Finding Poolbacks with Indicators - NinjaTrader Programming | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Platforms and Indicators > NinjaTrader > NinjaTrader Programming

Finding Poolbacks with Indicators
Started:October 28th, 2015 (06:45 AM) by Shinkarev Views / Replies:166 / 2
Last Reply:October 28th, 2015 (12:28 PM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Finding Poolbacks with Indicators

Old October 28th, 2015, 06:45 AM   #1 (permalink)
Trading Apprentice
Sumy 40030
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: GC, CCL
Posts: 2 since Jun 2015
Thanks: 0 given, 0 received

Finding Poolbacks with Indicators

Hello to all!
I'm writing very interesting automated system which will "think" and automatically change own parameters, depends on current market.
I'm using own methodic to find trends and it works very good. But today I want to talk about entry points.
After changing trend I want to find a first pullback, but still can't understand how to find it with any indicator. Want to know your opinions and experience.
For now I tried:
Bollinger - very bad thing cause Bands are always going up down and giving enters only when market going flat.
MAEnvelopes - exactly the same thing as Bollinger - having very bad enters.

One of the coolest thing I did - using Bill Williams fractals, but there are problem with "repainting" and slippage of 3 bars - fractals are calculating too long and Enter will be in 3 bars far from the bar on which fractal are painting. This is the best idea I have and maybe somebody can help me to resolve it?

The next things I still didn't try (but maybe you have experience in it):
Using ZigZag to find pullback
Using ATR to calculate volatility and put limit order upper/lower of the bar
Using WilliamsR to find pullback

If somebody will be interesting in finding trend methodics I will be happy to help!

Reply With Quote

Old October 28th, 2015, 06:45 AM   #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.


Old October 28th, 2015, 12:28 PM   #3 (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: 45,428 since Jun 2009
Thanks: 28,836 given, 79,549 received

Your approach is overly simplistic and won't work, afraid to say.

If you end up getting Elite Membership at some point, you can check the threads on Neural Networks, Support Vector Machines, Artificial Bee Colonies, and Machine Learning to get you started down the right path.


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.
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 Trading, News, Charts and Platforms > Platforms and Indicators > NinjaTrader > NinjaTrader Programming > Finding Poolbacks with Indicators

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

Corey Rosenbloom: Tips, Tactics, and Real Trades: Trading Intraday Trend Reversals

Elite only

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Finding the right stocks sterling729 Stocks and ETFs Trading 4 November 10th, 2014 06:43 PM
Finding (ZSharkTrendStochChop2) blkreign69 Traders Hideout 4 December 10th, 2011 03:53 AM
Help in finding proper Forum cap01 Traders Hideout 4 November 4th, 2011 11:05 AM
Finding your edge! George Psychology and Money Management 2 September 22nd, 2010 06:49 PM
Finding Music websouth Off-Topic 6 November 29th, 2009 04:22 PM

All times are GMT -4. The time now is 09:18 AM.

Copyright © 2016 by 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 2016-10-21 in 0.07 seconds with 19 queries on phoenix via your IP