Trade mangement suite from Indicator Warehouse - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Trade mangement suite from Indicator Warehouse
Updated: Views / Replies:3,950 / 10
Created: by fish Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 
Thread Tools Search this Thread
 

Trade mangement suite from Indicator Warehouse

  #1 (permalink)
Elite Member
California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: ES
 
Posts: 15 since Jul 2010
Thanks: 567 given, 20 received

Trade mangement suite from Indicator Warehouse

Anybody have any experience with Indicator Warehouse's revised Trade Manager suite? Its expensive but offers many attractive features, imho. Thanks in advance.

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Newcastle, Australia
 
Futures Experience: Intermediate
Platform: Multicharts 8 - Full Version
Broker/Data: IB
Favorite Futures: SPI,FTSE100, 6E, 6A
 
Posts: 285 since Oct 2010
Thanks: 108 given, 177 received


Do you have a link?
What platform is it for?

Regards,
Neil.

Reply With Quote
 
  #4 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received

I think he's talking about this one: Trading System Add-Ons | Indicator Warehouse | Day Trading Software, Systems and Indicators | Ninja Trader

The Trade Manager is for Ninja Trader only.

Reply With Quote
 
  #5 (permalink)
Elite Member
Zurich Switzerland
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: ES, 6E, CL
 
Posts: 404 since Sep 2009
Thanks: 64 given, 511 received


fish View Post
Anybody have any experience with Indicator Warehouse's revised Trade Manager suite? Its expensive but offers many attractive features, imho. Thanks in advance.

This is a strategy. After you are in a position you can not move stops and targets the way you can do it in chart trader. Does this fit your trading style?

Reply With Quote
 
  #6 (permalink)
Elite Member
California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: ES
 
Posts: 15 since Jul 2010
Thanks: 567 given, 20 received

Here's the link: Trade Manager | Day Trading Software | NinjaTrader Day Trading

It was not clear from the video that you can't move stops/targets once you're filled.

Reply With Quote
 
  #7 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received


fish View Post
Anybody have any experience with Indicator Warehouse's revised Trade Manager suite? Its expensive but offers many attractive features, imho. Thanks in advance.

If what you are looking for is an indicator to help you with Van Tharp Risk Multiple position sizing, I can probably save you $1000 by referring you to the TradeRuler indicator here on futures.io (formerly BMT)

Reply With Quote
The following 9 users say Thank You to monpere for this post:
 
  #8 (permalink)
Elite Member
Montreal, Canada
 
Futures Experience: Beginner
Platform: NinjaTrader, Multicharts
Favorite Futures: ES
 
Posts: 96 since Dec 2011
Thanks: 46 given, 84 received

terratec mentioned that you cannot move your stops the way you can in chart trader. I don't know about the targets, but this video shows that you can move your stops just like in chart trader once you are in a trade.
Link to video: See Trade Manager in Action | NinjaTrader Money Management Tool - YouTube He's also showing how to use an SMA trailing stop.

Full playlist for Trade Manager by Indicator Warehouse: Trade Manager for NinjaTrader - YouTube

I don't know about their Day Trading Systems (The Eagle, Falcon, and Hawk), but the Trade Manager has really nifty options in terms of how to manage your trades once they are live. I'm still not sure to get it or not though. I came here looking for some feedback.


Disclaimer: I found out about them via a webinar they made for Mirus Futures (https://www.mirusfutures.com/futures_trading_education/futures_trading_webinars/archives) which appeared on Thursday, March 7, 2013

He does mention Trade Manager in the webinar and what got me interested into looking into it was the idea of using an indicator (such as an MA) as a trailing stop once you are in a trade in order to maximize returns. They also have the option to let you use runners to get more money out of your positions while still taking in some profits.

For the runner, as an example, if you enter a position with 10 contracts, you can set it to exit 50% (5 contracts) of your position at your first target once it's reached, 30% (3 contracts) exits at the second target once it's reached. And the remaining 2 contracts will run until they are stopped (possibly by reaching an indicator trailing stop, for example an SMA). I don't know how to code so this sounds amazing to me. Nevertheless, the price is $997, $498 if you buy one of their DTS.


Last edited by JustinIsHere; March 10th, 2013 at 11:10 PM.
Reply With Quote
 
  #9 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received


j4W4a7V7 View Post
terratec mentioned that you cannot move your stops the way you can in chart trader. I don't know about the targets, but this video shows that you can move your stops just like in chart trader once you are in a trade.

You can move both stops and targets like you are used to in Chart Trader.
You can also choose your trailing stop from different indicators as well as depending on bar sizes or a fixed stop.

In addition, Trade Manager automatically calculates the correct lot size of a trade by using a defined percentage of your account size as a risk amount, but of course you can also set the lot size manually.

Since Trade Manager is not an indicator but a strategy which has to be applied separately to a chart, you may also take multiple trades (even in different directions) on one particular instrument by using only one account.

So, bottom line it's a quite expensive but useful tool.

Reply With Quote
 
  #10 (permalink)
Elite Member
Montreal, Canada
 
Futures Experience: Beginner
Platform: NinjaTrader, Multicharts
Favorite Futures: ES
 
Posts: 96 since Dec 2011
Thanks: 46 given, 84 received



Daytrader999 View Post
So, bottom line it's a quite expensive but useful tool.

That was my impression as well. I really like how it automatically picks the contracts size depending on how big your account is and how much you are willing to risk per trade.

I'm using Multicharts at the moment, so getting that strategy would mean I would have to get a Ninjatrader license as well. I don't like Ninjatrader's UI, but it does provide access to many indicators/bar types/etc.

My main irk is the upcoming release of Ninjatrader 8. I've heard that due to their conversion to wpf, that most likely, indicators from 3rd party vendors will have to be updated in order to work. I'm unsure if this will also apply to strategies.


Last edited by JustinIsHere; March 11th, 2013 at 09:37 AM.
Reply With Quote

Reply



futures io > > > Trade mangement suite from Indicator Warehouse

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Indicator Warehouse use BMT indicators? Alan Trading Reviews and Vendors 44 January 3rd, 2015 07:05 AM
NWT Exits Suite NW27 Elite EasyLanguage Automated Trading 6 November 25th, 2012 06:20 AM
indicator warehouse for nt7.4 bobarian Trading Reviews and Vendors 2 March 23rd, 2011 01:12 PM
IB and trade mangement eloso Reviews of Brokers and Data Feeds 3 July 10th, 2010 05:55 AM


All times are GMT -4. The time now is 04:25 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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
Page generated 2017-12-15 in 0.12 seconds with 19 queries on phoenix via your IP 54.234.255.29