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Updated February 2, 2015
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May 28th, 2014, 07:08 PM
Singapore
Posts: 206 since Jun 2011
Thanks Given: 526
Thanks Received: 201
tradethetick
...The only filter I added was to no longer take reversal bars against a steep trend...
Thanks for sharing, tradethetick. Just a suggestion, you may wish to explore if an ATR trailing stop can help you filter or stay in the trend.
Here is the link to Fat Tails's SuperTrend indicator for NT7:
https://nexusfi.com/local_links_sort.php?catid=19&filter=&sort=d&page=1&pp=10&keyid=47
I'm still can't see the reversal bars myself, but I've attached a M3 chart for your reference. The simple ATR trailing stop setting is just 1-bar period and ATR=2. Hopefully, it may be of help to you..
Forgot to add that it is a lagging indicator, but I think if it's set to just a few bar periods, it can provide a current volatility range to look at.
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
May 29th, 2014, 12:51 AM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
fourtiwinks
Thanks for sharing, tradethetick. Just a suggestion, you may wish to explore if an
ATR trailing stop can help you filter or stay in the trend.
Here is the link to Fat Tails's SuperTrend indicator for NT7:
https://nexusfi.com/local_links_sort.php?catid=19&filter=&sort=d&page=1&pp=10&keyid=47
I'm still can't see the reversal bars myself, but I've attached a M3 chart for your reference. The simple ATR trailing stop setting is just 1-bar period and ATR=2. Hopefully, it may be of help to you..
Forgot to add that it is a lagging indicator, but I think if it's set to just a few bar periods, it can provide a current
volatility range to look at.
Thank you. I will check that out! Much appreciated!!
May 29th, 2014, 12:51 AM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
No trades today.
Trade Results: 29 Trades. 20 Wins / 9 Losses. Ratio: 68.97%. MTD: +104 ticks (per 1 lot) YTD: +230 ticks (per 1 lot)
May 29th, 2014, 12:09 PM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
Trade:
Contract : Crude Oil
Entry signal: Inside Bar Short
Entry price: 103.0 (red)
Exit price: 102.9 (green) Target
Entry time: 7:08 A.M. (Pacific Time)
Ticks: +10 (per 1 lot)
Trade Results: 30 Trades. 21 Wins / 9 Losses. Ratio: 70%. MTD: +114 ticks (per 1 lot) YTD: +240 ticks (per 1 lot)
June 2nd, 2014, 12:54 AM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
No trades on Friday.
Trade Results: 30 Trades. 21 Wins / 9 Losses. Ratio: 70%. MTD: +114 ticks (per 1 lot) YTD: +240 ticks (per 1 lot)
YTD is since March.
June 2nd, 2014, 11:17 PM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
No trades today.
Trade Results: 30 Trades. 21 Wins / 9 Losses. Ratio: 70%. MTD: +0 ticks (per 1 lot) YTD: +240 ticks (per 1 lot)
June 3rd, 2014, 11:59 AM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
Contract : Russell
Entry signal: Reversal Bar Short
Entry price: 1126.9 (red)
Exit price: 1124.9 (green) Target
Entry time: 7:11 A.M. (Pacific Time)
Ticks: +20 (per 1 lot)
Trade Results: 31 Trades. 22 Wins / 9 Losses. Ratio: 70.97%. MTD: +20 ticks (per 1 lot) YTD: +260 ticks (per 1 lot)
June 4th, 2014, 06:34 PM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
No trades today.
Trade Results: 31 Trades. 22 Wins / 9 Losses. Ratio: 70.97%. MTD: +20 ticks (per 1 lot) YTD: +260 ticks (per 1 lot)
June 5th, 2014, 01:41 PM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
No trades today.
Trade Results: 31 Trades. 22 Wins / 9 Losses. Ratio: 70.97%. MTD: +20 ticks (per 1 lot) YTD: +260 ticks (per 1 lot)
June 6th, 2014, 11:26 AM
Irvine, CA
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
Posts: 416 since Oct 2011
Thanks Given: 42
Thanks Received: 374
Trade:
Contract : Gold
Entry signal: Reversal Bar Long
Entry price: 1254.3 (green)
Exit price: 1253.2 (red) Stop
Entry time: 6:33 A.M. (Pacific Time)
Ticks: -11 (per 1 lot)
I did not follow my filter on this one. And wow! Was I on the wrong side of the market!!
Trade Results: 32 Trades. 22 Wins / 10 Losses. Ratio: 68.75%. MTD: +9 ticks (per 1 lot) YTD: +249 ticks (per 1 lot)
Last Updated on February 2, 2015