"The NiteOwl Trading Strategy is featured in the TradeStation Strategy Network"
NiteOwl Trading Strategy for TradeStation Strategies
Features
Consistent and persistent entry signal based on an anomaly
in the overnight Forex trading session
In the market less than 5% of the time, enabling equity
to be used for other TradeStation strategies
Version options available to accommodate your preferred
style of trading (see Versions)
Available as a subscription TradeStation Strategy in The
Strategy Network
Available for TradeStation version 8.8 and higher
Versions
Basic -
Trader selects lot size in increments of 100,000 for full Forex lots or 10,000 for mini Forex lots
Dynamic Position Size (DPS) -
The trader inputs a preferred risk level of 1-5% of equity.
NiteOwl then dynamically calculates the position size based on maximum
risk and volatility of the market, adjusting to larger or smaller positions
accordingly.
DISCLAIMER: Performance reports and rankings of strategy trading products are hypothetical, based upon hypothetical back-testing using the trading symbol and time intervals identified as examples. Results using other symbols or time intervals may vary significantly and, in all cases, these hypothetical back-tested results may vary significantly from actual historical results using the strategy trading product. The hypothetical back-testing uses several assumptions regarding slippage, interest rates, initial capital, commissions and fills, among other things, that may contribute to these variations.