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


Perrys Trading Platform
Updated: Views / Replies:354,166 / 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

  #581 (permalink)
Elite Member
East Coast
 
Futures Experience: Beginner
Platform: NinjaTrader,
Favorite Futures: es
 
Posts: 83 since Aug 2010
Thanks: 272 given, 24 received

ATM for Beginner


perryg View Post
ENTRY RULES:

ONLY TRADE IN THE DIRECTION OF THE EMA(20). Never try anything else. This will keep you in the money and sane, with no stress.

Trading Method 1:

Long Entries:

1. The EMA(20) - the coloured line - must be going UP. Colour = BLUE

2. The EMA(5) - the black line - must have gone UP at least 2 Bars or more.

3. The Setup bar LOW must be LESS than or touching the EMA(5) and the Setup bar HIGH must be greater than the EMA(20).

4. From the Setup bar, count 5 bars backwards including the setup bar.

5. ENTER the trade 1 tick/pip above the Highest High of the 5 bars.

6. Confirm that ForceIndex = BLUE


SHORT Entries:

1. The EMA(20) - the coloured line - must be going DOWN. Colour = RED

2. The EMA(5) - the black line - must have gone DOWN at least 2 Bars or more.

3. The Setup bar HIGH must be GREATER than or touching the EMA(5) and the Setup bar LOW must be less than the EMA(20).

4. From the Setup bar, count 5 bars backwards including the setup bar.

5. ENTER the trade 1 tick/pip below the Lowest Low of the 5 bars.

6. Confirm that ForceIndex = RED



To start out I would recommend using a 2 or 3 range chart because your stops can be very small. I would then recommend trading 2 contracts, with a proft target of 4 ticks for the first contract, and a 8 tick profit for the second contract. A total of 12. Your SL can then be 4 ticks. When the first target is reached, put SL to BE less 2 ticks. All this can be put into an ATM strategy. A trade like this can give you $150. A few of these a day can be good trading. Later on if your account grows you can put 4 or 6 contracts, and take less trades.

Hi Perry,

I was trying to following you suggestions to write an ATM Strategy. However, it seemed I didn't understand your calculation for the Stop Loss of second target; thus, I got an warning and failed to save the ATM template. Could you kindly correct my mistakes as shown in the two atttachments. TIA!

Good Trading to You!

Attached Thumbnails
Perrys Trading Platform-revised-atm.gif   Perrys Trading Platform-failure-save-template.gif  
 
  #582 (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


fusion View Post
Hi Perry,

I was trying to following you suggestions to write an ATM Strategy. However, it seemed I didn't understand your calculation for the Stop Loss of second target; thus, I got an warning and failed to save the ATM template. Could you kindly correct my mistakes as shown in the two atttachments. TIA!

Good Trading to You!

Your stop loss on the 2 nd target must be at least equal to 4.

The following user says Thank You to perryg for this post:
 
  #583 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received


today's markets where very active but perrys trading system did not worked good today

did anyone had the same results ?

The following user says Thank You to MetalTrade for this post:
 
  #584 (permalink)
Elite Member
Lubbock TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Stage 5 Trading
Favorite Futures: CL
 
MWinfrey's Avatar
 
Posts: 1,879 since Jul 2009
Thanks: 1,449 given, 3,306 received

Perry Strategy

I coded a strategy that seems to capture the essence of Perry's rules and wanted to put it out here for you all to take a look at. You can load it on a chart without Chart Trader. Need to be connected to your datafeed. I wrote this for nt version 6.5. Just import it and then put it on a chart. You will see a PNL report in the lower left corner. It's not as complete as what you get when running Strategy Analyzer but it's much quicker than Strategy Analyzer. Doing it this way makes my back of the envelope analysis much quicker. Anyway, if you're familiar with importing and using strategies then you shouldn't have any problems using this.

Let me know what you think.

Mike Winfrey

P.S. Just added nt 7 version.

By the way, there is an indicator included in each zip file named, DMPlusSignals. You can put this indicator on your trading charts without having the strategy loaded. It shows the entry signals by plotting a Green or Red dot. Also shows where your stop order should be. Just copy DMPlusSignals.cs from the zip file and paste it into your ...\bin\Custom\Indicator folder then compile it.

Moderator Note
October 10th 2010: The attachments for the automated strategy have been moved. Please use the new thread for all questions and answers to do with automating Perry's method. Perry has requested the two subjects remain separate. -- Big Mike

Thread:
https://futures.io/ninjatrader-programming/5220-perrys-trading-strategy-development-11.html#post67425



https://futures.io/ninjatrader-programming/5220-perrys-trading-strategy-development-11.html#post67425


Last edited by MWinfrey; October 10th, 2010 at 08:02 AM.
The following 9 users say Thank You to MWinfrey for this post:
 
  #585 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

I have this on NT7b22 when I try to import your strategy.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

 
  #586 (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


MetalTrade View Post
I have this on NT7b22 when I try to import your strategy.

