QUICK SCANS: SWING CATCHER
Swing Catcher's latest incarnation features fully automatic analytical runs for picking parameters. If that doesn't fit your style, Trend Index will mail you the latest parameters as determined by its own 25 MHz 386 number grinder.
Swing Catcher is a trading program that originally was used on 11 trending markets (Swiss franc, Deutschemark, yen, British pound, Treasury bonds, Eurodollars, gold, copper, soybeans, cotton and the S&P 500). Now, however, it's been expanded to 37 markets, too numerous to list here. Originally, the idea was to match up with a market's natural rhythm, its cycles or "harmonics." This necessitated constantly reanalyzing the price data as harmonics appeared and disappeared or adjusted in amplitude. Over the years, numerous patterns have been added to the rules as well as three modes of trading (conservative, moderate or aggressive), logic to minimize drawdowns and the ability to rank markets based on their trending behavior. Although it adjusts its entries and stops as volatility changes so as to catch as many of the swings as possible, Swing Catcher is, according to the manual, still best at trend-following.