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Help needed to convert my system to Nt7...!


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Help needed to convert my system to Nt7...!

  #71 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
Experience: None
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Broker: CQG, AMP, MB, DTN
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Just showing some more data, same chart and instrument, just a few more spans.

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Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Trade idea based off three indicators.
Traders Hideout
How to apply profiles
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Cheap historycal L1 data for stocks
Stocks and ETFs
 
  #72 (permalink)
linkon7
India
 
Posts: 73 since Sep 2010
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[img]http://s3.postimage.org/j9nufu715/image.png[/img]
free image hosting

Directional Movement Indicator

refer to this...!

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  #73 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
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Platform: Ninja, MT4, Matlab
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So I need to know if the conditions are the ones you want, or if you want to use something else? In the pictures with the dots, you can see which phase we are in according to the conditions you spelled out. Is this what you want to use, if so, what about those conditions where the phases overlap? I.e. when it shows sideways AND one of the other phases? Meaning, if it shows sideways AND some other phase, do we assume the phase is really sideways? This seems most logical to me.

Or do you want to use some other condition?

Again the calculations used to determine trend where the following:

Quoting 
strong up / down trend is when EITHER of the 3 conditions is filled.
cond 1 :macd (34,89) above 0 and is higher than previous value....
cond2 : e89 is below accl lower band...
cond3 : close > accl band high


weak uptrend is when
e89 is inside bb20,2 and e89 is inside accl band and e34 is inside bb20,2 and e34 is inside accl band
and
macd(34,89 ) is above 0 and lower than that its previous values.(for weak uptrend)

for sideways...
we need 2 conditions filled i.e.

bb20,3 inside accl band :: means the 95% of trading range (BB20,3) price is not showing acceleration in any direction.
and
e89 inside BB20,2 and e89 is inside accl ban


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  #74 (permalink)
 
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 forrestang 
Chicago IL
 
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Here are a few plots giving PRIORITY to sideways trend, and considering trend sideways and ANY other trend condition are simultaneously present.

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  #75 (permalink)
linkon7
India
 
Posts: 73 since Sep 2010
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I need to go back to the drawing board.

Using higher tf to filter trades on smaller tf sounds very appealing, issue is, we need some better way to demarcate the phase. I have been working on various combinations that work well if it is optimised for a particular instrument for a particular period. But same settings stop working on the same instrument on a different period all together.

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  #76 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
Experience: None
Platform: Ninja, MT4, Matlab
Broker: CQG, AMP, MB, DTN
Trading: E/U, G/U
Posts: 1,329 since Jun 2010
Thanks Given: 354
Thanks Received: 1,047


linkon7 View Post
I need to go back to the drawing board.

Using higher tf to filter trades on smaller tf sounds very appealing, issue is, we need some better way to demarcate the phase. I have been working on various combinations that work well if it is optimised for a particular instrument for a particular period. But same settings stop working on the same instrument on a different period all together.

I think that CCI to generate signals on the smaller TF, in concert with the context from the higher TF trendstate is interesting. Like you said before that smaller TF will keep you out of a lot of potentially good trades. But it also seems to filter out a lot of the bad ones.

Looking at this on various instruments using 10 range for the trading chart and 30 range for the big picture context.

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  #77 (permalink)
dar17
Maharashtra,INDIA
 
Posts: 3 since Aug 2010
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Thank you Linkon,
As aft r a long time , i came across to any theory which is simple and effective , Hats off for linkon , for all explanation and charts.
i have been following you silently on IT .
Thank you

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  #78 (permalink)
dar17
Maharashtra,INDIA
 
Posts: 3 since Aug 2010
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Thanks Received: 1

Hello linkon7,
can you share your AMIBROKER code with me ?
Thank you

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