CL 351 is an intraday trading system, which essentially trades pullbacks in the direction of a confirmed macro-trend.
It is based on "pattern 351", a 5-trends variant of pattern 151, and is currently a single pattern system.
The system trades both the overnight-session & the day-session, and goes flat before the session-break (5:15pm EST) when the trades not closed by the session-break have a statistically high overnight risk.
The system makes use of a dynamically computed initial stop (recommended max value : 120-ticks), and offers an optional user-configurable target (recommended value : 60-ticks).
This system uses CL151 market-model, with settings updated for greater sensitivity. It also makes use of CL151 software.
CL 351's statistical analysis improves upon CL 151, and benefits from the greatest rigor in that area.
Pattern 351 setup uses the last 5-trends (like pattern 302) - it looks for strength in the 3 oldest trends of the setup, making it less sensitive to spike reversals. Like patterns 151 and 302, pattern 351 fades the trend-change signal coming off the extreme of the macro-trend, expecting that pullback to attempt a retest of the macro-trend extreme.
Pattern 351 trades are exited either at the dynamically computed initial-stop (~10% of pattern 351 trades), at the target (~16% of pattern 351 trades), the next trend-change (68% of pattern 351 trades), or right before the session-break (~6% of pattern 302 trades).
CL351 offers 4 optional filters for pattern 351:
CL351 offers two trade-management options :
The figures & charts below are for CL 351 v01, 4 filters, dynamic entry-stop max 120-ticks, backtest using 1 contract per trade, $5 commissions per round-trip, 1-tick systematic slippage per entry / same for exits.
Basic Trade Management - 4 filters
CL 351 is offered for lease at a monthly rate of $150 for a position-size of 1 contract.
Other lease terms available:
These prices include all software updates & upgrades during the lease term.
Remote monitoring service for this system is available at an extra price of $150 / month (flat fee per system, independent of the position-size).
CL 351 can also be leased with a (2-cores / 1GB RAM) VPS hosted in Chicago (~1ms latency to CME Aurora) for $500 / quarter or $1600 annual.
Please contact us at email@example.com or use the Contacts form to get started.
Alternate Trade-Management - 4 filters
2015 to February-20th
2015 to February-20th