Description        Risk Management     Performance        Charts     

  

 About Blind Terry

Blind Terry is a computerized trading system that trades full size Nasdaq-100 during the day. The trading is based on quantitative system and technical analysis calculations for this market, as well as technical indicators filter algorithms. Blind Terry calculations are running on 2-min. bar chart intervals.

Blind Terry implements both trend-following and trading-range components to potentially reduce the losses stemming from being in the wrong environment, while reducing the effectiveness of the system in any single trading environment. However, due to the longer bar time frame, Blind Terry emphasizes more on the trend following component and relies on the money management rules to help control the whipsaw losses that occur when markets are in a trading mode.
  
The benefits of Blind Terry are: 

   The system is 100% objective

   It is very easy to use

   Gives clear BUY/ SELL signals

   Potential to produce large profits per trade

   1:2 Risk to Reward ratio

 
Although Blind Terry profit potential is very impressive, the risk level and tolerance are significant, which makes Blind Terry suitable only for high net worth investors with well capitalized accounts.
 
 Description / Trading Methodology

Blind Terry combines two trading systems, a breakout up/down intra-bar system and break-channel system. In addition, proven technical indicators calculations are used to filter the "false" signals. Because the two systems use different calculations and entry methodologies, they are complimentary: you are better off trading a combination of the two than either alone. Both systems have impressive performance over the life of the Nasdaq in its index future form. This robust performance is important because most Nasdaq, S&P or other “fast market” systems lose effectiveness after a short shelf life. They were designed to trade these markets in their current incarnations, and when they change, performance decays [See Disclaimer].


Blind Terry operates under Intra-bar and channel breakout systems algorithms as well as technical-indicators filter calculations. The system enters the market only when the systems algorithms generate signals in the same direction and only when the technical-indicators have reached pre-determined trigger conditions

First, the  intra-bar breakout algorithm scans the market for key-reversals. Once a potential up or down key-reversal is detected, the channel-breakout algorithm may originate Buy or Sell signal. Finally, the signals are executed only if pre-determined conditions on both Stochastic and  Relative Strength Index (RSI) oscillators are met.
The system exits the trade only when fixed 10 points loss stop or 20 points target is reached. 
  

 Risk and Money Management

Once Blind Terry enters a trade, a fixed Protective Loss Stop of 10 Nasdaq-100 Stock Index Futures points is placed below or above the entry price. If the price moves 10 points in the direction of the trade, the system automatically trails the Loss Stop to the entry price (Breakeven Stop). 


Blind Terry specifies a fixed Profit Objective equal to 20 points of Nasdaq-100. This profit objective is based on historical statistical calculations of market volatility and support/resistance threshold levels. 


While Blind Terry is in a trade, the system trading rules allow entering multiple signals in the same direction as the current trade. No more than 3 consecutive same direction signal entries are allowed. 


On the other hand, Blind Terry trading rules impose restrictions on entering trades on signals in opposite direction of the current trade if  ether the objective price or the loss stop has not been reached.  If the system produces 3 losing trades during the day, the risk management rules call for ceasing the trading for the day.

If the last trading signal(s) does not yield the target objective of 20 points when the market closes, the outcome of the signal(s) is recorded as follows: breakeven - if the market closes above/below the entering price for buy/sell signal respectively; loss equal to 10 points stop - if the market closing price is below/above the entering price.

Virtually every possible market contingency is covered by the system rules so you always know exactly what to do. At the time of every entry, you always have a solid protective stop and precise target so you know exactly where to get in and where to get out and what to do in case things go or do not go your way. This eliminates many stressful decisions associated with trading errors and unnecessary losses. All of the Blind Terry strategies are time tested, work and are built into the system. Blind Terry is designed for both new as well as professional traders

 

 


If you would like more information about our Trading Systems, please call Toll Free
1-866-424-5826, E-mail info@trading-systems.info
or send an Electronic Request.


DISCLAIMER: THERE IS RISK OF LOSS IN FUTURES AND OPTIONS TRADING.  PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
 

DISCLAIMER: 'HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS  DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY 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 PROFITS OR LOSSES SIMILAR TO THOSE SHOWN."
 
DISCLAIMER: The use of stop loss order does not guarantee that your losses will be limited to the intended amount. Certain market conditions could make it impossible to execute such orders.