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Targets Trading Pro BOT

  #11 (permalink)
 
phantomtrader's Avatar
 phantomtrader 
Reno, Nevada
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
Frequency: Daily
Duration: Minutes
Posts: 588 since May 2011
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Like most vendors, if you do your homework and research, you'll find that the majority of these indicators can be found right here in the indicator download area or over at the Ninja Ecosystem. A few require tweaking, but there's really nothing new under the sun - or so they say anyway!

Reverse engineering. A very valuable skill to have in this business. Plus it's free.

Thanks for doing the research.

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  #12 (permalink)
 
AllSeeker's Avatar
 AllSeeker 
Mumbai, India
Legendary Pratik_4Clover
 
Experience: Beginner
Platform: TradingView & ZerodhaKite
Trading: NIFTY, BANKNIFTY
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Looking at little under the hood since its weekend, its just bunch of moving averages packed together to create your typical crossover moving average strategy, other things are just fancy makeup and alerts.

I'm not sure anyone should be paying anything for this in this day and age, these kind of strategies without targets, stop losses or any half decent way to increase or decrease positions are available by dozen for dime pretty much everywhere.

Dunno if I missed anything particular in it, but if I did pardon me

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  #13 (permalink)
 JustinIsHere 
Montreal, Canada
 
Experience: Beginner
Platform: NinjaTrader, Multicharts
Trading: ES
Frequency: Never
Duration: Never
Posts: 113 since Dec 2011
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jmh13 View Post
BLT Trigger line indicator. Setting are 21/8 but he plays around with setting to TRY to get better results. He uses larger time frames for trend filters. I watched his video for 5 minutes and figured out the trades.

For instance on the

ES 15 Range
Trigger line 21/8
Trend filter 1,3,5 minute with trigger lines on it. When the trigger lines on the higher time frames are in trend alignment he takes trades in the trend direction on the smaller (15R) time frame . The trigger indicator is available for free. Download it and watch his videos and you will get the exact trades he does. You can get a programmer to automate it for 2-500 dollars.
What I have found is the trend filter, targets, diversification...trading many markets, and trade management are key. I have found that at times it works ok.

Doing all this just for "I have found that at times it works ok."

Trading is a business. Would you hire someone to run your business if he came to you and told you that what he can do, well at times it works ok? Would you hire a nanny if that was the answer given? Would you hire a driver if that was the answer given? Would you hire a painter, a plumber, or an accountant if that was the answer given? I can do the job and at times it works ok. Would you hire that person or look elsewhere?

Any indicator can, at times, work ok.

  #14 (permalink)
 jmh13 
Belize SA
 
Experience: None
Platform: Ninja
Broker: Ninja
Trading: DC
Posts: 262 since Jan 2017
Thanks Given: 17
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The main point here is that it works some times so why pay Bang Bang 3k when you can do what he is doing for FREE. If you want too.

Started this thread
  #15 (permalink)
 jmh13 
Belize SA
 
Experience: None
Platform: Ninja
Broker: Ninja
Trading: DC
Posts: 262 since Jan 2017
Thanks Given: 17
Thanks Received: 129

If anyone know or has something that works all of the time ...Please share.

Started this thread
  #16 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750


jmh13 View Post
If anyone know or has something that works all of the time ...Please share.

Not 100% havent worked on it that much
Just loaded the trigger line on a 10 bar LizardRenko chart

Dont use this set up but someone can work on it a bit more to assist other members to be successful in 2020

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  #17 (permalink)
 jmh13 
Belize SA
 
Experience: None
Platform: Ninja
Broker: Ninja
Trading: DC
Posts: 262 since Jan 2017
Thanks Given: 17
Thanks Received: 129

Thx sharmas, What trend filter do you use? Or do you take all signals? Are you using 21/8 Ema's on your trigger lines?

Started this thread
  #18 (permalink)
 jmh13 
Belize SA
 
Experience: None
Platform: Ninja
Broker: Ninja
Trading: DC
Posts: 262 since Jan 2017
Thanks Given: 17
Thanks Received: 129

What stop are you using? Bang Bang uses 1.4 ATR.

Started this thread
  #19 (permalink)
 jmh13 
Belize SA
 
Experience: None
Platform: Ninja
Broker: Ninja
Trading: DC
Posts: 262 since Jan 2017
Thanks Given: 17
Thanks Received: 129

It should be 14 ATR. 1.5 ATR for target 1 and 2.5 ATR target 2.

Started this thread
  #20 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750



jmh13 View Post
Thx sharmas, What trend filter do you use? Or do you take all signals? Are you using 21/8 Ema's on your trigger lines?

I don’t trade this methodology at all
Triggerline setting is Lin Reg 21. EMA 8

I can set up the chart if you want me to add anything else to it

Sharmas

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Last Updated on February 15, 2020


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