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Share your ideas for radar screen/ scanner.


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  #1 (permalink)
 
barabas's Avatar
 barabas 
Chicago IL USA
 
Experience: Intermediate
Platform: Tradestation
Broker: Tradestation
Trading: ES,NQ, CL
Posts: 111 since Feb 2019
Thanks Given: 105
Thanks Received: 173

Hey all,

I been tradestation for about two years now and never took full control of the radar scanner or scanner. I know they are both very powerful and was wondering if you can share some of your ideas how your looks and what you use it for?

I use mostly floor trader pivots and OHLC so I don't have a use for radar screen. But I been making my way over to option trading and might be useful there.

Love you hear you ideas and thoughts!


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  #2 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 930 since Mar 2012
Thanks Given: 311
Thanks Received: 666


barabas View Post
Hey all,

I been tradestation for about two years now and never took full control of the radar scanner or scanner. I know they are both very powerful and was wondering if you can share some of your ideas how your looks and what you use it for?

I use mostly floor trader pivots and OHLC so I don't have a use for radar screen. But I been making my way over to option trading and might be useful there.

Love you hear you ideas and thoughts!

use a moving average as a trend filter. an example would be when you get a close above or below the 8 day EMA on weekly,daily , 240 min. 60 min time frames the trend would be considered strong an ok to trade in that direction. if its a mixed bag ,no trading until the picture is clear. you can then scan a basket to search for instruments in that market state or better just ready to flip to that market state. do not ask me how to do that on trade station. there software and data is good but they suck as a broker.


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  #3 (permalink)
 
barabas's Avatar
 barabas 
Chicago IL USA
 
Experience: Intermediate
Platform: Tradestation
Broker: Tradestation
Trading: ES,NQ, CL
Posts: 111 since Feb 2019
Thanks Given: 105
Thanks Received: 173



forgiven View Post
use a moving average as a trend filter. an example would be when you get a close above or below the 8 day EMA on weekly,daily , 240 min. 60 min time frames the trend would be considered strong an ok to trade in that direction. if its a mixed bag ,no trading until the picture is clear. you can then scan a basket to search for instruments in that market state or better just ready to flip to that market state. do not ask me how to do that on trade station. there software and data is good but they suck as a broker.

What broker do you use? If you dont mind me asking


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  #4 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 930 since Mar 2012
Thanks Given: 311
Thanks Received: 666


barabas View Post
What broker do you use? If you dont mind me asking

AMP


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