Formula for current direction of market on large TF for qualifier as entry small TF? - NinjaTrader Programming | futures.io
futures io futures trading


Formula for current direction of market on large TF for qualifier as entry small TF?
Started: by Jayswiss Views / Replies:143 / 2
Last Reply: Attachments:0

Welcome to futures io.

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

Reply
 
Thread Tools Search this Thread
 

Formula for current direction of market on large TF for qualifier as entry small TF?

  #1 (permalink)
Elite Member
San Francisco, CA / USA
 
Futures Experience: Intermediate
Platform: NinjaTrader, TradingView
Favorite Futures: ES, TF, NQ, CL, GC
 
Posts: 29 since Jun 2016
Thanks: 4 given, 3 received

Formula for current direction of market on large TF for qualifier as entry small TF?

For my manual trading, I look at something like a 15min or 1hour timeframe chart and mentally classify it as one of 4 things with a quick glance:

- very bullish
- bullish
- bearish
- very bearish

If the larger trend is "very bullish" then I try not to take short opportunities on a faster timeframe (like 1min or 3min) that present themselves, no matter how tempting.

I want to replicate that concept in ninjascript, but not sure of the most optimal way to go about it.

Any suggestions?

Reply With Quote
 
  #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)
Elite Member
San Francisco, CA / USA
 
Futures Experience: Intermediate
Platform: NinjaTrader, TradingView
Favorite Futures: ES, TF, NQ, CL, GC
 
Posts: 29 since Jun 2016
Thanks: 4 given, 3 received


Or maybe I just need to use an existing indicator (maybe something like AROON?) for this on the larger timeframe....

Reply With Quote

Reply



futures io > > > > > Formula for current direction of market on large TF for qualifier as entry small TF?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Mastering Trading Pysychology w/Brett Steenbarger & Trading Technologies

Elite only

Spring Grains Outlook w/Sean Lusk @ Walsh Trading

Elite only

FIO Video Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

April

Process above all else w/Anthony Crudele @ Futures Radio Show

Elite only

Machine Learning - Quantitative Trading w/Martin Froehler @ Quantiacs

Elite only

Ask Me Anything w/Patrick Rooney @ Trading Technologies

Apr 18

Ask Me Anything w/FuturesTrader71

Apr 19

Machine Learning w/Kris Longmore

Elite only

Market Analysis w/Dave Forss

Apr 25

Introducing iSystems with Stage 5 Trading

Apr 27
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Indicator to group lower TF bars in a higher TF ? podski NinjaTrader 6 October 2nd, 2014 03:12 AM
TF journal (Market Profile trading style) scaffrey1 Elite Trading Journals 16 July 21st, 2014 10:19 PM
Slippage TF with Market Orders TraderMaze Emini Index Futures Trading 5 November 4th, 2013 09:28 AM
TF Settings Bramhall17 Traders Hideout 6 October 6th, 2011 03:55 PM
The TF tderrick Emini Index Futures Trading 3 February 10th, 2011 03:45 PM


All times are GMT -4. The time now is 12:35 PM.

no new posts
Page generated 2017-03-23 in 0.07 seconds with 19 queries on phoenix via your IP 54.161.227.32