Trading PA with 20BB and Volume pattern indicator - futures io
futures io



Trading PA with 20BB and Volume pattern indicator


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one benbrooke with 69 posts (75 thanks)
    2. looks_two David_R with 22 posts (5 thanks)
    3. looks_3 Big Mike with 12 posts (14 thanks)
    4. looks_4 steve2222 with 11 posts (1 thanks)
      Best Posters
    1. looks_one Big Mike with 1.2 thanks per post
    2. looks_two benbrooke with 1.1 thanks per post
    3. looks_3 cory with 0.9 thanks per post
    4. looks_4 vast with 0.8 thanks per post
    1. trending_up 33,282 views
    2. thumb_up 123 thanks given
    3. group 20 followers
    1. forum 163 posts
    2. attach_file 66 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 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
 

Trading PA with 20BB and Volume pattern indicator

(login for full post details)
  #111 (permalink)
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 490 received

Both the angles and the MA

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Visit my futures io Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
NT8 Order Management Strategy
The Elite Circle
Big Mo Indicator for NT8
NinjaTrader
Multi Time Frame High/Low/Median levels
NinjaTrader
How do I create Strategy with the Second Entry indicator
NinjaTrader
Market on Close data within IB
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Is anyone actually making money?
88 thanks
An embarrassing, honest confession
25 thanks
Sierra vs. Ninja : why I chose .....
8 thanks
ApexTraderFunding.com experience and review
8 thanks
Want your NinjaTrader indicator created, free?
7 thanks
 
(login for full post details)
  #112 (permalink)
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 490 received

Guys,

i understand that its hard to know what to do when price are at the mid line
i was testing Stochastic Fast for this purpose and maybe this can help
personally i will not use it but i will watch it for the next week to see in real time if this is working

so the idea is like this:

1. add Stochastic fast with the setting of 3,12 show only %K
2. add constant line at the 50 level on the stochastic panel

when price are at the mid line check if Stochastic is above the 50 buy
when price are at the mid line check if Stochastic is below the 50 Sell

now if Stochastic are at oversold area when price at the mid line you can buy

I DIDNT TEST THIS!!!!

but from what i see in the chart its looks like it works

now if you are programmer and you read this post and you can take this idea and show this as histogram with colors i will really appreciate this.

thanks

Ben.

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Attached Thumbnails
Click image for larger version

Name:	Sto.png
Views:	320
Size:	96.8 KB
ID:	7846  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #113 (permalink)
 alex123 
Toronto
 
Experience: Intermediate
Platform: ninjatrader
 
alex123's Avatar
 
Posts: 266 since Aug 2009
Thanks: 165 given, 133 received


cause I saw a few persons' charts showing this indi like Mike's, would you show me how can I get this?

thanks

alex

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #114 (permalink)
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 259 received

Hi Ben,
Thank you for your ideas. How do you know that the stoch is going to cross zero? To me there is just as much indecision there on the collective cross as there is on that stoch cross. They both look like the same thing. Both happen at the same time. For instance look at the second stoch cross where price touches zero and then launches back up. I may have had it in mind to go short there if the 15 minute said it was ok.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #115 (permalink)
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 259 received


alex123 View Post
cause I saw a few persons' charts showing this indi like Mike's, would you show me how can I get this?

thanks

alex

Alex do a search on bmt collective. Mike posted the new collective this weekend in the bmt collective method thread. It's pretty cool.

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Dragon for this post:
 
(login for full post details)
  #116 (permalink)
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 490 received


Dragon View Post
Hi Ben,
Thank you for your ideas. How do you know that the stoch is going to cross zero? To me there is just as much indecision there on the collective cross as there is on that stoch cross. They both look like the same thing. Both happen at the same time. For instance look at the second stoch cross where price touches zero and then launches back up. I may have had it in mind to go short there if the 15 minute said it was ok.

Dragon ,

sto need to be above 50 not crossing 0 i just added a line at the 50 on sto and if sto is above that line and price is at the mid line i like to buy it

maybe all of us who using CMA should check this for a week and see if this is working

as i mention i didnt trade this setup and this idea came after people ask me about the slope and what to do in the mid line

i will watch it tomorrow and see the results as you can see if i have this setup today i wasnt loosing $800 on my failed trade

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #117 (permalink)
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 259 received

Sure I will check it out with you. I took the first trade you took today at the exact same spot and got out a little higher than you (makes me feel good ). The rest you took were pretty awesome. Makes me feel like I need to grow a pair.

I just realized that I said it needed to be crossing zero and I meant 50.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #118 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
 
Posts: 1,898 since Sep 2009
Thanks: 3,379 given, 1,540 received


benbrooke View Post
Ben ,

the rules for the Churn bars you can see in the beginning of my journal
as for the rest when Price above CMA buy above last bar close
when price below CMA short below last bar close

now the tricky part is when price at the mid line
so i like to fade first pull back to the midline

second time i will consider GAPs S/R and Price action

ben

Hi Ben,

I just ran through this period on Market Replay and had a couple of questions about how you apply those rules:

1/ Why did you not go long on any of the bar closes between 8.40 and 9.05 (your time) as the slope was up?

2/ Why did you not go long at the close of the downbar at 9.45 as price was above the midline with the slope up. Was it because that bar was such a strong down bar you used your discretion?

Reply With Quote
 
(login for full post details)
  #119 (permalink)
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 490 received

hey guys

good day today

has i promised i tested the Stochastic and it not a big help
so i will take it out and look to see if i can find a better way

all trades grade A

trades explanation are in the chart

ben

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Attached Thumbnails
Click image for larger version

Name:	Feb10.png
Views:	244
Size:	45.5 KB
ID:	7897   Click image for larger version

Name:	Feb10T.png
Views:	278
Size:	104.0 KB
ID:	7898  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #120 (permalink)
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 490 received


hey Steve

after i win in a trade i get more picky so i dont take every setup
its true that the setup was there but wasn't perfect for me but if you do take those trades you will win (maybe only 1st target )

as for the second pull back to the mid line - i wasnt next to my computer but still good trade and i took the next bar

hope this helps

ben

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Visit my futures io Trade Journal Started this thread Reply With Quote


futures io Trading Community Trading Journals > Trading PA with 20BB and Volume pattern indicator


Last Updated on March 20, 2010


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2023 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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