trailing stop following indicator - NinjaTrader Programming | futures io social day trading
futures io futures trading


trailing stop following indicator
Updated: Views / Replies:1,376 / 10
Created: by mgregor Attachments:0

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 Ė 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 donít 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
 
Thread Tools Search this Thread
 

trailing stop following indicator

  #1 (permalink)
Elite Member
Aldie virginia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
mgregor's Avatar
 
Posts: 45 since Apr 2015
Thanks: 22 given, 31 received

trailing stop following indicator

Is there a way while doing discretionary trading to setup an ATM that will follow an indicator? I know I can do it if I am using a strategy but I want to manually enter my trade and then let the ATM handle my exits. I think NT 8 will do this when it comes out but is there a way with NT 7? Thanks.

Reply With Quote
The following user says Thank You to mgregor for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Market Wizard
New Orleans, La (Mardi Gras City)
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Ninjatrader / Optimus Futures / AmpFutures
Favorite Futures: ES / 6E / 6B / CL
 
DavidHP's Avatar
 
Posts: 1,004 since Aug 2009
Thanks: 803 given, 1,368 received



mgregor View Post
Is there a way while doing discretionary trading to setup an ATM that will follow an indicator? I know I can do it if I am using a strategy but I want to manually enter my trade and then let the ATM handle my exits. I think NT 8 will do this when it comes out but is there a way with NT 7? Thanks.

@mgregor I'm not sure what you mean by 'follow'.

If you mean enter a trade and exit a trade when an indicator triggers, then yes that is possible.

You can create a strategy that has conditions that enter and exit trades with signals from the indicator.
You will need to use the ATM enter and exit coding.
Ninjatrader has a sample strategy to show how to create the ATM strategy, you will need to set the parameters for your indicator.

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !

Last edited by DavidHP; August 19th, 2015 at 09:47 PM.
Reply With Quote
 
  #4 (permalink)
Elite Member
Aldie virginia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
mgregor's Avatar
 
Posts: 45 since Apr 2015
Thanks: 22 given, 31 received


DavidHP View Post
@mgregor I'm not sure what you mean by 'follow'.

If you mean enter a trade and exit a trade when an indicator triggers, then yes that is possible.

You can create a strategy that has conditions that enter and exit trades with signals from the indicator.
You will need to use the ATM enter and exit coding.
Ninjatrader has a sample strategy to show how to create the ATM strategy, you will need to set the parameters for your indicator.


David;
Thanks for the response. I know I can do everything (entries and exits) from within a strategy. But, right now I want to manually enter a trade via chart trader (discretionary) and use ATM to exit the trade. As part of the ATM I want a trailing stop to stop me out when price crosses over an indicator (e.g. ATR Trailing Stop). Is it possible to have a strategy that only handles exits where entries are done via the chart trader?

Reply With Quote
 
  #5 (permalink)
Market Wizard
New Orleans, La (Mardi Gras City)
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Ninjatrader / Optimus Futures / AmpFutures
Favorite Futures: ES / 6E / 6B / CL
 
DavidHP's Avatar
 
Posts: 1,004 since Aug 2009
Thanks: 803 given, 1,368 received


mgregor View Post
David;
Thanks for the response. I know I can do everything (entries and exits) from within a strategy. But, right now I want to manually enter a trade via chart trader (discretionary) and use ATM to exit the trade. As part of the ATM I want a trailing stop to stop me out when price crosses over an indicator (e.g. ATR Trailing Stop). Is it possible to have a strategy that only handles exits where entries are done via the chart trader?

After your ATM Strategy is active and running trades must be initiated by the strategy.
That allows the ATM Strategy to 'control' the trade.

You can manually move the stops and targets and even Add other targets and stops.
ATM can be manually traded using the Static or SuperDom or ChartTrader but you will need to select the ATM Strategy in the drop-down "ATM Strategy" and it will need to be the one in your coded strategy.

One caution... DON'T CLOSE a trade with the Chart Trader or the DOM. This will cause the strategy to be disabled and not take any more trades.

If you are unsure about this, you should probably just allow the strategy to trade for you. It is possible to confuse things and enter/exit trades at times that create issues. i.e. overfill or reverse when you meant to exit.

Trading this way assumes you are a better trader than the strategy you have programmed...
If that is true, trade it manually.

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Reply With Quote
 
  #6 (permalink)
Elite Member
Aldie virginia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
mgregor's Avatar
 
Posts: 45 since Apr 2015
Thanks: 22 given, 31 received


DavidHP View Post
After your ATM Strategy is active and running trades must be initiated by the strategy.
That allows the ATM Strategy to 'control' the trade.

You can manually move the stops and targets and even Add other targets and stops.
ATM can be manually traded using the Static or SuperDom or ChartTrader but you will need to select the ATM Strategy in the drop-down "ATM Strategy" and it will need to be the one in your coded strategy.

One caution... DON'T CLOSE a trade with the Chart Trader or the DOM. This will cause the strategy to be disabled and not take any more trades.

If you are unsure about this, you should probably just allow the strategy to trade for you. It is possible to confuse things and enter/exit trades at times that create issues. i.e. overfill or reverse when you meant to exit.

