This post will be updated regularly with the trading results achieved in June 2010 by our mnGapAutotrader, which automatically trades the opening gap.
The results have been obtained from live trades trading three contracts (3 lots) with S&P index futures (ES), Dow futures (YM) and Nasdaq futures (NQ). Our conservative trading strategy was used for all trades.
All results show profits and losses (in $USD) after commission and slippages – they are true achieved P&L figures.
| Date | ES | YM | NQ |
| 30 June | -137 | -122 | No Trade |
| 29 June | -337 | -195 | -384 |
| 28 June | No Trade | No Trade | No Trade |
| 25 June | 163 | No Trade | No Trade |
| 24 June | -112 | -62 | 33 |
| 23 June | No Trade | 103 | No Trade |
| 22 June | No Trade | No Trade | -132 |
| 21 June | 828 | 23 | -22 |
| 18 June | No Trade | No Trade | No Trade |
| 17 June | 188 | 148 | 178 |
| 16 June | 338 | 323 | 208 |
| Totals | 926 | 218 | -119 |
Please note
We only released mnGapAutotrader for sale again during week commencing 14th June, hence the incomplete trading results for June.
“No Trade” indicates that the trader did not take a trade as the gap size was too small and would have yielded an unfavourable risk/reward ratio.
We would like to know what the stop loss % you use and could you address the drawdowns experience you have. Can you go back further in 2010 with your trades
What determines a day that trades are not made. I currently have TradeStation as my platform. How does ninja trader get my trades over to trade station. Would just like a little more information on your parameters. Thanks
Jim Haas
Hello Jim, thanks for your enquiry.
There are various types of stop loss within the autotrader that the user can select. The native stoploss is dependent on price action. You can also select a trailing stop, define your own stop in tics or have the autotrader automatically calculate 50% of the gap size and set that as a stop (in version 1.10, which is currently in beta).
The drawdowns are shown as negative trading results in our live published trading results.
There are more than 80 live trades published from late 2009 on this page. Please note, however that those trades were made with an older version of the autotrader.
There have been many new enhancements, mostly involving control of the stop loss, which have been suggested by our users, in later versions.