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| NEWYORK
DOWN DAX |
Ranking
: 9º |
AUS: 28 |
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| STATISTICS |
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The system NewYork Down is an evolution of the NewYork. Designed for the future of the DAX, we also have used it with great success in ESX. This system is an intraday type, and works on 15 minutes bars .........
This system share the same base of his predec essor, but the whole DYNAMICAL treatment of the Stops, Trailing ones, ranges, etc, have been replaced to get a "more traditional" system but not with worse results.
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| Total Profit |
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| Monthly Profit |
€ |
| NºTrades |
1327 |
| Positives Trades |
557 |
| Negatives Trades |
770 |
| Trades Average Profit |
€ |
| Positives Average Profit |
483410 € |
| Negative Average Loss |
-347525 € |
| Max Drawdown |
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| Present Drawdown |
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| Reliability |
42 % |
| Since 2001 January until today. |
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The functioning is similar to the other, using the Balance of Point oscillator and an average that indicates us the tendency , as well as the maximum and minimal points of a number of bars behind that it will be used by the system to determine the entry points . Visit the New York system page to obtain more information.
The management of the exits is much simpler that in the NewYork, taking only a fixed stop loss of 20 points, doing this we want to simplify as maximum as possible the management of the exits. The reason for this decision it has been after seeing the behavior of the system NewYork and the complexity of the exits that sometimes was provoking a coupling too accentuated at some concrete moments of the market, harming some operations. So we decide to develop an evolution of this system taking the same base of the entrys management of the NewYork and as exits management a simple stop loss.
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As regards to Money Management, we only have developed a strategy in which the system will enter with 2 contracts during the greatest movement of the market and only with one when the market is more stagnant.
The obtained results have been opposite to those of the NewYork, that is to say an excellent functioning on the Dax and a very good functioning on the ESX, though it stand out the functioning on the DAX in the year 2003 and in what we take of 2004. The maximum losses are rather high (near to 10.000 €) but it is compensated with 22.000 € obtained in 2003 and more than 5000 € won until February, 2004.
The necessary capital to activate this system is around 15.000 euros, estimated according to historical Walk Forward, typical deviations and analysis of montecarlo. We advise to activate this system on the market DAX together with the NewYork in the ESX, to obtain the best possible yield
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