This powerful trading strategy has been backtested over a significant period of time for the soybean meal futures market. The strategy uses a total of 5 distinct conditions to identify shorting opportunities, with each trade typically lasting no more than a couple of hours. No positions are held overnight, making this approach suitable for traders who prefer to take a more tactical, short-term approach.

The strategy comes with easy-to-follow Tradestation code in Easy Language, an ELD file and a workspace. This makes it easy for traders to quickly implement the strategy in their own environment, with the potential to replicate the impressive results demonstrated in backtesting. It is also suitable for Python users, as the strategies come with an accompanying plain English description.

It is important to note that past performance is no guarantee of future results, and caution should be taken when implementing any trading strategy. But with the added assurance of having been thoroughly backtested, this soybean meal futures trading strategy provides an attractive opportunity for traders seeking a short-term approach to the markets.