MicroTrends EasyTrader does it work? trader opinions needed pls. - futures io
futures io



MicroTrends EasyTrader does it work? trader opinions needed pls.


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one nanook77 with 2 posts (0 thanks)
    2. looks_two papa15 with 1 posts (1 thanks)
    3. looks_3 MicroTrends with 1 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 4,310 views
    2. thumb_up 1 thanks given
    3. group 4 followers
    1. forum 4 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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
 

MicroTrends EasyTrader does it work? trader opinions needed pls.

(login for full post details)
  #1 (permalink)
 nanook77 
OKC, OK
 
Experience: Advanced
Platform: Ninja Trader, Trade Navigator. ToS
Broker: PFG/CQG
Trading: forex, futures
 
nanook77's Avatar
 
Posts: 23 since Jun 2010
Thanks: 84 given, 8 received

A company calling itself MicroTrends has a group of indicators, including an ATM replacements for the NT7. They seem to require traders to open an account with Optimus in order to have access to the software. They allow simulated testing only, so can not try in real life without moving account etc. Does anyone know anything about this company or platform?

Visit my futures io Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Weather services for trading NG
Trading Reviews and Vendors
NT8 connectivity by FXI API to unsupported brokers?
NinjaTrader
Multichart NET set signal parameters different than the …
MultiCharts
Tradenlernen martin popov
Trading Reviews and Vendors
MBoxWave for Sierra Chart for sale 50%
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on futures io
How much do you know about Bitcoin?
129 thanks
I finally blew up an account
40 thanks
Big Mike in Ecuador
28 thanks
EdgeProX from Edge Clear
24 thanks
The tiyfTradePlanFactory indicator
22 thanks
 
(login for full post details)
  #3 (permalink)
 papa15 
Wake Forest, NC
 
Experience: Intermediate
Platform: Sierra Charts, Investor RT, Ninja Trader
Broker: VanKar
Trading: NQ
 
papa15's Avatar
 
Posts: 527 since Sep 2009
Thanks: 583 given, 1,245 received


I am an Optimus customer. Matt called me several weeks ago and asked me to try the MT Easy Trader. He has bought several licenses and is providing the software free to his clients.

In order to use MT Easy Trader, you need the latest version of NT. If you have that, installation is a breeze.

The software has several excellent features. One is it provides real time feedback for risk management. You input what percentage risk per trade and the number of contracts, and you get the stop automatically for those parameters. This is a convenience and is not the power of the software.

The ATM features are better than NT as it provides more choices. Stops can be calculated based on dollars, percentage of account, percentage of ATR. There is an adaptive stop feature based on ticks, candle low/high, parabolic, SMA, ATR, daily high/low, Bollinger, Donchian, or previous low/high. These adaptive stops can be filtered by capping the max risk based on parameters you can set.
o
Trailing stops can be based on SMA, ATR stop, low/high, previous low/high, close, bid/ask, Bollinger, Donchian, parabolic, swings, or custom.

Targets can be based on ticks, price, currency, or percentage of ATR. There are 4 targets available.

There is a time based exit strategy and it appears they are working on a trend line based exit also.

The strength of the software is the ATM stuff....but all that said, all that is functional now is for a market order entry. Buy stop entries, limit entries, etc, are not enabled on the version I have. Matt is not the developer and he is not able to control when those features will be available. My particular trading style is to enter on a buy or sell stop, so the software is fun to experiment with but not ready for actual use yet. When it is fully functional, it will be a very powerful thing and worth your considering using.

I hope this helps.

My focus is on:
1. Avoid the opening chop.
2. Honor stops
3. Ensure reward > risk on all trades
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to papa15 for this post:
 
(login for full post details)
  #4 (permalink)
 nanook77 
OKC, OK
 
Experience: Advanced
Platform: Ninja Trader, Trade Navigator. ToS
Broker: PFG/CQG
Trading: forex, futures
 
nanook77's Avatar
 
Posts: 23 since Jun 2010
Thanks: 84 given, 8 received

papa15 thx for insight and input.
Have also done further research and do no believe that this platform is quite ready for prime time.
Found it could also be purchased at NT indicator store for about $500 currently, with at $999 SRP. Kind of like : buy now, we will fix it later! approach.

I like the look and feel of the interface, the "to be added soon" features etc. Think will wait it out for prime time release. again thx.


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
 mattz   is a Vendor
 
 
mattz's Avatar
 
Posts: 2,489 since Sep 2010
Thanks: 2,429 given, 3,767 received

I just wanted to give you guys an update: I have spoken to the developer and now EasyTrader has the ability to enter limit orders as well. I have a few that I can give away for free if you have an account with us.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
Reply With Quote


futures io Trading Community Trading Reviews and Vendors > MicroTrends EasyTrader does it work? trader opinions needed pls.


Last Updated on July 5, 2011


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

NEW BlackBird Features + FOREX Support w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 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