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Flag trading the trend

  • #8,501
  • Sep 28, 2015 8:01am Sep 28, 2015 8:01am
+1 short from79 on 13 tick chart
  • #8,502
  • Sep 28, 2015 8:02am Sep 28, 2015 8:02am
yes ... haven't looked at r13 yet will look today thanks for sharing Harold
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  • #8,503
  • Sep 28, 2015 8:04am Sep 28, 2015 8:04am
Quoting Divergence
+1 short from79 on 13 tick chart
then hits tp
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  • #8,504
  • Sep 28, 2015 8:08am Sep 28, 2015 8:08am
follow up to last week's post---leave it on trailing stop, to set a hard target just click on buy/sell at 15 (opposite of entry), once it hits the hard target the trailing stop will go away, at least on initial test

if u enter a hard target at 15, if price hits your stop, you have to manually cancel the hard target, since the stop doesnt cancel that order

obviously, try it out on sim first for yourself
  • #8,505
  • Sep 28, 2015 8:10am Sep 28, 2015 8:10am
Quoting tbjohnton
follow up to last week's post---leave it on trailing stop, to set a hard target just click on buy/sell at 15 (opposite of entry), once it hits the hard target the trailing stop will go away, at least on initial test if u enter a hard target at 15, if price hits your stop, you have to manually cancel the hard target, since the stop doesnt cancel that order obviously, try it out on sim first for yourself
seems complicated will still manually do it
  • #8,506
  • Sep 28, 2015 8:15am Sep 28, 2015 8:15am
what is the stop and profit for 13 tick chart Divergence please?
  • #8,507
  • Sep 28, 2015 8:19am Sep 28, 2015 8:19am
Quoting jubael
what is the stop and profit for 13 tick chart Divergence please?
everything remains the same 15 stop and yarget get up 8 move stop to +1 up 13 lock in 8
  • #8,508
  • Sep 28, 2015 8:21am Sep 28, 2015 8:21am
Nice thanks!
  • #8,509
  • Sep 28, 2015 8:37am Sep 28, 2015 8:37am
sell at 58 if it comes back
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  • #8,510
  • Sep 28, 2015 8:52am Sep 28, 2015 8:52am
Hi Divergence,

You said that from testing you found 13 and 18 to be most profitable. Does that also mean that you had tested smaller ticks such as the common 4 and 8? I wanted to test them out if you have not already done so.
  • #8,511
  • Sep 28, 2015 9:29am Sep 28, 2015 9:29am
95 short loss
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  • #8,512
  • Sep 28, 2015 9:31am Sep 28, 2015 9:31am
Quoting jubael
Hi Divergence, You said that from testing you found 13 and 18 to be most profitable. Does that also mean that you had tested smaller ticks such as the common 4 and 8? I wanted to test them out if you have not already done so.
to small they print to quickly
  • #8,513
  • Sep 28, 2015 9:32am Sep 28, 2015 9:32am
Quoting erasmus66
95 short loss
Bad luck. Price touched the VWAP and surged.
  • #8,514
  • Sep 28, 2015 9:48am Sep 28, 2015 9:48am
18 short on 13r won
  • #8,515
  • Sep 28, 2015 9:50am Sep 28, 2015 9:50am
I see - makes sense
  • #8,516
  • Sep 28, 2015 9:50am Sep 28, 2015 9:50am
yes might get hat at 93
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  • #8,517
  • Sep 28, 2015 9:50am Sep 28, 2015 9:50am
45.03 short gave +8
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  • #8,518
  • Sep 28, 2015 11:50am Sep 28, 2015 11:50am
heres results of this month using 13 and 18 tick range bar which ever one setups up first or which ever one gives better price to enter. results based on parlay method where when up 30 ticks after a loss we go to 2 contracts and when up 90 ticks we go to 3 contracts. Month started with 7 wins in a row putting you up 105 ticks so we skip 2 contract scenario and go to 3 when we get first loss. everyday verified via 1 minute and 30 second chart for accuracy. after loss putting total at 90 we went 62 wins at 3 contracts 7 losses and 11 +8s which is really +24s total ticks for the month 2830 which equates out to 28300 not to shabby
  • #8,519
  • Sep 28, 2015 12:02pm Sep 28, 2015 12:02pm
Wow that's some really good numbers. So this is based on having a signal on both charts and only taking the better price for the usual hat, 2b and 123 ?
  • #8,520
  • Sep 28, 2015 12:17pm Sep 28, 2015 12:17pm
Quoting jubael
Wow that's some really good numbers. So this is based on having a signal on both charts and only taking the better price for the usual hat, 2b and 123 ?
yes same setups sometimes only 1 charts gives it but when both give it take better price. These results didn't include those 3 huge days in august which would have produced more
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