Panda's Partner & Preferred Day-Trading Platform is with:

PANDA HEAT AUTOMATED STRATEGY

Note: Having the Auto will trade for you, which will not require you to know the HEAT method.

The Panda Heat trading methodology (released in 2010) has now been automated for NinjaTrader 7. The strategy is designed to take only the Heat’s safest trade setups, trading with the trend and when in earliest agreement with Panda’s custom MACD and market pressure indicators. All back-testing results use a 4 tick profit target with a 6 tick stop loss. The strategy has been averaging 1 to 5 trades a day in the morning session (9:35am- 11:30am).

The Heat Automated Trader delivers these important benefits:

Near 100 percent automated trading
Relatively low draw-downs
Consistent gains
Based upon proven, live trading methodology

One of the things that often characterizes an automated strategy is their wild volatility between profits and draw-downs. Although the Heat strategy does not end up positive every day or every week, back-testing (link at bottom) has shown the draw-downs to be relatively small in favor of delivering consistent gains.

The strategy has a number of different settings that allow it to be customized such as trading time, number of contracts and profit targets. While users are encouraged to test different settings, all back-tested results use a 4 tick profit target with a 6 tick stop loss, trading 1 contract in the morning session. (And all other settings were left unchanged using their default values.)

The strategy is easy to run and executed like any other NinjaTrader strategy. Before the trading session begins, simply load a 400 tick chart for the S&P emini and then load the heat strategy. Select one of your trading accounts, enable the strategy, and it’s ready to go. (It is recommended that users run the strategy using a simulated account before going live.)

One of the benefits of developing the Heat’s auto strategy, is that the Panda Heat trading system was commercially released over a year ago and is being traded profitably by discretionary Heat traders. And because of this proven track record of live trading, there is much less concern for curving-fitting when back-testing over longer date ranges - it is really one of the best ways for developing an auto-bot since, on the contrary, strategies born out of system analytics require much more rigorous computational testing to disprove curve-fitting.

The Panda Heat automated strategy is available now for release. Trading more than one contract yeilds much better risk/reward. You can set your own targets but I suggest take the second contract off at 8 ticks, which will make risk/reward = 1. If you are interested in more than 2 contracts or lifetime purchase of the autotrader please contact me via the contact page.

Click for 1 Contract 2011 Results

$10 trial period then you can subscribe for 1 month. $140 (1 conract)

One-quarter term. $360 (1 contract)

Click for 2 Contract 2011 Results

$10 trial then you can subscribe for 1 month. $200 (2 contracts)

One-quarter term $515 (2 contracts)

Here is how to get the auto to work in less than 5min.