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E-mini (CME:ES) Renko System (4x Strategy) - PB1002
Mon, Sep 17, 2012, 03:51 PM
Post: #1
Index E-mini (CME:ES) Renko System (4x Strategy) - PB1002
TARGET MARKET: E-mini S&P (CME: ES)
PLATFORM: TradeStation
STRATEGY TYPE: S/R breaks, swinging
TIME FRAME: Intraday
CHART TYPE: Renko Bar $1.25
REQUIRED INDICATOR(S): PivotBuilder - Personal Suite
INCLUDED COMPONENTS: 4xStrategy (LE, LX, SE, SX)
WORKSPACE DESIGNATION: PB1002

This is a single, mid-pivot trading system that takes advantage of all 4 strategy components (LE, LX, SE, SX), each individually configured to maximize profit runs and minimize losses.

The configuration focuses on capturing wider range-bound swings (hence the Renko chart), and key trend momentum.The brunt of the profits will come from S/R oriented trend reversals, and to a lesser degree, retracements.

The strategy has been exhaustively tested (inclusive of all transaction fees), and below are performance results for the last 5 months well as screenshots of PivotBuilder in action:

PivotBuilder Strategy PB1002: E-Mini (ES) $1.25 Renko Equity Curve

PivotBuilder Strategy PB1002: E-Mini (ES) $1.25 Renko Performance Summary

PivotBuilder Strategy PB1002: E-Mini (ES) $1.25 Renko in Action (blue dotted line = profitable trades; red = losing)


TradeStation Strategy Properties:
  • Commission: $2.34/contract
  • Trade Size: 10 contracts
  • Position Limits: no pyramiding

The attached TradeStation workspace contains 4 Strategy add-ons for back-testing and auto-trading the setup:
  • Long-Entry (LE) - PivotBuilder conditions for opening a long positions
  • Long-Entry (LE) - PivotBuilder conditions for closing a long positions
  • Short-Entry (SE) - PivotBuilder conditions for opening a short positions
  • Short-Exit (SX) - PivotBuilder conditions for closing a short positions

Opening the workspace:
  1. Download the attachment at the bottom of this post
  2. Copy the downloaded file into the TradeStation\MyWork folder (e.g. C:\Program Files\TradeStation).
  3. Launch TradeStation, then go to File>>Open Workspace, or alternatively, press Ctrl-O
  4. Select PivotBuilder-ES-Renko-1.25-4x-Strategy-PB1002 and select Open.

Once you load the workspace into your TradeStation platform, enter the Serial number into each strategy add-on.

To avoid entering your Serial every time you open this workspace, enter the number once, then save it as a new workspace.

Marko Nikolic
President and Chief Developer
September 17, 2012, Toronto, Canada

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. YOU AGREE TO USING PIVOTBUILDER - PERSONAL SUITE AT YOUR OWN RISK. MARKO NIKOLIC, BUILD-A-SIGNAL SOFTWARE, AND NITRODE INC. ARE NOT LIABLE FOR ANY LOSSES YOU MAY INCUR BY USING PIVOTBUILDER - PERSONAL SUITE.



Attached File(s)
.tsw  PivotBuilder-ES-Renko-1.25-4x-Strategy-PB1002.tsw (Size: 37 KB / Downloads: 63)
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