since I think you have tradestation see if there is a macd/bb and see if it works the same
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I have Tradestation, but for daytrading I prefer to use Ninjatrader. It is a heck of a platform for daytrading. I will check out what JT said above about Big Mike's Forum and the Ninja programmer over there who can make it happen.
ok based upon the following rules 10 tick range bar chart, 12 tick target and stop, when up 7 move stop to +1, when up 10 lock in 6 its a half win. the only indy is the macd/ha with the default setting but change it from exponential to wilders. take the signal as long as market is moving and its sloping up or down regardless of where it is. The hrs of trading is 830 am ny time to 12 noon. The goal is to net plus 2 wins a day. sometimes you get a win loss win loss win win and days like that happen but the net result is what counts. Jan had 19 trading days there were 19 out of 19 winning days perfect month. Feb also had 19 trading days 17 winning 2 losing for a net of 15 winning days. march had 22 trading days 21 were winning days 1 losing day for a net of 20. april so far had 5 winning days out of 5. so if you trading just 1 contract per trade you would had 59 net winning days of 240 dollars per day which equates to 14160 this yr These are the full rules for trading this setup only difference is instead of getting in 1 tick below I get in at the low the target is same as if I did get in 1 tick below so 13 target and 11 stop or 12 tick target and 11 stop your preference
Go to this post. Go to the right side of the chart. The 2nd, 3rd, 4th, and 5th setups from the right side are the two-bar pattern, only for a long (just reverse for a short). For a short example, look at the first setup from the left side of the chart. Most if not all of the other setups are the conventional one-bar pattern.
the ma is simple 10 apllied to median hl/2 when candle closes below 10 and cci closes below 50 on a downtrend enter 1 pip below low stop is last swing pullback 1 last chart {image}
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Dear fellow,
Mind you share the retracement indicator you use?
{quote}cali amp has sierra for free why not get signal from that and trade it on ninja
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I will get sierra next week via amp. Thank you for pointing that out, Divergence. If I like it, I will probably just have the indi made for Ninja.
Please note that the ma strategy I showed you has been working just fine, albeit with a tiny sample size: 6 wins of 6 trades, 75 ticks in three days. There were many more setups than just that, but I was away from the desk for lengthy periods of time this week. For trade mgt, I use a 6-tick scalp on half the position and then trail a stop on the second half after moving s/l to breakeven. This is on a 1min chart of crude oil futures.
for those not trading the crude futures go to amp or any broker that has a sierra 30 day demo and check out the setup for 30 days. if you find the results I have been posting you can open an acct. I recommend 3000 to 5000 to open though some will let you open for less the margin to day trade varys from 500 to 1000 and all that means is you have to have 1000 in your acct. trade 1 contract per trade. risk is 110 a trade. there is no spread and commissions vary from 3.94 to 4.50 per trade per contract that's why my stop is +1 when I get profitable to cover that.
{quote} I will get sierra next week via amp. Thank you for pointing that out, Divergence. If I like it, I will probably just have the indi made for Ninja. Please note that the ma strategy I showed you has been working just fine, albeit with a tiny sample size: 6 wins of 6 trades, 75 ticks in three days. There were many more setups than just that, but I was away from the desk for lengthy periods of time this week. For trade mgt, I use a 6-tick scalp on half the position and then trail a stop on the second half after moving s/l to breakeven. This...
{quote} Go to this post. Go to the right side of the chart. The 2nd, 3rd, 4th, and 5th setups from the right side are the two-bar pattern, only for a long (just reverse for a short). For a short example, look at the first setup from the left side of the chart. Most if not all of the other setups are the conventional one-bar pattern.
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I see, you mean two range bar in a pullback and then trigger on the next candel.
didn't quite set up that 1 pb wasn't deep enough. it seems the best setup to go short is when we pb get a up candle and a green dot while indy is sloping down then a down candle with a green dot turn it around for longs look at the resent chart
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td read this and connect the dots with what you just said and you got it
I am currently waiting to be contacted and getting my trial finalized, I just want to get a feel for how the realtime trade execution is handled.
I have never traded ticks or bricks so when a setup appears do u just hit buy/sell and have your tp/sl and be on default settings? Or do u actually set a buy stop or sell stop and need momentum to take you into the trade? I ask because I get the feeling without quick reaction u could be left in the dust.
Fx fury on chart you can have tick count down. You will use a dom where you can default 12 tick profit 10 tick stop so all you do is click price when you see price setting up for a buy or sell stop and lines will appear on chart. Make sure you set it as a simple bracket pretty simple
Heres an example indys sloping down we get 2 up candles the second one gives us a green dot so next candle goes up 2 ticks then start to come down we know where entry is if it triggers so we click the price on down to sell and thats all there is to it no typing or anything. We then can control trade by grabbing stop line and moving it when needed
just looked at sept and oct and dec of last year when price was a lot higher sept perfect month 19 winning days of 2 wins October was 19 winning days 2 losing for a net of 17 dec only traded the first 15 days Christmas and new yrs week no trading 14 winning days 1 losing day. well that's a wrap see you monday
