NexusFi: Find Your Edge


Home Menu

 





THREE SET UPS


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Jeff Castille with 215 posts (430 thanks)
    2. looks_two cunparis with 146 posts (154 thanks)
    3. looks_3 shodson with 125 posts (211 thanks)
    4. looks_4 Fat Tails with 73 posts (189 thanks)
      Best Posters
    1. looks_one Fat Tails with 2.6 thanks per post
    2. looks_two Jeff Castille with 2 thanks per post
    3. looks_3 shodson with 1.7 thanks per post
    4. looks_4 cunparis with 1.1 thanks per post
    1. trending_up 253,234 views
    2. thumb_up 1,369 thanks given
    3. group 124 followers
    1. forum 1,073 posts
    2. attach_file 239 attachments




 
Search this Thread

THREE SET UPS

  #171 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
Frequency: Daily
Duration: Hours
Posts: 2,552 since Jun 2009
Thanks Given: 1,049
Thanks Received: 1,678


Todd View Post
Jeff,

I went into the code and changed the time... Based on what I understand from the times, I changed them to what they would be for EST using military time. When I went back to my chart and started to scroll, my chart turned white with a big red X.

Is anyone using this indicator in NT7? Or is there another one?
Was I right to use the military time?

See screenshot
TechSmith | Screencast.com, online video sharing, 2010-06-24_1217

Even before I messed with the times in the code, I had put it on the chart and I only saw black background. I would think that I would have seen some green and some black (maybe shifted) if it was working correctly.

Thanks,
Todd

Todd,

Have this basic THREE SET UPS template in NT7. I set it up on NT7b17. As you will note, my flavor of the THREE SET UPS has a few indicators I tweaked to suite my taste; so I can't post the template to guide against it causing your NT7 to be unstable. You can have your own build from this one.

Lolu

Attached Files
Elite Membership required to download: ThreeSetUps_forTodd.xml
Visit my NexusFi Trade Journal Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Any futures traders in Texas looking to give back to tho …
Traders Hideout
Trade idea based off three indicators.
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Diary of a simple price action trader
20 thanks
My NQ Trading Journal
19 thanks
Just another trading journal: PA, Wyckoff & Trends
17 thanks
HumbleTraders next chapter
9 thanks
Daytrading ES & NQ
9 thanks
  #172 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303

Four trades today for +70.......

Attached Thumbnails
Click image for larger version

Name:	CL 08-10  6_24_2010 (15 Min).jpg
Views:	360
Size:	108.9 KB
ID:	16053  
Follow me on Twitter Started this thread Reply With Quote
  #173 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
Frequency: Daily
Duration: Hours
Posts: 2,552 since Jun 2009
Thanks Given: 1,049
Thanks Received: 1,678


This is too sweet and awesome. I just watched it because I'm done on trading today and I don't trade NQ. I may have a change of heart on NQ

The move just happened from 7:45pm GMT+1 to 8:15pm GMT+1.

Lolu

Attached Thumbnails
Click image for larger version

Name:	NT_IQF_GVL_3SetUps_240620100821pm.png
Views:	306
Size:	106.4 KB
ID:	16056  
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #174 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 597 since Nov 2009
Thanks Given: 176
Thanks Received: 126

Jeff - mind sharing how many were the 2nd target hits

Reply With Quote
  #175 (permalink)
 
Todd's Avatar
 Todd 
Alpharetta, GA
 
Experience: Intermediate
Platform: ninja
Broker: Mirus / Zenfire
Trading: ES
Posts: 234 since Jun 2009
Thanks Given: 28
Thanks Received: 40

Thanks for posting the chart template, Lolu.

Please see the screenshot below showing the chart along with the indicator selection screen open.
TechSmith | Screencast.com, online video sharing, 2010-06-24_1550

When you look at this template on your end, do you have a "trading time" indicator in there? The chart background is green on your chart and there is no trading time indicator.

I'm wondering if there is a tradingtime indicator that you have that is working in NT7 that I don't have.

