Cory's VolumeStop for Sierra Chart? - Sierra Chart Programming | futures io social day trading
futures io futures trading


Cory's VolumeStop for Sierra Chart?
Updated: Views / Replies:2,861 / 15
Created: by omni72 Attachments:6

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
 6  
 
Thread Tools Search this Thread
 

Cory's VolumeStop for Sierra Chart?

  #11 (permalink)
Elite Member
annapolis USA
 
Futures Experience: Intermediate
Platform: Ninja, MC, Sierra, Amibroker
Broker/Data: PFG (too bad), IB, Fidelity, AMP
Favorite Futures: ES, NQ, Equities, Forex, Etc.
 
greenroomhoo's Avatar
 
Posts: 276 since Jun 2011
Thanks: 107 given, 227 received

Cory - my ninja is weak.

what does the "||" operator represent?
is "Math.Abs()" just regular old Absolute Value?

think i understand the rest of it. Ill probably do it in easylanguage while i am at it...unless someone else already has?

incidentally cory - are you really in Fairfax? I grew up there.

Reply With Quote
 
  #12 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,336 since Jun 2009
Thanks: 29,452 given, 83,950 received


greenroomhoo View Post
Cory - my ninja is weak.

what does the "||" operator represent?
is "Math.Abs()" just regular old Absolute Value?

think i understand the rest of it. Ill probably do it in easylanguage while i am at it...unless someone else already has?

incidentally cory - are you really in Fairfax? I grew up there.

|| = or
Math.Abs is an absolute value

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #13 (permalink)
Elite Member
Portland, OR
 
Futures Experience: Intermediate
Platform: Sierra Chart
Favorite Futures: ES
 
Posts: 269 since Jan 2011
Thanks: 326 given, 178 received


if time permits - Would provide an ACSIL based solution for this.

Thanks

Reply With Quote
 
  #14 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,428 since Jun 2009
Thanks: 640 given, 6,692 received
Forum Reputation: Legendary


greenroomhoo View Post
Cory - my ninja is weak.

what does the "||" operator represent?
is "Math.Abs()" just regular old Absolute Value?

think i understand the rest of it. Ill probably do it in easylanguage while i am at it...unless someone else already has?

incidentally cory - are you really in Fairfax? I grew up there.

yes, I am in FF. && = and [0]= current bar, [1] = 1 bar back, [2] = 2 bar back.

Reply With Quote
 
  #15 (permalink)
Elite Member
Portland, OR
 
Futures Experience: Intermediate
Platform: Sierra Chart
Favorite Futures: ES
 
Posts: 269 since Jan 2011
Thanks: 326 given, 178 received

Attached is the initial ACSIL Version for the Cory's Volume indicator..

Conditions are pulled from #10 - https://futures.io/sierra-chart-programming/25228-corys-volumestop-sierra-chart.html#post302151

Comments Welcome

PS: Please note that this is just a base release and Once the functionality aspect is confirmed - Can provide the configurable inputs ( color/offset values etc) or any other changes needed.

Attached Thumbnails
Cory's VolumeStop for Sierra Chart?-coryvolume.png  
Attached Files
Register to download File Type: cpp CoryVolume.cpp (3.4 KB, 50 views)
Register to download File Type: dll CoryVolume.dll (21.0 KB, 49 views)

Last edited by ejtrader; February 13th, 2013 at 09:33 PM.
Reply With Quote
The following 7 users say Thank You to ejtrader for this post:
 
  #16 (permalink)
Elite Member
Pretoria, South Africa
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: CTS
Favorite Futures: BackTesting This
 
Posts: 47 since Sep 2016
Thanks: 39 given, 47 received

Backtest results poor?

Hi, I would like to know if anyone is having success with this indicator? The methodology makes sense but when I backtest it, the results are quite poor. I entered the criteria in SC spreadsheet study and used the criteria as stipulated by Cory:

// draw triangle up
// 3 bars -volume slope up but price slope down with the last white candle
if (Volume[0] >= Volume[1] && Volume[1] >= Volume[2] &&
( High[0] - Low[0] < High[1] - Low[1] || Math.Abs(Open[0] - Close[0])< Math.Abs(Open[1] - Close[1]))
&&
Low[0] <= Low[1] &&
Low[1] <= Low[2] &&
Close[0] >= Open[0] )

// draw triangle down
// 3 bars -volume slope up and price slope up with the last black candle
if (Volume[0] >= Volume[1] && Volume[1] >= Volume[2] &&
( High[0] - Low[0]< High[1] - Low[1] ||
Math.Abs(Open[0] - Close[0])< Math.Abs(Open[1] - Close[1]))
&&
High[0] >= High[1] &&
High[1] >= High[2] &&
Close[0] < Open[0] )

I tested on a 3 min chart and overlaid the 9 & 5MA of the 10000 tick chart to get medium term direction. I tested this on the NQ. So when the 10k Tick 5 MA is above 9 MA, I'll only take longs when a signal is fired and when 5 MA is below 9 MA I'll only take shorts when signals are fired. I only enter during RTH.

I did not bother with the s/r lines.

I attach my chart, spreadsheet and screenshot of the backtest. I can't say that this is a strategy that shows results? Unless I'm way off and missing something big. Any comments, recommendations or advice would be welcomed.

PS - This is no criticism against Cory or his work. He is obviously highly valued and respected in this community. I'm merely sharing data and wish to know whether this is a strategy I wish to add to my methodologies.

Attached Thumbnails
Cory's VolumeStop for Sierra Chart?-corys-vol-div.png  
Attached Files
Register to download File Type: txt Corys Vol Div.txt (3.0 KB, 0 views)
Register to download File Type: cht NQ_Cory_Vol_Div_Test.cht (170.5 KB, 1 views)
Reply With Quote

Reply



futures io > > > > > Cory's VolumeStop for Sierra Chart?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only
 

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Why do you use Sierra Chart? Big Mike Sierra Chart 75 May 5th, 2018 12:23 PM
Sierra Chart TPO chart + composite volume profile Big Mike Sierra Chart 10 August 2nd, 2016 08:15 AM
How to disable top most status line of chart in Sierra Chart Big Mike Sierra Chart 9 April 16th, 2013 06:07 PM
Sierra Chart : Tick Chart request. torroray Sierra Chart 19 December 14th, 2012 01:31 PM
Windows 8 and Sierra Chart Big Mike Sierra Chart 5 December 1st, 2012 04:59 PM


All times are GMT -4. The time now is 11:39 PM.

Copyright © 2018 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 2018-05-26 in 0.06 seconds with 19 queries on phoenix via your IP 54.224.91.58