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Viper AT

  #6 (permalink)

United States of America
 
Trading Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009

Viper has released their official guidance on how to best set parameters to trade ScalperAT. In fairness to Viper, I will post back test results using NT 6.5 and the suggested recommendations as sent to Viper AT subscribers. I will simply present the data and withhold my opinion or recommendation.

Pictured below are the performance data, equity curve, and parameters for ViperScalperFuturesES (GLOBEX, E-mini S&P 500) trading one contract with a 5 Range chart. Trading started at 6:45 AM PST and ended 12:40 PM PST. With a profit target of 10 ticks and a stop loss of 12 ticks, Viper suggested a daily "net win" of one trade and a maximum daily loss of $300. If either of those situations occur, the system would stop trading for the session.

For the period starting 11/21/09 and ending 2/19/10, the system generated 49 trades resulting in a profit of $75 before commissions and subscriber fees. Proforma commission expense at $4.00 per trade was $196, and subscriber fees were $897, for a total expense of $1093.

Result: this system LOST $1018 after commission and subscriber fees.

Attached Thumbnails
Viper AT-viperscalperes.3monthperformance.jpg   Viper AT-viperscalperes3monthequitycurve.jpg   Viper AT-viperscalperes.3monthparameters.jpg  

Last edited by Zoethecus; February 21st, 2010 at 03:34 PM. Reason: Corrected trading times
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