Summary

The Diversified Reversal Program trades futures primarily in gold, silver, and crude oil. The majority of the trading is done using fully automated algorithmic trading programs. These proprietary systems will be mainly day trades or very short swing trades. These systems use very different technical indicators such as time, moving averages, ATR, volume, and other tools specific to each system. When discretionary trading takes place it is only after extensive characterization of market conditions and past trade opportunities. We consider these trades discretionary even though we are using rule based systems that, in the future, will most likely by duplicated in an automated environment.