If you have a trading time indicator that is working for you in NT7, can you please post it here so I can import it?

Thanks,

Todd

Reply With Quote
  #176 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303


emini_Holy_Grail View Post
Jeff - mind sharing how many were the 2nd target hits

Two.......it's all on the chart. Every entry....every target.

Follow me on Twitter Started this thread Reply With Quote
  #177 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
Frequency: Daily
Duration: Hours
Posts: 2,552 since Jun 2009
Thanks Given: 1,049
Thanks Received: 1,678


Todd View Post
Thanks for posting the chart template, Lolu.

Please see the screenshot below showing the chart along with the indicator selection screen open.
TechSmith | Screencast.com, online video sharing, 2010-06-24_1550

When you look at this template on your end, do you have a "trading time" indicator in there? The chart background is green on your chart and there is no trading time indicator.

I'm wondering if there is a tradingtime indicator that you have that is working in NT7 that I don't have.

If you have a trading time indicator that is working for you in NT7, can you please post it here so I can import it?

Thanks,

Todd

Have a look at my screenshot.

Your screenshot indicates that you don't have the TradingTime indicator. The cs file is here. You don't have the jtEconNews too.

Lolu

Attached Thumbnails
Click image for larger version

Name:	3SetUps.png
Views:	250
Size:	78.5 KB
ID:	16057  
Visit my NexusFi Trade Journal Reply With Quote
  #178 (permalink)
 
Todd's Avatar
 Todd 
Alpharetta, GA
 
Experience: Intermediate
Platform: ninja
Broker: Mirus / Zenfire
Trading: ES
Posts: 234 since Jun 2009
Thanks Given: 28
Thanks Received: 40

Jeff,

Can you reiterate what times you trade and what times you don't trade? I know that you avoid news times but I'm trying to figure out what to put in the tradingtimes indicator to match what you do (for comparison)

I live in EST.

Here is a screenshot of the tradingtimes indicator that Lolu sent me. I'm trying to figure out what to put on the 2 lines to make the chart match your chart.
TechSmith | Screencast.com, online video sharing, 2010-06-24_1742

Thanks,
Todd

Reply With Quote
  #179 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303


Todd View Post
Jeff,

Can you reiterate what times you trade and what times you don't trade? I know that you avoid news times but I'm trying to figure out what to put in the tradingtimes indicator to match what you do (for comparison)

I live in EST.

Here is a screenshot of the tradingtimes indicator that Lolu sent me. I'm trying to figure out what to put on the 2 lines to make the chart match your chart.
TechSmith | Screencast.com, online video sharing, 2010-06-24_1742

Thanks,
Todd

Please see posts #41,#19,#7

Follow me on Twitter Started this thread Reply With Quote
Thanked by:
  #180 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203


Hi jeff

You know I am your Big fan. Your All Your Need thread was the first thread I read .. more than twice and it's the longest thread I've ever read up to this moment .. smile .. I'm stunned when I tripped over your Three Set Ups thread last night when I placed "reversal bar" on the Search box. Certainly it's a very very nice surprise. Thank You and Congratulations for another Amazing thread!

After going through your thread twice, I am still lost on the Outside Bar set up. Appreciate your enlightening me please.

For example, you have 2 Outside bar trades today.

1. First one was a Sell. Was the top wick on the green bar a hint to sell and placed a Sell Limit order when it's 1 tick below its Low?

2. Second one was a Buy. I'm not sure how to interpret the short green bar before the blue Outside bar that would tell me to buy and not sell?!

3. I am also not certain where to place the entry price. My guess is 1 tick above or below the High or Low of the bar before the Outside bar once I know if it's going to be a Buy or Sell but NOT both.

I have a better knowledge on the Inside bar set-up. Appreciate your confirmation that you always place breakout trades on both sides, ie Sell and Buy limit orders at the same time.

Thank You .. Thank You for sharing your set-ups with us. My warmest apologies for the above questions.

Beth

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on May 15, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts