Definition of a trending day - Traders Hideout | futures io social day trading
futures io futures trading


Definition of a trending day
Updated: Views / Replies:10,537 / 69
Created: by Big Mike Attachments:16

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
 16  
 
Thread Tools Search this Thread
 

Definition of a trending day

  #41 (permalink)
Elite Member
austin, texas
 
Futures Experience: Intermediate
Platform: ninja trader
Favorite Futures: currency futures
 
Posts: 508 since Jan 2011
Thanks: 14 given, 231 received

template


ThatManFromTexas View Post
Trending goes both ways...

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Fat Tails, is there anyway to post a template of your chart. Looks really clean and easy to follow.

Thanks
Hector

Reply With Quote
 
  #42 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


hector24 View Post
Fat Tails, is there anyway to post a template of your chart. Looks really clean and easy to follow.

Thanks
Hector

@hector24: I have never used such a chart, you need to ask @ThatManFromTexas, where he stole it.

Reply With Quote
 
  #43 (permalink)
Elite Member
austin, texas
 
Futures Experience: Intermediate
Platform: ninja trader
Favorite Futures: currency futures
 
Posts: 508 since Jan 2011
Thanks: 14 given, 231 received

template



Fat Tails View Post
@hector24: I have never used such a chart, you need to ask @ThatManFromTexas, where he stole it.

Sorry about that. I meant to write ThatManFromTexas but I wrote Fat Tails, sorry.
That Man From Texas is there anyway to obtain a template of the chart you have.

Thanks
Hector

Reply With Quote
 
  #44 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


Fat Tails View Post
@hector24: I have never used such a chart, you need to ask @ThatManFromTexas, where he stole it.


@Fat Tails

You're just worried I'll learn enough from studying all your code to take over the color indicator, draw arrows," sound of cat getting run over by a lawn mower" audio alert market that strives on futures.io (formerly BMT)...


hector24 View Post
Sorry about that. I meant to write ThatManFromTexas but I wrote Fat Tails, sorry.
That Man From Texas is there anyway to obtain a template of the chart you have.

@hector24

Check your PM's

Thanks
Hector


I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following user says Thank You to ThatManFromTexas for this post:
 
  #45 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


ThatManFromTexas View Post
@Fat Tails

... "sound of cat getting run over by a lawn mower" audio alert market that strives on futures.io (formerly BMT)...


I have coded that one, but had a number of unforeseeable problems.


- First of all, the alert only triggers once, maybe something wrong with the code.

- Then my wife did not like it and ever since she refuses to continue the supplies with hot fresh coffee.


I am very much afraid that she has possibly watched me, when I was in the garden of my neighbour to record the sound for the indicator.

Reply With Quote
The following 2 users say Thank You to Fat Tails for this post:
 
  #46 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


Fat Tails View Post

- Then my wife did not like it and ever since she refuses to continue the supplies with hot fresh coffee.


@Fat Tails

You're lucky she's just withholding coffee ...

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
 
  #47 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


ThatManFromTexas View Post
@Fat Tails

You're lucky she's just withholding coffee ...

What was your age again?

Reply With Quote
 
  #48 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


Fat Tails View Post
What was your age again?

@Fat Tails

It's a Texas tradition....

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following 6 users say Thank You to ThatManFromTexas for this post:
 
  #49 (permalink)
Elite Member
New York, NY
 
Futures Experience: Intermediate
Platform: TradeStation
Broker/Data: TradeStation
Favorite Futures: Forex
 
philippe07024's Avatar
 
Posts: 33 since Feb 2011
Thanks: 16 given, 16 received

Here is an article that should be of interest to the readers of this thread.

Definition of a trending day-1-2010-article.pdf

In this study, both concepts of "trending" and "choppy" days are used respectively representing 25% and 30% of the days. So, a third category exists for non-trending and non-choppy days.

I love how the resulting filter turns off some strategies and help avoid "bad" trades.

I tried to reverse engineer the indicator basing the calculation only on the open and close:
- if Close/Open < 0.3% then Choppy
- if Close/Open > 1% then Trending
The Excel chart looks similar, but not the same.
I did not try to apply this on my strategies yet.

Reply With Quote
The following 5 users say Thank You to philippe07024 for this post:
 
  #50 (permalink)
Elite Member
New York, NY
 
Futures Experience: Intermediate
Platform: TradeStation
Broker/Data: TradeStation
Favorite Futures: Forex
 
philippe07024's Avatar
 
Posts: 33 since Feb 2011
Thanks: 16 given, 16 received


In the book "Enhancing Trader Performace", Brett Steenbarger mentions 3 types of days to analyze trading performance:


Quoting 
Uptrend days open near their lows and close near their highs; downtrend days do the reverse.
Reversal days trade well off their opening prices only to close near them or at the opposite extreme.
Rangebound days close near the middle of their ranges, close to their opening prices.

Does anyone know if he defined these types more specifically (for example with formulas)?


Last edited by philippe07024; July 19th, 2012 at 04:13 PM.
Reply With Quote

Reply



futures io > > > Definition of a trending day

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
How can you tell if it will be a trending or choppy day? Eiji Emini Index Futures Trading 39 May 1st, 2015 09:10 PM
Re:Trending Ribbon amruta NinjaTrader Programming 9 April 2nd, 2014 01:23 PM
Is there definition of the MedianRenko? maxima The Elite Circle 3 January 22nd, 2012 07:48 PM
Indicator to detect non-trending periods / consolidation? diverdan The Elite Circle 5 May 27th, 2010 06:29 PM
ES Trending preferences LordAlfa Traders Hideout 0 July 15th, 2009 01:40 AM


All times are GMT -4. The time now is 04:05 AM.

Copyright © 2017 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 2017-12-17 in 0.14 seconds with 20 queries on phoenix via your IP 54.227.51.103