NexusFi: Find Your Edge


Home Menu

 





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 740,616 views
    2. thumb_up 1,732 thanks given
    3. group 187 followers
    1. forum 1,206 posts
    2. attach_file 276 attachments




Closed Thread
 
Search this Thread

Perrys Trading Platform

  #591 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335

As good as Perry's rules are and how well he does with them, my observation is that they are still discretionary. You can't make a mechanical system out of them as they are nor do I think Perry intended them to be. Perry may have something to say about this but I just don't see how you can take every signal and be profitable. Assuming I coded the rules correctly, take a look at the PerryStrat and you'll see what I mean. Bottom line is that we still have to know the market we are trading in and pick the times that are best for trading. I think that's just a fact of our trading lives. Perry is gracious enough to share his rules with us but we have to figure out how and when to use them.

Please notice in my previous post that I made the changes in the PerryStrat so it will run in nt7.


Mike Winfrey

Thanked by:

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
 
  #592 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

Mike, thanks for the NT7 version, it works now.

Perry stated several times in past posts that this system is intended to take MANUALLY and by all means not automatically. Like I posted before I myself combine the Perry system with other common traders sense.

I backtested your strategy on the instruments I trade on and none of them was profitable. I would never run Perry's system automated. There are other systems better for it (Hurley ?)

  #593 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335


I should've know I wouldn't get away with not posting the DMPlusSignals separately. How's that for a wonderful use of a double negative. Anyway, here there are. I actually think this indicator is pretty useful. You minimize the loss of braincells trying to evaluate entries and as I get older I find I need those braincells.

Anyway, here they are.

Mike

Attached Files
Elite Membership required to download: DM3PlusSignals_nt65.zip
Elite Membership required to download: DMPlusSignals_nt7.zip
  #594 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

Mike, are these the same as the DMplus3a ? Or are they updated ones ?

  #595 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335


MetalTrade View Post
Mike, are these the same as the DMplus3a ? Or are they updated ones ?

Hmmm...I don't know. I only know the DMplus_v3a that I use wasn't changed by me as far as I can remember.
Why do you ask? Do you see something odd?

  #596 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335


MetalTrade View Post
Mike, thanks for the NT7 version, it works now.

Perry stated several times in past posts that this system is intended to take MANUALLY and by all means not automatically. Like I posted before I myself combine the Perry system with other common traders sense.

I backtested your strategy on the instruments I trade on and none of them was profitable. I would never run Perry's system automated. There are other systems better for it (Hurley ?)


You're welcome. I agree. I merely provide it here for information as opposed to advocating it's use for anything other than backtesting to learn the entries.

  #597 (permalink)
stockdisk
toronto,ontario
 
Posts: 15 since Nov 2009
Thanks Given: 6
Thanks Received: 33


JoeBlow View Post
You're welcome. I agree. I merely provide it here for information as opposed to advocating it's use for anything other than backtesting to learn the entries.

Thanks Mike,this will be helpful.

  #598 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,404 since Jun 2009
Thanks Given: 33,181
Thanks Received: 101,542

Guys, please take note there is a separate thread for the automated strategy for Perry's system. Perry did not want it in this thread the last time this came up.

See here:


I suggest re-posting your stuff there, and please ask and answer all questions related to automation in that thread.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal
  #599 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335

oh wow. i kind of remember that way back in the dark recesses of my brain. My apologies.

I'll get it all moved in a bit.

Mike

  #600 (permalink)
 fusion 
East Coast
 
Experience: Beginner
Platform: NinjaTrader,
Trading: es
Posts: 83 since Aug 2010
Thanks Given: 272
Thanks Received: 25


Hi Perry,

The chart presented is an 8 Range of 4 Range-8 Range-pair. I have two questions regarding Setup Bar:

a) Is Bar C a Setup Bar?

b) If slope between A and B is flat (shown in red horizontal line), is Bar C a Setup Bar?

TIA! Good Trading to You!

Attached Thumbnails
Click image for larger version

Name:	EMA Slope.gif
Views:	351
Size:	33.0 KB
ID:	22354  

Closed Thread



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