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  • #401
  • Mar 5, 2024 10:24pm Mar 5, 2024 10:24pm
So this was my day today. 91 ticks. this is my 2 minute chart. Which I use just to see the big picture for the day. I do noy usually trade off of it. But it shows the whole day with all my trades. I made 32 trades. I think I had 6 loses and 3 B/E's Most trades are 4-6 ticks profit for the winners. If it looks like I missed a signal then I probably did. All the info for setting are on the charts.
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  • #402
  • Mar 5, 2024 10:27pm Mar 5, 2024 10:27pm
Part of the 610 tick chart from earlier in the day. Show some trades.

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  • #403
  • Mar 6, 2024 3:33am Mar 6, 2024 3:33am
Hi Pastor,
I'm going to setup your chart on Tradovate and see if I can replicate your results. MT4 doesn't have tick charts.
  • #404
  • Edited Mar 7, 2024 12:50am Mar 6, 2024 7:19am | Edited Mar 7, 2024 12:50am
Quoting Verde
Hi Pastor, I'm going to setup your chart on Tradovate and see if I can replicate your results. MT4 doesn't have tick charts.
Don't be afraid to make adjustments to it to fit your style and make it your own. We all trade a little different. So let me know how it goes. Blessings
  • #405
  • Mar 7, 2024 12:08am Mar 7, 2024 12:08am
Thanks for your encouragement.

Sadly, the Tradovate chart goes blank after I select tick chart and input the number of ticks. It seems to be a common problem faced by others as well.

It doesn't matter as this thread has already made me rethink what is possible.
  • #406
  • Mar 7, 2024 10:07pm Mar 7, 2024 10:07pm
Quoting Verde
Thanks for your encouragement. Sadly, the Tradovate chart goes blank after I select tick chart and input the number of ticks. It seems to be a common problem faced by others as well. It doesn't matter as this thread has already made me rethink what is possible.
The concept works on any type of chart. Time or Range charts whatever works for you.
  • #407
  • Mar 8, 2024 7:10am Mar 8, 2024 7:10am
Quoting Verde
Thanks for your encouragement. Sadly, the Tradovate chart goes blank after I select tick chart and input the number of ticks. It seems to be a common problem faced by others as well. It doesn't matter as this thread has already made me rethink what is possible.
Never had a problem with that. Have you contacted support?
  • #408
  • Mar 9, 2024 12:56am Mar 9, 2024 12:56am
Quoting medici
{quote} Never had a problem with that. Have you contacted support?
Doubtful support wud reply as it's the free trial page accessed from here
https://trader.tradovate.com/try-it

On reddit theres a thread on it.

The other problem is that the zoom in button doesn't work, thus squeezing the chart, but the zoom out button works.
Browser is the latest version of Firefox.
  • #409
  • Mar 9, 2024 2:17am Mar 9, 2024 2:17am
Is it possible to have the indicator settings for mt4 Android please? Because I'm not often in front of my PC screen. THANKS . (I'm a little lost with the tics stories)
  • #410
  • Mar 9, 2024 5:50am Mar 9, 2024 5:50am
Quoting Verde
{quote} Doubtful support wud reply as it's the free trial page accessed from here https://trader.tradovate.com/try-it On reddit theres a thread on it. The other problem is that the zoom in button doesn't work, thus squeezing the chart, but the zoom out button works. Browser is the latest version of Firefox.
Then why not dpwnload the desktop app and sign up for a 2 week trial account? Then it should work.
  • #411
  • Mar 9, 2024 6:35am Mar 9, 2024 6:35am
Quoting medici
{quote} Then why not dpwnload the desktop app and sign up for a 2 week trial account? Then it should work.
I did think about it......lets see on Monday.

My Friday results using a similar method to this were very disappointing. Paper loss was about 23 ticks on 8 trades with only 2 wins using a stop of 6 ticks.
How did you fare?

Pastor seems to be using Ninjatrader, I have a free license key but no data.
  • #412
  • Mar 12, 2024 6:47am Mar 12, 2024 6:47am
Quoting Verde
{quote} I did think about it......lets see on Monday.
How did that go?

Quote
My Friday results using a similar method to this were very disappointing. Paper loss was about 23 ticks on 8 trades with only 2 wins using a stop of 6 ticks. How did you fare?

I did ok, thanks. NFP days are usually generous. I don't trade the model shared here though.
  • #413
  • Mar 12, 2024 7:31am Mar 12, 2024 7:31am
Quoting medici
{quote} How did that go? {quote} I did ok, thanks. NFP days are usually generous. I don't trade the model shared here though.
After registering, I downloaded the software and was able to get the tick chart. It moves much faster compared to the M1 chart, so I went back to using the M1 chart.

Net result was profitable, but just barely with profit of $7.
It could easily have gone into a loss.

I'm not using the exact same system posted here as I couldn't find the Stoch Rsi in Tradovate so I used 2 CCI panes with different lengths.

I'll try it for a few more days and if I can't get it to work I'll look out for something else.
  • #414
  • Edited 8:14am Mar 12, 2024 7:47am | Edited 8:14am
Hey Verde Post a pic of your chart. This is one I have been trading lately. Bollinger bands. It deleted the MA in the middle of the bands and replaced it with a 34 ema.
Then a CCI at 14 or 20 periods. Then my Sto-RSI set at 20 and then a Longer CCI set at 40. I have been doing pretty well with this one. I do a lot of reading and have certain youtube channels I like. So I saw this on TraderDNA on youtube. They have a good channel with a lot of different trading systems So I have tried a lot of them and they work. this is one of my favorites. Simple and effective. Those are always the best. But all three indicators have to be going in the same direction, above the zero line. And price has to be above the 34ema. Here is a link to their video.
Inserted Video

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  • #415
  • Mar 12, 2024 8:08am Mar 12, 2024 8:08am
Quoting Verde
{quote} After registering, I downloaded the software and was able to get the tick chart. It moves much faster compared to the M1 chart, so I went back to using the M1 chart. Net result was profitable, but just barely with profit of $7. It could easily have gone into a loss. I'm not using the exact same system posted here as I couldn't find the Stoch Rsi in Tradovate so I used 2 CCI panes with different lengths. I'll try it for a few more days and if I can't get it to work I'll look out for something else.
You can find Stoch RSI among community indicators. There's an option on the Indicators menu for exploring those.
  • #416
  • Mar 12, 2024 9:25am Mar 12, 2024 9:25am
Quoting kthrapp350
Hey Verde Post a pic of your chart. This is one I have been trading lately. Bollinger bands. It deleted the MA in the middle of the bands and replaced it with a 34 ema. Then a CCI at 14 or 20 periods. Then my Sto-RSI set at 20 and then a Longer CCI set at 40. I have been doing pretty well with this one. I do a lot of reading and have certain youtube channels I like. So I saw this on TraderDNA on youtube. They have a good channel with a lot of different trading systems So I have tried a lot of them and they work. this is one of my favorites. Simple...
Thanks Pastor, I've watched most of the CCI vids on Utube
Right now I've put up a 14 and a 50 CCI, here it is.

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Quoting medici
{quote} You can find Stoch RSI among community indicators. There's an option on the Indicators menu for exploring those.
Thanks, I found the Latter day trader Stoch RSI indicator in Community indicators, clicked install but the indicator doesn't get added.
  • #417
  • Mar 12, 2024 9:31am Mar 12, 2024 9:31am
Quoting Verde
Thanks, I found the Latter day trader Stoch RSI indicator in Community indicators, clicked install but the indicator doesn't get added.
You may need to wait for a while, or restart the app.
  • #418
  • Mar 12, 2024 10:04am Mar 12, 2024 10:04am
On Tradovate I really like this version of CCi, with settings 25 and 13. It's a 700 tick chart.
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  • #419
  • Mar 15, 2024 3:03am Mar 15, 2024 3:03am
Quoting kthrapp350
I have been doing pretty well with this one. I do a lot of reading and have certain youtube channels I like. So I saw this on TraderDNA on youtube. They have a good channel with a lot of different trading systems So I have tried a lot of them and they work. this is one of my favorites. Simple and effective. Those are always the best. But all three indicators have to be going in the same direction, above the zero line3
Yesterday I got butchered using it. It works fine in a fast moving market but falls flat when when the market starts ranging which is the problem with most systems. This might be better suited for forex or stocks which are more trending.

The total loss was sim $400, but what was worse was that my stop got taken out 2-3 times and then it moved in my direction. Is my 6 tick stop too small for a M1 chart, what shud be the stop size/take profit for an M3 chart?

The other thing I noticed is that it doesn't move more than 4 pts in 1 direction before reversing so if you cannot get in and out at the exact top and bottom. its hard to make any profit from it.

Today I'm going to check if the other indices are not as choppy.
  • #420
  • Mar 15, 2024 7:53am Mar 15, 2024 7:53am
Quoting Verde
{quote} Yesterday I got butchered using it. It works fine in a fast moving market but falls flat when when the market starts ranging which is the problem with most systems. This might be better suited for forex or stocks which are more trending. The total loss was sim $400, but what was worse was that my stop got taken out 2-3 times and then it moved in my direction. Is my 6 tick stop too small for a M1 chart, what shud be the stop size/take profit for an M3 chart? The other thing I noticed is that it doesn't move more than 4 pts in 1 direction...
Hey Verde, ranging markets can be hard for sure. This week is triple witching for futures and option contracts. The march contract for ES and the like expire at 7:30am my time. Which when the NY session opens. So the Thursday before can be a mess. A lot of people are rolling the contracts to the new one and it kind of messes with the P/A. The last two days of a contract are not me favorites. I did not make much until after 11:00am my time which is Mountain time in the US. Markets are pretty choppy right now. that happens when we hang out near the all time highs and there is not a lot of people on the sell side. Vix is really low right now. Everyone is looking for that first rate cut in the US.

Keep practicing, I would adjust me stops to the market. Some times when it really ranges you get stopped out and then it goes right where you thought in the first place. So I track the market with a 1500-2000 tick chart also. I will post one. I use the CCI and Sto-Rsi on that one too, When the markets are slow Then it pays to not trade before the 610 and 1500 agree. Yesterday had a lot of volume but price did not go far. Typical of the contract roll over week.
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