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Trading Oil - "Velocity" system


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Trading Oil - "Velocity" system

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  #101 (permalink)
 
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 Okina 
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Again incredible trend during the night. I never see that. I work with very short term indicator and very short term bars (2 RB and 200 CVB) so usually I have signals in all directions but now my indicator can stay in green or red for hours.

Trend start aroud 4:30 PM and indicator turn only around 7:00 AM next day... for about +100 ticks move (not taken of course I need to sleep).

The result is now the market is in a small trading range and very choppy (it happens all the time after big moves). I will stay away certainly for the end unless I see latter a complete change of behavior.

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
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  #102 (permalink)
 
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 Okina 
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today 2 trades + 72 ticks (1 contract)

Now I squat Michaelleemoore thread but I will continue to update this journal.

More seriously I have decided to be more "serious" (I should say pro) about my trading. I will stop trading "for fun" and will start to seriously trade for $$$.

Next week or the week after (some elements are not all in my control) in will start to trade full time.

Wish me good luck

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  #103 (permalink)
 
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 xplorer 
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@Okina, will that mean taking more trades/day with 1 contract, or will you add extra contracts... or a mix of the two?

In any case, good luck!

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  #104 (permalink)
 
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 Okina 
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xplorer View Post
@Okina, will that mean taking more trades/day with 1 contract, or will you add extra contracts... or a mix of the two?

In any case, good luck!

it means more trade with 1 for the moment. I'm learning YM and I start to like it.

My targets are 250 ticks per week/contract.
If I can maintain them I will increase my size by 1 every month up to 5. After that we will see but I'm not here right now (but not too far)

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  #105 (permalink)
 jokertrader 
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@Okina i don't think u can have 2 charts in qtrader 1 below another - maybe I am wrong

Also if u are using qtrader showing only 1 chart, can u have your entry signals like u show it show on 1 chart but based on multiple conditios on studies based on other charts
Like referencing a MA cross from a 5 min chart on your cvb chart?

I have gone through this thread lightly a free times and trying to see if I can derive a similar system from a renko and a cvb chart based on combination of indicators based on both for entry/exit

Thanks
J

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  #106 (permalink)
 
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 Okina 
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jokertrader View Post
@Okina i don't think u can have 2 charts in qtrader 1 below another - maybe I am wrong

Also if u are using qtrader showing only 1 chart, can u have your entry signals like u show it show on 1 chart but based on multiple conditios on studies based on other charts
Like referencing a MA cross from a 5 min chart on your cvb chart?

I have gone through this thread lightly a free times and trying to see if I can derive a similar system from a renko and a cvb chart based on combination of indicators based on both for entry/exit

Thanks
J

you can have 2 charts at the same time in Qtrader

I have also made some evolutions in my system, I do not use the 2 RB for entering a trade, I use them only to manage the exit now. I also now use the same indicatiors than before but one is still based on the vidya and another one is based on a donchian mid line (in fact just highest high+ lowest low/2. So I always have 2 filters for entry but both of them based on the CVB. This has improved the quality of the entry and also make it much more easy to automate or even to trade manually (1 chart to follow instead of 2)

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  #107 (permalink)
 jokertrader 
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Can I have Renko chart with a 5 minute chart below it (not in a separate tab)
Answer from CQG: First question you can only have one chart displayed per Page.

And

Take a study from the 5 minute chart and use it as a condition to do something on my Renko chart (basically use studies from other charts as a condition/formula to say paint a bar or create an arrow or something on a chart)

Answer: We cannot take a condition from a timed chart and put it on a Renko chart however I was able to build a custom study (MA(CLE,Sim,40),5) taking a moving average from a 5 minute chart and overlaying it on a Renko chart but it will lag at times because it is from a timed chart applied to a non-timed Renko chart and you would have to press the Enter key to keep the scale together.

*****
Would really appreciate to know how you do it? All I want is to have the 5 minute below my main Renko chart.. and and have entry criteria like u .. which will be a combination of studies from multiple charts (and these charts could be behind in tabs)

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  #108 (permalink)
 
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 Pharmakon 
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Okina View Post
it means more trade with 1 for the moment. I'm learning YM and I start to like it.

My targets are 250 ticks per week/contract.
If I can maintain them I will increase my size by 1 every month up to 5. After that we will see but I'm not here right now (but not too far)

To define a weekly goal seems very important to protect ourselves against market. I wish you the best to succeed in reaching your target.

Best Regards,
P.

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  #109 (permalink)
 
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 Okina 
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THIS JOURNAL HAS MOVED TO THE ELITE SECTION AND WON'T BE UPDADED

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  #110 (permalink)
 steve2222 
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Okina View Post
THIS JOURNAL HAS MOVED TO THE ELITE SECTION AND WON'T BE UPDADED

You can ask Big Mike to close the thread. This will stop anyone from posting to it, but it can still be viewed.

You could first post a link to your new thread.

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