Attachment 22249

It appears to have been written for 6.5, you just need to patch up DrawLine and DrawText.

 
  #587 (permalink)
Elite Member
Daphne
 
Futures Experience: Intermediate
Platform: TradeStation, TOS, Infinity, NT7
Broker/Data: As above
Favorite Futures: ES, 6E, 6B, 6J
 
Posts: 139 since Apr 2010
Thanks: 217 given, 80 received

Some days are like that...


MetalTrade View Post
today's markets where very active but perrys trading system did not worked good today

did anyone had the same results ?


Yes, I'm learning this is true too. When the market is very volatile, i.e. a higher than normal ATR (and I don't know what value that would be yet), then the "whippyness" of the market will take that stop right away. Range Charts and a fixed stop, just crumble under that scenario, due to the obvious reasons. I love the system, so, I realized that if I see the market is highly volatile...I just need to stay out. An example would be for an extended time frame after a major news upset...the market is just plain jittery. And even if you can get in a trade, because they happen so fast on a tight 4 range chart, then you are likely to get eaten alive from this higher than normal volatility. It would be good if we could come up with another indicator that told us No Trade if "it" was over X). Don't know if that would be ATR or some other indicator. On the other side of the equation, when the market is extremely slow, low volatility, then it does seem that the ADX protects us...wouldn't you agree? (albeit discipline is a major factor...we must obey our rules....even if that meant no trades for the whole %$*@ day!). Obviously it also risks being on the continual hunt to improve a good system, which may not be a good thing either, as we lose the KISS principle. Any thoughts/comments appreciated...especially Perry's wisdom (thanks to you again Perry!!!). ALSO, two other important things on my list (help please):

1. Would enjoy finding an existing, or starting a new, skype chat room, to watch/comment on setups as they happen. Key is finding people that are using almost the exact Method 1 and setup Perry uses (because alternate screens/indicators will only confuse the situation, albeit ears are always open), and trading 6E from like 6:30 - 8:30AM CDT; and TF from 8:30 - 11AM CDT daily (those are the instruments/times that fit me, so that is what I'm looking for, when I get success I'll expand to other instruments and time frames and other indicators/ideas perhaps). Newbies ok, but prefer someone with a little, or a lot, of trading experience. Prefer only disciplined, calm, and somewhat quiet traders as we don't want to miss good trades...I hope you understand my point

2. Would SO enjoy anyone's help getting Perry's method 1 into a NT7 strategy, to see it on screen, and then later to possibly auto-trade...but that is a way down the road for me as I've been burned there before for sure. I read the recent post on this but wouldn't know how to make those changes mentioned to get it functioning on NT7.

Feel free to contact me if you want to explore any of the above further. . Love the method and this forum, thanks, GregoryHohman@gmail.com 251/644-4772 (marketers don't bother) Greg.Hohman = skype

The following 2 users say Thank You to ghman101 for this post:
 
  #588 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

Sure, I'm in for a perry room.

I will investigate when we better don't use the Perry system. Maybe Perry can share his expierences.

 
  #589 (permalink)
Elite Member
Daphne
 
Futures Experience: Intermediate
Platform: TradeStation, TOS, Infinity, NT7
Broker/Data: As above
Favorite Futures: ES, 6E, 6B, 6J
 
Posts: 139 since Apr 2010
Thanks: 217 given, 80 received


MetalTrade View Post
Sure, I'm in for a perry room.

I will investigate when we better don't use the Perry system. Maybe Perry can share his expierences.


You know, I thought about my last post, and I'd have to say that I was likely wrong. I didn't do well Friday, but cannot decisively say it was the system's fault...I think it may have been MY fault...not carefully following the rules, and, while I had setup and read most all of the thread, sometimes more than once, I had not finished it. And just today I'm finding the rule about watching the 8 Range Chart first, which makes a LOT of sense, and also the Donchian Rectangle, which is kind of cool. The only way for me to truly judge this is to record my trades via Camtasia.com (free trial), so that is what I'm going to do, then I can go back and see if I followed every rule perfectly, and then, how many trades make, and how many don't make. Can't wait until we can get an NT7 indicator or strategy to help monitor it all (it's not that much but it does take concentration and discipline for sure) to ensure I don't make mistakes. Also, I have all my indicators set with "Calculate on bar close = FALSE" and don't know if that is a problem or not (I don't remember seeing anything on that in the thread, but may have missed it). Any comments on this setting from Perry or others is appreciated. I hope Columbus Day trading on Monday is good! gh Ps. let's do the room in about a week or two, ok? Send me an email or skype instant message if you don't mind, as a reminder, and I'll start it up.

 
  #590 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received


The FALSE setting is needed IMHO if your pc power can take it.


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)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

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 06:50 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 2017-12-13 in 0.18 seconds with 20 queries on phoenix via your IP 54.90.92.204