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Btsgrand Journal - TST 50K Combine
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Btsgrand Journal - TST 50K Combine

  #11 (permalink)
Trading Apprentice
Long Beach CA, USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: E Mini ES
 
Posts: 13 since Aug 2016
Thanks: 2 given, 38 received

Chart

Victorbravo

Please see my chart settings,

Its Volume chart - 2500 Volume
5, 21, 50 WMA of Typical Price,
OBV 21 Period and WMA of OBV 21 Period

I use 50 WMA for Trend
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  #12 (permalink)
Trading Apprentice
Long Beach CA, USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: E Mini ES
 
Posts: 13 since Aug 2016
Thanks: 2 given, 38 received

Failed Combine

Hit Loss limit of $1000 today. The funny part is the price where i got kicked out is the low of the day for NQ.

Low of the day for NQ is 4792.5 and my position is closed by Loss limit algorithm at 4792.25, may be it calculates the loss limit based on bid price.
If it would have closed my position at 4792.5 i would have continued with the combine.

Lessons learnt from combine
  • Never leave your computer if you are in a trade without a proper stop limit
  • Avoid scaling up when your losses are mounting.

Hopefully i will start another combine.


Last edited by btsgrand; September 22nd, 2016 at 04:06 AM.
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  #13 (permalink)
Trading Apprentice
Long Beach CA, USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: E Mini ES
 
Posts: 13 since Aug 2016
Thanks: 2 given, 38 received

My Strategy


Hi

My strategy is a trend following strategy. It's discretionary mechanical system
It is based on 5, 21, 50 WMA

if 5 and 21 WMA is above 50 WMA i will take only long trades

if (5 wma cross above 50 wma) or (21 above 50 and 5 cross above 21) take long trade on cross.
if in long trade and 5 wma cross below 21 and above 50 - go flat wait for it to resolve and decide

if 5 and 21 WMA is belwo 50 WMA i will take only short trades

if (5 wma cross below 50 wma) or (21 below 50 and 5 cross below 21) take short trade on cross.
if in short trade and 5 wma cross above 21 and 5 wma below 50 - go flat wait for it to resolve and decide

To avoid whipsaws and to decide entry and exit at the crossover points i look at OBV if there is any divergence

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  #14 (permalink)
Elite Member
Orlando FL
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES and CL
 
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Posts: 35 since Aug 2016
Thanks: 179 given, 37 received


btsgrand View Post
Hit Loss limit of $1000 today. The funny part is the price where i got kicked out is the low of the day for NQ.

Low of the day for NQ is 4792.5 and my position is closed by Loss limit algorithm at 4792.25, may be it calculates the loss limit based on bid price.
If it would have closed my position at 4792.5 i would have continued with the combine.

Lessons learnt from combine
  • Never leave your computer if you are in a trade without a proper stop limit
  • Avoid scaling up when your losses are mounting.

Hopefully i will start another combine.

So sorry to hear you hit the loss limit. Wow, and you were on roll with such good results. Odd that it would record your loss one tick below the low.

I suggest you reset and try again right away. You know what went wrong, and you can correct those two things. You're too good, and I'll bet you succeed the next time. Go for it and good luck. I'll be following along.

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  #15 (permalink)
Trading Apprentice
Long Beach CA, USA
 
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Platform: NinjaTrader
Favorite Futures: E Mini ES
 
Posts: 13 since Aug 2016
Thanks: 2 given, 38 received

Combine 2nd Attempt

Futures Edge on FIO

Which products do you trade?

 
Starting again
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  #16 (permalink)
Elite Member
Orlando FL
 
Futures Experience: Intermediate
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Favorite Futures: Emini ES and CL
 
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Posts: 35 since Aug 2016
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btsgrand View Post
Starting again
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Hey Btsgrand, glad to see you're back in. Another great start.
Keep up the good job, and stay focused. You can do it!

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  #17 (permalink)
Elite Member
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Broker/Data: Zen-Fire
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Awesome start

Well done big guy and this time go easy as bulk of your hard work has been done and no need to take extra risks...

Cherry pick your trades and just pass the combine

You know you can do it and you will succeed and always great to see members in here nail their strategy and win the game


Sharmas


btsgrand View Post
Starting again
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Last edited by sharmas; September 27th, 2016 at 01:49 AM.
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  #18 (permalink)
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Leeds UK
 
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Broker/Data: Interactive Brokers, CapitalSpreads, Oanda
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sharmas View Post
Cherry pick your trades and just pass the combine


This must be the right approach, I'm sure.

Watching with interest and wishing you good luck.

I don't trade ES, but am curious about constant-volume bars. If you can be bothered to reply to a non-Combine question, what would you say is the average volume per minute, or per 5 minutes (a) during the first hour or so of the S&P being open, (b) later in the day, and (c) out of S&P trading hours? I notice you're using 2,500V bars and there seems quite a bit of variability, but I'm not sure which time-zone your charts are set for?

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  #19 (permalink)
Trading Apprentice
Long Beach CA, USA
 
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Platform: NinjaTrader
Favorite Futures: E Mini ES
 
Posts: 13 since Aug 2016
Thanks: 2 given, 38 received

Passed Combine

Finally managed to pass combine Will be soon starting FTP
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  #20 (permalink)
Elite Member
Orlando FL
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES and CL
 
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Posts: 35 since Aug 2016
Thanks: 179 given, 37 received



btsgrand View Post
Finally managed to pass combine Will be soon starting FTP

Congratulations! That is great news. I'll be curious to hear how the FTP goes. When does it start?
I wish you the best and I know you can do it.

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