Viper AT | Trading Reviews and Vendors - futures trading strategies, market news, trading charts and platforms

Trading Reviews and Vendors

Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons


Viper AT

  #9 (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 ViperScalperFuturesCL (NYMEX, Light Sweet Crude) trading one contract with a 6 Range chart. Trading started at 6:00AM PST and ended 11:00 AM PST. With a profit target of 25 ticks and a stop loss of 33 ticks, Viper suggested a daily "net win" of three trades and a maximum daily loss of $990. 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 285 trades resulting in a profit of $3410 before commmission and susbcriber fees. Proforma commission expense of 4.00 per trade was $1140, and subscriber fees were $897, for a total expense of $2037.

Result: this system WON $1373 after commission and subscriber fees.

Attached Thumbnails
Viper AT-viperscalpercl.3monthperformance.jpg   Viper AT-viperscalpercl.3monthequitycurve.jpg   Viper AT-viperscalpercl.3monthparameters.jpg  
Reply With Quote