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


Perrys Trading Platform
Updated: Views / Replies:350,321 / 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 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

Closed Thread
 304  
 
Thread Tools Search this Thread
 

Perrys Trading Platform

  #391 (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


wgreenie View Post
Thanks Perry for your prompt response to my earlier "trading time" question.

I need your guidance again on the enclosed Set Up (highlighted in an ellipse). It met all the entry rules EXCEPT ADX was red (below 25) and CHOP warning. 7 minutes later we had a green ADX + CHOP changed to TRADE. Yet price went up 4 ticks from the suggested entry. Did we rush in and place a Buy order? Or start all over again and wait for another Set Up bar?

My guess is: If a Set Up bar does not have all (incl ADX and TRADE criteria), it's not a Set Up bar at all.

I appreciate very much your clarifying the above for me please. Thank you.

Beth

First of all NEVER chase a trade or entry. Your setup could have been ok, as the Entry bar was the high of 2 bars before. i.e. you had every thing in your favour except the ADX - chop, but you see that the ADX started to turn up on the bar where your entry was, so you could have taken it. I hope this is clear. Because you placed the entry long before it really happened you can see the ADX turn up

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

I received a few private messages enquiring about my automation effort on Perry's set up. I finally have a "beta" version (using Method 1) that can trigger both Long and Short trades. If one has an effective money/trade management plan, he/she may benefit from it. Sorry that I do not have the required data or skill to analyze the performance results. Plus more importantly I have not sim-traded it yet as it's born only minutes ago. I have no intention to sim-trade it and rather plan to use it for signal alert only! I sincerely hope that its release will not trigger excessive back-and-forth dialogues that may dilute this thread's main objective. Please bear in mind that this is Perry's thread.

Note to the Moderator: It's a BETA version created by someone (me) who does not know the programming language. Please do not post it to the official Downloads section.

I created it to express my gratitude and appreciation to Perry who has been very generous in sharing his profitable set ups with us. A Big big round of applause to Perry!

Beth

Important Reminder: I have no idea if the strategy may consist of bugs that may harm your computer (hopefully not). It's in cs format assuming that you already have the required indicators. You will need to copy it to the Strategy folder and F5 compile.

The Strategy-Story goes on here now :

https://futures.io/ninjatrader-programming/5220-perrys-trading-strategy-development-2.html#post58316

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Thumbnails
Perrys Trading Platform-performance-summaries.jpg   Perrys Trading Platform-morning-session.jpg   Perrys Trading Platform-afternoon-session.jpg  

Last edited by max-td; August 29th, 2010 at 05:43 AM. Reason: I removed the strategy file as it performed funny when I market replayed it. Sorry! Will post it again after resolving the issues.
 
  #393 (permalink)
Elite Member
Kansas City, MO
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Futures
 
Posts: 36 since Jul 2010
Thanks: 494 given, 10 received


Hi Perry.

I really appreciate you posting your trading system, and taking all of the time to answer questions about it. I am looking forward to trying your system out. I use Tradestation as my trading platform. I know many of your indicators are custom indicators on Ninja. Do you know if theses indicators are available for Tradestation? Thanks once again for all of your work.

Gary

 
  #394 (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


mizzoutrader View Post
Hi Perry.

I really appreciate you posting your trading system, and taking all of the time to answer questions about it. I am looking forward to trying your system out. I use Tradestation as my trading platform. I know many of your indicators are custom indicators on Ninja. Do you know if theses indicators are available for Tradestation? Thanks once again for all of your work.

Gary

Sorry cannot help as I do not know

 
  #395 (permalink)
Elite Member
Sydney - Australia
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Velocity Futures
Favorite Futures: ES, 6E
 
Alan's Avatar
 
Posts: 155 since Jun 2009
Thanks: 1,441 given, 138 received

Hi Perry,

Please can you advise on this one. If you take a trade based on your setups etc and scalp the trade, instead of following the trade all the way, then once you have exited (at a profit hopefully) at what point would you re enter if the market continued to move in the same direction?

So for example, if the market was trending up, the black EMA 5 is above the Blue EMA 20 etc, then what trigger would you use to re enter the market again? Is there a trigger based on the DI+ showing a buy signal.

I hope this makes sense. Please advise your thoughts and ideas. Great thread - Alan

 
  #396 (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


Alan View Post
Hi Perry,

Please can you advise on this one. If you take a trade based on your setups etc and scalp the trade, instead of following the trade all the way, then once you have exited (at a profit hopefully) at what point would you re enter if the market continued to move in the same direction?

So for example, if the market was trending up, the black EMA 5 is above the Blue EMA 20 etc, then what trigger would you use to re enter the market again? Is there a trigger based on the DI+ showing a buy signal.

I hope this makes sense. Please advise your thoughts and ideas. Great thread - Alan

You can take a continuation trade ONLY if all the setup condition of method 1 are in place again - as if you had not taken any trade before and this is your first trade.

The following 3 users say Thank You to perryg for this post:
 
  #397 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received

I activated the strategy on 6E (sim trade of course) and it's triggering both Long and Short trades. Please be reminded that this BETA strategy only works on Range set up. Not minute or non-range ones because the Stop orders are based on counting HH or LL of 5 bars (incl Set Up one). If you're using non-range charts, you will need to change the code on Line Nos 83-84. Sorry that I don't know how. It took me hours to figure out how to count the bars LOL!

The manually tabulated performance results incl suggested trade/money management strategies are based on MFE. Please note that the strategy will trigger only 1-contract trades one direction. No BE/trail feature and No exit condition.

I am going to use it as my eyes.

Beth


The Strategy-Story goes on here now :

https://futures.io/ninjatrader-programming/5220-perrys-trading-strategy-development-2.html#post58316

Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Attached Thumbnails
Perrys Trading Platform-perry-set-up-working-sim.jpg  

Last edited by max-td; August 29th, 2010 at 05:46 AM.
The following 2 users say Thank You to wgreenie for this post:
 
  #398 (permalink)
Elite Member
Green Bay, WI
 
Futures Experience: Advanced
Platform: Ninja Trader
Favorite Futures: ES and Euro
 
Posts: 4 since Aug 2010
Thanks: 0 given, 0 received

Good morning, I have read through the tread and now would like to test it. I noticed the rules in post number 1 but have found many references to MA 20 instead of 40 and some other changes. Where can I find the current set of rules? Method 1 & Method 2?

Thank you very much for all of the help you are giving everyone.

 
  #399 (permalink)
Elite Member
Santa Maria
 
Futures Experience: Advanced
Platform: NinjaTrader, ThinkOrSwim
Broker/Data: Mirus/Zen-Fire
Favorite Futures: ES
 
Posts: 295 since May 2010
Thanks: 101 given, 320 received


penstock View Post
...Where can I find the current set of rules? Method 1 & Method 2?

They seem to be here:
https://futures.io/journals-daily-charts-chart-reading/3514-perrys-trading-platform-8.html#post35300
https://futures.io/journals-daily-charts-chart-reading/3514-perrys-trading-platform-8.html#post35318

However there is also an ADX (DM) component in practice which I've never seen formally incorporated into a list alongside these rules.

 
  #400 (permalink)
Elite Member
Fort Wayne, IN
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, Equities
 
Posts: 2 since Jun 2010
Thanks: 10 given, 1 received

Thanks perry


Perry and all other contributors to this thread thank you.

I have read the entire thread and believe I understand all the rules... next week I will go live trading and post my results. Thanks again.


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 01:18 PM.

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 54.145.16.43