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Perrys Trading Platform
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Created: by perryg Attachments:304

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Perrys Trading Platform

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


wgreenie View Post
Hi Perry

Please confirm my understanding on your earlier post esp your suggestion in bold and Underlined above. When should I start counting the bars? For example:

For a Long signal with FI and DMplus in Green + MA lines all align, go Long IF the black line EMA(5) has already gone up at least 2 bars. Else wait until we have at least 2 bars then go Long.

I wasn't aware of the 2 bars condition until now. Thank you.

Beth

Beth,
If I understand your question, you do not wait for the EMA5 to go up at least 2 bars if you have all the conditions right. For the conditions to be right, we must have HAD the EMA5 going up at least 2 bars to the setup bar. So if I have choosen a setup bar, I want to see that the EMA 5, from the setup bar backwards, has gone up at least 2 bars, this will guarantee that we are in an up side trade.

I hope this is clear now, if not come back at me with all your questions.

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  #132 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
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perryg View Post
... you do not wait for the EMA5 to go up at least 2 bars if you have all the conditions right.

Thanks Perry for your Prompt response and clarification.

Well, I haven't been paying attention to the bars (at least 2) before the signal bar LOL! I scanned through your set-up and almost everytime there're at least 2 bars aligned with the EMA5 .. smile ..

Enjoy a Relaxing weekend.

Beth

 
  #133 (permalink)
Elite Member
Brooklyn, NY
 
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Perry,
Thanks man excellent share. Too bad I didn't find this post sooner could have saved me some bucks. But, I am filtering the boomerang with some of the suggested indicators. Which helps detect chop and other gaps with this system. Looks like last Thursday's breakout would lead to bigger swings in the ES. We have had some tight ranges for awhile. When the market is compressed its a matter of time till it explodes like on Thurs. Hope to see continued big swings. I have seemed to rambled to much.

Thanks
Perry & The Notorious BIG Mike







"REMEMBER IF YOU TRADE AND MAINTAIN YOUR ACCOUNT BALANCE THE SAME, THE MARKET REWARDS YOU WITH $$$"

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  #134 (permalink)
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las vegas
 
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Perry Dots Method 1

I created dots for method 1. To make it easier to place the orders, the dot is plotted at the entry mark, i.e. highest high of the last 5 bars + 1 tick or lowest low of the last 5 bars - 1 tick. After the dot appears and you like the setup, then you can place the order right on the dot. I was looking at cl today on the 5-minute chart, and the highest high and lowest low criteria would have done a pretty darn good job of keeping you out of the chop early in the day. However, it occasionally creates a late entry, so I was contemplating adding a condition using the bollinger or specifying that the ema 5 has to be within a certain number of ticks from the ema 20. Anyone have any ideas? Also, I wasn't for sure if the force index should be ema 13 and ema 13?

Will work on method 2 this weekend.

Please check the logic for any errors.
//Buy Setup Bar
if (EMA(5)[0] >= EMA(5)[1]
&& EMA(
5)[1] >= EMA(5)[2]
&& EMA(
20)[0] > EMA(20)[1]
&& Low[
0] <= EMA(5)[0]
&& High[
0] >= EMA(20)[0]
&& Force_Index_v02(
"EMA", 13, "EMA", 13).FastLineAbove[0] > 0)
{
DrawDot(
"My dot Up" + CurrentBar, false, 0, High[HighestBar(High, 5)] + 1 * TickSize, Color.Green);
}

//Sell Setup Bar
if (EMA(5)[0] <= EMA(5)[1]
&& EMA(
5)[1] <= EMA(5)[2]
&& EMA(
20)[0] < EMA(20)[1]
&& High[
0] >= EMA(5)[0]
&& Low[
0] <= EMA(20)[0]
&& Force_Index_v02(
"EMA", 13, "EMA", 13).FastLineBelow[0] < 0)
{
DrawDot(
"My dot Down" + CurrentBar, false, 0, Low[LowestBar(Low , 5)] - 1 * TickSize, Color.Red);
}

Attached Files
Register to download File Type: zip PerryDots_Method1.zip (10.9 KB, 339 views)
The following 13 users say Thank You to vegasfoster for this post:
 
  #135 (permalink)
Elite Member
Rechovot
 
Futures Experience: Advanced
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vegasfoster View Post
I created dots for method 1. To make it easier to place the orders, the dot is plotted at the entry mark, i.e. highest high of the last 5 bars + 1 tick or lowest low of the last 5 bars - 1 tick. After the dot appears and you like the setup, then you can place the order right on the dot. I was looking at cl today on the 5-minute chart, and the highest high and lowest low criteria would have done a pretty darn good job of keeping you out of the chop early in the day. However, it occasionally creates a late entry, so I was contemplating adding a condition using the bollinger or specifying that the ema 5 has to be within a certain number of ticks from the ema 20. Anyone have any ideas? Also, I wasn't for sure if the force index should be ema 13 and ema 13?

