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My 6E trading strategy
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My 6E trading strategy

  #1011 (permalink)
Elite Member
San Antonio, TX
 
Futures Experience: Intermediate
Platform: SierraCharts
Favorite Futures: ES, 6E
 
Posts: 123 since May 2011
Thanks: 15 given, 97 received


trendisyourfriend View Post
Some people asked my settings for other symbols, here they are:

6E -> 1508 short term 1508/4
Max: 23t
Avg: 11t
Min: 8t

NQ -> 1200 short term 1200/4
Max: 25t
Avg: 15t
Min: 11t

ES -> 3200 short term 3200/4
Max: 12t
Avg: 7t
Min: 5t

This is based on the fact that if the S&P moves 1 point, the Dow will move 10 points, the NASDAQ will move 2 points and the RUSSELL 1/2 point. So using the MAX[100], MIN[100] and EMA[100] applied to the ATR[14] i got these numbers.

Thanks for posting.

One question though, what do these numbers mean?

Max: 25t
Avg: 15t
Min: 11t

 
  #1012 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
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Lmess View Post
Thanks for posting.

One question though, what do these numbers mean?

Max: 25t
Avg: 15t
Min: 11t

t = ticks. I wanted to know how many ticks a bar might have on average as well as the MAXIMUM and MINIMUM i could find. To do this i proceeded using the MAX, MIN and EMA functions in Ninja but applied to the ATR[7]. Knowing these figures i tried to find the settings for the other symbols to get a similar ratio of ticks. See picture for more details.

Attached Thumbnails
My 6E trading strategy-6e_stats.jpg  
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  #1013 (permalink)
Elite Member
San Antonio, TX
 
Futures Experience: Intermediate
Platform: SierraCharts
Favorite Futures: ES, 6E
 
Posts: 123 since May 2011
Thanks: 15 given, 97 received



trendisyourfriend View Post
t = ticks. I wanted to know how many ticks a bar might have on average as well as the MAXIMUM and MINIMUM i could find. To do this i proceeded using the MAX, MIN and EMA functions in Ninja but applied to the ATR[7]. Knowing these figures i tried to find the settings for the other symbols to get a similar ratio of ticks. See picture for more details.

Interesting approach to determining the tick chart settings for the other instruments.

I wanted to determine the settings for the YM; unfortunately SC does not have similar studies so I can determine the tick chart settings for the YM. Could you please check with your indicators to see what the appropriate settings for the YM would be?

 
  #1014 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,496 received


Lmess View Post
Interesting approach to determining the tick chart settings for the other instruments.

I wanted to determine the settings for the YM; unfortunately SC does not have similar studies so I can determine the tick chart settings for the YM. Could you please check with your indicators to see what the appropriate settings for the YM would be?


If you use 1200t for your long term you should match the settings i posted for the ES.

Here are the stats for the YM

YM -> 1200
Max: 33 pts
Avg: 20 pts
Min: 14 pts

On average each bar makes 20 pts on a 1200t chart.

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  #1015 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
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cory's Avatar
 
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Lmess View Post
Interesting approach to determining the tick chart settings for the other instruments.

I wanted to determine the settings for the YM; unfortunately SC does not have similar studies so I can determine the tick chart settings for the YM.

be creative.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

 
  #1016 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
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trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
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Here are my settings for the 6E, ES, NQ and TF for this strategy (see picture). These represent my long term charts.

Attached Thumbnails
My 6E trading strategy-settings_cjbooth_method.jpg  
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  #1017 (permalink)
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Des Moines, Iowa
 
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cjbooth View Post
Traders,

I have created a 60 minute video that covers trading for the 1st 3 days of the week, I will try to create another one over the weekend covering the last 2 days in order to catch everyone who is not attending my trading room caught up

Click this link to watch the video

http://www.anymeeting.com/tradingmymethod/E950D787814C



Charles

maybe its just on my end, but the video just sits at the connecting screen..

 
  #1018 (permalink)
Elite Member
Des Moines, Iowa
 
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cjbooth View Post
It appears the AnyMeeting server is down, They do have scheduled maintenance for today but it was suppose to not be until late tonight. Check again later or on Saturday and contact me if the video still fails to load

Charles

sweet, will do charles. have a rum n coke or two!

 
  #1019 (permalink)
Trading for Profit
aurora,il
 
Futures Experience: Intermediate
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Favorite Futures: currency futures 6E
 
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madLyfe View Post
sweet, will do charles. have a rum n coke or two!

I have determined that the recording I posted was bad and have deleted the post containing it. I will create a new one over the weekend and repost it

Sorry for the temporary aggravation

Charles

The following user says Thank You to cjbooth for this post:
 
  #1020 (permalink)
Trading for Profit
aurora,il
 
Futures Experience: Intermediate
Platform: ninja
Broker/Data: AMP, zen-fire
Favorite Futures: currency futures 6E
 
Posts: 319 since Aug 2009
Thanks: 134 given, 1,390 received

New Trading manual


traders,

I have produced an updated manual which explains the rules for my trading method in much better detail than the previous manual.

This manual is for your use only in order for you to gain a better understanding of my method

Any use of this manual for any reason other than your training benefit which includes reproduction or distribution in any way is strictly prohibited

Any trader who would like to join my free trading room to see these trade patterns set up on the right edge needs to send me an email at boothcj@comcast.net requesting access

My 6E trading strategy-trade-setup-rules.pdf

Charles


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