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Trading Journal - Reversal Bars


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Trading Journal - Reversal Bars

  #81 (permalink)
 fourtiwinks 
Singapore
 
Experience: Beginner
Posts: 206 since Jun 2011
Thanks Given: 526
Thanks Received: 201


tradethetick View Post
...The only filter I added was to no longer take reversal bars against a steep trend...

Thanks for sharing, tradethetick. Just a suggestion, you may wish to explore if an ATR trailing stop can help you filter or stay in the trend.

Here is the link to Fat Tails's SuperTrend indicator for NT7:
https://nexusfi.com/local_links_sort.php?catid=19&filter=&sort=d&page=1&pp=10&keyid=47

I'm still can't see the reversal bars myself, but I've attached a M3 chart for your reference. The simple ATR trailing stop setting is just 1-bar period and ATR=2. Hopefully, it may be of help to you..



Forgot to add that it is a lagging indicator, but I think if it's set to just a few bar periods, it can provide a current volatility range to look at.

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  #82 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374


fourtiwinks View Post
Thanks for sharing, tradethetick. Just a suggestion, you may wish to explore if an ATR trailing stop can help you filter or stay in the trend.

Here is the link to Fat Tails's SuperTrend indicator for NT7:
https://nexusfi.com/local_links_sort.php?catid=19&filter=&sort=d&page=1&pp=10&keyid=47

I'm still can't see the reversal bars myself, but I've attached a M3 chart for your reference. The simple ATR trailing stop setting is just 1-bar period and ATR=2. Hopefully, it may be of help to you..



Forgot to add that it is a lagging indicator, but I think if it's set to just a few bar periods, it can provide a current volatility range to look at.

Thank you. I will check that out! Much appreciated!!

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  #83 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374


No trades today.

Trade Results: 29 Trades. 20 Wins / 9 Losses. Ratio: 68.97%. MTD: +104 ticks (per 1 lot) YTD: +230 ticks (per 1 lot)

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  #84 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374

Trade:
Contract: Crude Oil
Entry signal: Inside Bar Short
Entry price: 103.0 (red)
Exit price: 102.9 (green) Target
Entry time: 7:08 A.M. (Pacific Time)
Ticks: +10 (per 1 lot)



Trade Results: 30 Trades. 21 Wins / 9 Losses. Ratio: 70%. MTD: +114 ticks (per 1 lot) YTD: +240 ticks (per 1 lot)

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  #85 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374

No trades on Friday.

Trade Results: 30 Trades. 21 Wins / 9 Losses. Ratio: 70%. MTD: +114 ticks (per 1 lot) YTD: +240 ticks (per 1 lot)

YTD is since March.

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  #86 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374

No trades today.

Trade Results: 30 Trades. 21 Wins / 9 Losses. Ratio: 70%. MTD: +0 ticks (per 1 lot) YTD: +240 ticks (per 1 lot)

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Thanked by:
  #87 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374

Contract: Russell
Entry signal: Reversal Bar Short
Entry price: 1126.9 (red)
Exit price: 1124.9 (green) Target
Entry time: 7:11 A.M. (Pacific Time)
Ticks: +20 (per 1 lot)



Trade Results: 31 Trades. 22 Wins / 9 Losses. Ratio: 70.97%. MTD: +20 ticks (per 1 lot) YTD: +260 ticks (per 1 lot)

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  #88 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374

No trades today.

Trade Results: 31 Trades. 22 Wins / 9 Losses. Ratio: 70.97%. MTD: +20 ticks (per 1 lot) YTD: +260 ticks (per 1 lot)

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  #89 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374

No trades today.

Trade Results: 31 Trades. 22 Wins / 9 Losses. Ratio: 70.97%. MTD: +20 ticks (per 1 lot) YTD: +260 ticks (per 1 lot)

Started this thread Reply With Quote
  #90 (permalink)
 
tradethetick's Avatar
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374


Trade:
Contract: Gold
Entry signal: Reversal Bar Long
Entry price: 1254.3 (green)
Exit price: 1253.2 (red) Stop
Entry time: 6:33 A.M. (Pacific Time)
Ticks: -11 (per 1 lot)

I did not follow my filter on this one. And wow! Was I on the wrong side of the market!!



Trade Results: 32 Trades. 22 Wins / 10 Losses. Ratio: 68.75%. MTD: +9 ticks (per 1 lot) YTD: +249 ticks (per 1 lot)

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Last Updated on February 2, 2015


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