NinjaTrader 7 Strategies - Strategy I
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Strategy I 4 *
I came up with this trading idea and a programmer did the coding for me. After some optimization, the results look decent. But in real time it could be a different story. Please do not risk your real $. I repeat, please do not risk your real money.

Basically, the strategy will buy on dips within an uptrend, and sell on rallies on a downtrend. For example, if there is an uptrend (as indicated in the Fisher Transform plot in a 9-range bar chart), then looking at the 4-range bar chart, if the price touches lower Bollinger band and turns green, buy close + 1 tick stop limit. To go short, look for a red 4-range bar touching upper Bollinger band with 9-bar Fisher transform in a downtrend. Stop loss order, target, daily maximum loss and break-even stop are all here and are optimizable.

On the parameter screen, 'stop' is initial stoploss order, 'MoveStopAfterMove' is the amount of unrealized profit to show in the current trade before the break-even stop kicks in. 'StopAfterMove' is its 'offset', I set it at 0, so it becomes a break-even stop. The rest of the parameters should be self explanatory.

So far my back testing shows quite good results daytrading 6E, ES, CL and ZS. Please send me a message and let me know what you think.


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February 8th, 2011
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