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Millionaire in 10 weeks & Conversation with broker


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Millionaire in 10 weeks & Conversation with broker

  #231 (permalink)
 MerlinWorld 
Montreal
 
Posts: 128 since Jan 2013

Alright, for those interested, I removed all those "Fake/Phantom Renko Bars" from today's chart and this is all the spots where a bar was missing.

You might say that's a lot but 10 screenshots with 1-3 missing bars out of 1000s of Renko bars made that day is not enough for me to create total chaos in my backtests but then again, I haven't backtested those Renko charts yet so I will know later on when everything will be programmed.

Merlin

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  #232 (permalink)
 RickW00716 
Richmond Virginia
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES
Posts: 318 since Feb 2013
Thanks Given: 306
Thanks Received: 163

I believe what would be best is to wait until the final version of this indicator is completed for ninja 8 and then forward test it in real time using a variety of different bar types.

Mr Merlin...is your ultimate goal to fully automate your system(kinda like the High Frequency program traders)? If so, please use caution by understanding who your competition is in this area, however, I do wish you good luck

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  #233 (permalink)
 shzhning 
Madison, NJ
 
Experience: Intermediate
Platform: CQG/TOS
Broker: Optimus/CQG
Trading: ZN/TN/ES/NQ
Posts: 134 since Jun 2010
Thanks Given: 65
Thanks Received: 112



RickW00716 View Post
I believe what would be best is to wait until the final version of this indicator is completed for ninja 8 and then forward test it in real time using a variety of different bar types.

Mr Merlin...is your ultimate goal to fully automate your system(kinda like the High Frequency program traders)? If so, please use caution by understanding who your competition is in this area, however, I do wish you good luck

yyyyyyzis the yes I have xx xx xx xx xx xx xx xx xx xx xx xtsrrtrxx xx xx xx xx 6z

Sent using the NexusFi mobile app

  #234 (permalink)
 MerlinWorld 
Montreal
 
Posts: 128 since Jan 2013


RickW00716 View Post
I believe what would be best is to wait until the final version of this indicator is completed for ninja 8 and then forward test it in real time using a variety of different bar types.

Yup, that's part of the plan alright. Back test, Forward Test, live sim then live trading.



RickW00716 View Post
Mr Merlin...is your ultimate goal to fully automate your system(kinda like the High Frequency program traders)? If so, please use caution by understanding who your competition is in this area, however, I do wish you good luck


Yes, IT HAS to be programmed because you can't quite get in those double bottoms/tops because things move too fast enough and every lost tick counts.

I looked at HFT but I didn't know that we could have access to this. I though only large companies and institutions had those.

I was about to get a VPS close to the markets to shrink the trading execution time but don't know how to get access to those HFT data centers.

Do you suggest one in particular?

Merlin

  #235 (permalink)
 
phantomtrader's Avatar
 phantomtrader 
Reno, Nevada
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
Frequency: Daily
Duration: Minutes
Posts: 588 since May 2011
Thanks Given: 217
Thanks Received: 984


MerlinWorld View Post
Yeaaaaaaaah I know I know.

I need a good shrink.

Any suggestion?

Try a martini with a friend. The only cost will be a couple of good martinis.



Then take a break.

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  #236 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,609 since Aug 2009
Thanks Given: 11,328
Thanks Received: 2,743


MerlinWorld View Post
I was about to get a VPS close to the markets to shrink the trading execution time but don't know how to get access to those HFT data centers.

Do you suggest one in particular?

Merlin


Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Follow me on Twitter
Thanked by:
  #237 (permalink)
 
phantomtrader's Avatar
 phantomtrader 
Reno, Nevada
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
Frequency: Daily
Duration: Minutes
Posts: 588 since May 2011
Thanks Given: 217
Thanks Received: 984

And I can assure you from experience that it works. I got slaughtered on the CL today. Was lucky to make it up on the 30 yr (that's dumb luck)

So don't think you're alone in frustration. Crap happens, usually when you're not looking (I don't know where the hell I was this morning!)

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  #238 (permalink)
 MerlinWorld 
Montreal
 
Posts: 128 since Jan 2013


DavidHP View Post

Are you an expert on this here because that's one thing that I will need to look for in a near future I hope.

Montreal-Chicago that's 850 Miles so I will need to shrink that distance a lot if I want to trade M2K contracts.


liquidcci View Post
From my experience ping times can make you money on an automated system. I went from using home internet lines 30ms - 40ms ping. To using a server in Chicago with sub 1ms ping. Makes big difference on fills especially in CL. ES maybe less so because so much liquidity but even there at times can make a difference.

Impressive stuff I must admit.

  #239 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,609 since Aug 2009
Thanks Given: 11,328
Thanks Received: 2,743


MerlinWorld View Post
Are you an expert on this here because that's one thing that I will need to look for in a near future I hope.

@sam028 runs Speedy Servers.
The reviews should give you an idea of how good it is. All reports I have seen is it is a great service.
One of my partners had an account with them, he was not from the US so he needed the speed.
I don't need that type of speed atm but if I did, that would be my choice.

Sam028 will answer any question you have either in PM or in that thread.

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Follow me on Twitter
Thanked by:
  #240 (permalink)
 MerlinWorld 
Montreal
 
Posts: 128 since Jan 2013



DavidHP View Post
@sam028 runs Speedy Servers.

Thanks, just bookmarked his website.


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