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Has anyone bought this indicator (www.autotraderninja.com) -- banned on BMT
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Has anyone bought this indicator (www.autotraderninja.com) -- banned on BMT

  #31 (permalink)
Trading Apprentice
Tampa, FL
 
Futures Experience: Advanced
Platform: TOS
Favorite Futures: ZB, ZN
 
Posts: 26 since Feb 2013
Thanks: 2 given, 7 received

Update:

Still impressed w/ the indicator although it does have a learning curve, and isn't really "ready" to use out of the box.

However, the creator has a list of some recommended settings to avoid chop, and these do help you get on the right track.

The one detractor to all of this, in my opinion, is a common place to interact with other users and discuss setups/settings/etc. The creator has a forum advertised on the website which is not functional, and I have recommended a chat room/skype chat, or even a private chat setup by myself (for free) for others to use. So far, I haven't gotten much traction, but hopefully they add some form of communication for users in the near future.

I spoke w/ one other user today after some internet investigation to find another user I could contact, and just one exchange with one other user was very helpful.

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  #32 (permalink)
Elite Member
Houston, Texas
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: futures
 
learning0101's Avatar
 
Posts: 247 since Aug 2011
Thanks: 3,400 given, 185 received

what indicator??


1zach4 View Post
I just picked up this indicator from autotraderninja

Being totally open, I knew the creator before he started selling this publicly and was in a live skype chat w/ him daily where he was using early versions of this for his own personal trading.

I think he decided to sell it because so many of us were asking him for it, but he spent a lot of his own money having it coded for his own personal use...so didn't want to give it away.

Anyway, I'm a little more familiar w/ this style of trading, but still getting used to having the actual indicator up on my screens. So far I love it, but then again I knew I would because I know what kind of trading can be accomplished with it.

Hello @1zach4
What indicator is it you speak of? Sorry if off-topic, just confused easily
charts(pics speak) words are obsolete. No intent of rudeness just simple and direct.
Thanks

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  #33 (permalink)
Trading Apprentice
Tampa, FL
 
Futures Experience: Advanced
Platform: TOS
Favorite Futures: ZB, ZN
 
Posts: 26 since Feb 2013
Thanks: 2 given, 7 received



learning0101 View Post
Hello @1zach4
What indicator is it you speak of? Sorry if off-topic, just confused easily
charts(pics speak) words are obsolete. No intent of rudeness just simple and direct.
Thanks

The fib indicator that pictures have been posted of a few times in here already

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  #34 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,077 since Aug 2011
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Dude...

no way any of us could figure out what script you are referring to.

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  #35 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
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Broker/Data: PTP / Rithmic
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Daytrader999's Avatar
 
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I already posted some charts here:

https://futures.io/vendors-product-reviews/31495-has-anyone-bought-indicator-www-autotraderninja-com-3.html#post406666

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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  #36 (permalink)
Trading Apprentice
Tampa, FL
 
Futures Experience: Advanced
Platform: TOS
Favorite Futures: ZB, ZN
 
Posts: 26 since Feb 2013
Thanks: 2 given, 7 received


wldman View Post
no way any of us could figure out what script you are referring to.

are you talking to me?

This thread is about autotraderninja.com and they sell a fib indicator...didn't think I needed to clarify after so many charts had already been posted.

Here is a CL chart from today

http://my.jetscreenshot.com/demo/20140513-yftf-165kb

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  #37 (permalink)
Elite Member
Chicago Illinois USA
 
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wldman's Avatar
 
Posts: 2,077 since Aug 2011
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No

@Daytrader999

Not referring to you, but I will go look at the links now.

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  #38 (permalink)
Trading Apprentice
Tampa, FL
 
Futures Experience: Advanced
Platform: TOS
Favorite Futures: ZB, ZN
 
Posts: 26 since Feb 2013
Thanks: 2 given, 7 received

Update:

Had some technical issues, but they appear to have been isolated to one single chart. Ben and his partner tried to help, but none of us understood why we could duplicate one thing on their end but not on mine, so it got a little tense.

Either way, the issue is resolved, indicator working as it should. Although I still recommend a chat room for users.


Last edited by 1zach4; May 15th, 2014 at 01:44 PM.
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  #39 (permalink)
Elite Member
Ashburn, VA
 
Futures Experience: Beginner
Platform: Tradestation, Ninjatrader
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tracer888's Avatar
 
Posts: 56 since Feb 2014
Thanks: 24 given, 49 received

I watched a ton of the vids today. Definitely not promising a silver bullet which is fantastic. Of course the vids are sped up but that guy is like a duck in water drawing trend lines.

Definitely not a rookie tool but it sure looks like a fantastic tool if you use fibs a lot and would be plotting those points anyways.

Anyone bought it and had any results positive or negative (well taken it out of sim trading to the real thing)?


Last edited by tracer888; May 20th, 2014 at 07:43 PM.
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  #40 (permalink)
Elite Member
Ashburn, VA
 
Futures Experience: Beginner
Platform: Tradestation, Ninjatrader
Favorite Futures: NQ and YM
 
tracer888's Avatar
 
Posts: 56 since Feb 2014
Thanks: 24 given, 49 received


I have this system, it's pretty decent, does come with automation for a monthly fee.

The lines look to be similar to the 4 and 9 tenkensan and kijun so I guess you could almost call it as successful as an ichimoku based system can be.

If you overlay ichimoku on it and filter out some of the crossings (they're doing TK crosses and jumps off the 50 and 200) then you can do good with it. Just like ichimoku it has an eerie way of calling targets, it's really actually stunning. I personally use the proplus version that allows you to use ATR stops and targets vs the standard ones.

Definitely not a holy grail system but really not bad.

-Chris


trendisyourfriend View Post
I don't believe in these simple systems for the reason that you need to take into consideration the context and by the time the context has been figured out you don't need these systems. However, you can learn something in testing these systems.

A very similar system (free) from Netpicks:


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