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Sniper Scalping System on www.advancedtradingworkshop.com
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Sniper Scalping System on www.advancedtradingworkshop.com

  #21 (permalink)
Elite Member
Neuwied Germany
 
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fredgas View Post
hi, i meant if the bars are very close to the step ma then i don't trade them.
but during the past week i continued testing this sytem or this approach I made and I still don't like it.
good days and bad days

Nevertheless. Could you poste a template? Thanks!

Waiting, Discipline and Patience Pays!
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  #22 (permalink)
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san marino
 
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i deleted the system, i didn't like it. too many stops.
sorry pipandrun

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The following 2 users say Thank You to fredgas for this post:
 
  #23 (permalink)
 Vendor: backtothefuturetrading.com 
East Bend
 
Futures Experience: Advanced
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re: Sniper Scalping System


I created a scalping indicator for people that were unsuccessful using the Sniper Scalping System. I just uploaded it into the NinjaTrader 7 uploads section, search for "Scalpel Signal". PM me if you need help with the settings or want ideas on possible setups.

Please send me a Private Message if you have any questions about BTTFT services
Attached Thumbnails
Sniper Scalping System on www.advancedtradingworkshop.com-scalpel_signal.gif  

Last edited by BTTFT Michael; August 15th, 2017 at 06:11 PM.
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  #24 (permalink)
Elite Member
Houston, Texas
 
Futures Experience: Beginner
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learning0101's Avatar
 
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BTTFT Michael View Post
I created a scalping indicator for people that were unsuccessful using the Sniper Scalping System. I just uploaded it into the NinjaTrader 7 uploads section, search for "Scalpel Signal". PM me if you need help with the settings or want ideas on possible setups.

Hi the indi you posted in uploads section does not match the one you show in photos, v2 in photo?
can you upload the one you used for photos?
TIA

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  #25 (permalink)
 Vendor: backtothefuturetrading.com 
East Bend
 
Futures Experience: Advanced
Platform: NinjaTrader, Tradestation, MetaTrader
Broker/Data: Mirus/Kinetick
Favorite Futures: Futures, Oil, Gold, NQ
 
Posts: 47 since Mar 2010
Thanks: 2 given, 62 received

re: Version

When I created the source file for the upload, I took out the V2 in the name - it's identical to what I have. That is to say, it's the same parameters and output and source code. It's the same tool/code/parameters.

Thanks for downloading it! PM me if you need help setting it up / installing it.

UPDATE: Ok, sorry - I see the problem now. The programmer left out the EMA trend filter from the version I had for the screenshot.

I'll upload a new second version with the trend filter in the next week or so with the trend filter, titled SCALPEL_TREND_FILTER. Sorry about the mixup - it wasn't intentional.

Please send me a Private Message if you have any questions about BTTFT services

Last edited by BTTFT Michael; August 15th, 2017 at 06:13 PM.
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  #26 (permalink)
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BTTFT Michael View Post
When I created the source file for the upload, I took out the V2 in the name - it's identical to what I have. That is to say, it's the same parameters and output and source code. It's the same tool/code/parameters.

Thanks for downloading it! PM me if you need help setting it up / installing it.

UPDATE: Ok, sorry - I see the problem now. The programmer left out the EMA trend filter from the version I had for the screenshot.

I'll upload a new second version with the trend filter in the next week or so with the trend filter, titled SCALPEL_TREND_FILTER. Sorry about the mixup - it wasn't intentional.

sorry but what a joke "in the nxt week or 2" how bout editing your initial post to reflect what you were offering? Seems you edited after someone ME saw not the same indi?
Hmm does not quantify utilizing your promo for further use! But THANKS!

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  #27 (permalink)
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fredgas View Post
i deleted the system, i didn't like it. too many stops.
sorry pipandrun

loll too many stops just download the gracious indi by @BTTFT Michael and you will see how to never make money following arrows
WAJ!


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

for lack of better term just go up-down-up-up-down and hope for the best--WOW

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  #28 (permalink)
 Vendor: backtothefuturetrading.com 
East Bend
 
Futures Experience: Advanced
Platform: NinjaTrader, Tradestation, MetaTrader
Broker/Data: Mirus/Kinetick
Favorite Futures: Futures, Oil, Gold, NQ
 
Posts: 47 since Mar 2010
Thanks: 2 given, 62 received


learning0101 View Post
sorry but what a joke "in the nxt week or 2" how bout editing your initial post to reflect what you were offering? Seems you edited after someone ME saw not the same indi?
Hmm does not quantify utilizing your promo for further use! But THANKS!

Again, thanks for catching the discrepancy. The new tool with the filter will be uploaded. I'd love to say I could fix it in a few hours, but I rely on my team's programmer to make those changes for me. I'm sorry I couldn't make the change faster, but start with what I've uploaded for now. Please also visit the OSCILLATOR INPUT upload as well.

Please send me a Private Message if you have any questions about BTTFT services
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  #29 (permalink)
 Vendor: backtothefuturetrading.com 
East Bend
 
Futures Experience: Advanced
Platform: NinjaTrader, Tradestation, MetaTrader
Broker/Data: Mirus/Kinetick
Favorite Futures: Futures, Oil, Gold, NQ
 
Posts: 47 since Mar 2010
Thanks: 2 given, 62 received


learning0101 View Post
loll too many stops just download the gracious indi by @BTTFT Michael and you will see how to never make money following arrows
WAJ!


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

for lack of better term just go up-down-up-up-down and hope for the best--WOW

Hello sir, and thanks for the mention. I'd never advocate an up-down-up-down arrow-to-arrow method. There isn't a single member of this community who would ever advocate that, actually.

When using any tool - there are several steps that are nearly universally followed for success.

First - how will the tool be used? At S/R levels? In a mean reversion system? In a trend system?

What market will it be used on? Which market is the trader most comfortable following/in tune with?

What are the trader's risk tolerances? What size account is being used?

Does the trader feel comfortable holding trades longer? Or do they wish to scalp the market - get in and out fast?

Then the process of building a personalized trading plan - often times receiving the feedback from a personalized trading journal comes into play.

The trade plan revolves around the entry / exit / break even / profit strategy that the trader has identified, through backtesting a minimum of 200-300 signals (so as to achieve an acceptable margin of error) . It may sound like the following (just a hypothetical, not saying it applies specifically to the chart you uploaded).

Entry Rules:
All signals in the direction of the 120 period EMA.
Enter at market at close of signal candle
Stop = 1.5 ATR values below entry
Target = 2.5 values of initial risk or opposite colored signal

or

Entry Rules:
10 period Keltner Channel, 2 standard deviations setting
Whole Candle Close above or below the deviation line
Stop 1.5 ATR Values above or below entry
Target 1 = 4 ticks
Target 2 = 2.5 values of initial risk or midline of Keltner Channel
Target 3 = opposite side band
Breakeven = 10 ticks move stop to plus 1


Your chart and comments seem to suggest I was promoting a "trade every arrow you see" approach. I don't believe I ever endorsed that strategy....I simply uploaded a tool to the community, but am thankful for your comments. If you want help setting this indicator on your charts, and going through the process of identifying how you might use it inside the constraints of a rules based personalized strategy, I'm happy to help.

Please try to word your replies/responses in a manner that is free from cynicism and disdain. This community exists for the edification of its members.

Thanks again for the reply.

Please send me a Private Message if you have any questions about BTTFT services

Last edited by BTTFT Michael; August 15th, 2017 at 08:39 PM. Reason: thought of something afterwards
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