V.16:14 (664-666): Product Review: Dual Thrust System by John Sweeney

V.16:14 (664-666): Product Review: Dual Thrust System  by John Sweeney
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Product Description

Dual Thrust System, Trading System For Seven Markets (Universal Technical Systems). A stop-and-reversal trading methodology for Treasury bonds, the Standard & Poor's 500 and five other futures contracts. by John Sweeney

At STOCKS & COMMODITIES, we rarely look at products for which the trading methodology isn’t disclosed to the user, and trading systems often aren’t. With our “how-to” focus, we’re interested in learning something as well as making money. Further, reviewing systems can take many months and many resources. Given that, however, we’re as enthusiastic as anyone to see a fully disclosed, historically successful trading system with a published track record. Such is registered CTA Michael Chalek’s Dual Thrust System, although the version we received only has a track record since being reworked in March 1997. Onscreen, the program is labeled as version 1.0.

We received Dual Thrust in two versions: DOS and TradeStation. If you have the TradeStation version, any data you can get into TradeStation, which is just about any data format, can be traded using Dual Thrust. Plus, you can try out TradeStation’s stop and optimization techniques. Either way, after you install the program, you plug a hardware key into your printer port, reattaching the printer cord to the key.

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