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Millennium 2000
System Description
Millennium 2000 is a pure reversal system so its
always in the market. The rules have been distilled down to the very core of market
action. These extremely simple rules dramatically reduce the chance of over-optimization.
This explains why it works on so many different commodities. It trades 30 different
commodities using exactly the same rules for every commodity.
Our SmartStop© is the heart of Millennium 2000. While nothing is
perfect, the SmartStop often achieves exactly what we want from a stop order. It trails
current prices in the right way and tends to take you out of a trade and reverse you when
prices change direction.
The system also uses our proprietary Congestion Detector©. It minimizes
trading when prices are moving sideways. Futures Truth Excalibur test show the following
results (1/83-5/02, trading 1 contract):
Type of System
Reversal
# Trades/Yr/Commodity
4-20
Net Profit
$1,4,79,343
% Winning Trades
42 %
Win/Loss Ratio
3.2 to 1 (You make 3.2 times as much on winning trades as you lose on losing trades)

Equity Curve
Following is a graph of net profits from 1983 to present, trading just 1
contract:


Individual Performance by commodity
(1/83-5/02, Continuous Contracts trading 1
contract, Trade Station Tests)
| |
Net |
Max |
# |
% |
W/L |
Sharpe |
Profit |
Avg
Yr PL/ |
SUMMATION |
Test
Time |
Test |
| Commodity |
Profit |
Drawdown |
Trades |
Wins |
Ratio |
Ratio |
Factor |
Max
DD |
RATING |
Period |
Years |
| Rough
Rice |
57,605 |
(4,265) |
49 |
53 |
3.62 |
0.89 |
4.1 |
0.87 |
278 |
8/86-5/02 |
15.6 |
| Cotton |
68,495 |
(5,325) |
27 |
37 |
5.92 |
0.62 |
3.48 |
0.67 |
216 |
1/83-5/02 |
19.3 |
| Japanese
Yen |
160,275 |
(13,238) |
92 |
48 |
2.85 |
0.77 |
2.61 |
0.63 |
205 |
1/83-5/02 |
19.3 |
| T
Notes |
62,453 |
(4,996) |
53 |
36 |
5.86 |
0.58 |
3.27 |
0.65 |
205 |
1/83-5/02 |
19.3 |
| Muni
Bonds |
72,631 |
(7,450) |
42 |
26 |
8.92 |
0.61 |
3.17 |
0.58 |
198 |
6/85-5/02 |
16.9 |
| Swiss
Franc |
124,013 |
(9,750) |
124 |
44 |
2.62 |
0.72 |
2.09 |
0.66 |
190 |
1/83-5/02 |
19.3 |
| Gold |
51,315 |
(7,100) |
63 |
57 |
2.34 |
0.55 |
3.11 |
0.37 |
170 |
1/83-5/02 |
19.3 |
| Crude
Oil |
75,660 |
(11,320) |
80 |
41 |
3.65 |
0.62 |
2.56 |
0.35 |
161 |
3/83-5/02 |
19.0 |
| Euro
$ |
43,653 |
(6,550) |
40 |
55 |
1.95 |
0.63 |
2.38 |
0.35 |
157 |
1/83-5/02 |
19.3 |
| Oats |
20,563 |
(2,600) |
27 |
48 |
3.38 |
0.36 |
3.14 |
0.41 |
155 |
1/83-5/02 |
19.3 |
| Coffee |
210,431 |
(24,150) |
812 |
31 |
3.25 |
0.66 |
1.48 |
0.45 |
148 |
1/83-5/02 |
19.3 |
| Heating
Oil |
82,279 |
(14,820) |
212 |
35 |
3.14 |
0.62 |
1.68 |
0.32 |
136 |
12/84-5/02 |
17.3 |
| Dollar
Index |
64,730 |
(8,565) |
138 |
38 |
2.55 |
0.49 |
1.54 |
0.46 |
133 |
11/85-5/02 |
16.5 |
| Lumber |
61,777 |
(9,371) |
317 |
39 |
2.27 |
0.54 |
1.48 |
0.34 |
125 |
1/83-5/02 |
19.3 |
| Soybean
Oil |
28,422 |
(5,436) |
66 |
50 |
2.05 |
0.44 |
2.05 |
0.27 |
122 |
1/83-5/02 |
19.3 |
| Corn |
22,213 |
(5,650) |
66 |
56 |
1.67 |
0.39 |
2.13 |
0.20 |
113 |
1/83-5/02 |
19.3 |
| Soybeans |
46,325 |
(12,900) |
75 |
44 |
2.24 |
0.40 |
1.76 |
0.19 |
103 |
1/83-5/02 |
19.3 |
| Platinum |
25,160 |
(9,290) |
16 |
44 |
3.16 |
0.27 |
2.46 |
0.14 |
103 |
1/83-5/02 |
19.3 |
| Copper |
34,238 |
(9,288) |
78 |
32 |
3.64 |
0.37 |
1.72 |
0.19 |
99 |
1/83-5/02 |
19.3 |
| Lean
Hogs |
42,144 |
(11,329) |
344 |
42 |
1.82 |
0.45 |
1.31 |
0.19 |
97 |
1/83-5/02 |
19.3 |
| Sugar |
19,153 |
(6,036) |
76 |
38 |
2.55 |
0.30 |
1.58 |
0.16 |
86 |
1/83-5/02 |
19.3 |
| Australian
$ |
25,320 |
(11,885) |
22 |
41 |
2.38 |
0.28 |
1.65 |
0.14 |
83 |
1/87-5/02 |
15.3 |
| Euro
Currency |
32,713 |
(20,250) |
72 |
19 |
5.71 |
0.32 |
1.38 |
0.16 |
83 |
6/92-5/02 |
9.8 |
| Heating
Oil |
24,864 |
(13,589) |
91 |
30 |
3.47 |
0.20 |
1.46 |
0.09 |
66 |
1/83-5/02 |
19.3 |
| Pork
Bellies |
18,116 |
(26,689) |
24 |
54 |
0.98 |
0.14 |
1.16 |
0.04 |
47 |
1/83-5/02 |
19.3 |
| Soybean
Meal |
4,795 |
(9,725) |
31 |
45 |
1.49 |
0.07 |
1.23 |
0.03 |
40 |
1/83-5/02 |
19.3 |
| |
|
|
|
|
|
|
|
|
|
|
|
| TOTAL-All
26 |
1,479,343 |
(55,651) |
3,037 |
42 |
3.21 |
1.59 |
2.15 |
1.38 |
351 |
1/83-5/02 |
19.3 |
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