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Small losses...large gains...sometimes
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Created: by Family Trader Attachments:17

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Small losses...large gains...sometimes

  #41 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
Posts: 179 since Feb 2011
Thanks: 66 given, 89 received


fusion View Post
Hi Family Trader

Thank you for your reply. Currently I have NinjaTrader 7 and CMO (it's probable OEC inbuilt indicator) is not avalable, I added EMA 100 to my ES chart. Could you check your indicator and let me know what the period of William's%R is? Please check the attachment for my request. TIA

CMO is Chande and it is on Ninja ...Williams set at 10...thanks for info on PM...fyi, distinct difference between my momentum 5 point price range and standard 5 point price range, but same logic can be applied.

Trader

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  #42 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
Posts: 179 since Feb 2011
Thanks: 66 given, 89 received


Family Trader View Post
CMO is Chande and it is on Ninja ...Williams set at 10...thanks for info on PM...fyi, distinct difference between my momentum 5 point price range and standard 5 point price range, but same logic can be applied.

Trader


Just to qualify...by "points" I am referring to ticks ...so to be clear it is 5 ticks=1.25 points...hope I haven't confused too many readers..


Trader

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  #43 (permalink)
Elite Member
East Coast
 
Futures Experience: Beginner
Platform: NinjaTrader,
Favorite Futures: es
 
Posts: 83 since Aug 2010
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Momentum Range Bar Type



Family Trader View Post
CMO is Chande and it is on Ninja ...Williams set at 10...thanks for info on PM...fyi, distinct difference between my momentum 5 point price range and standard 5 point price range, but same logic can be applied.

Trader

Hi Family Trader,

Thank you for the information. You stated in one of your posts that you intended to switch to NinjaTrader. Do you find NT has Momentum 5 Range Bar type which you use in OEC? I searched futures.io (formerly BMT) and Googled; but, I could not find anything about Momentum Range Bar type. Could you help?

Two more questions----a. What's the period for Chande Momentum Oscillator ? b. Does the time showing in your ES chart EST (Florida time)?

Best,

fusion

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  #44 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
Posts: 179 since Feb 2011
Thanks: 66 given, 89 received


fusion View Post
Hi Family Trader,

Thank you for the information. You stated in one of your posts that you intended to switch to NinjaTrader. Do you find NT has Momentum 5 Range Bar type which you use in OEC? I searched futures.io (formerly BMT) and Googled; but, I could not find anything about Momentum Range Bar type. Could you help?

Two more questions----a. What's the period for Chande Momentum Oscillator ? b. Does the time showing in your ES chart EST (Florida time)?

Best,

fusion

It seems to be unique to OEC...and I really like it....it seems to 'quieter' than the price bar.Maybe somebody can find out how they do it (formula)...beyond me...

No ..as stated earlier I am not going to go with Ninja....will definitely go with MultiCharts , but whether I stay with OEC is another matter...

CMO=14...yes it is EST...btw ..CMO is basically stochastics...I propose to use it for extemes breaking down...have not traded it earnestly though as it still 'work in progress'...

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  #45 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
Posts: 179 since Feb 2011
Thanks: 66 given, 89 received

Looks as though I should not have gone to bed last night as there were 2 trades ...the first ,because I was out

S 131775 and now L 131850 looking promising...that's the way it goes, I'm afraid...

Even more reason to get this strategy automated...

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  #46 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
Posts: 179 since Feb 2011
Thanks: 66 given, 89 received


Family Trader View Post
Looks as though I should not have gone to bed last night as there were 2 trades ...the first ,because I was out

S 131775 and now L 131850 looking promising...that's the way it goes, I'm afraid...

Even more reason to get this strategy automated...

Have stated trading a new series

S 131900

update

L 131925....profit goal is 132850...9 1/2 points


Last edited by Family Trader; March 7th, 2011 at 10:45 AM. Reason: update
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  #47 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
Posts: 179 since Feb 2011
Thanks: 66 given, 89 received

Somehow i have messed a posting....anyway looking for 131100 at end of series 2...will clean up later

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  #48 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
Posts: 179 since Feb 2011
Thanks: 66 given, 89 received

Got caught a couple of nasty flips in the process of completing trades to profit goal.

A flip is where I get reversed within the same bar...always makes me nervous ...

To make it a little more legible I will start from the beginning and point out the 'flips'

S 131900
L 131925
S 132075
L 132200...flipped
S 132100.....end of series 1...net 1 .75 loss

L 132175
S 132100
L 132225
S 132075...flipped

Profit goal reached 131100....the highest point of the sell side...

Net result series 1 ( 1.75)...series 2 19.50 - 7 =12 .5 - (1.75)= 10.75 net before comms.

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  #49 (permalink)
Elite Member
Palm Beach County
 
Futures Experience: Advanced
Platform: OEC about to change to Ninja
Favorite Futures: ES ,EUR/USD
 
Posts: 179 since Feb 2011
Thanks: 66 given, 89 received

Have another trade on...bit choppy with a flip

L131075
S130975
L 131100...flipped
S130900...2 point loss...it happens
L 131000
S 131000..series 2....closed 130900


Long night ahead...

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  #50 (permalink)
Elite Member
East Coast
 
Futures Experience: Beginner
Platform: NinjaTrader,
Favorite Futures: es
 
Posts: 83 since Aug 2010
Thanks: 272 given, 24 received

Chart Example



Family Trader View Post
Have another trade on...bit choppy with a flip

L131075
S130975
L 131100...flipped
S130900...2 point loss...it happens
L 131000
S 131000..series 2....closed 130900


Long night ahead...

Hi Family Trader,

May I suggest you to post your charts with Entry and Exit, please. TIA

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