Looking for a reversal Indicator - Platforms and Indicators | futures io social day trading
futures io futures trading


Looking for a reversal Indicator
Updated: Views / Replies:502 / 16
Created: by Wipeout Attachments:0

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 100,000 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

 
 
Thread Tools
 

Looking for a reversal Indicator

 
Elite Member
Springfield, Missuouri
 
Trading Experience: None
Platform: Sierra, Ninja
Broker/Data: NinjaTraderBrokerage
Favorite Futures: ES
 
Wipeout's Avatar
 
Posts: 27 since Oct 2017
Thanks: 112 given, 12 received

Worthless Indicators


trendisyourfriend View Post
Don't want to start a debate with you but i know a few people that are in the algo trading circle who use worthless indicators as you say but are profitable. How's that?

Your reply gave me a little chuckle. I probably sound like a hardcore pice action trader ( no worthless indicators on my charts are matey shiver me timbers are ) my trading journey is leading me to base my trading on supply & demand and multi-time frame analysis, but I need some tools to get me over some of the difficulties I have reading the market at this discovery stage I am presently in. so if someone can take a worthless indicator and be profitable with it you can bet I will want to hear all that person has to say on trading matters and soak it all in like a sea sponge. I read a post about six months ago on a little bit of your Sam Seiden following and implementation in your trading, I found it insightful. I think I hit the thank you on it. and when the day comes that I can contribute I most certainly will. a lot of people turn to trading some to get rich lured by the magical indicator and a whole host of other reasons. well, I guess if I am going to debate I want it to be about the artful technique of extracting money from these markets.
excuse my spelling and punctuation I don't have the use of my arms & hands I have popsicle sticks duct-taped to my fingers to type.
Best Regards.
Wipeout

The following 2 users say Thank You to Wipeout for this post:
 
 
 Vendor: www.optimusfutures.com 
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,295 since Sep 2010
Thanks: 2,249 given, 3,264 received
Forum Reputation: Legendary

Answer
This post has been selected as an answer to the original posters question Answer


trendisyourfriend View Post
Don't want to start a debate with you but i know a few people that are in the algo trading circle who use worthless indicators as you say but are profitable. How's that?

The algo traders that I know use complex mathematical and statistical models with execution that allows them to slice orders in a time units most of us in retail cannot achieve. I never heard one of them mention an indicator let alone the word "indicator". It is models.

I guess anyone who has automated an order system could call himself an algorithmic trader, but this term is thrown around in the industry like everyone access to such methods of execution.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

Last edited by mattz; March 5th, 2019 at 09:13 AM.
The following 4 users say Thank You to mattz for this post:
 
 
Elite Member
Springfield, Missuouri
 
Trading Experience: None
Platform: Sierra, Ninja
Broker/Data: NinjaTraderBrokerage
Favorite Futures: ES
 
Wipeout's Avatar
 
Posts: 27 since Oct 2017
Thanks: 112 given, 12 received

Order Book Question



mattz View Post
The algo traders that I know use complex mathematical and statistical models with execution that allows them to slice orders in a time units most of us in retail cannot achieve. I never heard one of them mention an indicator let alone the word "indicator". It is models.

I guess anyone who has automated an order system could call himself an algorithmic trader, but this term is thrown around in the industry like everyone access to such methods of execution and methods.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Hi Matt Z, if I'm looking for supply & demand areas to trade from could the order book give me more insight on liquidity I'm not sure about the order book and how it works. don't want to head into dead-end streets although the order book is probably a great thing to master.
Thanks.
Wipeout

The following user says Thank You to Wipeout for this post:
 
 
 Vendor: www.optimusfutures.com 
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,295 since Sep 2010
Thanks: 2,249 given, 3,264 received
Forum Reputation: Legendary


Wipeout View Post
Hi Matt Z, if I'm looking for supply & demand areas to trade from could the order book give me more insight on liquidity I'm not sure about the order book and how it works. don't want to head into dead-end streets although the order book is probably a great thing to master.
Thanks.
Wipeout

I do not know how to reference supply and demand of the DOM alone without any reference to charts.
Supply area on a chart is an area where selling interest outnumbers buying interest and the price falls until the buying-selling balance is restored. Similarly, a demand zone is a price level where price rallies because there is much more buying interest than selling interest.

Thanks,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
The following 2 users say Thank You to mattz for this post:
 
 
Elite Member
Springfield, Missuouri
 
Trading Experience: None
Platform: Sierra, Ninja
Broker/Data: NinjaTraderBrokerage
Favorite Futures: ES
 
Wipeout's Avatar
 
Posts: 27 since Oct 2017
Thanks: 112 given, 12 received

magical reversal indicator

Has anyone had any success with this Indicator from Divergence Indicator For NinjaTrader - FreeIndicators.com
It can be calculated using any indicator that you have in NinjaTrader (ex. RSI, MACD, Stochastic, or any custom indicators).
delay in this indicator is limited to 1 bar closing and then it signals, (hidden divergence and regular divergence)

The following user says Thank You to Wipeout for this post:
 
 
Market Wizard
Quebec
 
Trading Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,823 since Oct 2009
Thanks: 3,284 given, 4,778 received


mattz View Post
The algo traders that I know use complex mathematical and statistical models with execution that allows them to slice orders in a time units most of us in retail cannot achieve. I never heard one of them mention an indicator let alone the word "indicator". It is models.

I guess anyone who has automated an order system could call himself an algorithmic trader, but this term is thrown around in the industry like everyone access to such methods of execution.

Matt Z

@mattz i was talking about standard indicators like those you can find in most platfprms, not about HFT. What do you think Kevin Davey was using in his recent webinar examples ? "3 Excellent Algo Trading Strategy Entries, and How To Automate Them w/Kevin Davey".

The following 2 users say Thank You to trendisyourfriend for this post:
 
 
 Vendor: www.optimusfutures.com 
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,295 since Sep 2010
Thanks: 2,249 given, 3,264 received
Forum Reputation: Legendary


trendisyourfriend View Post
@mattz i was talking about standard indicators like those you can find in most platfprms, not about HFT. What do you think Kevin Davey was using in his recent webinar examples ? "3 Excellent Algo Trading Strategy Entries, and How To Automate Them w/Kevin Davey".

I have a lot of respect for Kevin Davey, and the experience that he uses in building automated strategies.
He does not downplay the risk and speaks honestly of its challenges. It is worthwhile exploring the methods that he exercises. Please Google "Kevin Davy Optimus Futures" and you will find an interview we had done with him.
We covered many good topics.

Thank you,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
The following 2 users say Thank You to mattz for this post:

 



futures io > > > Looking for a reversal Indicator
Thread Tools



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

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Script Renko reversal bar for dual role as reversal and also as a continuation bar. baumer NinjaTrader 1 May 30th, 2018 12:11 PM
VSR Indicator (Volume/Stochastic/Reversal Bars) HJay The Elite Circle 22 May 11th, 2016 11:25 AM
Linear Regression Reversal Indicator zeller4 NinjaTrader 10 November 18th, 2011 10:08 PM
Why does this Reversal indicator do this? skyfly NinjaTrader Programming 5 March 27th, 2011 08:30 AM
Linear Regression Reversal Indicator shodson The Elite Circle 2 September 17th, 2009 11:06 AM


Tags
ai, algo, algo trading, breakout, cci, cycle length, cycle period, divergence, dom, futures, futures trading, hft, holy_grail, how to, indicator, indicators, kevin davey, lookback, loss, macd, multi-time frame, ninja, ninjatrader, order book, orders, profitable, resistance, reversals, rsi, s/r, signals, sine wave, statistical, stochastics, strategies, strategy, strength, supply and demand, support, theoretical, thinkscript, trading, trading strategy, trends, type, values, volume, wave, webinar

All times are GMT -4. The time now is 06:04 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, 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 2019-03-24 in 0.14 seconds with 27 queries on phoenix