Perrys Trading Platform - Traders Hideout | futures io social day trading
futures io futures trading


Perrys Trading Platform
Updated: Views / Replies:350,380 / 1,206
Created: by perryg Attachments:304

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 – 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 don’t 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

Closed Thread
 304  
 
Thread Tools Search this Thread
 

Perrys Trading Platform

  #1171 (permalink)
Elite Member
Rechovot
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: Index,Currency and Energy futures
 
perryg's Avatar
 
Posts: 1,703 since Jan 2010
Thanks: 504 given, 6,262 received


madLyfe View Post
do they just not have to be flat? cuz i see them sometimes where they are not flat, but they are not angled up like the ppMAs are.. also sometimes one might be flatish and the other is going my direction..

Your best lineup is when all are in your direction. By watching your charts a few days you will get the feeling of when a HTF is not exactly lined up but you still have a trade. Sometime in these cases the trade is short lived but you can still get a nice trade our of it.

 
  #1172 (permalink)
Elite Member
Des Moines, Iowa
 
Futures Experience: None
Platform: Ninja, TOS
Broker/Data: AMP/CQG, TOS
Favorite Futures: CL, TF, GC
 
madLyfe's Avatar
 
Posts: 1,641 since Feb 2011
Thanks: 9,217 given, 1,011 received


perryg View Post
Your best lineup is when all are in your direction. By watching your charts a few days you will get the feeling of when a HTF is not exactly lined up but you still have a trade. Sometime in these cases the trade is short lived but you can still get a nice trade our of it.

ok thanks perry!

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

(╯°□°)╯︵ ┻━┻
 
  #1173 (permalink)
Elite Member
Rechovot
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: Index,Currency and Energy futures
 
perryg's Avatar
 
Posts: 1,703 since Jan 2010
Thanks: 504 given, 6,262 received



ilikeread View Post
Hello, Perry,

First of all, thank you very much for sharing your methods with the forum. I enjoyed your thread and webinar and have been eagerly studying for a few weeks. I have a few question regarding the entry methods and I copied your chart showing in post #377 (Aug2nd, 2010) and made a few marks on this post, if you don't mind.

I understand your entry rules and your explanation is crystal clear. So I know that bar A is the setup bar and you place your stoploss entry order 1 tick above the spike bar and waiting for the market come to hit the order. The order thus get filled in Bar C.

My question is:
1. In this situation, it takes 29 minutes to activate the trigger, and also take another bar (Bar B) to trigger the entry order in the formation of Bar C. Sometimes in realtime, it might takes more bars to get it filled. I wonder how many more bars do you wait till it get triggered or just never touched? If the bars are just wandering below your trigger level for quite a few bars, do you take the order off and search for another setup?

2. If in a situation, I did not place the stoploss entry order in time thus miss the trade; and market come back below the entry level. In this case, the tail portion of the Bar C. Shall I use a buy limit order to get in Long at a lower price compared with the stoploss entry level?

Because I see this kind of "pullback" quite often, I wonder if we can take advantage of this kind of price action to do the second entry. After all, we enter at the lower price and potential risk is lower. Is my thinking right?

3. Bar B is also a setup bar, and with the same stoploss entry level, is that right?

4. You mentioned in your post #281 and #412 that after your entry, you initial SL is at about 2-3 ticks below the previous bar on entry. Since the entry is made on Bar C. Then the SL should be 2-3 ticks below Bar B. Is my understanding right? I marked on the chart with dotted line, 3 ticks below Bar B, with a reading of about 1102.75. Could you please comment on this?

Thank you very much again for your kind help.

Peter

The example you have given is extraordinary, because that spike candle causes a bit of a hickup. Normally the entry is fairly quick and not 28 min. Please remember that you are using Range bar, so a new bar will not register if there is no volatility at this point in time. As long as the setup is there you can wait, I think that 28 min is too long, so go and look for something else.

2. Yes you can do this.

3. Yes you are correct

4. Yes you are correct

The following user says Thank You to perryg for this post:
 
  #1174 (permalink)
Elite Member
San Mateo, CA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 42 since Aug 2010
Thanks: 194 given, 24 received


perryg View Post
The example you have given is extraordinary, because that spike candle causes a bit of a hickup. Normally the entry is fairly quick and not 28 min. Please remember that you are using Range bar, so a new bar will not register if there is no volatility at this point in time. As long as the setup is there you can wait, I think that 28 min is too long, so go and look for something else.

2. Yes you can do this.

3. Yes you are correct

4. Yes you are correct

Thank you very much for your answers!

 
  #1175 (permalink)
Elite Member
Dallas,TX
 
Futures Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker/Data: Zaner/Zen Fire
Favorite Futures: ES,6E,6B,GC,CL
 
Posts: 590 since Nov 2009
Thanks: 176 given, 116 received

BasicTemplate Perry.xml FROM POST 1051

hey Perry

I applied the "BasicTemplate Perry.xml" but dont see any arrows or parameter to display arrow or dot . I see these indicators in the chart

EMA5
ForceIndex
DMPLus_v3a
ADXBox
AAMA

 
  #1176 (permalink)
Elite Member
Rechovot
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: Index,Currency and Energy futures
 
perryg's Avatar
 
Posts: 1,703 since Jan 2010
Thanks: 504 given, 6,262 received


emini_Holy_Grail View Post
hey Perry

I applied the "BasicTemplate Perry.xml" but dont see any arrows or parameter to display arrow or dot . I see these indicators in the chart

EMA5
ForceIndex
DMPLus_v3a
ADXBox
AAMA

There are no arrows or dots in my setups, so I do not know what you are looking at.

