PriceActionSwing discussion - NinjaTrader | futures io social day trading
futures io futures trading


PriceActionSwing discussion
Updated: Views / Replies:457,879 / 1,538
Created: by dorschden Attachments:490

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
 490  
 
Thread Tools Search this Thread
 

PriceActionSwing discussion

  #1121 (permalink)
Elite Member
Peterborough United Kingdom
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: Oil
 
Posts: 4 since Jun 2012
Thanks: 1 given, 2 received

Colin 45

Hi Bruce,

Really appreciate your help...that was the way I had been trying to do but it just didn't seem to work. I then closed Ninja down and restarted and low and behold it was there....

Once again, thanks

Colin

Reply With Quote
The following user says Thank You to Colin45 for this post:
 
  #1122 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received

I have been trying to add in a minimum swing length but have not had any success. Does anyone know how to add that in?
Thanks, Gregg

Reply With Quote
 
  #1123 (permalink)
Elite Member
Queensland, Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Interactive Brokers
Favorite Futures: SPI,currency futures,emini's
 
Posts: 35 since Sep 2009
Thanks: 138 given, 44 received


Hello Gregg,

I think this is what you are referring to !!

Aregon

Attached Thumbnails
PriceActionSwing discussion-priceactionswingpro-swing-length.png  
Reply With Quote
The following 2 users say Thank You to Aregon for this post:
 
  #1124 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received


Aregon View Post
Hello Gregg,

I think this is what you are referring to !!

Aregon

In the Ninja indicator ZIGZAG there is a minimum deviation value that can be specified. This value is used to ignore small areas of balance and keep focus on the larger swing.

In this example there is a swing down from 65.79 to 65.40 with a 10 tick pullback. With a minimum deviation variable set to 11 ticks, the swing would be one continuous swing ignoring the 10 tick pullback. This needs to be done using the same strength setting so it would not work for me to use two charts with different strengths.

Any ideas how I can use a minimum deviation value to ignore the insignificant swings in a similar way that the ZIGZAG indicator does? The PAS indicator has gone so far past the ZIGZAG indicator but this one feature of ZIGZAG is very useful and I hope we can implement it here.

Attached Thumbnails
PriceActionSwing discussion-zigzag.jpg   PriceActionSwing discussion-example.jpg  
Reply With Quote
The following user says Thank You to spikebuck77 for this post:
 
  #1125 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,326 since Aug 2009
Thanks: 4,569 given, 10,291 received


spikebuck77 View Post
In the Ninja indicator ZIGZAG there is a minimum deviation value that can be specified. This value is used to ignore small areas of balance and keep focus on the larger swing.

In this example there is a swing down from 65.79 to 65.40 with a 10 tick pullback. With a minimum deviation variable set to 11 ticks, the swing would be one continuous swing ignoring the 10 tick pullback. This needs to be done using the same strength setting so it would not work for me to use two charts with different strengths.

Any ideas how I can use a minimum deviation value to ignore the insignificant swings in a similar way that the ZIGZAG indicator does? The PAS indicator has gone so far past the ZIGZAG indicator but this one feature of ZIGZAG is very useful and I hope we can implement it here.

not sure exactly what you mean. there should be no problem for the pas indicator to replicate the zig zag indicator. blue line is zig zag with your settings (points, 0.5, false), and that matches perfectly the pas (labeled and dots):

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 3 users say Thank You to Silvester17 for this post:
 
  #1126 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received


Silvester17 View Post
not sure exactly what you mean. there should be no problem for the pas indicator to replicate the zig zag indicator. blue line is zig zag with your settings (points, 0.5, false), and that matches perfectly the pas (labeled and dots):

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

In this example the PAS is showing the swings with the dots and price/ticks. The zigzag is using the white lines. When the minimum deviation is set to .16 in zigzag, the 15 tick swing that is shown is ignored and the zigzag shows it as 1 large swing. The same thing can be done using the IRT charting package.

