Viper Trading Systems Indicator | Trading Reviews and Vendors


futures.io - futures trading strategies, market news, trading charts and platforms


Trading Reviews and Vendors


Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons




 

Viper Trading Systems Indicator

  #187 (permalink)

Houston, TX
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Futures, AMP, CQG
Favorite Futures: 6E
 
TheWizard's Avatar
 
Posts: 1,731 since Jun 2009
Thanks: 519 given, 4,178 received


SawDr View Post
Just found it = use Ninja's ATRTrailing stop with "Multi" set to 4.2 and "Period" set to 4. This matches exactly.

SawDR,

TSSuperTrend also works rather well. Change default settings as follows:

SuperTrend Mode = "Adaptive" (default is ATR)
Multiplier = 4 (default is 2.618)
Moving Average Type = HMA (default)
Smoothing = 14 (default)


Actually, comparing the 2 on the same screen, the TSSuperTrend is a bit earlier in its recognition of the change in trend direction. Try 'em both out & compare. The thing I like about TSSuperTrend is, you can color the Up / Down stop dots, whereas in the ATRTrailingStop, they are always the same color. Just a minor difference, but one that may appeal to you.

After all, it's what you learn AFTER you know it all, that counts!

Last edited by TheWizard; August 11th, 2010 at 10:22 PM.
Reply With Quote
The following 2 users say Thank You to TheWizard for this post: