THREE SET UPS - futures io
futures io



THREE SET UPS


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Jeff Castille with 215 posts (429 thanks)
    2. looks_two cunparis with 146 posts (154 thanks)
    3. looks_3 shodson with 125 posts (211 thanks)
    4. looks_4 Fat Tails with 73 posts (189 thanks)
      Best Posters
    1. looks_one Fat Tails with 2.6 thanks per post
    2. looks_two Jeff Castille with 2 thanks per post
    3. looks_3 shodson with 1.7 thanks per post
    4. looks_4 cunparis with 1.1 thanks per post
    1. trending_up 223,728 views
    2. thumb_up 1,368 thanks given
    3. group 125 followers
    1. forum 1,073 posts
    2. attach_file 239 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
 

THREE SET UPS

(login for full post details)
  #901 (permalink)
 babypowder 
Brooklyn, NY
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus/IB/FinFx
Trading: ES, Forex
 
babypowder's Avatar
 
Posts: 182 since Apr 2010
Thanks: 202 given, 199 received

Good Stuff,
I like this EMA setup. Maybe looking at a smaller time frame chart one can enter earlier with a smaller stop. But most of the time a bullish/bearish flag is forming and hh, hl & lh, ll are hard to identify.

Happy Trading,
Babypowder

Reply With Quote

Can you help answer these questions
from other members on futures io?
NT8 - Footprint Chart adding on code
NinjaTrader
Hey! Is there a way to change the date and symbol on a c …
EasyLanguage Programming
Historical Tick Data for E-mini Futures
The Elite Circle
Move SL or TP with pointer and keys
NinjaTrader
use of Ultimate Oscillator in NT8
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
12 thanks
Cycle Analysis... a way of looking at price action.
8 thanks
Want your NinjaTrader indicator created, free?
7 thanks
Basic Education for Beginner Trader
7 thanks
TST/OneUp/LeeLoo/Earn2Trade
4 thanks
 
(login for full post details)
  #902 (permalink)
 shodson 
OC, California, USA
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,969 since Jun 2009
Thanks: 533 given, 3,683 received


cunparis View Post
I see you're optimizing on the target in relation to bar size. What is the stop?

15 trades isn't enough sample size. Can you repeat it for a longer period and then see how it does? Better yet, do the previous 3 months excluding the past 4 weeks and find the optimal value and then test the next 4 weeks with those values without optimizing them. I'd love to see the results.

Thanks for sharing.

Stop is at the other side of the IB, I'm only optimizing targets, not stops. The target is optimized as a factor of IB size, so the "1.9" run means target = 1.9 * IB size, stop still = 1.0 * IB size. Ideally, I think target should be a factor of a daily ATR, because just using a factor * IB size will not work consistently as the market changes it's degree of volatility, though you'd think the IBs would line up with the market's current volatility, but it might not.

I just don't have a good DB of fresh continuous tick data in Ninja. I'd love to do more tests to, but I literally test each contract separately. I've tried "Merge data" and creating my own CL-##-## and then adding data to it, but I always have problems. Makes me want to go back to Tradestation. Maybe NT7 handles it better, but I don't like using software that not even the vendor thinks is good enough to take out of beta, especially if I want it to manage money for me.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to shodson for this post:
 
(login for full post details)
  #903 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,088 received



shodson View Post
I just don't have a good DB of fresh continuous tick data in Ninja. I'd love to do more tests to, but I literally test each contract separately. I've tried "Merge data" and creating my own CL-##-## and then adding data to it, but I always have problems. Makes me want to go back to Tradestation. Maybe NT7 handles it better, but I don't like using software that not even the vendor thinks is good enough to take out of beta, especially if I want it to manage money for me.

If I had crude data on TS I'd try exporting tick data but I'm no longer subscribed. I used to make continuous data with NT all the time. I think I did it like this:

export a month's data. hardest part is knowing the rollover dates
rename the file to CL ##-##.txt
import it
then repeat for each other month

that way is very simple and it works great. There will be gaps at the rollover days but that's only an issue if holding positions overnight which I never did with crude.

