Help with Slope - futures io
futures io futures trading



Help with Slope


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one Fibbee with 7 posts (0 thanks)
    2. looks_two Big Mike with 4 posts (2 thanks)
    3. looks_3 Xav1029 with 4 posts (1 thanks)
    4. looks_4 Zeos6 with 1 posts (0 thanks)
    1. trending_up 3,116 views
    2. thumb_up 3 thanks given
    3. group 3 followers
    1. forum 17 posts
    2. attach_file 2 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
 

Help with Slope

(login for full post details)
  #1 (permalink)
Boston, MA. United States
 
Experience: Intermediate
Platform: Ninja
Trading: Futures and Forex
 
Fibbee's Avatar
 
Posts: 156 since Sep 2011
Thanks: 101 given, 154 received

I need help with programming slope via the NT Strategy Wizard.

I would like to use the MASlopeBoxMulti Indicator if possible, but I can not seem to figure out how to do this properly.

All I am trying to do is set it so that when slope is greater or less than X
Do the following.

or even if slope crossing above below a certain numerical value. I suppose that would work as well.

Thank you,

Fibs

Visit my futures io Trade Journal Started this thread Reply With Quote

Journal Challenge February 2021 results (so far):
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(167 thanks from 31 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(116 thanks from 33 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(31 thanks from 17 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
 
 
(login for full post details)
  #2 (permalink)
Boston, MA. United States
 
Experience: Intermediate
Platform: Ninja
Trading: Futures and Forex
 
Fibbee's Avatar
 
Posts: 156 since Sep 2011
Thanks: 101 given, 154 received

Here is a picture of what I mean.

Attached Thumbnails
Click image for larger version

Name:	Slope.JPG
Views:	77
Size:	90.9 KB
ID:	87471  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #3 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,753 since Jun 2009
Thanks: 32,299 given, 97,501 received


Slope is not useful to measure. Charts with dynamic axis that rescale to fit price render slope worthless.

Any attempt to use slope as a signal generator will not work.

See here:


Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #4 (permalink)
Boston, MA. United States
 
Experience: Intermediate
Platform: Ninja
Trading: Futures and Forex
 
Fibbee's Avatar
 
Posts: 156 since Sep 2011
Thanks: 101 given, 154 received

Good to know, Thanks Mike.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
Tampa, FL
 
Experience: Beginner
Platform: NinjaTrader, Sierra Chart
Broker: Mirus Futures/Zen-Fire
Trading: 6E, M6E, 6J
 
Xav1029's Avatar
 
Posts: 1,375 since Dec 2011
Thanks: 1,452 given, 3,369 received

You could use value[0] - value[1] of the MA instead of visual slope. This would give you the true "slope" which is just change in Y / change in X

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #6 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,753 since Jun 2009
Thanks: 32,299 given, 97,501 received


Xav1029 View Post
You could use value[0] - value[1] of the MA instead of visual slope. This would give you the true "slope" which is just change in Y / change in X

aka Momentum

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #7 (permalink)
Boston, MA. United States
 
Experience: Intermediate
Platform: Ninja
Trading: Futures and Forex
 
Fibbee's Avatar
 
Posts: 156 since Sep 2011
Thanks: 101 given, 154 received

I am actually more concerned with speed and swing levels than slope. Unfortunatley I have not been able to find any speed indicators and have struggled with developing my own. I purchased one from a vendor but it is a utility so I am unable to incorporate it into my strategy.

I was hoping to see if there was any value added by using slope, but I had a feeling slope would be worthless in that sense.

If you guys could help me with how to program speed that would really help, or even tell me why that may not work as well.

I posted in the Develop any Indicator Thread a little while ago, seeking help with that as well.

It is all part of the same strategy I am working to develop.

Thanks

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #8 (permalink)
Tampa, FL
 
Experience: Beginner
Platform: NinjaTrader, Sierra Chart
Broker: Mirus Futures/Zen-Fire
Trading: 6E, M6E, 6J
 
Xav1029's Avatar
 
Posts: 1,375 since Dec 2011
Thanks: 1,452 given, 3,369 received


Fibbee View Post
I am actually more concerned with speed and swing levels than slope. Unfortunatley I have not been able to find any speed indicators and have struggled with developing my own. I purchased one from a vendor but it is a utility so I am unable to incorporate it into my strategy.

I was hoping to see if there was any value added by using slope but I had a feeling slope would be worthless in that sense.

If you guys could help me with how to program speed that would really help, or even tell me why that may not work as well.

I posted in the Develop any Indicator Thread a little while ago, seeking help with that as well.

It is all part of the same strategy I am working to develop.

Thanks

Define speed. Because what I just posted is technically velocity, so is "speed" just the absolute value of velocity??

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #9 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,753 since Jun 2009
Thanks: 32,299 given, 97,501 received

Check download section for "Pace of Tape".

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #10 (permalink)
Boston, MA. United States
 
Experience: Intermediate
Platform: Ninja
Trading: Futures and Forex
 
Fibbee's Avatar
 
Posts: 156 since Sep 2011
Thanks: 101 given, 154 received


THANKS MIKE!

That is exactly what I am looking for.

I apologize for looking with my mouth, I went through the downloads but couldn't find it.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #11 (permalink)
Tampa, FL
 
Experience: Beginner
Platform: NinjaTrader, Sierra Chart
Broker: Mirus Futures/Zen-Fire
Trading: 6E, M6E, 6J
 
Xav1029's Avatar
 
Posts: 1,375 since Dec 2011
Thanks: 1,452 given, 3,369 received

If you want the exact "speed" of the MA use the following code:
double mySpeed;
mySpeed = Math.Sqrt((value[0]-value[1])*(value[0]-value[1])+1);

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Xav1029 for this post:
 
(login for full post details)
  #12 (permalink)
Boston, MA. United States
 
Experience: Intermediate
Platform: Ninja
Trading: Futures and Forex
 
Fibbee's Avatar
 
Posts: 156 since Sep 2011
Thanks: 101 given, 154 received

I am more focused with the pace of tape and not the speed of MA.

Not sure if that is one in the same.

Here's a picture of the indicator I purchased. It is similar to the PaceofTape-Paris one.

I need to play with the threshold on Cuparis's indicator so see if I can get it to line up better.

Attached Thumbnails
Click image for larger version

Name:	Tape Speed.JPG
Views:	41
Size:	111.0 KB
ID:	87477  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #13 (permalink)
Tampa, FL
 
Experience: Beginner
Platform: NinjaTrader, Sierra Chart
Broker: Mirus Futures/Zen-Fire
Trading: 6E, M6E, 6J
 
Xav1029's Avatar
 
Posts: 1,375 since Dec 2011
Thanks: 1,452 given, 3,369 received


Fibbee View Post
I am more focused with the pace of tape and not the speed of MA.

Not sure if that is one in the same.

Here's a picture of the indicator I purchased. It is similar to the PaceofTape-Paris one.

I need to play with the threshold on Cuparis's indicator so see if I can get it to line up better.

FYI pace of tape cannot be backtested. You must use market replay to backtest

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #14 (permalink)
Austin, TX
 
Experience: Advanced
Platform: TradeStation, Think or Swim, NinjaTrader
Broker: DTN
Trading: options and stocks
 
elixir's Avatar
 
Posts: 22 since Feb 2012
Thanks: 9 given, 11 received

PicPick screen capture and image editor is an impressive piece of free software for covering most image management needs.

Use the protractor to calc slope


Photo editing
Massive photo editing tools like Photoshop are great, but some find them too heavy and complicated for everyday usage. PicPick is definitely a better choice if what you need is just a simple image editor. With PicPick you can easily perform simple photo editing tasks, including brightness, contrast and color adjustment, grayscale, blur, pixelate and other special effects.


Screen capture
But PicPick isn't just an image editor: it's also a full-featured screen capturing tool with which you can capture the image on your monitor in several ways: full screen, active window, user-defined area and more. Plus, PicPick can work with several documents simultaneously and captures can be triggered with customizable keyboard shortcuts, which makes it even handier.


Other tools
PicPick has a selection of othet tools that you're not going to need every day, but when you do find yourself with a need to, say, pick a specific color on your screen, magnify something, or use a virtual whiteboard to "draw" on your screen. There are 7 of these tools, and although quite niche, they're a nice touch.

Reply With Quote
 
(login for full post details)
  #15 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,753 since Jun 2009
Thanks: 32,299 given, 97,501 received

@elixir you missed the point.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #16 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,855 since Mar 2010
Thanks: 4,238 given, 26,728 received


Fibbee View Post
I am more focused with the pace of tape and not the speed of MA.

Not sure if that is one in the same.

Here's a picture of the indicator I purchased. It is similar to the PaceofTape-Paris one.

I need to play with the threshold on Cuparis's indicator so see if I can get it to line up better.


Cunparis' indicator only works on tick charts. If you use the one by school of trade it seems to work on time based charts. How much did you pay for it - only if you dare admitting it?

And why do you want to line up the two of them?

Reply With Quote
 
(login for full post details)
  #17 (permalink)
Boston, MA. United States
 
Experience: Intermediate
Platform: Ninja
Trading: Futures and Forex
 
Fibbee's Avatar
 
Posts: 156 since Sep 2011
Thanks: 101 given, 154 received


Fat Tails View Post
Cunparis' indicator only works on tick charts. If you use the one by school of trade it seems to work on time based charts. How much did you pay for it - only if you dare admitting it?

And why do you want to line up the two of them?


I have the one from school of trade. It works great for discretionary trading.

I am not sure what two of them you are referring too, but I wanted to try and use speed as a prerequisite for entering trades that break a 'Swing' Level. Or at least see if there is an edge present when speed is high approaching the break of a swing level.

I wanted to use high speed as a condition for breaks of swing levels, and also slow speed for buying/selling back into a sideways range.

Needless to say, my programming skills are rudimentary; so writing the ninjascript free hand is currently beyond my means.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #18 (permalink)
Toronto, Ontario, Canada
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts, TradeStation, E-Signal
Broker: Amp Futures/CQG; TransAct Futures
Trading: Currency Futures, Commodities Futures, Bonds, Stocks, Indices
 
Posts: 16 since Jan 2011
Thanks: 0 given, 1 received

I dont use the Wizard but it is possible to do what you want. Get the actual dimensions of delta x and delta y in inches from a Graphics object and take the ratio. I have done this to scale scharts.

Reply With Quote


futures io Trading Community Platforms and Indicators NinjaTrader > Help with Slope


Last Updated on September 15, 2012


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1500 prizes from Topstep!

February
 

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

March
 

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

Elite only
     



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