Futures Trading Levels, Trade Support and Decision Model: Diamond Algorithm
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Cannon Trading / E-Futures.com
Many of you have been to my “daily webinars” or saw some screen shots with the DIAMONDS indicators etc..
Many of you have asked if these indicators/models are available as a software or available for different markets during different times.
I can now tell you that it is available as a tool that you can use on your own, at your own convenience and time for different markets and different time frames.
I like to share with you what I believe is a GREAT trade support and decision model. The model which can be used as a mechanical buy/sell trigger as well as an aid while day-trading and/ or SWING trading the markets is available for free trial.
I have developed this model which is a family of studies and the “DIAMOND” algorithm. I have spent over 2 years developing this model and now I have made them available through Sierra / AT charts for a free trial.
If you are a Cannon Trading client, the cost after the two week trail is $119 per month which can be deducted from your account. If you are not a client the cost is $299 per month.
The Diamond ALGO package provides signals and also can be used as a “GPS” for trading methodology. It is accompanied by a 23 page manual which explains the set ups, risk management, model philosophy and much more.
I hold a webinar once a week where I review and share my set ups. I have been told by subscribers that this model/”GPS” tool is one of the best they have seen and they have compared it to services and software packages that can cost much more.
Below are two signals from June 2011, the first chart is an intraday chart of the crude oil market, the second chart is a daily chart of Natural Gas.
Intraday Chart of Crude Oil from June 17th 2011
Daily Chart of Natural Gas June 17th 2011
The Diamond ALGO and indicators family, can be applied to any market at any time frame!
To get started simply send me an email and if you are a client please include the following:
- What trading platform you are using?
- Who is the broker you are working with here at Cannon?
- If you have sierra or ATcharts, what is your user name?
If you are NOT a client of Cannon, please share the following:
- What trading platform you are using?
- markets you trade?
- What charts you are using?
- If you have sierra or ATcharts, what is your user name?
Rule 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
GOOD TRADING!
TRADING LEVELS!
Economic Reports Monday June 13th, 2011
NO ECONOMIC REPORTS SCHEDULED FOR MONDAY JUNE 20th.
Economics Report Source: http://www.forexfactory.com/calendar.php
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!
