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Day Trading from an Ogre's Point of View


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Day Trading from an Ogre's Point of View

  #81 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
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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.

Here is a screenshot.


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  #82 (permalink)
 
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 MiniP 
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TradingOgre View Post
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.

Here is a screenshot.


is this only for time or can tick be used as well


-P

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  #83 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
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MiniP View Post
is this only for time or can tick be used as well


-P

This one is only for time based. There is another one posted for tick charts.

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  #84 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
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Experience: Intermediate
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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.

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  #85 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
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Broker: NinjaTrader Brokerage - Philip Capital
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There was even one case where it gave a long and a short signal on the same candle. LOL! So do I go Lort or Song?

It is much better than the original version from a week or so ago. It has promise.

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  #86 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
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Third time testing the 7382 area. Wish they would just make up their minds.

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  #87 (permalink)
 motika1964 
NC, USA
 
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TradingOgre View Post
Checked the pattern I saw on the 500 tick chart. It works well right now but only marginally well in the past. Probably won't use it.



Waiting for a trade opportunity. I didn't have a chance to work on fixing the code for the strategy so that will have to wait probably until the weekend.



Went ahead and stepped up my membership here to elite status. I like supporting sites like this that are there to help others.



Hello, how many ticks away you use with 500 ticks chart?


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  #88 (permalink)
 
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 TradingOgre 
Evans GA/USA
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Experience: Intermediate
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motika1964 View Post
Hello, how many ticks away you use with 500 ticks chart?


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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.

Hope this is what you were asking.

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  #89 (permalink)
 motika1964 
NC, USA
 
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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


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  #90 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
Thanks Received: 1,672



motika1964 View Post
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


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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.

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