NexusFi: Find Your Edge


Home Menu

 





Initial protective stop (IPS)


Discussion in Platforms and Indicators

Updated
    1. trending_up 2,714 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
johnmic
perth/australia
 
Posts: 1 since Aug 2013
Thanks Given: 0
Thanks Received: 0

How do you guys place your initial protective stop in MTPredictor? There are many times that the default trailing one bar high/low IPS get stopped out but the market rebounds after 4 or 5 ticks beyond the IPS and reaches the target level. Should we adjust the IPS or just accept the 1R loss?


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Warsh Drops Easing Bias, December Hike Now Above 50% -- …
Prediction Markets & Event Contracts
Trump Media to sell instant access to market-moving soci …
Traders Hideout
Ninjatrader users - good CONNECTIONs post and article fr …
NinjaTrader
Datafeed for Atas
Platforms and Indicators
Fed Hike Odds at 57% After Warsh: England Surges 12.9%, …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Want your NinjaTrader indicator created, free?
5 thanks
Denied 20K payouts: Alpha Futures
1 thanks
FootPrintV2 Chart for NT8
1 thanks
BERN ALGOS algo trading journal
1 thanks
Afternoon-close session
1 thanks
  #2 (permalink)
 bibulous 
Germany
 
Experience: Beginner
Platform: MultiCharts, NinjaTrader
Broker: IB/IQFeed
Trading: NQ, YM
Posts: 81 since Jun 2009
Thanks Given: 114
Thanks Received: 63

I always use the IPS and if trading on the 3m chart almost never set it to break even if the price reaches the 100% initial risk. The low time frame charts are just to choppy for that.
That being said, yes, I accept the 1R loss in that case and wait for a better entry.


Reply With Quote




Last Updated on August 27, 2013


© 2026 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 - Downloads - Top
no new posts