DevStop indicator need to be fixed - NinjaTrader Programming | futures io social day trading
futures io futures trading


DevStop indicator need to be fixed
Updated: Views / Replies:11,653 / 35
Created: by Pazan Attachments:13

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 13  
 
Thread Tools Search this Thread
 

DevStop indicator need to be fixed

  #31 (permalink)
Elite Member
Portland Oregon, United States
 
Futures Experience: Beginner
Platform: Ninjatrader®
Broker/Data: CQG, Kinetick
Favorite Futures: Gameplay Klownbine® Trading of Globex
 
Zondor's Avatar
 
Posts: 1,327 since Jul 2009
Thanks: 1,246 given, 2,635 received

How would this be done...


Quoting 
The weakness of the indicator is the trendfilter that it uses.

Now, if there a way to use multiple time frames in the determination of the trend filter....

Reply With Quote
 
  #32 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,597 received
Forum Reputation: Legendary


Zondor View Post
Now, if there a way to use multiple time frames in the determination of the trend filter....

The question is what type of trendfilter is to be used, momentum based or short term volatility. The SuperTrend uses short term volatility (a close below the stop line), the BrainTrend uses the Stochastics, the Parabolic Stop has an acceleration factor, which also incorporates a time element. The DevStop currently uses momentum, as the underlying trend filter is a moving average.

The weakness of using a moving average is that it is not related to the fact whether the bands are hit or not. By definition you would stay in a trade until your stop is hit, so the trendfilter should not turn red, while you are still in a long trade. If it does turn red, you should use that information to exit the trade, that is prior to your stop being hit, which is a contradiction.

The next question is, whether to use a stop-and-reverse concept. As it is my conviction that the DevStop should not be used to enter trades but to exit them based on volatility, there is no argument against the stop-and-reverse approach. That means that it will possibly best work combined with a trend filter based on volatility, if need modulated as the BrainTrend.

Reply With Quote
 
  #33 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received



Fat Tails View Post
I understand, if Cynthia Kase does not want if we use her name, that is "Kase".

The request to me was specifically over the use of "Kase".

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #34 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,597 received
Forum Reputation: Legendary


Big Mike View Post
The request to me was specifically over the use of "Kase".

Mike

That makes sense and is legitimate in my opinion. We should not attach her name to our indicators.

Reply With Quote
 
  #35 (permalink)
Elite Member
Portland Oregon, United States
 
Futures Experience: Beginner
Platform: Ninjatrader®
Broker/Data: CQG, Kinetick
Favorite Futures: Gameplay Klownbine® Trading of Globex
 
Zondor's Avatar
 
Posts: 1,327 since Jul 2009
Thanks: 1,246 given, 2,635 received

Operation Completed


Quoting 
The request to me was specifically over the use of "Kase".

Mike

All instances of her name have been removed from the DevStop C# script posted in the Downloads section.

Reply With Quote
The following 2 users say Thank You to Zondor for this post:
 
  #36 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received


Zondor View Post
All instances of her name have been removed from the DevStop C# script posted in the Downloads section.

Thanks. Same needs to be done to the Kase Bars if you want to tackle.

https://futures.io/traders-hideout/4510-video-interview-kase-bars.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote

Reply



futures io > > > > > DevStop indicator need to be fixed

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Rithmic data service down ? Is it fixed ? MetalTrade Reviews of Brokers and Data Feeds 3 September 22nd, 2011 12:38 PM
Fixed Fractional Money Management geezer NinjaTrader Programming 3 July 17th, 2011 11:50 AM
Placing a floor using fixed trailing stop RM99 EasyLanguage Programming 2 July 13th, 2011 01:13 AM
Pyratool or Fixed Angle Trendline for NinjaTrader Bengaltiger Traders Hideout 5 December 23rd, 2010 09:39 AM
Fixed position for text on a chart Henrik EasyLanguage Programming 6 August 8th, 2010 03:19 PM


All times are GMT -4. The time now is 10:31 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-10 in 0.09 seconds with 20 queries on phoenix via your IP 54.221.73.186