Trading this way assumes you are a better trader than the strategy you have programmed...
If that is true, trade it manually.


Thanks again David. I figured what you said was the case but didn't know if I had missed something. In my case right now, I know when I want to get out of a trade, but the rules for entry haven't been finalized yet to where I can code them. Also in addition to an entry signal, I want to look at what price action is doing at the moment before I make a decision to enter. Some very fuzzy logic going on and I need to clear the cobwebs before I code entry signals.

Reply With Quote
 
  #7 (permalink)
Trading Apprentice
Boston, Massachusetts
 
Futures Experience: Advanced
Platform: Ninjatrader,Tradestation
Favorite Futures: Oil
 
Posts: 7 since Mar 2013
Thanks: 1 given, 1 received

Manual Order - Automated Stop management

mgregor,

This is exactly what I have been trying on and off to do for some time.

1) Manually enter order long or short
2) Have Programmed Strategy take over from there.

I understand for the strategy to take over it must know the Order ID. So the strategy must initiate the order for it to have the ID. So my question for the more advanced programmers out there is Can the following be done ?

From the Strategy initiate Two message boxes ( Maybe it requires Two Strategies ), One with a button for long and one with a button for short. If the strategy gets a long message you cancel both boxes and initiate a Market order Long and vice versa.
Then it has what it needs to proceed.

So is there a way to do something like this. If so, I think its what we are both looking for.

Thanks

~J

Reply With Quote
 
  #8 (permalink)
Market Wizard
New Orleans, La (Mardi Gras City)
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Ninjatrader / Optimus Futures / AmpFutures
Favorite Futures: ES / 6E / 6B / CL
 
DavidHP's Avatar
 
Posts: 1,004 since Aug 2009
Thanks: 803 given, 1,368 received


Wazoo View Post
So is there a way to do something like this. If so, I think its what we are both looking for.

Thanks

~J

C# is limited mostly by your imagination and your money.
But some things should not be programmed.

I don't see the need to have a manual entry when a strategy can do it much better with no hesitation or waiting for more confirmation.

It sounds like you don't have a concrete method for entry and therefore need to enter the trade manually on your 'feelings' rather than on strictly defined rules. If that is true, no amount of programming will make a successful system.

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Reply With Quote
 
  #9 (permalink)
Trading Apprentice
Boston, Massachusetts
 
Futures Experience: Advanced
Platform: Ninjatrader,Tradestation
Favorite Futures: Oil
 
Posts: 7 since Mar 2013
Thanks: 1 given, 1 received


DavidHP View Post
C# is limited mostly by your imagination and your money.
But some things should not be programmed.

I don't see the need to have a manual entry when a strategy can do it much better with no hesitation or waiting for more confirmation.

It sounds like you don't have a concrete method for entry and therefore need to enter the trade manually on your 'feelings' rather than on strictly defined rules. If that is true, no amount of programming will make a successful system.

********************


Respectfully, I didn't ask whether anyone saw the need, or to discuss your problems with hesitation and confirmation nor did I ask for critical comments about what it "sounds like" I may be doing or reasons for doing so. I put forth a very simple Question to which on this forum , I did not receive an answer. I did however get much more than I asked for elsewhere.

I had always pondered whether to sign up as an elite member but based on these kinds of replies I am an convinced.

***NOT***

If you couldn't help then there was no need to respond.

Reply With Quote
 
  #10 (permalink)
Elite Member
Austin TX
 
Futures Experience: Intermediate
Platform: SaintGobain Crystal Ball
Favorite Futures: 6E
 
Posts: 80 since Oct 2010
Thanks: 102 given, 129 received



Wazoo View Post
********************


Respectfully, I didn't ask whether anyone saw the need, or to discuss your problems with hesitation and confirmation nor did I ask for critical comments about what it "sounds like" I may be doing or reasons for doing so. I put forth a very simple Question to which on this forum , I did not receive an answer. I did however get much more than I asked for elsewhere.

I had always pondered whether to sign up as an elite member but based on these kinds of replies I am an convinced.

***NOT***

If you couldn't help then there was no need to respond.

IMHO the only respectful thing in your reply was the word "Respectfully".

Why don't you post your request in the https://futures.io/elite-circle/1261-want-your-ninjatrader-indicator-created-free.html thread? Many good and helpful people there. Just a thought...

JB

Reply With Quote
The following user says Thank You to Jaba for this post:

Reply



futures io > > > > > trailing stop following indicator

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Fee's For Stop Loss / Trailing Stop rkersh409 Reviews of Brokers and Data Feeds 3 May 29th, 2014 05:15 PM
Ninjatrader strategy for Trailing Stop and stop loss. skann NinjaTrader 2 August 20th, 2013 08:34 PM
Trailing stop indicator Buscador The Elite Circle 3 November 15th, 2012 01:57 PM
Trailing stop following an indicator nanobiotech NinjaTrader Programming 9 October 3rd, 2011 10:50 AM
Your favourite NT indicator for use as a trailing stop nanobiotech NinjaTrader Programming 3 April 17th, 2011 08:57 PM


All times are GMT -4. The time now is 03:59 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 2017-12-17 in 0.14 seconds with 19 queries on phoenix via your IP 107.20.115.174