Interesting stuff. I never could seem to get any kind of consistency in the results. The P/L's always seemed to be up and down and up and down with marginal (if any) profit left at the end.

 

But that was just my experience. In disclosure, I was using the Universal Replica that was available for download for free by another company.

 

This was all done with the Universal Clone. Consistency is a problem if I just let the system trade all day, every day. This makes me wonder if limiting time and/or dates it trades would it produce better results? Backing to testing...