NexusFi: Find Your Edge


Home Menu

 





Holy Grail


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one TheWizard with 175 posts (175 thanks)
    2. looks_two RJay with 23 posts (12 thanks)
    3. looks_3 ntsst3 with 17 posts (2 thanks)
    4. looks_4 lolu with 16 posts (0 thanks)
      Best Posters
    1. looks_one ThatManFromTexas with 3.3 thanks per post
    2. looks_two TheWizard with 1 thanks per post
    3. looks_3 cory with 0.7 thanks per post
    4. looks_4 RJay with 0.5 thanks per post
    1. trending_up 409,795 views
    2. thumb_up 275 thanks given
    3. group 128 followers
    1. forum 585 posts
    2. attach_file 117 attachments




Closed Thread
 
Search this Thread

Holy Grail

  #171 (permalink)
 
ntsst3's Avatar
 ntsst3 
Pittsburgh
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Zen-Fire
Trading: ES
Posts: 85 since Jun 2009
Thanks Given: 16
Thanks Received: 19

now that is cool. great charts V!

I'm just trying to make a few bucks everyday
Follow me on Twitter

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
How to apply profiles
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Increase in trading performance by 75%
The Elite Circle
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
34 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
18 thanks
GFIs1 1 DAX trade per day journal
16 thanks
Vinny E-Mini & Algobox Review TRADE ROOM
13 thanks
  #172 (permalink)
 jonesr9 
FL
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, 6E, CL
Posts: 71 since Jul 2009
Thanks Given: 159
Thanks Received: 34

Nice job on the charts Velocity.

  #173 (permalink)
 
yroyal's Avatar
 yroyal 
India
 
Experience: Intermediate
Platform: Ninjatrader
Posts: 66 since Jun 2009
Thanks Given: 14
Thanks Received: 32


thanks velocity, i will just import these files and check it out at my end....

  #174 (permalink)
 
tellytub's Avatar
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
Posts: 410 since Jun 2009
Thanks Given: 333
Thanks Received: 121

thankyou Velocity, I too will look at it on 6E

  #175 (permalink)
 
TheWizard's Avatar
 TheWizard 
Houston, TX
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Optimus Futures, AMP, CQG
Trading: 6E
Posts: 1,731 since Jun 2009
Thanks Given: 517
Thanks Received: 4,224


ntsst3 View Post
I'm thinking its not going to work on every singe time the indicators say go short and go long. These indicators rock but you need to trade it manually because it takes a human to recognize the mood of the market, where the support and resistance area's are, the speed the offers fill in or the speed the bids fill in. you get the point. I use the indicators to help me time my entries and exits but they aren't 100% I almost got stopped out this morning on a trade cause the indicators gave a signal and i took it.
well what I didn't notice is that we where nowhere near a support or resistance level, we were just floating in no man's land, i was just watching the indicators to turn color. I ended up keeping my cool and getting 4 ticks on 2 contracts, but i had to sit through some pain. look at the chart i posted.
A better entry would have been up at 998 are where the resistance was! but look the indicators were pointing down and i sucked in. see how later we went up to that level and reversed? and notice how we broke the trend I drew. THATS WHERE TO SHORT! and use the indicators to help you get in the entry. Thats how i'm trading it today ! Thanks WIZ u da man

edit: one more thing. you have to manage your stops properly! honestly! my stop on this was nearly 4 points. I placed it over the previous resistance at 999.50! people with 2 point stops your going to get whipped out of the market everytime i promise. thats how the Market Makers get their money. read the chart if you can't take the pain you can't play . got to get back to trading see you all later

Change the LBR310 settings from 3,5,10 to 3,16 10.

I got a few comments about the settings, added a 3,16,10 to my chart in addition to the 3,5,10 and noticed the 3,5,10 give 'early warning' but sometimes those early warnings are false! Yes, I, too got into trouble yesterday. Try the 3,16,10 settings and see if it doesn't look / perform better. Sorry about that. I should have tested more thoroughly before posting the indicator system.

After all, it's what you learn AFTER you know it all, that counts!
Started this thread
  #176 (permalink)
 
TheWizard's Avatar
 TheWizard 
Houston, TX
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Optimus Futures, AMP, CQG
Trading: 6E
Posts: 1,731 since Jun 2009
Thanks Given: 517
Thanks Received: 4,224


Velocity View Post
YRoyal,

Here you go. You will have to add the LBR310 twice and make one with transparent HPline.

Nice work. I'll check it out. Thank you.

After all, it's what you learn AFTER you know it all, that counts!
Started this thread
  #177 (permalink)
 
TheWizard's Avatar
 TheWizard 
Houston, TX
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Optimus Futures, AMP, CQG
Trading: 6E
Posts: 1,731 since Jun 2009
Thanks Given: 517
Thanks Received: 4,224

Velocity,

I tried out your modified HGV2 and found what ntsst3 found. Not tradeable. I SIM traded it & managed to lose over $1K (1 contract) up thru 1:30. Went short (based on my SMI2 / LBR310 & ADXVMA's at 1:30 & managed to recover about 500 of that. Glad it was SIM. I appreciate all the hard work you put into it & love what you did with the concept, but I like seeing the actual indicator lines because they tell you a lot you can't discern from the colored bars. I've attached a screenshot w/ commentary. Thank you for your contribution. Perhaps we can all learn more & build on this.

After all, it's what you learn AFTER you know it all, that counts!
Attached Thumbnails
Click image for larger version

Name:	Picture 1.png
Views:	366
Size:	187.3 KB
ID:	1099  
Started this thread
  #178 (permalink)
 
tellytub's Avatar
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
Posts: 410 since Jun 2009
Thanks Given: 333
Thanks Received: 121

TheWizard

The image you just uploaded don't look anything like my image, Im using Zenfire, wonder if its because you're using IB?

Here is my image of TF (233 tick)


  #179 (permalink)
 
TheWizard's Avatar
 TheWizard 
Houston, TX
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Optimus Futures, AMP, CQG
Trading: 6E
Posts: 1,731 since Jun 2009
Thanks Given: 517
Thanks Received: 4,224


tellytub View Post
TheWizard

The image you just uploaded don't look anything like my image, Im using Zenfire, wonder if its because you're using IB?

Here is my image of TF (233 tick)

Attachment 1100

Telly,

Yes. I am using IB (which filters & "interprets" trades to "generate" tick data. They do not provide historical tick data (sucks!). I'm thinking very strongly of cancelling my account & getting an account with Mirus & using Zen-Fire. ZEN FIRE USERS: To get your charts to look like mine, multiply by a factor of 4.94 (233 Tick on IB = 1151 Tick Zen Fire)

After all, it's what you learn AFTER you know it all, that counts!
Started this thread
  #180 (permalink)
 
tellytub's Avatar
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
Posts: 410 since Jun 2009
Thanks Given: 333
Thanks Received: 121


OK, here it is with 1151 tick, i think you could have made Tons of $$$



Closed Thread



Last Updated on January 3, 2015


© 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