Sentinel is designed to trade the emini NASDAQ & S&P 500 futures contracts. It was officially released in December of 2011, and is based upon market observations of time & price patterns, as well as the work of Rickey Cheung.
Sentinel is a trend-following system that watches for early market strength or weakness and then a confirming continuation. It uses no indicators, relying exclusively on time and price patterns, which tend to provide the most reliable trade signals, since they are usually associated with general human emotions or a "crowd mentality." In the market for only about 1% of the time, Sentinel is the simplest of the TradingVisions systems, with only one primary entry parameter. For purchasers, it is simple enough to be traded without software, or it can be completely automated with TradeStation. It has a high hypothetical profit-per-trade history, a high percentage of wins, and very low historical hypothetical drawdowns. Remarkably, Sentinel works well on the index futures markets, as well as a variety of ETFs and individual stocks (see graphics below), demonstrating its robustness and allowing for abundant portfolio options.
Sentinel was submitted to Futures Truth for third-party tracking in December of 2011.
In May, 2013 TradingVisions released Sentinel WFO, which incorporates a walk-forward optimization protocol (see details here). Re-optimization will be done once a year, and the resulting best values will be used to trade for the next year. The greatest strength of WFO is that it allows us to report years of out-of-sample, unoptimized results (see examples below), which is almost as valuable in evaluating a system's performance as an actual trading record. Seeing an out-of-sample history helps to verify the validity and robustness of a system much more powerfully than a traditional backtest optimization report, because the results are generated by applying the system rules and parameters to new data that's forward in time. Sentinel WFO NQ & ES have been traded in my personal account since June, 2013. For actual results, contact TradingVisions.
Lease, Purchase, or Lease-to-Own
Sentinel WFO can be leased for $19-$65/month/e-mini contract and traded through designated brokers or TradeStation, or on a limited basis it may be purchased with the logic fully revealed.
To view hypothetical performance reports, click here.
Very simple time and price logic.
Can be traded without software.
In the market about 1% of the time.
Low hypothetical drawdowns.
Trades NQ, the emini NASDAQ.
Likes volatility, and trades less when volatility subsides.
Optimized to each market to account for differences in volatility and value-per-point.
Sentinel e-mini NASDAQ Day Trade: Hypothetical walk-Forward Optimization Results, $30 slippage/commission deducted. Out-of-sample, unoptimized results from 10/3/2003.
Futures trading systems and commodity trading bear a high degree of risk. People can and do lose money. Hypothetical results have many inherent limitations. Past performance does not guarantee future results. Please read the disclosures & disclaimerspage.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL PERFORMANCE TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OF THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
No representation is being made that any account will achieve similar results to any actual account numbers or hypothetical numbers cited herein or at the TradingVisions site. Results can vary significantly from brokerage to brokerage, depending upon many factors not under the control of TradingVisions. The contents of this e-mail are provided for informational purposes only, and this is not an offer or solicitation to buy or sell any securities. While the information contained herein is believed to be reliable, we cannot guarantee its completeness or accuracy.
Unless otherwise stated, hypothetical results reported by TradingVisions are those generated by the latest version of the systems and recommended portfolios, including the specific rules and parameter settings. It is therefore not advisable, nor is it the intended purpose, to use these hypothetical results as a guide to what past results should have been achieved by utilizing the version of the systems or recommended portfolio in effect at a past time. In some cases, slightly different entry and exit times and prices may be used in leased and/or purchased copies of the trading systems, in an attempt to lessen the impact of multiple orders reaching the market at or close to the same time. While over time and an extended number of trades these differences have in the past tended to be small and immaterial, they may in fact prove to have a material impact or over shorter timeframes have a material impact. Portfolio recommendations may change without notice, and TradingVisions has neither the right nor responsibility to change what is traded in client accounts.
Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved or recommended, and neither does or will review, certify, endorse, approve, disapprove or recommend, any trading software tool that is designed to be compatible with the TradeStation Open Platform.
TradingVisions Systems, Inc. | 351 Palisades Dr N, Sedona, AZ | 928-554-4052
Sentinel e-mini S&P 500 Day Trade: Hypothetical walk-Forward Optimization Results, $30 slippage/commission deducted. Out-of-sample, unoptimized results from 7/7/2003.