Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
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 for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Broker: Vankar + DTN.IQFeed (moved from Bloomberg)
Trading: Futures - Indices, Energy, Metals, Currencies (starting to look at some softs)
Posts: 18 since Jun 2012
Thanks Given: 32
Thanks Received: 10
Hi anagami & cory
thanks for the information you gave here, all appreciated. I shall be digging deeper into using DMA's for the non-range trade setups... seems it has some legs indeed..!
I shall update when I have played a bit more and got some settings/timeframes that seem to work for me.
Again many thanks
Bry
Can you help answer these questions from other members on NexusFi?
Broker: Vankar + DTN.IQFeed (moved from Bloomberg)
Trading: Futures - Indices, Energy, Metals, Currencies (starting to look at some softs)
Posts: 18 since Jun 2012
Thanks Given: 32
Thanks Received: 10
hi guys
just a quick update as I haven't abandoned this thread, I just decided to take a whole summer break and only just back...
I shall be looking again at the DMA and will post some trades if I use..
I have a strategy built on nothing but a displaced moving average. It's doing pretty well overall. It isn't as good as my other 2 strategies but it's working. I'm using it on CL with a 4 tick BetterRenko chart. I settled on an EMA(SMA(Median, 45),34) with a displacement of +6 bars. It's a stop and reverse system where the entries are the cross of the 2 moving averages. I did a lot of testing to come up with those settings for the period I trade but they are working. I haven't tried the way @perryg described but will do so.
By the way, I like using Median pricetype because it smooths the line a bit.
not necessarily...As you said I've done a fair amount of testing to get those settings for a 4 tick betterrenko brick. I spent no time testing other size bricks because I use the 4 tick brick almost exclusively. Just so you know, I tested over 2 years of historic data and almost 2000 trades to come up with those settings. Also, variations of those settings work as well. I don't remember what those settings are but I remember there is a relatively wide range of settings that work.
Broker: Vankar + DTN.IQFeed (moved from Bloomberg)
Trading: Futures - Indices, Energy, Metals, Currencies (starting to look at some softs)
Posts: 18 since Jun 2012
Thanks Given: 32
Thanks Received: 10
thanks for sharing your hard effort, it is so much appreciated.
I shall test some more (once my main trading workstation is back online [that and my backup machine both blew-up this week so I am currently waiting on a replacement which is delayed..!])...
You're welcome...Also, I think I failed to make this clear. I tested for the times that I trade which are 8-11 am central time for CL. I only trade those times because that's what I personally want to do. Thought I'd mention that because CL outside of those times CL behaves differently.