Attached Thumbnails
PriceActionSwing discussion-zigzag2.jpg   PriceActionSwing discussion-newexample.jpg  

Last edited by spikebuck77; December 8th, 2014 at 10:45 AM.
Reply With Quote
 
  #1127 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,326 since Aug 2009
Thanks: 4,569 given, 10,291 received


spikebuck77 View Post
In this example the PAS is showing the swings with the dots and price/ticks. The zigzag is using the white lines. When the minimum deviation is set to .16 in zigzag, the 15 tick swing that is shown is ignored and the zigzag shows it as 1 large swing. The same thing can be done using the IRT charting package.

and the same thing can be done with the pas:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


maybe I still don't understand what you're trying to say. every swing indicator needs a "minimum". after that "minimum" is reached, a potential swing high/low is possible. but NOT before.

Reply With Quote
The following 3 users say Thank You to Silvester17 for this post:
 
  #1128 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received


Silvester17 View Post
and the same thing can be done with the pas:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


maybe I still don't understand what you're trying to say. every swing indicator needs a "minimum". after that "minimum" is reached, a potential swing high/low is possible. but NOT before.

Thanks for trying to help.

Reply With Quote
 
  #1129 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,326 since Aug 2009
Thanks: 4,569 given, 10,291 received

maybe a little example will clear up a few misunderstandings. I'm using a swing size of 8 ticks. that means as soon as the market moves 8 ticks from the last swing high/low, a new swing high/low will be shown.

example:

a new swing high (HH) is made at 2075.75. if the market would move up to 2077, this HH will also be moved to 2077 (btw that has nothing to do with repainting. that's called adjusting the current swing). if the market would move down, it needs to go at least (minimum) 8 ticks for a new swing low. that would be 2073.75

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


now the market moved down 7 ticks. nothing happened yet. remember we need to go at least 8 ticks lower for a new swing low

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


now the market moved finally down 8 ticks. that means a new swing low (HL) will be drawn

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


the market continues to go lower. the new HL will be adjusted

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


after reaching a new swing low of 2072.75, the market starts to move up again. no new swing high will be shown until we move at least 8 ticks from the last swing low. that would be 2074.75. if we would go to 2074.50, nothing would happen. we still would only see the swing low of 2072.75. and if we don't reach 2074.75 and instead start moving lower again, lets say to 2071, then the last swing low from 2072.75 will be moved to 2071. but in our example the market moved up to 2074.75 and therefore we made a new sing high (LH). and now the same game starts over again

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


those are the very basic functions of this great indicator.


edit:

also worth mentioning is that new feature in pas pro. it's called swing switch. if enabled, it will draw a triangle on the chart, meaning a new swing has been established. this feature will not get adjusted/moved. so you can always see where exactly the swing change occurred

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by Silvester17; December 8th, 2014 at 10:20 PM.
Reply With Quote
The following 11 users say Thank You to Silvester17 for this post:
 
  #1130 (permalink)
Elite Member
Queensland, Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Interactive Brokers
Favorite Futures: SPI,currency futures,emini's
 
Posts: 35 since Sep 2009
Thanks: 138 given, 44 received


Would it be possible to add a Tick Editor to PriceActionSwingPro so the Swing Size could be altered directly from the chart ??
Any help would be greatly appreciated !!

Thanks,
Aregon

Attached Thumbnails
PriceActionSwing discussion-price-action-swingpro-tick-editor.png  
Reply With Quote
The following user says Thank You to Aregon for this post:

Reply



futures io > > > > PriceActionSwing discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Introducing daytradr by Jigsaw, new stand-alone platform

Oct 19
 

RandBots: AutoTrading Bots to diversify your trading

Oct 24
 

TopstepTrader: Profiting Without Risking Your Own Money

Oct 26

Building Open Source Indicators for NT8 w/Fat Tails @ Lizard Indicators

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Murray Math Discussion? jwhtrades Traders Hideout 5 July 27th, 2011 09:06 PM
Looking for general discussion thread. jctrader Traders Hideout 2 May 2nd, 2011 02:23 PM
PriceActionSwing jeff92887 NinjaTrader 2 March 1st, 2011 06:15 AM


All times are GMT -4. The time now is 09:00 AM.

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 2017-10-19 in 0.08 seconds with 19 queries on phoenix via your IP 54.196.33.246