The Unger Academy recently announced the winners of its Strategy of the Month contest for June. This contest rewards the best trading strategies developed by students using the Unger Method. The winner gets a 1,000 euro Amazon gift card. Let's dive into the details of the top strategies.
First, there's an intraday breakout strategy on the DAX by Simone. This strategy operates on a 15-minute timeframe during the typical DAX session, which runs from 8 AM to 10 PM. The strategy breaks the previous session's highs or lows. It uses an ADX filter and a unique pattern from the Unger Academy. The equity curve is impressive, showing consistent gains and very low drawdown. The total gain since 2010 is €220,000, with an annual return on maximum drawdown of nearly 18.
Next is an intraday breakout strategy on the Nasdaq futures, sent in by Henry. This strategy operates on a 5-minute timeframe. It uses different engines for long and short positions. Long positions break the highs from two days ago, while short positions use Pivot Points. The strategy has been highly profitable since 2017. The overall gain since 2010 is about $368,000, with a return on maximum drawdown over 26. The equity curve is outstanding, and the average trade value exceeds $250.
The winning strategy for June comes from Ismail. It's a multiday trend-following strategy on Dow Jones futures with a 5-minute timeframe. This strategy checks the market status before the US session and before major US news releases. It enters positions based on momentum indicators and holds them for up to a couple of days. The strategy has gained $162,000 since 2010, with a very low drawdown of just over $8,000. The return on maximum drawdown is close to 20, and the average trade is around $195.
These strategies highlight the effectiveness and creativity of students at the Unger Academy. They use well-known statistical edges, but add unique elements to achieve impressive returns with low drawdowns. The monthly contest is a great way for students to showcase their skills and gain recognition.
The Unger Academy offers access to the codes of these winning strategies through the Unger Strategy Club. This service includes a monthly live Masterclass for advanced training and operational insights for portfolio strategies.
These strategies provide valuable insights for anyone interested in developing robust and profitable trading systems. The results speak for themselves, showing consistent gains and excellent risk management.
