Simple Parabolic - futures io
futures io futures trading



Simple Parabolic


Discussion in Trading Journals

Updated by tauatrader
      Top Posters
    1. looks_one AAlekperov with 12 posts (6 thanks)
    2. looks_two sandptrader with 6 posts (3 thanks)
    3. looks_3 ThatManFromTexas with 3 posts (0 thanks)
    4. looks_4 Big Mike with 2 posts (2 thanks)
      Best Posters
    1. looks_one Big Mike with 1.0 thanks per post
    2. looks_two tflanner with 1.0 thanks per post
    3. looks_3 AAlekperov with 0.5 thanks per post
    4. looks_4 sandptrader with 0.5 thanks per post
    1. trending_up 4,670 views
    2. thumb_up 12 thanks given
    3. group 11 followers
    1. forum 28 replies
    2. attach_file 13 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Simple Parabolic

(login for full post details)
  #21 (permalink)
Lagos, Nigeria
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,490 since Jun 2009
Thanks: 1,025 given, 1,658 received


sandptrader View Post
Well i use it for Confirmation, and if i do enter the Market on another Indicators Signal other than PSAR and it does not soon appear to Confirm i will look to tighten my Stop.
Also i do use it for Trailing my Stop and it also helps me to stay in a move.
You can see how i have my Charts set up as i use more than one size of the Renko bar chart, but with the same Indicators.

How do you make the Renko bar to have wick(s) ?

Lolu

Visit my futures io Trade Journal Reply With Quote

Can you help answer these questions
from other members on futures io?
Delta PVP ( POC )
MultiCharts
Das Trader Pro
Platforms and Indicators
Thanksgiving 2020 Fundraiser - lets be grateful!
Feedback and Announcements
Order Data Export Plugin-- Is it possible?
NinjaTrader
Convert H Data TS to NT
NinjaTrader
 
 
(login for full post details)
  #22 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,880 given, 472 received


lolu View Post
How do you make the Renko bar to have wick(s) ?

Lolu

@ LuLu....i am using the Better Renko now in my charts instead of the standard Renko in Ninjatrader.

Reply With Quote
The following user says Thank You to sandptrader for this post:
 
(login for full post details)
  #23 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,880 given, 472 received


Lulu this is what i am using now, as the bar type is Better Renko.

Attached Thumbnails
Click image for larger version

Name:	CL 10-13 (8 BetterRenko)  8_30_2013c.jpg
Views:	152
Size:	121.2 KB
ID:	122306  
Reply With Quote
 
(login for full post details)
  #24 (permalink)
Mérida, Mexico
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: ES
 
michaelf's Avatar
 
Posts: 524 since Mar 2011
Thanks: 1,301 given, 552 received


sandptrader View Post
Lulu this is what i am using now, as the bar type is Better Renko.


Hi @sandptrader

I see in your chart an cyan/magenta dot MA, would it be posible to share what exactly it is?


thank you

michael

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #25 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,880 given, 472 received

@ lolu...i am very sorry for spelling your name wrong, i did not realize i spelled your name wrong until just now when i look back through this thread.
also you asked earlier in a Post about wicks and i told you i used BetterRenko , but forgot to mention that the other indicator i use is HeikinAshi ,and i believe it is Fat Tails version.
This is why the bars look this way in the chart.

Attached Files
Register to download File Type: cs anaHeikinAshi.cs (27.0 KB, 15 views)
Register to download File Type: zip anaHeikinAshi.zip (4.7 KB, 32 views)
Reply With Quote
The following user says Thank You to sandptrader for this post:
 
(login for full post details)
  #26 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,880 given, 472 received


michaelf View Post
Hi @sandptrader

I see in your chart an cyan/magenta dot MA, would it be posible to share what exactly it is?


thank you

michael

here is the Indicator:

Attached Files
Register to download File Type: cs WMA_Colors.cs (11.6 KB, 9 views)
Register to download File Type: zip WMA_Colors.zip (2.4 KB, 33 views)
Reply With Quote
The following user says Thank You to sandptrader for this post:
 
(login for full post details)
  #27 (permalink)
Chicago, IL
 
Experience: Advanced
Platform: Ninja
Broker: Ninja
Trading: ES, Ym, NQ, VTI, SPY, VXUS
 
Posts: 166 since Jan 2013
Thanks: 797 given, 314 received

sand p trader-
I am a reading a book that discusses a Parabolic System:

the rules are:
-Use a 18 day DMI and ADX
-Do Not initiate any trades when ADX is downward
-When ADX begins moving upward, enter in the direction of the DMI...only if the Parabolic agrees. If the Parabolic does not agree...what until it does.
-Once a trade is entered use the Parabolic as a stop to exit

I am using a 14 day DMI and ADX. I trade another strategy but I have been observing this trade for a bit,

My goal is to reduce the frequency of my trading to 3 to 4 trades a day...with 2 runners. I would appreciate your or anyone else's thoughts.

thanks

Reply With Quote
The following user says Thank You to tflanner for this post:
 
(login for full post details)
  #28 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,131 since Jun 2009
Thanks: 31,794 given, 95,668 received


tflanner View Post
My goal is to reduce the frequency of my trading to 3 to 4 trades a day...with 2 runners. I would appreciate your or anyone else's thoughts.

Start a new thread. This thread is a journal for the user @AAlekperov, even though he isn't active any longer. It's not a general thread.

Short answer: Increase chart size. This is the best "filter" in the world, but the one no one wants to do because they are afraid to trade bigger. My solution is bigger chart, bigger stop, bigger target -- and simply adjust your size, or instrument/product, as necessary to accommodate appropriate risk for your account.

Trying to use indicators to "filter" is a futile thing.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #29 (permalink)
Perth Australia
 
 
Posts: 3 since Jan 2015
Thanks: 3 given, 1 received

Looks good
I wish I could figure out how to actually post into the journal area etc

Reply With Quote


futures io Trading Community Trading Journals > Simple Parabolic


June 29, 2015


Upcoming Webinars and Events
 

Bookmap

Nov TBD
     



Copyright © 2020 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