Unlock the Power of Level II Trading with Proteus
- Capstone Trading
- 3 days ago
- 2 min read
Trading with Level II data opens the door to deeper insights and faster decision-making. But unlike many “set it and forget it” strategies, it requires a more active approach. That’s exactly where Proteus comes in—a fully customizable trading algorithm designed to help traders harness the edge that Level II data provides.
Built for Volatility, Proven in Narrow Markets
Proteus was originally designed to trade the wide-ranging, volatile environments of the E-mini Nasdaq. This summer, however, markets have shifted. We’ve seen tighter ranges and choppier price action compared to the first four months of the year.
Even in these conditions, Proteus has continued to deliver a positive edge using the standard subscription inputs. Looking ahead, we expect volatility to return in the final third of the year, but Proteus has already shown it can adapt to both narrow and wide-ranging market conditions.
3 Modules, One Clear Standout in Narrow Ranges
Proteus includes three trading modules, each with standard inputs for the E-mini Nasdaq. Among them, Proteus II has been the standout performer—achieving the highest average trade profit and lowest drawdown when ranges are tight.
Introductory Price Ends Today
Since launch, Proteus has been available at an introductory price. Today is the final day to secure it at that price. Don’t miss your chance to lock in access before the cost increases.
Flexible, Customizable, and Expanding
Trade any market, any contract size – Proteus isn’t limited to one instrument or number of contracts.
Replay and test with ease – Run Market Replay in NinjaTrader 8 to experiment with different configurations.
Standard + advanced inputs – Start with the recommended defaults or dig deeper into the broad range of adjustable settings.
Ongoing development – Additional modules and settings are currently in testing and will be rolled out to subscribers once developed.
Hypothetical Results on September Contract
Using one-second charts of the E-mini Nasdaq in Market Replay, Proteus was tested with default inputs on the September contract. Among the three modules, Proteus II once again showed the strongest performance, combining the highest average trade profit with the lowest drawdown.
Proteus I Market Replay Hypothetical Results

Proteus II Market Replay Hypothetical Results

Proteus III Market Replay Hypothetical Results

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