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Perrys Trading Platform

  #501 (permalink)
 
tickvix's Avatar
 tickvix 
USA
 
Experience: Intermediate
Platform: Infinity
Broker: Infinity
Trading: ES, Euro
Posts: 232 since Feb 2010
Thanks Given: 137
Thanks Received: 157

Hi Perry

I have a question. I like to try to trade your system on Euro but using min chart 3, 12, 24 min. Would you make any changes to settings on Force Index and ADX?
Currently I'm using
Force Index EMA Fast 13 and EMA Slow 13 calculate on bar close
ADX 5
5 EMA
20 EMA

Thank you

TickVix/Gregory


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  #502 (permalink)
 
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 perryg 
Rechovot
 
Experience: Advanced
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tickvix View Post
Hi Perry

I have a question. I like to try to trade your system on Euro but using min chart 3, 12, 24 min. Would you make any changes to settings on Force Index and ADX?
Currently I'm using
Force Index EMA Fast 13 and EMA Slow 13 calculate on bar close
ADX 5
5 EMA
20 EMA

Thank you

TickVix/Gregory

For time charts, you may look at a 40 SMA in place of the 20 EMA, all the others are fine.

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  #503 (permalink)
 
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 tickvix 
USA
 
Experience: Intermediate
Platform: Infinity
Broker: Infinity
Trading: ES, Euro
Posts: 232 since Feb 2010
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perryg View Post
For time charts, you may look at a 40 SMA in place of the 20 EMA, all the others are fine.

Thank you for all your help!!!

TickVix

  #504 (permalink)
 
vast's Avatar
 vast 
Australia
 
Experience: Intermediate
Platform: Ninja
Posts: 167 since Jun 2009
Thanks Given: 154
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Perry
I was wondering if you ever exit a trade before it meets a stop or target?
ie.Entering a trade that then goes into a small trading range (chop)
Have had a couple that after entering died and stayed in a small range.
Ended up getting stopped and felt that it would have been better to have exited earlier.

Regards

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  #505 (permalink)
 
perryg's Avatar
 perryg 
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Experience: Advanced
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Broker: CQG
Trading: Index,Currency and Energy futures
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vast View Post
Perry
I was wondering if you ever exit a trade before it meets a stop or target?
ie.Entering a trade that then goes into a small trading range (chop)
Have had a couple that after entering died and stayed in a small range.
Ended up getting stopped and felt that it would have been better to have exited earlier.

Regards

Absolutely. If you see that the trade is not taking off in your direction after a few bars, get out even at a small loss. There are other trades up the line. Normally a good entry, will see your trade go in the right direction almost immediately.

Started this thread
  #506 (permalink)
 
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 longway20 
Corse - France
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Kinetick
Trading: YM, ETF
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Hello Perry,


Thank you for your file. I join join you my template under NT7 for your trading platform.

I inserted an indicator named EMAcrossedvisual which has been mainly develloped with the help of Cory.

It was simple when the fast EMA (5) crosses above the slow EMA (20) the color is green and when it crosses below it's red.

It's easier to visualize for me.

Best regards

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  #507 (permalink)
 
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 perryg 
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longway20 View Post
Hello Perry,


Thank you for your file. I join join you my template under NT7 for your trading platform.

I inserted an indicator named EMAcrossedvisual which has been mainly develloped with the help of Cory.

It was simple when the fast EMA (5) crosses above the slow EMA (20) the color is green and when it crosses below it's red.

It's easier to visualize for me.

Best regards

Thank you. I must point out that do not get confused with the crossing of the 5 and the 20 EMA, as they have no significance in the setup method.

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  #508 (permalink)
 
vast's Avatar
 vast 
Australia
 
Experience: Intermediate
Platform: Ninja
Posts: 167 since Jun 2009
Thanks Given: 154
Thanks Received: 62

Trade from today. Still trying to get the hang of it.

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  #509 (permalink)
 
perryg's Avatar
 perryg 
Rechovot
 
Experience: Advanced
Platform: NinjaTrader
Broker: CQG
Trading: Index,Currency and Energy futures
Posts: 1,644 since Jan 2010
Thanks Given: 508
Thanks Received: 6,288


vast View Post
Trade from today. Still trying to get the hang of it.

I am not sure from the chart, was your FIRST trade a LONG entry. If so, the entry is incorrect as it is not according to the rules, even though it seems to have turned out to be a good trade.

Started this thread
  #510 (permalink)
 
vast's Avatar
 vast 
Australia
 
Experience: Intermediate
Platform: Ninja
Posts: 167 since Jun 2009
Thanks Given: 154
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It was a short setup. Entry was 1 tick below 2 bars earlier.
In hindsight the setup bar was 3 bars earlier.


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