Mini S&P 500: €13,000 In 1 Week With These Strategies

by Andrea Unger | The Trading Show

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Need inspiration for your strategies for Mini S&P 500?

In this video, we show you two simple systems made up of a few lines of code that made $13,000 over the last week.

Both systems are multiday and work on a 15-minute timeframe.

Watch the video to learn more about how they’re structured!

Transcription

Good morning everybody! I am one of the coaches of Unger Academy and I’d like to welcome you to this new video dedicated to the analysis of our trading systems in our portfolio.

Ok, so this week, we're going to be talking about the Mini S&P 500 future, one of the best known and most liquid futures in the world, as well as one of most capitalized ones. More in particular, I'd like to show you two different multiday strategies working on a 15-minute timeframe.

So let's take a look at the rules on which these strategies are built.

The first one, in the upper part of the screen, made some amazing trades last week. It's a bias strategy and probably some of you may also remember it, as we’ve shown it several times in our videos. 

This is a bias strategy, which means that it doesn’t open positions when certain price levels are reached. Instead, it opens them at specific times and on specific days of the week. Basically, the long trades are opened on Tuesday or, to be more specific, towards the end of Monday, and then they are closed at the end of the session on Thursday. Consequently, short positions are opened on Friday, which according to historical data is the day when Mini S&P 500 tended to be more bearish.

As you can see, this strategy made two very good trades. The first one made $4,900 and the second one made $4,000. And this is exciting because it means that we were able to take advantage of Mini S&P 500's rebound.

But let's check out the equity line of the system. After the rather week period that went on in early 2020, over the last 300 days, the strategy’s performance has been improving and, as you can see, now it’s performing pretty well. Here, for example, it seemed about to slowly decline but then managed to recover and resumed performing pretty well.

So, this is definitely something you can try for yourself. I mean, this is a very simple strategy and you can write it with just a couple of lines of code.

Now let's move on to the next strategy, the one in the lower part of the screen. We may call this a reversal strategy because long entries occur only when the close of the previous day is in the lower part of the daily range. So, Let's see an example. Look at this day here, the market closed in the lower part of the range (more precisely, in the lower 20% of the daily bar) and so the next day (this is the pattern) the strategy opened a long position at a specific time of the day.

This strategy also managed to make a great profit of about $3,000.

Let's take a look at the equity line. As you can see, this strategy doesn't trade very often. The reason is that, in this market, it isn't very easy to find negative closes, especially in the lower range of the day. On Mini S&P 500, in fact, it's easier to have positive closes, and that’s why this strategy doesn't make many trades. As you can see, it also went through a period of stalemate, but thanks to this trade, it seems that it was able to resume performing pretty well.

These strategies are based on really simple ideas and I'm sure you can try and code them too. If you want to learn more about how to turn simple ideas into trading systems such as these ones, click on the link that you find in the description of this video and watch the webinar, it’s completely free! You’ve got nothing to lose. 

Thank you so much for watching, and we’ll see you next time! Bye bye!

 

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Andrea Unger

Andrea Unger

Andrea Unger here and I help retail traders to improve their trading, scientifically. I went from being a cog in the machine in a multinational company to the only 4-Time World Trading Champion in a little more than 10 years.

I've been a professional trader since 2001 and in 2008 I became World Champion using just 4 automated trading systems. 

In 2015 I founded Unger Academy, where I teach my method of developing effecting trading strategies: a scientific, replicable and universal method, based on numbers and statistics, not hunches, which led me and my students to become Champions again and again.

Now I'm here to help you learn how to develop your own strategies, autonomously. This channel will help you improve your trading, know the markets better, and apply the scientific method to financial markets.

Becoming a trader is harder than you think, but if you have passion, will, and sufficient capital, you'll learn how to code and develop effective strategies, manage risk, and diversify a portfolio of trading systems to greatly improve your chances of becoming successful.