Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I modified the existing bar timer in NinjaTrader 8 to move it up next to the bar as well. You can find it in the indicators section under ninjatrader 8.
So far the automated entries would have been about 86% winnable trades even in this choppy market. Still not quite ready to give it control. Needs to be tuned a bit more. It gets into trouble during moving average transitions.
If you are referring to where I place my stop it really depends on market conditions. If the market is really choppy like today then I will move it further away and let the markets move. On days when it is trending like last Thursday the 12th then a big stop isn't needed.
I understand the difference about the stops depending of the markets but I have not found a proper SL with NQ, for example I’m using 3.25 points in ES.
BTW horrible market to trade today, really chopoy as you said
For me usually it is 1-2 points behind the last swing. If that means 5 points total or 10 then that is what it is. NQ is a jumpy beast so it needs room to move.
Markets seem like they are waiting on the Trump-Putin summit before making a real move.