Algo Futures Trader TrendOmeter Trend Filter with Session Breakout overview - AFT Trader John Ep #4

In this weeks Algo Futures Trading Live Update AFT John demonstrates how to use the TrendOmeter and AlphaBias trend correlation system as a trade filter for both long and short trades using AFT7 trading with the turnkey settings for session breakout system. Live market the good the bad and the ugly in demonstration mode on the live futures market using NinjaTrader Platform and AFT trading the NYSE session open. As you can see we don't cherry pick or cut, edit videos as John recollected "the system still made money overall that day using trendometer and there will be days where it will filter out lots of bad trades and some days where it filters out good." Note from Tom... the TrendOmeter settings filtered out good trades and allow through good trades as it was set tight at 50%, this is a stringent setting when used with a session breakout system and can be easily altered in realtime and saved. With session open breakout trading, the amount of trade signals and opportunity will be less than when used in a trend reversal and pullback continuation scenario which will allow trades to be taken further away or anywhere on the chart and using a smaller time frame.

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