Can this be made to an Indicator(HOLY GRAIL) - NinjaTrader Programming | futures io social day trading
futures io futures trading

Can this be made to an Indicator(HOLY GRAIL)
Updated: Views / Replies:2,207 / 2
Created: by bugsbunny 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 100,000 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

Thread Tools Search this Thread

Can this be made to an Indicator(HOLY GRAIL)

  #1 (permalink)
Membership Temporarily Revoked
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP
Favorite Futures: TF
bugsbunny's Avatar
Posts: 973 since May 2010
Thanks: 1,108 given, 460 received

Can this be made to an Indicator(HOLY GRAIL)

“The 10 Commandments of Discipline”
1. Thou Shalt Not Chase a Move. If you missed the best risk/reward entry, just let the trade
go. Never chase the market.
Thou Shalt Not Trade in Choppy Markets. Trading is not a zero sum game. You lose
money on every trade on both the bid/ask slippage and commissions/fees. Without clear
directional momentum on your side you do not have an “edge” and without an edge you
will not have a profit!
Never trade when the 50 MA is flat!

3. Thou Shalt Not Trade “Kamikazes! (shorting Higher Highs or buying Lower Lows).” These
can look SO good, but because momentum is against you it’s like trying to push a Sumo
wrestler out of the ring.
4. Thou Shalt Not Trade Too Many Contracts for your Account Size. If you lose more money
than you are comfortable with, then you will trade badly. Everyone, even the best traders,
go through periods of days, weeks, and occasionally even entire months of losses. You
need to keep your losses per trade and per day small enough that you can financially
survive a major losing streak without having to refund your account.
5. Thou Shalt Not Trade for the “Action.” Trading is a business, not an extreme sport! Like
any good businessperson, your primary objective is to increase your bottom line.
6. Thou Shalt Guard Your Capital; it is your lifeblood. Without it you can’t trade.
7. Thou Shalt Never Try to Recover Losses. When you have a losing trade, that money is
gone and the trade is done. Trying to get the money back by bending your rules will only
result in more losses. Remember, your rules are what make you money. They’re what is
proven to give you the high-probability trades.
8. Thou Shalt Not Worry About “Missing the Boat.” Your goal is not to catch every move, in
fact you won’t and no one does. Your ONLY objective is to trade your rules, and take the
money the market will give you each week according to those rules. Even though we talk
about “trading the market, in the strictest sense you cannot trade the market, you can
only trade your rules.
9. Thou Shalt Not Place Your Stops Too Close. If you are doing this it’s an excellent
indication that you are not in the right frame of mind for trading and you should not be
trading right now. You can’t trade scared. Stops should be placed where the pattern you
are trading would be broken, and no closer. You must give the market room to wiggle. It
doesn’t move in a straight line. Allow for the bids/asks of individuals to move the market
around messily within your trading setup.
10. Thou Shalt Not Take Profits Too Soon. It’s nearly impossible to make money based on
win/loss ratios alone. Scalping is for the true pros, mostly the floor traders. Your money
will be made by having a respectable win/loss ratio (in the area of 40%-60%) and having
your winning trades be larger than your losing trades. Be patient with the trends and let
them ring up big money for you.

Reply With Quote
The following 3 users say Thank You to bugsbunny 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)
Elite Member
Lubbock TX
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Stage 5 Trading
Favorite Futures: CL
MWinfrey's Avatar
Posts: 1,879 since Jul 2009
Thanks: 1,449 given, 3,310 received

sure I'll have it done by noon. I will add a little helper that violation of any one of these commandments will cause a sledge hammer to come out of your monitor and strike a convincing blow to the forehead and post a report of the violation to (formerly BMT).

Reply With Quote
The following 4 users say Thank You to MWinfrey for this post:


futures io > > > > > Can this be made to an Indicator(HOLY GRAIL)

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

July Journal Challenge - $500 in Amazon Gift Cards!


AXESS Trader: Powerful Cloud Based Trading Platform w/GFF Brokers

Jul 17

TBA: FuturesTrader71 w/Morad Askar

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
Wizards Den (Holy Grail II) TheWizard The Elite Circle 1489 October 10th, 2017 04:17 AM
Sim Trading and the Holy Grail tigertrader Traders Hideout 8 January 14th, 2015 07:32 AM
Holy Grail TheWizard Traders Hideout 585 January 3rd, 2015 10:38 AM
Holy Grail Compilation Error HartRend NinjaTrader Programming 3 February 15th, 2011 02:35 PM
I've found the Holy Grail indicator! shodson Traders Hideout 2 February 12th, 2011 06:21 PM

All times are GMT -4. The time now is 01:15 AM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
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 2018-07-17 in 0.11 seconds with 14 queries on phoenix