 
  #1177 (permalink)
Elite Member
Tampa, FL
 
Futures Experience: Advanced
Platform: NT, SC
 
Posts: 44 since Jun 2010
Thanks: 10 given, 32 received

Just an observation. I looks as though one could eliminate the 1 period PPMA, to at least clear one line from the chart, as you can simply look at whether price is above or below the 3 period PPMA. That price action basically mirrors the crossing of the 1 period PPMA crossing below and above the 3 period.

A clarification on this; it appears that it's when price closes above or below the 3 period PPMA. In re-watching the webinar I noticed one place where price crossed below the 3 PPMA, closed right on it, but the 1 PPMA consequently didn't cross below, and price continued up. This was at the 1:02:20 mark, at the 18:40 bar. One might have been faked out at that point, as price dipped below the 3 PPMA and closed right on it. So, I'll say that for the most part, I've noticed that when price closes above or below the 3 PPMA is when the 1 PPMA crosses it.


Last edited by GreatDane; September 12th, 2011 at 12:47 AM. Reason: clarification
The following user says Thank You to GreatDane for this post:
 
  #1178 (permalink)
Elite Member
Rechovot
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: Index,Currency and Energy futures
 
perryg's Avatar
 
Posts: 1,703 since Jan 2010
Thanks: 504 given, 6,262 received


JackJ View Post
Just an observation. I looks as though one could eliminate the 1 period PPMA, to at least clear one line from the chart, as you can simply look at whether price is above or below the 3 period PPMA. That price action basically mirrors the crossing of the 1 period PPMA crossing below and above the 3 period.

A clarification on this; it appears that it's when price closes above or below the 3 period PPMA. In re-watching the webinar I noticed one place where price crossed below the 3 PPMA, closed right on it, but the 1 PPMA consequently didn't cross below, and price continued up. This was at the 1:02:20 mark, at the 18:40 bar. One might have been faked out at that point, as price dipped below the 3 PPMA and closed right on it. So, I'll say that for the most part, I've noticed that when price closes above or below the 3 PPMA is when the 1 PPMA crosses it.

I beg to differ on your observations. Never trust what you see in a candle, as a candle can start out green, and end up red, or finish up green and change direction on the next candle. The whole idea of using a SMA-1 Typical and SMA-3 Typical, is that they show us that the internal market condition is changing. Once BOTH PPma start to point in the same direction the market condition confirms the direction of the trend. There are many instances where the candles fool you and the PPma are flat in going in opposite directions even if the candle has crossed the SMA-3.
I would advise you not to trade the way you observed.

The following user says Thank You to perryg for this post:
 
  #1179 (permalink)
Trading Apprentice
Garner, NC/USA
 
Futures Experience: Advanced
Platform: Ninja Trader, thinkorswim
Broker/Data: thinkorswim, MBTrading
Favorite Futures: TF
 
Posts: 29 since Dec 2009
Thanks: 16 given, 33 received


Braulio View Post
Hello everyone,

I'm trying new some stuff with momentum bars and Perry's setup and thought I'd share my first impressions.

The pic is a comparison between regular range bars and momentum bars and besides having a 'cleaner' look, they also give cleaner signals at turnings points where the 4Range chart didn't. Momentum(2) is the equivalent of a Range(4) chart.

Again, this are my first impressions and I still have to test it more thoroughly.

Has anyone tried these momentum bars with Perry's method?

Thanks

Would you kindly give me a description of "momentum bars", or a link to same?

 
  #1180 (permalink)
Elite Member
Tampa, FL
 
Futures Experience: Advanced
Platform: NT, SC
 
Posts: 44 since Jun 2010
Thanks: 10 given, 32 received



koganam View Post
Would you kindly give me a description of "momentum bars", or a link to same?

Likely he's referring to the TradeStation version of Range Bars (that are gapless). Hopefully, he'll elucidate on it, but in case he doesn't, thought I'd provide that. Here's their description:
Momentum Chart


Closed Thread



futures io > > > Perrys Trading Platform

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Perrys Trading -> Strategy - development wgreenie NinjaTrader Programming 259 October 21st, 2015 02:22 PM
TradeVec trading platform Big Mike Platforms and Indicators 50 July 24th, 2011 09:48 AM
ATS Talks about Perrys rules ghman101 NinjaTrader 7 October 19th, 2010 09:52 AM
New Trading platform Michael.H The Elite Circle 19 September 16th, 2010 01:54 PM


All times are GMT -4. The time now is 12:57 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 2017-12-11 in 0.15 seconds with 20 queries on phoenix via your IP 107.20.115.174