For historical minute charts, I often export CL & Euro minute data from tradestation and import into the ninja ##-## continous contract. Works great. That way I have 10+ years of data. I can do it for ES if you like.
I had a similar strategy on the NQ's using a 1600 tick chart on TOS data...probably be a 3200 tick or higher chart on NT.
I used a key reversal bar as entry signal and stop and reverse on the next key reversal bar signal. The s&r would not be automatically after the signal was generated, but would trail the candles/bars till the high/low of a candle was taken out.
Maybe someone kind enough could back test this for me, since i have tried it and had ZERO success (I am technically challenged....and math challenged)
Can you teach me how to import historical ES data for Ninjatrader?
Im always on the lookout for these kind of setups (and some new ones im figuring out, ill post them if i find them to be reliable) but im stuck with only a couple of months worth of data....so im always afraid that something might have worked in the previous couple of months but not before...
hmmm i get it... youre trigger bar is in the 30 minutes when the limits of he hourly inside bar are broken.
I guess you get a fill much sooner... so youll probably benefit from that, but on the other hand, how do you know its not a fakeout? (ie, the limit of the outside bar arent broken)
Do you feel that most of the time, when the inside bar limits are broken, eventuall so its the ouside bar's?
I will export the ES minute data from 1/2/2000 to 12/31/2009 later today. it takes a lot of cpu. Then you just do historical data -> import. I have already posted this for CL & Euro, look in the forum and/or file download section. I'll do ES later today.
The 30 min bar is only visual, it has no impact on the trade. It's so I can see inside the daily bars and confirm the strategy works properly. I could put 1 min or anything else, doesn't matter.
Tradestation is very good about filling inside a bar and doing bracketing. This is why I use TS for this sort of thing. For simple strategies TS blow Ninja out of the water. For very complex strategies Ninja blows TS away. But my experience is simple strategies work best.
What's weird is that while programming your strategy I had made some logic mistakes and I got very good backtest results, 1.76 profit factor. I then fixed the logic mistakes thinking that would surely improve the results and it didn't. By the time I got done I couldn't remember the mistake version. Now 2 days later I'm kicking myself for not having figured it out Saturday.