Indicator: Add to opened position - NinjaTrader | futures io social trading
futures io futures trading


Indicator: Add to opened position
Updated: Views / Replies:9,080 / 39
Created: by ivanjocic Attachments:15

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
 15  
 
Thread Tools Search this Thread
 

Indicator: Add to opened position

  #1 (permalink)
Elite Member
Abu Dhabi, UAE
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Gain
Favorite Futures: forex
 
Posts: 23 since May 2010
Thanks: 2 given, 26 received

Indicator: Add to opened position

Hi guys,

recently I've stumbled on following post Linear Regression Angle Measurement by Doug Tucker. It looked nice and I wanted to give it a try creating such indicator.
To keep it simple, indicator can indicate when to topup your position in a trend even if it's not so obvious where to do it.
Joking arround with parameters it also can give you a confirmation on a divergence if you trade them.
I've tried this indicator on Range charts using FX instruments.

On the first image you can see how nice have been identified places where to add to an existing position, or even enter market if not done so already.

On the second one we have "clear" trend change identification much before LinReg(60) stated so. You can see it on a 3rd image in "zoomed-out" mode that trend changes are easily spotted.

On the last one you can see example of trading divergences.

Please note that only, if compiled in Debug mode (see NT help for more info) you will see red and blue lines in indicator section. otherwise you will see histogram only.

What do you think about it? Somebody finds this useful?

Happy trading,
Ivan

Attached Thumbnails
Indicator: Add to opened position-ichi1.png   Indicator: Add to opened position-ichi2.png   Indicator: Add to opened position-ichi3.png   Indicator: Add to opened position-ichi4.png  
Reply With Quote
The following 14 users say Thank You to ivanjocic for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Download:
- you can download indicator here


Last edited by ivanjocic; July 8th, 2010 at 08:46 AM. Reason: Added download link
 
  #3 (permalink)
Elite Member
Near the BEuTiFULL Horse Shoe
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: MBTrading Dukascopy ZenFire
Favorite Futures: $EURUSD when it is trending
 
Trader.Jon's Avatar
 
Posts: 500 since Jul 2009
Thanks: 401 given, 175 received


Thanks very much! It looks very interesting, and I have long been a fan of Linear Regression so it is a welcome addition.

Is there any NT 6.5 version available? I am trying to modify it myself without much headway. I would like to sim this in a strategy.

Jon

Reply With Quote
 
  #4 (permalink)
Elite Member
temecula,ca
 
Futures Experience: Advanced
Platform: NT
Broker/Data: AMP/Zen
Favorite Futures: Euro
 
Posts: 46 since May 2010
Thanks: 32 given, 8 received

Thanks Ivan! Looks very interesting. Want to see how this compares with and/or works with your MEF Buy/Sell zones indicator. Or is the difference just display in panel 1 vs lower panel.

Reply With Quote
 
  #5 (permalink)
Elite Member
Abu Dhabi, UAE
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Gain
Favorite Futures: forex
 
Posts: 23 since May 2010
Thanks: 2 given, 26 received

Jon,
can you tell me what kind of problems you have compiling it on NT6.5? Maybe I can help. I don't have 6.5 installed anywhere, but I can provide some advice.

Ivan

Reply With Quote
 
  #6 (permalink)
Elite Member
Abu Dhabi, UAE
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Gain
Favorite Futures: forex
 
Posts: 23 since May 2010
Thanks: 2 given, 26 received

rfiske,
you're welcome. To be honest it wasn't intended to be used in synch with Buy/Sell zones. I've noticed, though, that when the main line (black) of this indicator is crossing over/below the 0 line usually we have change of color in buy/sell zones (or neutral or opposite).
Basically calculation methods very different, but one is confirming other most of the time.

I haven't had much time to investigate both of them. I was hoping a little help of the community.

Reply With Quote
 
  #7 (permalink)
Elite Member
temecula,ca
 
Futures Experience: Advanced
Platform: NT
Broker/Data: AMP/Zen
Favorite Futures: Euro
 
Posts: 46 since May 2010
Thanks: 32 given, 8 received

thanks again for the info. i have them plotted on a 4 Kase ES chart. along with some other indicators. will let you know how i find them useful when i try them with my other stuff WITH Real $

Reply With Quote
 
  #8 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 835 received

Hi Ivan,

What's the blue line in pane 2 on the second and third pictures, I don't have it on mine. Thanks.

Reply With Quote
 
  #9 (permalink)
Elite Member
Abu Dhabi, UAE
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Gain
Favorite Futures: forex
 
Posts: 23 since May 2010
Thanks: 2 given, 26 received

lines visible in debug mode


vegasfoster View Post
Hi Ivan,

What's the blue line in pane 2 on the second and third pictures, I don't have it on mine. Thanks.

If you compile in debug mode (open any indicator, right-click and select "Debug Mode" then hit F5), two lines will be added (red and blue).
I draw the value of angle between 2 successive points of LinReg (blue for long and red for short period). You can note that when in the price panel LinReg is about to go down, in panel 2 we have blue line that crosses below 0. So this "angle representation" line is much faster than the original one.

Indicator is drawn by summing values of blue (long LinReg angle representation) and red (short LinReg angle representation).

I hope that I was clear enough, if not you just need to ask.

Thanks,
Ivan

Reply With Quote
The following user says Thank You to ivanjocic for this post:
 
  #10 (permalink)
Elite Member
temecula,ca
 
Futures Experience: Advanced
Platform: NT
Broker/Data: AMP/Zen
Favorite Futures: Euro
 
Posts: 46 since May 2010
Thanks: 32 given, 8 received


thanks. i didn't know you had to be in the debug mode to compile. so now i have the red & blue lines. as you can tell i have 0 coding knowledge!

I had great results (in /Sim) this am trading the ES on my 4 Kase chart and just using your default settings, i don't want to start making changes / tweaking just yet. i am using the MEF w/ OBV Driver, VHF, along w some other indicators that when taken together seem to keep me from taking the bad MEF signals and thus yielded good results.

have you thought of painting a vertical line on panel 1 chart when the R/b lines cross? Red vertical line red line crosses down through the blue line green or blue when red line crosses up through the blue line.

Reply With Quote

Reply



futures io > > > > Indicator: Add to opened position

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

July Journal Challenge w/$1100 in prizes from TopstepTrader

July

John @ No BS Day Trading (TBA)

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Add Background Color function to an indicator michaelf NinjaTrader Programming 33 October 15th, 2014 05:34 PM
Contract Rollover: Adopt Real World Position and manage per previous position entry RM99 EasyLanguage Programming 3 May 30th, 2012 06:55 AM
Can I add existing indicators to an indicator I am creating? forrestang NinjaTrader Programming 27 July 19th, 2011 03:31 AM
Add()... Muti-timeframe indicator... cs1502-1503 Al2010 NinjaTrader Programming 5 February 2nd, 2011 12:09 PM
Add to original position in NinjaTrader Strategy ryohkyo NinjaTrader Programming 5 March 14th, 2010 10:48 PM


All times are GMT -4. The time now is 04:46 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 2017-06-28 in 0.11 seconds with 20 queries on phoenix via your IP 54.81.113.71