NexusFi: Find Your Edge


Home Menu

 


Quotes by TradingView
Go Back   >  Traders Hideout  > 



Perrys Trading Platform


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one perryg with 303 posts (915 thanks)
    2. looks_two wgreenie with 90 posts (66 thanks)
    3. looks_3 plethora with 83 posts (22 thanks)
    4. looks_4 MetalTrade with 34 posts (20 thanks)
      Best Posters
    1. looks_one zt379 with 4.5 thanks per post
    2. looks_two perryg with 3 thanks per post
    3. looks_3 monpere with 2 thanks per post
    4. looks_4 wgreenie with 0.7 thanks per post
    1. trending_up 744,579 views
    2. thumb_up 1,732 thanks given
    3. group 187 followers
    1. forum 1,206 posts
    2. attach_file 276 attachments




Closed Thread
Page 30 of 121 « First 202829 30313240 Last »
 
Search this Thread

Perrys Trading Platform

  #291 (permalink)
 
gulabv's Avatar
 gulabv 
Dallas, TX
Elite Member
 
Experience: Beginner
Platform: Ninjatrader
Broker: Zen-Fire
Trading: ZN, 6E
Posts: 286 since May 2010
Thanks Given: 161
Thanks Received: 169


perryg View Post
Sorry for the late reply.

Yes this is my main trading method. Stops are related to the size of the range bar. If you use 4 range bars then SL = 6-8, if you use 15 range bars then SL=17. It is normally about 2 ticks below the previous bar on entry. Targets are again according to the way you trade, if it is 1 or 2 contracts. If 2 contracts, then exit after 4-5 ticks if 4 range bars, and 9-10 ticks if 15 range bars. on close of entry bar move SL to BE+1.

Perry,

Quick question on stop loss placement. You mentioned "It is normally about 2 ticks below the previous bar on entry". Can you shed some light on why you choose the low of previous bar to the entry bar for stop placement?

Thanks,
gulab


Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
Trade idea based off three indicators.
Traders Hideout
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
MC PL editor upgrade
MultiCharts
 
  #292 (permalink)
 Affliction 
Springfield, MO
Elite Member
 
Experience: None
Platform: SC
Trading: ES
Posts: 107 since Mar 2010
Thanks Given: 2,373
Thanks Received: 45

Perry:

Please see attached (rectangles)

Could you please anotate the charts attached with your setup, entry and exit? I am pretty sure that I have the criteria implemented but for some reason, these two (there are others) are questionable for me.

By the way, I love the methodology. I am in the process of adapting it to fit my style (short, quick scalps, blah blah, blah, etc.).

Thanks for the support and I apologize for the trouble.

Attached Thumbnails
Click image for larger version Name: PerryG_1_2010-07-20_1921.png Views: 414 Size: 129.6 KB ID: 17261   Click image for larger version Name: PerryG_2_2010-07-20_1923.png Views: 350 Size: 86.6 KB ID: 17262  
  #293 (permalink)
 
perryg's Avatar
 perryg 
Rechovot
Elite Member
 
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



gulabv View Post
Perry,

Quick question on stop loss placement. You mentioned "It is normally about 2 ticks below the previous bar on entry". Can you shed some light on why you choose the low of previous bar to the entry bar for stop placement?

Thanks,
gulab

If you break the previous bar low then your original assumption for entering the trade was wrong and you should get out as soon as possible. The 2 ticks below is for leaway, as often it tests the previous bar low and then shoots off in the direction of your trade, so again we do not want to get stopped out of a potentially good trade.

Started this thread
  #294 (permalink)
 
perryg's Avatar
 perryg 
Rechovot
Elite Member
 
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


Affliction View Post
Perry:

Please see attached (rectangles)

Could you please anotate the charts attached with your setup, entry and exit? I am pretty sure that I have the criteria implemented but for some reason, these two (there are others) are questionable for me.

Attached are the answers to your question. I hope this helps.

Attached Thumbnails
Click image for larger version Name: Affliction1.png Views: 593 Size: 50.6 KB ID: 17264   Click image for larger version Name: Affliction2.png Views: 625 Size: 109.3 KB ID: 17265  
Started this thread
Thanked by:
  #295 (permalink)
 Affliction 
Springfield, MO
Elite Member
 
Experience: None
Platform: SC
Trading: ES
Posts: 107 since Mar 2010
Thanks Given: 2,373
Thanks Received: 45


perryg View Post
Attached are the answers to your question. I hope this helps.

Excellent!

I was confusing Method 1 and Method 2 or more to the point, I was apparently trying to using both at the same time to come up with one entry point (second graph).

Thanks for the response and clarification.

  #296 (permalink)
 Affliction 
Springfield, MO
Elite Member
 
Experience: None
Platform: SC
Trading: ES
Posts: 107 since Mar 2010
Thanks Given: 2,373
Thanks Received: 45

Perry,

I hate to ask, but could you tell me if the bar inside the highlighted ellipse (with arrow) is the setup bar for Method 1? Or am I off the mark again. Please see attached chart.

Thanks for your patience and a super method!!

Attached Thumbnails
Click image for larger version Name: PerryG_3_2010-07-21_0921.png Views: 515 Size: 61.8 KB ID: 17284  
  #297 (permalink)
 
perryg's Avatar
 perryg 
Rechovot
Elite Member
 
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


Affliction View Post
Perry,

I hate to ask, but could you tell me if the bar inside the highlighted ellipse (with arrow) is the setup bar for Method 1? Or am I off the mark again. Please see attached chart.

Thanks for your patience and a super method!!

YES, that is the setup bar. Good !!!!

Started this thread
Thanked by:
  #298 (permalink)
 
gulabv's Avatar
 gulabv 
Dallas, TX
Elite Member
 
Experience: Beginner
Platform: Ninjatrader
Broker: Zen-Fire
Trading: ZN, 6E
Posts: 286 since May 2010
Thanks Given: 161
Thanks Received: 169


perryg View Post
YES, that is the setup bar. Good !!!!

And the stop loss would have been 1078.50 ?

Thanked by:
  #299 (permalink)
 
perryg's Avatar
 perryg 
Rechovot
Elite Member
 
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


gulabv View Post
And the stop loss would have been 1078.50 ?

It looks like it, if it is 2 ticks below the low of the setup bar

Started this thread
Thanked by:
  #300 (permalink)
 
bizman70's Avatar
 bizman70 
toronto, ontario
Elite Member
 
Experience: Intermediate
Platform: ninja trader
Broker: sterling, iqfeed
Trading: es, nq, 6e
Posts: 363 since May 2010
Thanks Given: 41
Thanks Received: 140


the few last trades have the black line - what are the parameters for them - i assumed that we would have the ema 5 and also the ema 40 plus the hma-ema red/blue lines - so somehow i have an extra line or we stopped using ema 40 for this system and are only going with the ema 5

Visit my NexusFi Trade Journal

Closed Thread
Page 30 of 121 « First 202829 30313240 Last »



Last Updated on November 5, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts