mewddsltd 

dumped the account where I had to trade micros in favor of new EA accounts .. here is this morning's result of a simple scalping strategy based on the second RENKO bar of market open .. didn't want a repeat of yesterday so stopped for the day .. 23 05 24b

What Eval accounts did you go with?

@Nasdaq1517

I use APEX Trader .. they typically offer discounts to get traders started .. APEX has pluses/minuses .. find the prop broker that is best for you

OK .. NQ started moving so scalped a couple more trades ..

23 05 24c

@mewddsltd good job friend! haha don't let it carry you away, I think its FOMC week. Either way, glad to see you bounce back! What account size did you go with? What is your entry size and what is your s/l, t/p for NQ?

05.23.2023 - [Day 43/100] - PASS : EVAL : Day 7 : +$94 | $+126/3000


Just have to keep the train on going, one day at a time! Hope everyone net some gains today!



05.24.2023_chart


05.24.2023_tradeviz

@injpowwetrust .. chose the $50K accounts .. did eval a few months ago and think this account size gives one of the highest stop-loss per contract leeways .. it cost a bit more to do it this way but would rather have the extra draw-down/stop-loss .. my scalping strategy is for 2 mini contracts .. ES is 4 ticks .. NQ is 8 ticks .. ES makes $100, NQ makes $80 per trade ..

the market was mostly sideways today .. concern about being stopped-out kept me out of the few longer trades available .. so just scalped a few trades ..

23 05 24d.fw

come from a family of programmers .. but did not follow in the family business .. just like programming to see what can be accomplished ..

spent the day experimenting with indicators to see if could build a method to simplify the 8/13/21 or 21/55 strategy .. came up with this set of moving averages .. indicator shows EMA13 // EMA21 // EMA55 // EMA144 // EMA233 to show the "macro" trade and two faster MovAvg's to act as trade setup signals .. with a volume-weighted MACD to act as confirmation indicator .. willing to accept the confirmation may occur before or after the MovAvg trade setup signal

some strategists suggest trading when the price bounces off the 21 .. others say to trade when the price bounces off the 55 .. let's see how tomorrow goes ..

here are the charts for NQ && ES from earlier today ..

everyone is a great trader after the market is closed ..

23 05 24 NQ.fw


23 05 24 ES.fw

mewddsltd 

come from a family of programmers .. but did not follow in the family business .. just like programming to see what can be accomplished .. spent the day experimenting with indicators to see if could build a method to simplify the 8/13/21 or 21/55 strategy .. came up with this set of moving averages .. indicator shows EMA13 // EMA21 // EMA55 // EMA144 // EMA233 to show the "macro" trade and two faster MovAvg's to act as trade setup signals .. with a volume-weighted MACD to act as confirmation indicator .. willing to accept the confirmation may occur before or after the MovAvg trade setup signal some strategists suggest trading when the price bounces off the 21 .. others say to trade when the price bounces off the 55 .. let's see how tomorrow goes .. here are the charts for NQ && ES from earlier today .. everyone is a great trader after the market is closed ..

where can I get the indicator love the way your chart looks.

@mewddsltd dropped the 21 ema, sticking with 60 ema. I'm fond of the 21 ema, the crossing ema strat, doesn't seem to be working for me right now. lol, yeah hindsight is a bitch. Hope you got some good trades in today.

05.25.2023 - [Day 44/100] - PASS : EVAL : Day 8 : +$86 | $+212/3000

Trades were cut short today, I took my winners fast. I had some trades that had 1 runner. I've been green so far this week, so just have close tomorrow strong.


Hope everyone got theirs today!
Screenshot 2023-05-25 091320


Screenshot 2023-05-25 091549

@elmatador

most of my indicators started as someone else's creation .. then modified to suit my purpose & visual goals

here is a list of my indicators and the location of the original .. it may take some time for you to customize them to your specific trading style

color background (use this to remind when is optimal trading time)
https://ninjatraderecosystem.com/user-app-share-download/color-regions/

supply demand zones (use this to remind me where price has stalled or changed direction in the past)

Download: Supply Demand Zones for NT8 (MTF) The indicator plots supply and demand based zones from various time frames on the chart. It also adds a context menu item to the default Ninjatrader context menu to hide and show active and broken zones. Version: 1.2 | Dec. 2016 personmk77ch

opening range (use this as additional info for trading the early market hours)

Download: Opening Range (amaOpeningRange) Version 2.2 January 31, 2018 The Opening Range is the range obtained from the highest and lowest price of a security during the first minutes of daily trading activity. For example the opening range can be calculated from the first 5, 15 or 30 minutes. The … personFat Tails

current day VWAP (use this to have an idea of how large/institutional traders are trading)

Download: SessionVWAP Daily (amaCurrentDayVWAP) Version 2.5 October 27, 2019 The Current Day VWAP is the volume-weighted average price (VWAP) of a security for the current day’s trading session. The VWAP gives a fair reflection of the market conditions throughout the trading day and is probably … personFat Tails

current day Pivots (pivots can act like magnets .. or walls .. good to know where they are)

Download: SessionVWAP Daily (amaCurrentDayVWAP) Version 2.5 October 27, 2019 The Current Day VWAP is the volume-weighted average price (VWAP) of a security for the current day’s trading session. The VWAP gives a fair reflection of the market conditions throughout the trading day and is probably … personFat Tails

Multiple Moving Averages (will create the faster moving averages and color them .. if not to your liking, you can use ColorThePlot)
https://ninjatraderecosystem.com/user-app-share-download/new-version-using-multiple-moving-average-to-find-the-region/
Hull(HMA) .. Upper = Open .. Lower = Close .. Period = 21

ColorThePlot
https://ninjatraderecosystem.com/user-app-share-download/colortheplot/

volume weighted MACD (a variation on MACD .. not sure it is any more accurate than standard MACD)
https://ninjatraderecosystem.com/user-app-share-download/volume-weighted-macd-histogram/
Fast Period = 13 .. Slow Period = 21

@injpowwetrust

good job .. you seem to have come a long way in the last couple of weeks .. keep it up .. I tend to agree .. the fewer lines on the chart the better ..

I like trading the first 30 minutes of the market open .. a friend has been trying to convince me to trade the first three hours of the market open .. think that just gives me more time to over-think and enter bad trades .. going back to the first 30 minutes ..

@elmatador
have the volume-weighted MACD on my chart but rarely does it come into play for my trading .. if you look at these charts you can see it works pretty well on one chart but there is significant divergence on the other .. divergence in momentum indicators such as RSI, Stochastics, and MACD is fairly common .. and I do not know how to trade them .. so I will probably remove it from my chart and just use the other indicators .. primarily the HMA[21] close/open market timing indicator .. that is my go-to indicator .. almost don't need the others ..

23 05 25 ES.fw


23 05 25 NQ.fw