NexusFi: Find Your Edge


Home Menu

 





ES swing statistics


Discussion in Emini and Emicro Index

Updated
    1. trending_up 1,934 views
    2. thumb_up 1 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

ES swing statistics

  #1 (permalink)
 marketvoyager 
Florida
 
Experience: Beginner
Platform: NinjaTrader
Trading: ES
Posts: 110 since Sep 2014
Thanks Given: 60
Thanks Received: 20

I am interested in learning about swing statistics for the ES. I would like to find out what are the range values for each swing on a five minute chart for every day for a year or more, then the averages weekly. I think a good filter would be to smooth the swing values to a 10-12%, so for example if one finds there are x amounts of swings in a year between 4.8 and 5.30, then make an average in that 10-12% range of variation, then get an average for that and how many times is happened, then from there one could analyze the averages for weekly or monthly periods.

I found some numbers in a book when the ES was around 1,500 for the average swings. I have 5.4, 6.85, 8.7, 10.8, 16.2, and 21.6 points. I want to know if this is still relevant and if the averages have changed. I think that finding these statistics could give some perspective in terms of the average risk/reward to take for a given swing based on certain patterns. Maybe then from there one could work on a indicator to sort these swing values on a real time basis. I am not suggesting that there is an edge in this thou.

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Are there any eval firms that allow you to sink to your …
Traders Hideout
Futures True Range Report
The Elite Circle
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
Battlestations: Show us your trading desks!
18 thanks
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,537


Use the main thread for discussing or gathering statistics, it has already been done:



For a lagging indicator, use ZigZag or its many variations including PriceActionSwing if you are on NT:



Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on November 1, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts