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December 29th, 2010, 03:39 PM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090
ESFXtrader
I finally had a chance to respond to some of the posts.
...
Cory,
I'm not sure what you are trying to show with the post, but it is an excellent example of a triple
divergence setup (that seldom fail).
...
WK
it shows that we have a comparable TS stochastic, no surprise there since it uses TS stochastic calculation.
December 29th, 2010, 03:52 PM
Northern California
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,305
cory
it shows that we have a comparable TS stochastic, no surprise there since it uses TS stochastic calculation.
Hi Cory,
Could you post the stochastic indicator that you are showing in panel 1?
Thanks, Jeff
December 29th, 2010, 03:58 PM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
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Jeff Castille
Hi Cory,
Could you post the stochastic indicator that you are showing in panel 1?
Thanks, Jeff
it is SMI2 with parms posted.
December 29th, 2010, 04:06 PM
Houston,Tx
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
Thanks Given: 1,206
Thanks Received: 4,356
ESFXtrader
Although this is for TF futures, it works as well for all futures. My setup includes double BB at 20, 2 and 2.5; 20, 31, & 62 EMAs; Stochastics Slow of 6,5,3 and 8,3,3 on same plane as price; and most important, is the CCI (Commodity Channel Index) at 14, -45, 45 on a histogram display. I go long (Buy)on the first CCI bar that closes over 45 or Short (Sell) on the first CCI bar below -45(-45 to -200) You can use it to trade everything on any time frame. Once you have looked at enough charts on this setup, the trades and its accuracy will be clear. Trading just the TF on 12-20-10, there were 8 winning trades and no loses for a total of 155 ticks. There is one other aspect of my CCI trading I have not yet disclosed and you can pick it up after looking at the level of the CCI bars and there relationship to one another at reversals. I promise you, this is a winning system. I should add that this works on continuation trades and reversals. Trade with the trend on continuation trades and against the trend on reversals. Particularly on the reversal trades, move the stop to protect gains, as the market can always continue in its original direction and trend, but most often it does not until the CCI shows it is. I use the 20SMA, 20EMA, 31EMA to show the trends. The 20SMA is found in the BBs. My first trade shown above was a short of TF at 9:56 @ 780.4 which was closed @ 777.30 @ 10:15AM.
TF trading on 12/20 using 377 Tick: Sale (S) @ 780.4 @ Close(C) of bar @ 9:56AM & C @ 777.3=31 t icks; S @ 777.6 & C @ 776.6=10 ; Buy (B) @ 778.1 & C @ 779.8=17 ; B @ 779.9 & C @ 781.4=15 ; S @ 784.2 & C @ 781.5=27 ; B @ 781.5 & C @ 782.3=8 ; S @ 780.9 & C @ 778.5 (@ 4:14PM)=24 for a total of 155 ticks.
Hope that helps, as that is a big clue. Let me know what you think. By the way...this is my system and it uses very little of any other system I have ever seen. This has been perfected after many many hours on charts. My system, as you will see in time, is worth a fortune.
WK
TF trading on 12/20 using 377 Tick:
1. Sale (S) @ 780.4 @ Close(C) of bar @ 9:56AM & C @ 777.3=31 ticks;
2. S @ 777.6 & C @ 776.6=10 ;
3. Buy (B) @ 778.1 & C @ 779.8=17 ;
4. B @ 779.9 & C @ 781.4=15 ;
5. S @ 784.2 & C @ 781.5=27 ;
6. B @ 781.5 & C @ 782.3=8 ;
7. S @ 780.9 & C @ 778.5 (@ 4:14PM)=24
for a total of 132 ticks.
Did you leave a trade out?
What were the results for December 1st, 2nd and 3rd? Month-to-Date?
Regards,
TMFT
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
December 29th, 2010, 04:23 PM
Northern California
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
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TMFT,
Welcome back!!
Sorry for any misunderstandings.......
Jeff
December 29th, 2010, 07:23 PM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
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@ESFXtrader , Jing is a free screen capture utility. Save pictures in PNG or JPG format, not BMP.
Mike
December 29th, 2010, 08:46 PM
Arcata, CA
Experience: Intermediate
Platform: NinjaTrader
Trading: index futures, oil
Posts: 485 since Jun 2009
Thanks Given: 232
Thanks Received: 415
cory
it is SMI2 with parms posted.
I created the template on TF; then applied it to a CL chart... there are arrows on the TF chart, but none on the CL chart (same template)... any ideas why not?
Thanks,
Saroj
December 29th, 2010, 09:09 PM
virginia
Experience: Intermediate
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Trading: NQ
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Saroj
I created the template on TF; then applied it to a CL chart... there are arrows on the TF chart, but none on the CL chart (same template)... any ideas why not?
Thanks,
Saroj
the arrows were plotted too far away from CL chart you need to adjust the offset for CL, change it from 1 to .1
December 29th, 2010, 09:22 PM
Dallas,TX
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 596 since Nov 2009
Thanks Given: 176
Thanks Received: 126
Saroj - can also attach template in the thread as I also use smi.
does it have any other than smi5?
December 30th, 2010, 12:18 AM
Arcata, CA
Experience: Intermediate
Platform: NinjaTrader
Trading: index futures, oil
Posts: 485 since Jun 2009
Thanks Given: 232
Thanks Received: 415
cory
the arrows were plotted too far away from CL chart you need to adjust the offset for CL, change it from 1 to .1
Last Updated on December 21, 2014