NexusFi: Find Your Edge


Home Menu

 





Simple moving Average in different tick charts


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one wldman with 5 posts (1 thanks)
    2. looks_two ftrebbi with 3 posts (0 thanks)
    3. looks_3 MWinfrey with 3 posts (4 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 9,519 views
    2. thumb_up 5 thanks given
    3. group 4 followers
    1. forum 12 posts
    2. attach_file 2 attachments




 
Search this Thread

Simple moving Average in different tick charts

  #1 (permalink)
ftrebbi
new york, NY
 
Posts: 3 since Dec 2012
Thanks Given: 0
Thanks Received: 0

Hi there,
I'm a beginner, I've been paper trading ES future for about 5 months with good results, but then I tried with the real market and I had 12 loosing trade in a row and 6 loosing days in a row...so I went back to the paper account.
I like to use three charts (512-1600-5000 ticks), the MACD and three SMA ( 9-25-100) as a dynamic support and resistance.
The problem is that the three SMA act differently in every chart.
I know this could be a stupid question, but I'm getting confused.
Should I use a proper SMA for each tick chart?

Thanks for reading my question.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Futures True Range Report
The Elite Circle
Exit Strategy
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
Battlestations: Show us your trading desks!
26 thanks
The Program
18 thanks
  #3 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,507 since Aug 2011
Thanks Given: 2,046
Thanks Received: 9,491


Not totally understanding what you are asking. Also, on something like this, if you post screen shots guys will have a better handle on what you mean.

If you are saying can I use a ma from a different time frame on my chart the answer is yes. If you wanted to, you couls put the short time frame ma's on a longer term chart and vice versa. Is that what you mean?

DB

Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
ftrebbi
new york, NY
 
Posts: 3 since Dec 2012
Thanks Given: 0
Thanks Received: 0

Hi DB,
thank for your replay...you're right, my post wasn't that clear.
I usually try to trade a pullback using the MA(100) as a resistance in a downtrend ( see the screen shot 512 tick chart) or as support in a uptrande.
The problem is that the MA 100 cross or touch the price at different time in each tick chart and I find this confusing.
I don't know if I should follow the MA100 on the 512tick chart or on the 3200tick chart.
For example, yesterday at 11.36 am, the SMA100 touched the price on the 512 chart but was well above the price in the 3200tick chart. Please check the screen shots.
Hope my question is clear.

Thanks!




Reply With Quote
  #5 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,507 since Aug 2011
Thanks Given: 2,046
Thanks Received: 9,491

to do what you are asking is an indicator called visual sma multi time frame. It is available somewhere here on futures.io (formerly BMT)...not sure where. That will allow you to place the sma from one time frame on the chart with a different time frame.

I thionk that will solve the question that you asked. For example you could make the 512 tick 100 per sma a universal dynamic s/r line by using that indie and assigning a notable line style, color or thickness that make it easy to recognize.

Hope that helps

Visit my NexusFi Trade Journal Reply With Quote
  #6 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,507 since Aug 2011
Thanks Given: 2,046
Thanks Received: 9,491

try this.



Sorry man, that is NT. I am not sure if there is a ToS version.

Visit my NexusFi Trade Journal Reply With Quote
  #7 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335


ftrebbi View Post
The problem is that the MA 100 cross or touch the price at different time in each tick chart and I find this confusing.

you need to understand what a moving average. take a look at this definition. Moving average - Wikipedia, the free encyclopedia

However, to boil this down to something useful in the context of your confusion, a moving average calculates the average of the closing prices over the last x number of bars. Specifically, if you are using a simple moving average (SMA) with a period of 10, the SMA calculates the average closing price of the last 10 bars. With that in mind if you are looking at 3 different time period charts the SMA calculates the average based on the time period of that chart. Does this make it more clear?

Reply With Quote
Thanked by:
  #8 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,507 since Aug 2011
Thanks Given: 2,046
Thanks Received: 9,491

@MWinfrey

Wldman does not digress and go into the foundational stuff...just answers the question assuming that people know or will figure things out.

Is that bad...should I just stay out of it?

Visit my NexusFi Trade Journal Reply With Quote
  #9 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335


wldman View Post
@MWinfrey

Wldman does not digress and go into the foundational stuff...just answers the question assuming that people know or will figure things out.

Is that bad...should I just stay out of it?

Are you kidding...of course not. You have a great ability of figuring what was really intended and provide the answer to that. I don't necessarily have that ability because i think in a very linear fashion. When I attempt to jump to the end like you did, I invariably make wrong assumptions and provide a wrong answer...It was pounded into my feeble little brain all through my math classes to SHOW YOUR WORK, dummy!

Reply With Quote
Thanked by:
  #10 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,507 since Aug 2011
Thanks Given: 2,046
Thanks Received: 9,491


@MWinfrey

Mike thanks again for the adaptive cci. I use that in my primary method and your work has saved much and made much. Dan

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on June 11, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts