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FOREX Trading Systems 

    Alfa
    Brix System
    Mkt GEARSHIFT System
    Pronet
    Tzar System

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  Alfa

Developer Team
 
Michael Barna
CTA Mr. Barna has been a registered Commodities Trading Advisor since June 1997. From September 1998 to April 2001, Mr. Barna was Vice President and Director of Systems and Trading for LBG Management, LLC a Commodity Pool Operator and Commodity Trading Advisor. Mr. Barna has provided custom trading third-party software packages to traders, analysts, investors, money management firms, and brokerage houses worldwide. Mr. Barna is an experienced programmer in a variety of languages, allowing him to continue researching and developing AI and applying his findings to the financial markets. Currently, Mr. Barna is President of Aaron Asset Management, LLC, a money management firm that trades mechanical trading systems. According to Futures Truth magazine's system ranking methodology, Mr. Barna has either developed or is involved in the marketing of more top trading systems than any other developer in the country.

Ziad Chahal
CTA Ziad Chahal, CTA, is a veteran developer of automated trading strategies for individual investors seeking a disciplined approach to trading. Many of his systems have been repeatedly ranked in the "Top Ten" tables of Futures Truth Magazine. His trading systems are renowned for their unusually high degree of statistical robustness and conservative risk parameters. Mr. Chahal is guided by the maxim that successful traders in all markets, and especially foreign exchange, must "prepare for the future not the past."

Edward Clift
CTA Edward Clift, PhD, CTA, is a private money manager for institutional and high net-worth clients. He holds a doctorate in communication theory and has a broad range of expertise in visual information design, financial risk management, and the philosophy of abstract social systems. His goal is to help FX investors apply structured systems to their portfolios in ways that yield higher quality returns than would otherwise be possible.


Trading Style
 
The Alfa-MAXX system is a day trading system where trend-following indicators intertwine with intraday pivot points and time patterns. Alfa is an intraday trend following system. Like any intraday system, Alfa needs high market volatility and clear market direction to produce positive returns. If the market is not volatile or not trending, Alfa will produce small gains that will not offset transaction costs and losing trades. The system will lose consistently until market volatility increases.

Key Points  

  • Averaging 43 trades per month
  • 5 crosses traded: USDCHF, USDCAD, EURUSD, GBPUSD, EURJPY
  • Max DD: $1295 (100,000 units traded)
  • Dramatic Stop Loss: $80 per trade
  • Recommended investment size: $5,000
  • Back testing done on 113904 periods (5min bars), 1161 trades
  • Available for lease for $100 a month per 100,000 units of currency traded

Backtested Performance
Returns are calculated on $5,000 fixed capital (recommended investment size)

  2001 2002 2003 2004
Feb   $106 $445  
Mar   $26 $50  
Apr   ($7) $124  
May   $303 $888  
Jun   ($10) $710  
Jul   $528 $592  
Aug   $592 $116  
Sep   ($632) $841  
Oct   $372 $708  
Nov $75 $254 $397  
Dec $527 ($383) $391  
Total $602 $608 $4,236 $1,285
% Return 12.04 12.16 84.71 25.70

 

Notional Funding on Account Size (% Returns)
 
% LW Recommended Acct. Min: 5 5 10 20 50 100
Annual Return (%) 4.99 2.49 1.25 0.50 0.25
Average Drawdown (%) 12.00 6.00 3.00 1.20 0.60
Max. Drawdown (%) 25.90 12.95 6.48 2.59 1.30

Risk Disclosure
 
Past performance is not indicative of future results, as returns may very according to market conditions. Trading in foreign exchange is speculative and may involve the loss of principal; therefore, funds placed under management should be risk capital funds that if lost will not significantly affect one's personal financial well being. This is not a solicitation to invest and you should carefully consider your financial situation as to the suitability to your situation prior to making any investment or entering into any transaction.

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   Brix System

Developer Team
 
Michael Barna
CTA Mr. Barna has been a registered Commodities Trading Advisor since June 1997. From September 1998 to April 2001, Mr. Barna was Vice President and Director of Systems and Trading for LBG Management, LLC a Commodity Pool Operator and Commodity Trading Advisor. Mr. Barna has provided custom trading third-party software packages to traders, analysts, investors, money management firms, and brokerage houses worldwide. Mr. Barna is an experienced programmer in a variety of languages, allowing him to continue researching and developing AI and applying his findings to the financial markets. Currently, Mr. Barna is President of Aaron Asset Management, LLC, a money management firm that trades mechanical trading systems. According to Futures Truth magazine's system ranking methodology, Mr. Barna has either developed or is involved in the marketing of more top trading systems than any other developer in the country.
 
Ziad Chahal
CTA Ziad Chahal, CTA, is a veteran developer of automated trading strategies for individual investors seeking a disciplined approach to trading. Many of his systems have been repeatedly ranked in the "Top Ten" tables of Futures Truth Magazine. His trading systems are renowned for their unusually high degree of statistical robustness and conservative risk parameters. Mr. Chahal is guided by the maxim that successful traders in all markets, and especially foreign exchange, must "prepare for the future not the past."
 
Edward Clift, CTA Edward Clift, PhD
CTA, is a private money manager for institutional and high net-worth clients. He holds a doctorate in communication theory and has a broad range of expertise in visual information design, financial risk management, and the philosophy of abstract social systems. His goal is to help FX investors apply structured systems to their portfolios in ways that yield higher quality returns than would otherwise be possible.


Trading Style
 
BRIX is a technical breakout trading system. A technical indicator is used to inform the system's logic that a breakout has occurred or is likely to occur from a calculated pre-defined price. Brix will catch major trends and will struggle in more uncertain range bound markets. If the market trends, Brix will catch most of the trend and will have large winning trades. In range bound markets or markets that change direction quickly, Brix will fail to adapt and will have series of small losing trades. Like any long-term trend following system, few trades are winners (35%), but winners are generally much bigger than losers.

Key Points

  • Averaging 21 trades per year
  • 5 pairs traded: USDJPY, EURUSD, NZDUSD, USDCHF, EURGBP
  • Max DD: $13,968 (traded in increments of 100,000 units)
  • Dramatic Stop Loss: $1,000 per trade
  • Recommended investment size: $20,000
  • Back testing done on 5,140 periods (daily bars), 293 trades
  • Available for lease for $100 a month per 100,000 traded

Backtested Performance
Returns are calculated on $20,000 fixed capital (recommended investment size)

YEAR % RETURN YEAR % RETURN
1990 15.70 2001 1.66
1991 27.45 2002 31.81
1992 17.56 2003 19.80
1993 -33.93 2004   
1994 -5.55 2005   
1995 36.73 2006   
1996 29.88 2007   
1997 60.24 2008   
1998 35.99 2009   
1999 6.83 2010   
2000 29.53 2011   

 

Notional Funding on Account Size (% Returns)
 
% LW Recommended Acct. Min: 5 5 10 20 50 100
Annual Return (%) 39.10 19.55 7.82 5.21 3.91
Average Drawdown (%) 17.09 8.55 3.42 2.28 1.71
Max. Drawdown (%) 139.68 69.84 27.94 18.62 13.97

Risk Disclosure
 
Past performance is not indicative of future results, as returns may very according to market conditions. Trading in foreign exchange is speculative and may involve the loss of principal; therefore, funds placed under management should be risk capital funds that if lost will not significantly affect one's personal financial well being. This is not a solicitation to invest and you should carefully consider your financial situation as to the suitability to your situation prior to making any investment or entering into any transaction.

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   Mkt GEARSHIFT System

Developer Team
 
Joe Krutsinger
CTA Joe Krutsinger began his futures and options career over twenty-six years ago with ContiCommodity. He has worked in every facet of the industry, and continues to be a prolific developer of trading systems. He has developed proprietary trading programs for numerous clients and brokerage firms and currently works directly with clients and brokerage firms designing custom systems. Joe has been a trading system design consultant since 1989 and teaches traders how to develop systems using state of the art system automation software. Krutsinger was recognized as the Outstanding Senior in Food Systems, Economics, and Management at Michigan State University in 1973. A featured speaker and teacher at seminars and meetings worldwide, Joe co-authored The Commodity Cookbook: Recipes for Success and was a contributing author to High Performance Futures Trading: Lessons from the Master . (Acclaimed as the 1990 book of the year in the 1990 Supertrader's Almanac-Calendar edition). Joe has also been featured in the Future's Learning Center's three video courses, Trading Systems 101, 102 and 103. Mr. Krutsinger's book, The Trading Systems ToolKit was Fortune Book Club Selection, and his book Trading Systems: The Secrets from the Master – published by McGraw-Hill in 1997 – has been highly rated. His newest book, Trading Systems Secrets: Selecting a Winning System , is in paperback. Joe Krutsinger is a Commodity Trading Advisor, registered with the CFTC.


Trading Style
 
Gearshift switches between 2 modes: Range and Trending. The system holds itself in rangebound markets and produces high returns in trending markets. Gearshift can produce superior returns in both range bound and trending markets. However, the volatility based model that switches between the 2 trading modes can fail to understand the market properly. Consistent losses are then to be expected until volatility comes back in line with the model assumptions.

Key Points

  • 115 Trades a month in average
  • 5 cross traded: EURUSD, EURGBP, GBPUSD, USDJPY, USDCHF
  • Max DD: $3346 (100,000 units traded)
  • Dramatic Stop Loss: $200
  • Recommended investment size $10,000
  • Back testing done on 18,984 periods (60 minutes bars), 3055 trades
  • Available for lease for $150 a month or $300 per quarter per 100,000 units traded

Backtested Performance
Returns are calculated on $5,000 fixed capital (recommended investment size)

  2001 2002 2003 2004
Feb   ($738) $821  
Mar   ($502) $2,225  
Apr   ($385) $2,845  
May   ($360) $1,264  
Jun   ($1,106) ($906)  
Jul   $282 $79  
Aug   $1,195 $1,340  
Sep   ($51) $1,165  
Oct   ($351) $618  
Nov $55 $556 $2,096  
Dec $195 ($8) ($2,023)  
Total $250 ($182) $8,146 $3,732
% Return 2.50 -1.82 81.46 37.32

 

Notional Funding on Account Size (% Returns)
 
% LW Recommended Acct. Min: 5 5 10 20 50 100
Annual Return (%) 8.85 4.42 2.21 0.88 0.44
Average Drawdown (%) 7.66 3.83 1.92 0.77 0.38
Max. Drawdown (%) 66.92 33.46 16.73 6.69 3.35

Risk Disclosure
 
Past performance is not indicative of future results, as returns may very according to market conditions. Trading in foreign exchange is speculative and may involve the loss of principal; therefore, funds placed under management should be risk capital funds that if lost will not significantly affect one's personal financial well being. This is not a solicitation to invest and you should carefully consider your financial situation as to the suitability to your situation prior to making any investment or entering into any transaction.

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   Pronet

Developer Team
 
PRONET Independent Investment Research plc (LSE:IIR) is a publicly-held company based in London. Its operating subsidiary, Pronet Analytics.com Limited, is regulated by the Financial Services Authority (FSA) in the UK. In the US the firm is registered as an Investment Advisor with the SEC.
 
Focusing on foreign exchange and interest rate derivatives, Pronet provides investment advice to clients such including Citigroup, Deutsche Bank, Bank of America, Wells Fargo, CIBC and many others since 2000. No independent ranking exists for analysts in the forex industry, but Pronet is highly regarded in the marketplace and has been ranked in the top-5 firms for the last three years by the industry's benchmark publication, FX Week. The reputation of the firm stands on unequivocal and high-performing research recommendations , which are based upon a skilled reading of the technical condition of the market.
 
Pronet's unique format combines a live, streaming graphic with proprietary indicators, overlaid with Graphiti(TM) (abbreviation for Graphics with Integrated Text Intelligence). Graphiti is authored by Pronet's highly-rated analysts, beginning at 07h00GMT and ending at 23h00 GMT. The service is distributed by means of java-enabled browser, so it is available anywhere, anytime.


Services

Pronet can provide its services in two ways:

1. If you open a new account with FXCM and with Pronet and meet a prespecified monthly trading volume, you will get a discount on your Pronet subscription costs.
 
You will pay your normal Pronet quarterly subscription costs at the start of the quarter. At the end of the quarter, you will get a rebate from Pronet according to your trading volume with FXCM (a $12,000,000 monthly trading volume (120 lots) will generate roughly a $1200 rebate – equal to 100% of the monthly subscription cost). Rebates can only be applied to Pronet subcriptions.
 
2. You may ask FXCM to execute selected Pronet recommendations on your behalf. This service builds on Pronet's skilled reading of the technical condition of the market, by adding a selected trading strategy which is executed for you by FXCM, so allowing you to take advantage of technical opportunities when you may not be personally available to trade. Mainly intraday, this option may be a useful addition to your own longer term strategies.

Intraday Signals Key Points (automatic execution program)

  • 30pts stops per trade
  • Trade size: 100,000 units of currency
  • Maximum of six positions at once
  • Currencies traded: EURUSD, GBPUSD, USDJPY, USDCAD, USDCHF, AUDUSD, EURJPY
  • Recommended minimum investment size: $20,000

     
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   Tzar System

Developer Team
 
Michael Barna
CTA Mr. Barna has been a registered Commodities Trading Advisor since June 1997. From September 1998 to April 2001, Mr. Barna was Vice President and Director of Systems and Trading for LBG Management, LLC a Commodity Pool Operator and Commodity Trading Advisor. Mr. Barna has provided custom trading third-party software packages to traders, analysts, investors, money management firms, and brokerage houses worldwide. Mr. Barna is an experienced programmer in a variety of languages, allowing him to continue researching and developing AI and applying his findings to the financial markets. Currently, Mr. Barna is President of Aaron Asset Management, LLC, a money management firm that trades mechanical trading systems. According to Futures Truth magazine's system ranking methodology, Mr. Barna has either developed or is involved in the marketing of more top trading systems than any other developer in the country.

Ziad Chahal
CTA Ziad Chahal, CTA, is a veteran developer of automated trading strategies for individual investors seeking a disciplined approach to trading. Many of his systems have been repeatedly ranked in the "Top Ten" tables of Futures Truth Magazine. His trading systems are renowned for their unusually high degree of statistical robustness and conservative risk parameters. Mr. Chahal is guided by the maxim that successful traders in all markets, and especially foreign exchange, must "prepare for the future not the past."

Edward Clift
CTA Edward Clift, PhD, CTA, is a private money manager for institutional and high net-worth clients. He holds a doctorate in communication theory and has a broad range of expertise in visual information design, financial risk management, and the philosophy of abstract social systems. His goal is to help FX investors apply structured systems to their portfolios in ways that yield higher quality returns than would otherwise be possible.


Trading Style
 
The TZAR trading system is a trend/contra-trend trading system using combination logic. The system has the ability to switch from momentum-based to reversal-based and vice versa each time it notes a change in the flow of predominant market conditions. Tzar will typically catch most of the major trends but will get in the trend later than standard trend following models. The strength of the model remains in its ability to switch from trending to non-trending. This allows Tzar to produce superior returns in range bound markets. However, if the system logic fails to shift from range bound to trending at the right time, periods of consistent losses are to be expected.

Key Points  

  • 110 Trades a year in average
  • 5 cross traded: AUDUSD, USDCAD, EURUSD, EURGBP, USDJPY
  • Max DD : $7,049 (100,000 units traded)
  • Dramatic Stop Loss: $900 per trade
  • Recommended investment size $20,000
  • Back testing done on 5,138 periods (daily bars), 1,477 trades
  • Lease $100 a month per 100,000 traded

Backtested Performance
Returns are calculated on $20,000 fixed capital (recommended investment size)

YEAR % RETURN
2003 27.85
2002 31.80
2001 -5.80
2000 21.51
1999 24.54
1998 29.85
1997 41.52
1996 -5.52
1995 17.25
1994 19.75
1993 3.16
1992 -10.91
1991 20.93
1990 40.39

 

Notional Funding on Account Size (% Returns)
 
% LW Recommended Acct. Min: 20 5 10 20 50 100
Annual Return (%) 36.62 18.31 7.32 4.88 3.66
Average Drawdown (%) 12.05 6.03 2.41 1.61 1.21
Max. Drawdown (%) 70.49 35.25 14.10 9.40 7.05

Risk Disclosure
 
Past performance is not indicative of future results, as returns may very according to market conditions. Trading in foreign exchange is speculative and may involve the loss of principal; therefore, funds placed under management should be risk capital funds that if lost will not significantly affect one's personal financial well being. This is not a solicitation to invest and you should carefully consider your financial situation as to the suitability to your situation prior to making any investment or entering into any transaction.

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