Navigator Trading System

Reiner · Thu, 23 Feb 2017 16:57:59 +0000

Hi guys, The tendency of the last and first days of the month is one of the most well known and reliable statistical setups. This pattern has been working for decades and in many indices. I would like to share a trading system that based on the TDOM (trading day of the month) idea from Larry Williams one of the famous statistical traders. The basic idea is to short the market around the first trading day of the month and to turn the position at the statistical monthly turning point. The system uses smart position management mechanism such as order cumulation, position sizing based on historical monthly behavior and maximal position size monitoring. Money management will be done by procentage stop loss and take profit orders. The system is very simple but amazing profitable and works without any technical indicators. The idea looks like a holy grail but of course it isn’t and I would like to point two issues: – the algo is relatively long time invested (in average 43% of the month) and this means significant overnight costs for cfd’s and potentialy a higher drawdown risk – wide stop loss value for long positions, backtest shows only moderate losses but also a significant max drawdown which mean higher volatility of running P&L which some may find hard to handle. The so-called Navigator trading system works in all intraday timeframes and the backtest was done with 200.000 4 hours candles. Please find attached the first version for the DAX. Reviews and suggestions for improvement are welcome. Best, Reiner Navigator strategy offers a statistical advantage but is of course not a holy grail and there is no guarantee to make money with it. The system is optimized for historical data and historical gains are not a garantee to be successful in the future. I strictly recommend to adjust the position sizes to your personal account size and try first in demo mode. The results in life trading will differ from the backtest results. I also recommend to start in life trading with a small account size. Anyone can use the programs for free and at their own risk.

This topic has 151 replies, 37 voices, and was last updated 6 years ago by stockdemon.

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03/28/2017 at 4:57 PM #30171

Paris

navigator V1 is still in position since 12 march .

Paris
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03/29/2017 at 12:48 PM #30206

kg6450

Is everyone running this on the 4H timeframe? I tried to run both V1 and V2 on the 4H DAX on spreadbet and I do not get any results, but I do on the 1H.

Has anyone else had this problem?

kg6450
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03/29/2017 at 3:51 PM #30221

Potto

I’ve both Navigators in Demo since last week but no one has already started.

Waiting to choose to put one of them in real.

Potto
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03/30/2017 at 12:02 PM #30320

Pere

I think it will not start until the present trade finishes.

Pere
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03/30/2017 at 12:10 PM #30329

kg6450

Bur has anyone tried to backtest it? on the 4H timeframe there are no trades in the last 100,000 bars. Trades are only made on the 1H timeframe

kg6450
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03/30/2017 at 5:16 PM #30380

manel

@ kg6450.. The systems were backtested on 4H and the results are shown in the earlier posts so it’s strange that you are getting nothing in backtest. Do you get any error message ?

manel
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03/31/2017 at 12:50 PM #30502

kg6450

No, no error message at all, it just shows me that no trades were made in that time. However when I test on the 1H timeframe, it backtests normally

kg6450
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03/31/2017 at 12:54 PM #30503

CN

Adjust the nbr of bars to 100 000

CN
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03/31/2017 at 2:50 PM #30525

kg6450

My ProRealTime only goes back 10,000 bars (its the IG version)

kg6450
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03/31/2017 at 2:53 PM #30529

CN

IG goes back 100 000

CN
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03/31/2017 at 3:27 PM #30542

Potto

IG goes back 100k, try to write it manually selecting X

Potto
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03/31/2017 at 4:19 PM #30550

kg6450

Sorry, I readjusted it and it still shows no trades, is this using the DAX DFB on spread bet? Could someone link me the correct .itf file if I’m wrong please?

kg6450
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03/31/2017 at 8:31 PM #30567

GraHal

KG I am on UK IG Spreadbet and the attached Bot does not give me any trades at all on 4H … well weird??

But I get 126 Trades over 100,000 x 1H on the Dax.

Bot attached.

Grahal

GraHal
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03/31/2017 at 9:26 PM #30570

Paris

works perfectly for me …….

navigator v1 has just close …….

11 954 to 12 313 not bad

Paris
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03/31/2017 at 9:43 PM #30571

Eric

UK time is 1 hour off so the 4 hours bar is “different”

try change the time

Eric
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