Avoid being whipsawed on the entry candle. - futures io
futures io futures trading



Avoid being whipsawed on the entry candle.


Discussion in NinjaTrader

Updated
    1. trending_up 2,870 views
    2. thumb_up 2 thanks given
    3. group 3 followers
    1. forum 1 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Avoid being whipsawed on the entry candle.

(login for full post details)
  #1 (permalink)
Garner, NC/USA
 
 
Posts: 33 since Dec 2009
Thanks: 16 given, 37 received

Remember how sometimes you write a strategy, especially an always-in-market (i.e., stop and reverse) strategy, and then when you backtest or try to optimize it, you end up with a whole bunch of trades that entered and exited on the same bar, at the same price, at the same time, chewing up commission costs to no purpose, and messing up your results?

I just posted an example strategy that shows how to ensure that an entry in the market stays in for at least one bar before it can trigger a stoploss. I used the SampleMACrossOver as the basis for the strategy as I wanted to post a working strategy rather than just a shell.

I must state that I do not have much faith in the MovingAverageCrossOver as a trading strategy, so even though when optimized, (as in the picture that accompanies the strategy), it shows a profit, remember that backtesting is different from live trading. That means one needs to think very carefully before turning such a strategy live on a real account. I used it ONLY as a working example, not a strategy to actually trade with.

Here is the link:

Reply With Quote
The following 2 users say Thank You to koganam for this post:

Journal Challenge February 2021 results:
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(173 thanks from 31 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(120 thanks from 33 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(35 thanks from 17 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
 
 
(login for full post details)
  #2 (permalink)
Garner, NC/USA
 
 
Posts: 33 since Dec 2009
Thanks: 16 given, 37 received

That solves what?

I do not quite understand your question.


kostas View Post
Is there any indicator out there that solves this ?


Reply With Quote


futures io Trading Community Platforms and Indicators NinjaTrader > Avoid being whipsawed on the entry candle.


Last Updated on January 5, 2010


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Call Option Buying: The New Pain Trade? w/Carley Garner

Elite only
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

New Challenge (TBD)

April
     



Copyright © 2021 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