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #904 (permalink)
 jtrade 
near Amsterdam
 
Experience: Advanced
Platform: NinjaTrader
Trading: 6B, 6E
 
jtrade's Avatar
 
Posts: 323 since Feb 2010
Thanks: 430 given, 332 received

I have CL data in TS8 & would be happy to export a file to shodson if he is interested & if perhaps cunparis would tell me exactly how to do it (I know he does just that in the post above, but I am thinking that for a longer data period, shouldn't one of the newer "spliced" contracts be used, which I think would be called something like "@CLZ10" ?). I haven't used these newer continuous contracts, but I think they were desgigned for intraday backtesting - any idea, cunparis ?

Reply With Quote
 
(login for full post details)
  #905 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,088 received


jtrade View Post
I have CL data in TS8 & would be happy to export a file to shodson if he is interested & if perhaps cunparis would tell me exactly how to do it (I know he does just that in the post above, but I am thinking that for a longer data period, shouldn't one of the newer "spliced" contracts be used, which I think would be called something like "@CLZ10" ?). I haven't used these newer continuous contracts, but I think they were desgigned for intraday backtesting - any idea, cunparis ?

The only advantage I see with TS continuous contracts are they avoid having to do the merge manually and they adjust the prices to remove the gaps present at rollover. This is important if one is holding more than 1 day and/or looking at price levels from the past. If one is basing all their decisions on intraday data then the continuous contract doesn't really help much.

There is a ninja indicator for tradestation to do the export. I'm not sure if it works with tick data or not.

You can find info on the ninja indicator for TS here:

http://ww25.ninjatrader-support.com/HelpGuideV6/helpguide.html?OnMarketData&subid1=20220626-0952-173a-ad10-8e61375f0f5e

Follow me on Twitter Reply With Quote
The following user says Thank You to cunparis for this post:
 
(login for full post details)
  #906 (permalink)
 shodson 
OC, California, USA
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,969 since Jun 2009
Thanks: 533 given, 3,683 received


cunparis View Post
If I had crude data on TS I'd try exporting tick data but I'm no longer subscribed. I used to make continuous data with NT all the time. I think I did it like this:

export a month's data. hardest part is knowing the rollover dates
rename the file to CL ##-##.txt
import it
then repeat for each other month

that way is very simple and it works great. There will be gaps at the rollover days but that's only an issue if holding positions overnight which I never did with crude.

I'll try that. I usually roll-over around the 19th or 20th of the month for my testing. Does that sound reasonable to you other CL traders?

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #907 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 841 received


shodson View Post
I'll try that. I usually roll-over around the 19th or 20th of the month for my testing. Does that sound reasonable to you other CL traders?

That works good.

Reply With Quote
 
(login for full post details)
  #908 (permalink)
 revtrader 
PA
 
Experience: Advanced
Platform: NT
 
revtrader's Avatar
 
Posts: 61 since Jul 2009
Thanks: 180 given, 44 received


shodson View Post
I'll try that. I usually roll-over around the 19th or 20th of the month for my testing. Does that sound reasonable to you other CL traders?

Here are the volume roll-over dates as I recorded them.

From To Contract
12/18/2009 - 1/18/2010 02-10
1/19/2010 - 2/18/2010 03-10
2/19/2010 - 3/18/2010 04-10
3/19/2010 - 4/18/2010 05-10
4/19/2010 - 5/17/2010 06-10
5/18/2010 - 6/18/2010 07-10
6/19/2010 - 7/18/2010 08-10
7/19/2010 - 8/17/2010 09-10
8/18/2010 - 9/17/2010 10-10
9/18/2010 - 10/17/2010 11-10
10/18/2010 - 12-10

Reply With Quote
The following 3 users say Thank You to revtrader for this post:
 
(login for full post details)
  #909 (permalink)
esam_jir
israel
 
 
Posts: 30 since Dec 2009
Thanks: 0 given, 4 received

I did a nice plan how to trade the inside and outside bar, and until now it work for me nice. iam interested to make it automated, so anyone know where i can find a programer to make a ninja trader strategy? how much that might cost?

Reply With Quote
 
(login for full post details)
  #910 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,182 since Jun 2009
Thanks: 32,681 given, 99,579 received



esam_jir View Post
I did a nice plan how to trade the inside and outside bar, and until now it work for me nice. iam interested to make it automated, so anyone know where i can find a programer to make a ninja trader strategy? how much that might cost?

There is a thread for hiring programmers (not free) here:



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/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote


futures io Trading Community Trading Journals > THREE SET UPS


Last Updated on May 15, 2014


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2022 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