Will work on method 2 this weekend.

Please check the logic for any errors.
//Buy Setup Bar
if (EMA(5)[0] >= EMA(5)[1]
&& EMA(
5)[1] >= EMA(5)[2]
&& EMA(
20)[0] > EMA(20)[1]
&& Low[
0] <= EMA(5)[0]
&& High[
0] >= EMA(20)[0]
&& Force_Index_v02(
"EMA", 13, "EMA", 13).FastLineAbove[0] > 0)
{
DrawDot(
"My dot Up" + CurrentBar, false, 0, High[HighestBar(High, 5)] + 1 * TickSize, Color.Green);
}

//Sell Setup Bar
if (EMA(5)[0] <= EMA(5)[1]
&& EMA(
5)[1] <= EMA(5)[2]
&& EMA(
20)[0] < EMA(20)[1]
&& High[
0] >= EMA(5)[0]
&& Low[
0] <= EMA(20)[0]
&& Force_Index_v02(
"EMA", 13, "EMA", 13).FastLineBelow[0] < 0)
{
DrawDot(
"My dot Down" + CurrentBar, false, 0, Low[LowestBar(Low , 5)] - 1 * TickSize, Color.Red);
}

Thank you for your contribution and ideas, I will check this out and let you have my input.

 
  #136 (permalink)
Elite Member
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Team,
I have been playing around with both the VHF and jtrealstats. When conditions are met with Perry's method (long lets say). I wait till jtrealstats is blue and VHF breakout from the shaded gray to an upward slope to go long. As soon as VHF turn to a 0 slope or downward slope I exit (both long and short). But this makes the chart look really busy if I add another indicator I'll pop this computer. Still tweaking might look into BB as suggested by Mr. Vegas.

Babypowder

 
  #137 (permalink)
Elite Member
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Futures Experience: Advanced
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Thanks: 504 given, 6,262 received


babypowder View Post
Team,
I have been playing around with both the VHF and jtrealstats. When conditions are met with Perry's method (long lets say). I wait till jtrealstats is blue and VHF breakout from the shaded gray to an upward slope to go long. As soon as VHF turn to a 0 slope or downward slope I exit (both long and short). But this makes the chart look really busy if I add another indicator I'll pop this computer. Still tweaking might look into BB as suggested by Mr. Vegas.

Babypowder

Could you please post a chart to see what you are explaining.

 
  #138 (permalink)
Elite Member
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Futures Experience: Advanced
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Broker/Data: CQG
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Posts: 1,703 since Jan 2010
Thanks: 504 given, 6,262 received


vegasfoster View Post
Also, I wasn't for sure if the force index should be ema 13 and ema 13?

REgarding the the ForceIndex, you only need ONE ema of 13. It can be the fast or the slow as you please.

The following user says Thank You to perryg for this post:
 
  #139 (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

VegasFoster


Quoting 
I created dots for method 1.

I have looked at the dot indicator, and the logic seems to be right, but the dots almost always come AFTER the entry point. I fully understand why this happens as you have to wait until the bar closes to put the dot. When you trade Price action, which my method is based, you must enter at the right point otherwise you will miss the trade, and we never want to chase a trade.

When I look at the chart, it is almost obvious when to enter based on my simple rules, and you generally have plenty of time to place a Stop order at the low/high of the entry bar. Your idea is very compendable, as there are places that one could have taken trades. In most cases it looks as though the dot should have been one bar before in order to give an alert to place a potential trade.

The following 2 users say Thank You to perryg for this post:
 
  #140 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
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Platform: NinjaTrader
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Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received



perryg View Post
When I look at the chart, it is almost obvious when to enter based on my simple rules, and you generally have plenty of time to place a Stop order at the low/high of the entry bar.

Hi Perry

Appreciate very much your clarification on entry bar please. I'm not sure if it's the signal bar when/where everything aligns for a trade OR it's the bar when/where one actually enters a trade?!! Your kind response will help my placing an effective SL. Thank you.

Beth


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