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The Crude Dude Oil Trading System
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The Crude Dude Oil Trading System

  #861 (permalink)
Elite Member
Belcher, LA
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: TradeFutures4less/CQG
Favorite Futures: CL
 
stifland's Avatar
 
Posts: 105 since Feb 2010
Thanks: 100 given, 107 received

1st NQ trade

magnet to magnet

https://www.screencast.com/t/E7p4isJWR

not sure how to get just image to show up like you guys.....

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  #862 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 719 since Oct 2011
Thanks: 624 given, 2,445 received


stifland View Post
One comment on the MM. i notice you always kind of go all, all out compared to a 2 target approach. So question would be , how would you know when to go for 10 or 20 versus using the spine runner? Maybe would be good to have T1 and a runner. You mentioned you had an atm to approximate the spinr runner so wondering if you could show atm setup for that and i may experiment with it, thanks. B

I have tried trading taking off contracts, but I have proven to do better going all in or all out. Some trades , depending on how strong the momentum is, lend themselves to a bigger target. But honestly, I don't always know initially , which is why I evaluate when it gets to 10 ticks whether I will hold for more or not. If I set a fixed 10 tick target each time, that is all I will get. If I set a bigger target and decide I am only going to take 10, then I have that option. It also depends on how many obstacles are in the way of a bigger target.

I don't use an ATM to trail the black spine. I bought something called Profit manager a few years back, that has a trailing stop that you can program a variety of ways. You can have it trail through an EMA or SMA, Percentage, Parabolic SAR ,Bollinger, Swing/high or low, Supertrend and a few more. I got it through Indicator Warehouse , but it was around $700. They don't make it anymore. I tinkered with it until I got a decent approximation of the spine.

Here's a video on it I made a few years ago, if you want to see it in action.


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  #863 (permalink)
Elite Member
Florida
 
Futures Experience: Advanced
Platform: NinjaTrader 8
Favorite Futures: YM, ES, NQ, CL, ZB
 
trendwaves's Avatar
 
Posts: 741 since Dec 2012
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In NinjaTrader 8, there is a new feature where you can attach any open order directly to an indicator via Chart Trader. So you can simply have your ATM Strategy put a fixed stop on the chart for you at say 20 ticks or whatever fixed value you like, then you click on the order and attach it directly to your spine (with an offset if you like) and the ATM will then move the order with the spine over time. No programming required, it's all done on the chart with your mouse.

Here is a tutorial on how do use this feature of NT8... https://www.youtube.com/watch?v=KDErM1cWjtA

Be Patient and Trade Smart
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  #864 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 719 since Oct 2011
Thanks: 624 given, 2,445 received


trendwaves View Post
In NinjaTrader 8, there is a new feature where you can attach any open order directly to an indicator via Chart Trader. So you can simply have your ATM Strategy put a fixed stop on the chart for you at say 20 ticks or whatever fixed value you like, then you click on the order and attach it directly to your spine (with an offset if you like) and the ATM will then move the order with the spine over time. No programming required, it's all done on the chart with your mouse.

Here is a tutorial on how do use this feature of NT8... https://www.youtube.com/watch?v=KDErM1cWjtA

Thanks..That looks very cool. Not sure yet if some of my indicators will work on Ninja 8.

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  #865 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 719 since Oct 2011
Thanks: 624 given, 2,445 received

recap of 4 10 17

Trading is going much better since I've included NQ as one of my instruments. It works great with my system. Crude has been very disappointing lately.


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  #866 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 719 since Oct 2011
Thanks: 624 given, 2,445 received

Volatile Day

Recap of today's trades.


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  #867 (permalink)
Elite Member
Santa Barbara, CA
 
Futures Experience: Advanced
Platform: NinjaTrader
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Posts: 135 since Oct 2014
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FDAX

Hi Lance,

Happy to see you're doing real well with NQ.

You may want to look at FDAX, the tick value is $10 EURO (about $12 US), and it moves FAST!

You do need to pay $21 for EUREX real time feed, but you can see intraday chart without the feed just to study it.

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  #868 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 719 since Oct 2011
Thanks: 624 given, 2,445 received


wshi88 View Post
Hi Lance,

Happy to see you're doing real well with NQ.

You may want to look at FDAX, the tick value is $10 EURO (about $12 US), and it moves FAST!

You do need to pay $21 for EUREX real time feed, but you can see intraday chart without the feed just to study it.

I have to thank you again for suggesting I look into NQ again. It's made a big difference in my trading. My system requires instruments that move with momentum . Cl seems to have lost a lot of it's volatility these days.

I have looked at charts of FDAX over the years and it looked like something I would do well with. However, my broker's clearing didn't have FDAX in the past. I might check into it again, sometime. I would like it better if I was up during the European session. I think it moves smoother in the first few hours of it's open.

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