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Trading with range bars ichimoku cloud & awesome oscillator

  • #3,641
  • Oct 1, 2018 8:03am Oct 1, 2018 8:03am
Quoting ichikuse
{quote} Hi please see remarks in white. {image}
the highest price based on yesterday's highest / lowest price or based on the highest / lowest last oscillator bar indicator ...?
  • #3,642
  • Oct 1, 2018 8:29am Oct 1, 2018 8:29am
Quoting Patje
{quote} really....finally ....damn this took a while.....i am waiting for this for quite soem time.....as i use ctrader because i never liked MT4 ..... how are you doing with ninja ? thanks for your response turnip15
More inclined towards CTrader now- testing but seems intuitive to a simple soul like myself :-)
every Saint has a past. Every Sinner has a Future
  • #3,643
  • Oct 1, 2018 8:31am Oct 1, 2018 8:31am
Quoting newtraderer
{quote} the highest price based on yesterday's highest / lowest price or based on the highest / lowest last oscillator bar indicator ...?
man, it's support line (on bars' low). When price break it , you sell. Other is resistance line (on bars' high). When price break it, you buy.
  • #3,644
  • Oct 1, 2018 8:58am Oct 1, 2018 8:58am
For those of you using or trying out NinjaTrader 7 (note: this does NOT apply to vers 8), I find these 2 utilities make dealing with the chart much easier. One gives you a toolbar shortcut for drawing on the chart and the other allows you to "pan" the chart with a click and hold of your left mouse button and then move the mouse around. If you want you want to "re-lock" the price bars to fit the chart you can click on the little "F" box in the top right corner. I think these 2 things will help you think of NT7 as being more "intuitive" when interacting with the chart.

In NT7, just import this zip file under File->Utilities->Import NinjaScript...
Attached File(s)
File Type: zip NT7Utils.zip   7 KB | 274 downloads
  • #3,645
  • Oct 1, 2018 10:07am Oct 1, 2018 10:07am
Quoting turnip15
{quote} More inclined towards CTrader now- testing but seems intuitive to a simple soul like myself :-)
I like ctrader, but I will look into ninja as well .... There is another platform wich looks interesting... That's Quantower it is from developers of ptmc.... I als will check that out.... Still there is no great platform web or cloud based with range bars.. Tradingview just added range bars but you have to pay 30 a month and I don't like it so much....
We will see... Ctrader told me they will add range bars in the future also on ctrader web.
  • #3,646
  • Oct 1, 2018 9:22pm Oct 1, 2018 9:22pm
Quoting turnip15
Would Ninja8 work on a Apple Imac ?
I run a MacBook air and have installed VMWare Fusion for a couple windoz programs, one of which was NinjaTrader 8.
NinjaTrader 8 works just fine.
I do however run MotiveWave as my platform of choice and interface it with Interactive Brokers.
  • #3,647
  • Oct 1, 2018 11:48pm Oct 1, 2018 11:48pm
Quoting turnip15
{quote} More inclined towards CTrader now- testing but seems intuitive to a simple soul like myself :-)
ive been investigating CTrader but the brokers in UK do not seem to offer range bars with the app.
  • #3,648
  • Oct 2, 2018 2:26am Oct 2, 2018 2:26am
Quoting tradestar1
{quote} I run a MacBook air and have installed VMWare Fusion for a couple windoz programs, one of which was NinjaTrader 8. NinjaTrader 8 works just fine. I do however run MotiveWave as my platform of choice and interface it with Interactive Brokers.
I have been persuaded to try AMP Futures with Sierra charts.

Could you Futures traders take a look at my chart window to see if it is "Rockypoint" in layout please?

I am presently playing with the package to familiarize myself with charting and platform.
Sorry to be a pest.
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every Saint has a past. Every Sinner has a Future
  • #3,649
  • Oct 2, 2018 2:33am Oct 2, 2018 2:33am
Quoting tradestar1
{quote} I run a MacBook air and have installed VMWare Fusion for a couple windoz programs, one of which was NinjaTrader 8. NinjaTrader 8 works just fine. I do however run MotiveWave as my platform of choice and interface it with Interactive Brokers.
Tried to send you a pm to say thanks. I am trying to get away from spotfx and onto Futures. However, I have a steep learning curve ahead, for an old man, but it seems Futures ( I am told) is a more fair battle ground:-)
I am trying AMP with Sierra. Presently finding my way around the thing but exploration of the thing does make things clearer. I am reading CME site to learn about Futures. Your advice has been appreciated.
every Saint has a past. Every Sinner has a Future
  • #3,650
  • Oct 2, 2018 3:12am Oct 2, 2018 3:12am
Turnip15,
Been using sierra charts for a number of years now and find it a great platform. Infinity futures in the states provide it as there platform for futures traders.
Infinity have a lot of training videos on You Tube that I have found to be very helpful in learning sierra charts.
Hope this helps.
  • #3,651
  • Oct 2, 2018 5:25am Oct 2, 2018 5:25am
Quoting newtraderer
{quote} the highest price based on yesterday's highest / lowest price or based on the highest / lowest last oscillator bar indicator ...?
Its not necessarily the lowest or highest of yesterday.This has nothing to do with the oscillator yet.Just price.When you open any chart and look at the most recent price action you will always see an area where price went and turned back or hit a wall.That area is either a recent high or low where you draw a support or resistance line and you are now waiting for this area to be broken b4 u sell or buy.

See the GJ chart i just opened 23 minutes after the US open session started now.You can see that price went down but turned...so i drew a line there where it failed to go further.Thats support.I did the same when price went up.Thats resistance.I can then look to sell or buy when one of the two lines is broken.
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  • #3,652
  • Oct 2, 2018 7:08am Oct 2, 2018 7:08am
Just one piece of advice to those interested in using range bars. For Forex, probably fine because the volatility is so low compared to the popular futures contracts around the world. I stopped using them on futures this past year because the volatility was creating too many bars too quickly (missing signals) so I had to move up to 1 min charts. If I have to go past a 5 tick range bar in what I do then I've found I'm better off sticking with 1 min charts for signals.
  • #3,653
  • Oct 2, 2018 12:27pm Oct 2, 2018 12:27pm
I seem to have more luck with one minute bars, perhaps because my previous experience has made me comfortable with them.
  • #3,654
  • Oct 2, 2018 1:12pm Oct 2, 2018 1:12pm
Trade what makes you comfortable, this system works fine either time based or range based or tick based for that matter.
  • #3,655
  • Oct 3, 2018 8:00am Oct 3, 2018 8:00am
Eur/Usd short
( E/J was also a short but I was watching EU. the E/J was messier, so I thought but Rockies advice re stops and consolidations etc should have helped decision making)

Where is every one ?
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every Saint has a past. Every Sinner has a Future
  • #3,656
  • Oct 3, 2018 8:11am Oct 3, 2018 8:11am
Quoting CLTrader
Just one piece of advice to those interested in using range bars. For Forex, probably fine because the volatility is so low compared to the popular futures contracts around the world. I stopped using them on futures this past year because the volatility was creating too many bars too quickly (missing signals) so I had to move up to 1 min charts. If I have to go past a 5 tick range bar in what I do then I've found I'm better off sticking with 1 min charts for signals.
This is the US30 -Range bars ( TEN PIPS). One can see a couple of "blips" where price moved too fast to get in -this chart is a "Spread betting" ( Not Futures) chart.
IG in UK

UK Time
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every Saint has a past. Every Sinner has a Future
  • #3,657
  • Oct 3, 2018 8:13am Oct 3, 2018 8:13am
Quoting turnip15
{quote} This is the US30 -Range bars ( TEN PIPS). One can see a couple of "blips" where price moved too fast to get in -this chart is a "Spread betting" ( Not Futures) chart. IG in UK {image}
And the ONE Minute chart ( Not Futures but IG Index, spread bet data)

UK Time
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every Saint has a past. Every Sinner has a Future
  • #3,658
  • Oct 4, 2018 6:25am Oct 4, 2018 6:25am
E/J ( I know -there where probably better trades- even the dax was more "Range bar" friendly today :-)

So - E/J - two out of three winners. ( Second trade pulled back too far for my nerves and spooked me out )

( Where is everybody ? )
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every Saint has a past. Every Sinner has a Future
  • #3,659
  • Oct 4, 2018 7:50am Oct 4, 2018 7:50am
Cable was a good mover -shame I wasn't on it. :-)
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every Saint has a past. Every Sinner has a Future
  • #3,660
  • Oct 8, 2018 6:49am Oct 8, 2018 6:49am
E/J short: ( Anyone else here today?)
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every Saint has a past. Every Sinner has a Future
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