GFIs1 HiLo DAX Signal - futures io
futures io futures trading



GFIs1 HiLo DAX Signal


Discussion in Trading Journals

Updated by GFIs1
      Top Posters
    1. looks_one GFIs1 with 103 posts (89 thanks)
    2. looks_two bmtrading9 with 26 posts (3 thanks)
    3. looks_3 Abde with 16 posts (6 thanks)
    4. looks_4 Falco11 with 11 posts (6 thanks)
      Best Posters
    1. looks_one AnasParis with 1.4 thanks per post
    2. looks_two GFIs1 with 0.9 thanks per post
    3. looks_3 Falco11 with 0.5 thanks per post
    4. looks_4 Abde with 0.4 thanks per post
    1. trending_up 20,071 views
    2. thumb_up 126 thanks given
    3. group 22 followers
    1. forum 178 replies
    2. attach_file 66 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
 

GFIs1 HiLo DAX Signal

(login for full post details)
  #1 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,179 since Feb 2012
Thanks: 5,213 given, 10,806 received

New Year - new GFIs1 approach

*** IMPORTANT NOTE to ALL readers first:
This thread has NO indication about entry or exit nor does it provide ANY signals! (live or not)
but is for testing reasons and discussing results ***

Goal: Finding an indicator that shows the turning point within a chart.

This is not that easy as it looks. Taking a chart and looking back - everything seems obvious.
Finding a signal that indicates where the price is really turning would be a nice help.
With that signal we could take a short at *around* the highest point and wait until the low
signal comes up to sell the short and to take a long instead. And vice versa.

Have tested in the last two years a signal on the Dax which seems to work.

Criteria:
a) Working with price on a VWAP band which starts every trading day new at 0 on full futures trading hours.
b) Looking at occurences when price is crossing the VWAP band boundaries.
c) Checking with the underlying Ichimoku cloud if the signal is valid or not.
d) Validation for a signal needs a move of more than 1% change since last signal.
If a valid signal is created - the trade will be closed / and a new one in the opposite direction will start.
This wil happen on the next bar after the signal (within minutes) - so the absolute maximum might not be reached.

A trade might run several days - so the margin levels of overnight and over the weekend need to be checked with
the broker.

Looking into some charts with next posts.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:

Can you help answer these questions
from other members on futures io?
Capping Size in Tradestation
TradeStation
FX Futures have been nagging me for a while
Currencies
QDEL
Stocks and ETFs
SC parameter optimization
Sierra Chart
Range bar differences in Tradestation vs. TOS
TradeStation
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Lost & losing hope
25 thanks
Finally Turning the Corner, tha "its 80% Psychology" thing...
22 thanks
Emini 4 Tick Scalp still valid?
18 thanks
Coronavirus COVID-19
13 thanks
Is back testing a waste of time?
13 thanks
 
(login for full post details)
  #3 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,179 since Feb 2012
Thanks: 5,213 given, 10,806 received


Looking at the latest charts here:
First took a Dax short Thursday after 14:30h:



Closed the short Friday 16:20 and taking a long at the same time.



Result 7773 - 7693 = 80 points (1,15% move)

GFIs1

.. a bigger picture in the next post.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #4 (permalink)
Germany
 
Experience: Intermediate
Platform: FlatTrader
Broker: GFT and Interactive Brokers
Trading: ES, DAX
 
Posts: 532 since Aug 2010
Thanks: 2,141 given, 726 received


GFIs1 View Post
New Year - new GFIs1 approach

*** IMPORTANT NOTE to ALL readers first:
This thread has NO indication about entry or exit nor does it provide ANY signals! (live or not)
but is for testing reasons and discussing results ***

Goal: Finding an indicator that shows the turning point within a chart.

This is not that easy as it looks. Taking a chart and looking back - everything seems obvious.
Finding a signal that indicates where the price is really turning would be a nice help.
With that signal we could take a short at *around* the highest point and wait until the low
signal comes up to sell the short and to take a long instead. And vice versa.

Have tested in the last two years a signal on the Dax which seems to work.

Criteria:
a) Working with price on a VWAP band which starts every trading day new at 0 on full futures trading hours.
b) Looking at occurences when price is crossing the VWAP band boundaries.
c) Checking with the underlying Ichimoku cloud if the signal is valid or not.
d) Validation for a signal needs a move of more than 1% change since last signal.
If a valid signal is created - the trade will be closed / and a new one in the opposite direction will start.
This wil happen on the next bar after the signal (within minutes) - so the absolute maximum might not be reached.

