ALLIGATOR
Alligator is a day trading system for the S&P e-mini contract. Development was completed in May 2011 (Alligator 1.0) and an update (Alligator 2.0) was released in July. This system is inherently a gap fading/counter trend system, which will attempt to switch to intraday trend following, depending on market conditions.
A number of versions of this system have been produced from the start of development until the system was released for trading at the end of May, 2011. I put the results of four of these systems into a spreadsheet and created this chart. The earliest version and the one previously published for trading have both had unacceptable drawdowns. However, one of the earlier development models has not had any drawdown at all and has been experiencing a very good run while the other systems have been in decline. Since one of the development versions did not suffer the drawdown there is some hope this system can still prove itself in actual trading.
12.19.2011 When there is a momentum entry on this system as has occurred the past two days, A trailing stop may get triggered or may not depending on the amount of run up after the entry. If the trailing stop does not get triggered then there is a much larger stop to cover this situation. The size of this emergency stop and other options are being evaluated.
Based on client feedback, the total of slippage plus commissions has been increased to $45 per round trip per contract. (01.28.2012)
Current Month Equity Trend (Flash Chart)
20 Week Equity Trend (Flash Chart)
20 Month Equity Trend (Flash Chart)
Out of Sample Performance (Flash Chart)
Alligator 12 Month Tracking Chart
Download list of trades since 1/1/2000 (.csv file)
