SYSTEM
DESCRIPTION.
Turbo
Elite is a breakout / trend following system now with
the Bounce ES system combined and a Turbo Trader module.
Turbo
Elite S&P 500 Plus trades up to 4 times per day. Often
up to three contracts are traded at one time, and exits
are always before the close. No more than 3 contracts
can be held at any one time.
Risk
is $625 per contract per trade. (+
slippage and commissions), There are about
29 trades per month that typically occur
in 10 trading days per month.
Risk
on the Bounce trades are $700. For more info on Bounce
click here
Bounce
ES has an average trade of $183 less slippage and commissions.
The
Elite concept is the same concept used in the Elite Russell
system.
Elite
can also trade the mini Dow, mini Nasdaq and mini S & P
mid cap
with
little or no changes in parameters.
Turbo
Trader can trade the S & P mid cap 400, and Emini
Russell 2000 with little or no changes in parameters.
Turbo
Elite Es has the further advantage that hugh volume of
contracts can be traded without significant increase in
slippage due to superb liquidity of the S & P 500.
SYSTEM
UPGRADE. 10/3/2007.
Turbo
Elite ES Plus now has bigger profit target
(from $900 to $1200).
The
stops are now $625 per contract.(Previously
$600, $500,$350) An additional entry also
now occurs that will give a few more trades.
The bottom line is better performance!
SYSTEM UPGRADE. 5/15/2006.
Turbo Elite ES Plus now
has a counter trend breakout system added.
This
gives 10% more profit, 10% more trades,
and 3% less draw down.
All
Strategy runner clients must add and save
the Bounce and Breakout modules that will appear when
you add a strategy on the mini s&p 500 chart.
This
breakout system can trade emini s &
p 500, emini Russell 2000,
emini Mid cap 400, and the above pit traded
contracts, with no changes in parameters
whatsoever.
Turbo Elite ES Plus will
take the first 3 trades of its three sub-systems,
then ignore any other entries if they exist.
The performance of the
new module (with any trades that caused
more than 3 entries to occur at any one
time removed) is as follows.
Profit
$16,040, Profit
Factor 1.82 ,average
win $77.12 ,Number
of trades 208, Draw down
$1730
$20
slippage and commission figure used.
SYSTEM UPGRADE. 3/26/2006.
After five out of five positive months in live trading,
Turbo Elite ES has an upgrade that gives
31% more return, 13 % more draw-down and
20% more trades.
Turbo
Elite ES Plus now trades an extra contract
on its conservative Elite trade, and
it now contains Bounce ES module.
There
is still a cap of 3 contracts that can
be traded at any one time. No other changes
in parameters etc was made.
FOR
REAL TIME RESULTS,
click here and
scroll down.
Note
pre 3/26/2007 is the old version on
Turbo Elite ES.
FOR
LIVE (delayed) SCREEN SHOTS CLICK HERE
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