Universal Clone Does Well on Euro Currency Futures

[swansjr 10]

I've been testing various ES and YM trading charts using the Universal Clone day trading software since the early summer of 2009. I've posted some of my results over the months and you can find those posts here:

 

Universal on YM 89-Tick Chart

Universal on YM 5-Minute Chart

Universal on ES 5-Minute Chart

 

In short, I've been unable to find a satisfactory chart using the stock index futures. Keep in mind I'm using the Universal Clone with static settings. I understand there are methods to trade the Universal Clone with a dynamic inputs however, I've yet to test this aspect. All tests again, revolve around static inputs. However, there is one chart that did perform well and that was the Euro Currency futures (EC).

 

In short, $11,000 in 45 days!

This was done with all out of sample data on live market data. I started testing this chart on October 19, 2009 and the results are below are through December 4th, 2009.

 

Summary Info.

 

R Distribution of Net Profit

 

Equity Curve

 

I know this is hardly a massive sample of trades. It only covers 45 days, but it's a promising start. Also, this system requires at least $30,000 in your account based on the daily risk of $800.

 

What I like is the average profit per trade is $45. This includes commissions but does not include slippage. However, many of the trades are executed with limit orders. I was surprised to see how well it worked and feel that my energy will be used to study the EC and other currency futures markets.

 

Would love to hear from others who have used the Universal or Universal Clone on the currency futures markets.

[robertm 10]

Love the R distribution graph :-), paints a picture like nothing else.

 

I found that systems I developed on the mini's markets worked much better on FX. Better risk rewards, less slippage as the ticks are smaller etc. The fact there isn't really a "close" to the session so your trades can run out their course is one of the benefits. Nasty time zone if you are US based though & want to grab the EU session which is pretty important.

[brownsfan019 17]

How does this look on the CL oil contract? Just curious.

[swansjr 10]

How does this look on the CL oil contract? Just curious.

 

Good question. I have no idea at this time. I don't have access to CL nor do I have any chart settings. Gold would be another one to try.

[brownsfan019 17]

It would be interesting to run the CL to compare to the Euro to see if there's a better market among the two.