A trade might run several days - so the margin levels of overnight and over the weekend need to be checked with
the broker.

Looking into some charts with next posts.

GFIs1

Hi GFIs1,

Sounds interesting your new project and Im curious to your further posts!

Have I understand it correct, its a daily VWAP and you enter above/below high/low of the 3 hour chart? And if so, why not entering at 1 hour or 30 minute chart?

Thanks for posting,

Abde

Reply With Quote
 
(login for full post details)
  #5 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,179 since Feb 2012
Thanks: 5,213 given, 10,806 received

Looking on a 1h chart we see the ZigZag which indicates the biggest Hi/Lo of a leg.
The signals are not showed. These signals are detailed in the 3 minute chart as shown above.
Same leg down from above chart is on the right of the hourly chart here (+ 1,19% short).

Within 8 trading days this year we can see the following results (maximum is NOT tradeable as discussed in first post):



Short leg from december 28: 1,53%
Long leg 1,21%
Short leg 1,19% (see details in previous post)
Tradeable around 100 +80 + 80 = 260 points
This looks quite positive.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #6 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,179 since Feb 2012
Thanks: 5,213 given, 10,806 received


Abde View Post
Hi GFIs1,

... Have I understand it correct, its a daily VWAP and you enter above/below high/low of the 3 hour chart? And if so, why not entering at 1 hour or 30 minute chart?

Abde

It is a VWAP BAND... which starts every day newly.
The signal is generated in a 3 minute chart (post 3) - if a boundary of the band is "killed" the system
shows the signal which must then been verified with the other criteria to see if that IS a turning point.
So entering is possible on the next bar of the 3 min. chart.
Last pic is only to show the legs in a bigger picture of 8 trading days.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #7 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,179 since Feb 2012
Thanks: 5,213 given, 10,806 received

The VWAP band is the essential and main trigger of the signal.
But there are a lot more generated signals that do not show the highest or the lowest point in a chart.
So additional help was needed to filter out these non valid signals and to see only the
turning points to end/begin a new trade. This of course in real time and not lagging by hours.
Here comes the Ichimoku cloud handy in to see if the triggered signal is valid or not.
But the time frame on this use is very essential: as a daily Ichimoku cloud is showing
a very different cloud than on a 30 minute chart - the optimal timeframe had to be found and
tested out.
Optimal timeframe is a three minute chart to see the VWAP band along with the
Ichimoku cloud. Best results came from this combination.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #8 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,179 since Feb 2012
Thanks: 5,213 given, 10,806 received

Questions about the SL settings answered:
As long as the signals are accurate and valid - a stop loss is easily set in a very tight range.
We think of not going higher on the price "Hi" or not to go lower on a price "Lo". With these
extremes that should not been touched again a SL of 10 points as disaster stop in case of
a turning on a wrong signal seems adequate.
This is restraining the loss to a absolute minimum. If the signals are well the stops will never
be in use.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #9 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,179 since Feb 2012
Thanks: 5,213 given, 10,806 received

New signal here - closed long leg @ 7774
and taking a short.

All rules were ok here.

GFIs1

update: trade result + 84 points

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #10 (permalink)
Germany
 
Experience: Intermediate
Platform: FlatTrader
Broker: GFT and Interactive Brokers
Trading: ES, DAX
 
Posts: 532 since Aug 2010
Thanks: 2,141 given, 726 received



GFIs1 View Post
New signal here - closed long leg @ 7774
and taking a short.

All rules were ok here.

GFIs1

update: trade result + 84 points

Hi GFIs1,

Nice Trade

Do you use only the first VWAP StdDev band boundaries and has the Ichimoku cloud to be red for a short trade or do you just considering KijunSen and/or TenkanSen for entry? Im attaching todays chart and the cloud seems to be bullish at your short entry. Or did you enter prior to posting at the 3 minute candle from 10:51?

Thanks in advance for your answers

Attached Thumbnails
Click image for larger version

Name:	GFIs1 HiLo Short Signal.gif
Views:	148
Size:	79.3 KB
ID:	99455  
Reply With Quote


futures io Trading Community Trading Journals > GFIs1 HiLo DAX Signal


April 17, 2014


Upcoming Webinars and Events
     



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