CTT es countertrend daytrading system
CTT is a system for daytrading the S&P e-mini. It fades intraday breakouts based on deviation from a moving average. Trading days are filtered based on prior day's price movement. When the previous day has made an outsized move this system anticipates a choppy market with minimal net change. Days with large gaps are avoided since gaps tend to be a precursor to price momentum during the day.
This system has been tracked by Futures Truth Magazine since January of 2009. It did well initially after release, but is now flat since it's release date. Further development is pending.
Release date: 01/01/2009
NOT RECOMMENDED AT THIS TIME.
In case anyone's interested, here is the most recent FT report on this system. I snipped portions of one page to make it readable, so the data is in one image and the report headings are in another.
