New Indicator That Actually Works - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


New Indicator That Actually Works
Updated: Views / Replies:6,874 / 62
Created: by Krav69 Attachments:20

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 Ė 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 donít 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
 20  
 
Thread Tools Search this Thread
 

New Indicator That Actually Works

  #31 (permalink)
Elite Member
New Brunswick NJ/USA
 
Futures Experience: Intermediate
Platform: NT7, NT8
Favorite Futures: NQ, CL, GC, NG
 
Posts: 53 since Aug 2014
Thanks: 34 given, 45 received


StreetPreacher View Post
Do you have to have Bloodhound to run it thru a Backtest?

Cheers,
StreetPreacher


Hi StreetPreacher,

This indicator does NOT do well with Bloodhound, unfortunately.

In order to backtest, I had to write a simple NT8 NinjaScript strategy.

So, no, Bloodhound is not a requirement and this indicator will actually not work with Bloodhound as far as I can tell. Others more proficient with Bloodhound may be able to find a solution but it would not work for me.

Blue skies,


Reply With Quote
 
  #32 (permalink)
Elite Member
New Brunswick NJ/USA
 
Futures Experience: Intermediate
Platform: NT7, NT8
Favorite Futures: NQ, CL, GC, NG
 
Posts: 53 since Aug 2014
Thanks: 34 given, 45 received

Strategy Chart Samples

Here are a few charts screen shots from the strategy:

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

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

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

Reply With Quote
The following user says Thank You to PilotTrader for this post:
 
  #33 (permalink)
Elite Member
Chattanooga, TN/ USA
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: 6E
 
Posts: 31 since Jun 2016
Thanks: 1 given, 10 received

Alerts


Hey PilotTrader,

Is there a way to setup an Alert for the signals so you dont have to sit at your monitor all day or could you create the ability to do that if there isnt a way currently?

Thanks,
StreetPreacher


Reply With Quote
 
  #34 (permalink)
Elite Member
New Brunswick NJ/USA
 
Futures Experience: Intermediate
Platform: NT7, NT8
Favorite Futures: NQ, CL, GC, NG
 
Posts: 53 since Aug 2014
Thanks: 34 given, 45 received

NT8 Strategy Analyzer Backtest Results: Data Series Optimized

Now this is getting interesting! I ran NT8 SA optimization on the data series and got the results shown below. Geeez, 1.52 profit factor pretty good on second attempt at this thing. Looks like 35-minute (I guess 30-minute chart would work) was the optimum data series for this.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to PilotTrader for this post:
 
  #35 (permalink)
Elite Member
New Brunswick NJ/USA
 
Futures Experience: Intermediate
Platform: NT7, NT8
Favorite Futures: NQ, CL, GC, NG
 
Posts: 53 since Aug 2014
Thanks: 34 given, 45 received

Audio Alert


StreetPreacher View Post
Hey PilotTrader,

Is there a way to setup an Alert for the signals so you dont have to sit at your monitor all day or could you create the ability to do that if there isnt a way currently?

Thanks,
StreetPreacher


Yes, absolutely. One can always add an audio alert to the strategy. Personally, if & when I get a good level of confidence with the strategy, I would simply let the strategy enter the trade for me. But sure, audio alert can be easily added to via NinjaScript.

Blue skies,
PilotTrader

Reply With Quote
The following user says Thank You to PilotTrader for this post:
 
  #36 (permalink)
Elite Member
Denver colorado
 
Futures Experience: Intermediate
Platform: Nt
Favorite Futures: Es
 
Posts: 1 since Jan 2018
Thanks: 0 given, 0 received


ollie View Post
I know nothing about Bloodhound.

If it can't reference the indicator and there are errors, how can a strategy be written?

Can it be that the PI indicator is not calculating properly and is not functioning as it should?

Where can I download this indicator.

Reply With Quote
 
  #37 (permalink)
Elite Member
St. Petersburg, Fl
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: ES,NQ, YM, CL,6E
 
ollie's Avatar
 
Posts: 183 since Apr 2010
Thanks: 23 given, 179 received

Indicator


Phatboyz View Post
Where can I download this indicator.

The Pi Oscillator can be purchased from Precision Trading Systems.com

Keep things as simple as possible, but no simplier. Albert Einstein

If you can't explain it to an eight year old it's to complicated
Reply With Quote
 
  #38 (permalink)
Elite Member
Chattanooga, TN/ USA
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: 6E
 
Posts: 31 since Jun 2016
Thanks: 1 given, 10 received

Strategy

Thanks for the response Pilot trader.

If it looks good from my end would you mind helping me set this up as a strategy with Alerts also?

That is if it isn't too much trouble. If it is I could reimburse you for it.

Thanks man,
StreetPreacher


Reply With Quote
The following user says Thank You to StreetPreacher for this post:
 
  #39 (permalink)
Trading Apprentice
Denver, Colorado
 
Futures Experience: Advanced
Platform: NT8
Favorite Futures: ES YM NQ CL
 
Posts: 39 since Aug 2014
Thanks: 0 given, 31 received

To help with trading the PI-Oscillator, you could also ignore the sell signals in a strong bull trend and the buy signals in a strong bear trend. Also consider trading 3 contracts, and exit one at a small first target, one at a medium target, and one that you'd be willing to let run all day. Could really work well with an automated trailing stop to lock in gains quickly. Works really well on stocks too so don't forget about that as well.

Reply With Quote
 
  #40 (permalink)
Elite Member
Raleigh, NC USA
 
Futures Experience: Intermediate
Platform: Sierra
Broker/Data: Stage 5
Favorite Futures: CL
 
Posts: 7 since Mar 2015
Thanks: 3 given, 3 received


I have been experimenting with Pi-Osc on CL the past couple of days (reviewing old trades to see if it would have helped at all). I am finding it is could be a useful complement to my existing systems, particularly with exits. It also occasionally would have helped me get in a bit earlier, resulting in tighter stop / larger size / better R.

For entries, with my style of trading, it seems to be a good "pay attention" signal.

Overall, I'm liking it. Just wish it ran on Sierra.

Thanks to the OP for the thread!

Reply With Quote
The following user says Thank You to 12VMan for this post:

Reply



futures io > > > New Indicator That Actually Works

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Scott Hodson: Bitcoin and Cryptocurrency Trading Strategy

Elite only

Ran Aroussi: Python and Machine Learning (part 4) [special time 11AM ET]

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
How works IsAscending? prigel ThinkOrSwim Programming 0 August 2nd, 2016 11:57 AM
need to fix this indicator works good mzapata24 NinjaTrader Programming 4 January 9th, 2016 05:45 PM
Pivot indicator works well, need explanation based on code jake0alexander ThinkOrSwim Programming 1 February 10th, 2015 08:09 PM
how the macd zero lag indicator works DarrenH NinjaTrader 6 September 13th, 2013 03:31 PM
CodeQuestion: Indicator only works with Inputs bjschwenzer EasyLanguage Programming 2 August 10th, 2011 09:31 AM


All times are GMT -4. The time now is 02:02 AM.

Copyright © 2018 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 2018-04-23 in 0.13 seconds with 20 queries on phoenix via your IP 54.224.44.168