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Friday, October 25, 2013

Semi Automatic Systems for Ninjatrader - October Update

Our New Lines of Semi Traders Now Include More User Options :

  • Option to select the ATM from the ToolBar
Now we can change the name of the ATM to be used on next trade by just typing its name on the toolbar, without the need to go to the Indicator Properties :
..so we just focus on defining next trade size and management

I use to have different ATM's saved for different purposes ; quick scalp, big targets ahead with several scale outs, quick trails, etc
And also found the best way to change trade management on the fly is using the Chart Trader ATM Edit to create new custom ATM's to use on the Strategy Toolbar :

  • Option to Select System Behavior when having a position and a New Entry signal happens...

On this example we are trailing the Stop of a Short Gold, but now we have a "possible" reversal signal.
That signal will be confirmed at the close of the bar and we have to take a decision about what to do with the current position..



We have several options in case the long signal is confirmed ; 

  • We can ignore the signal and keep holding our short
  • We can initiate a New Long trade, leaving the current Short as a different separate trade.
  • We can close the short at long entry price
  • We can reverse the position, closing the short at same price where We start the Long
One of the New Input Parameters (Position_Manage) on our New line of semi automatic Systems allows to define all these described methods:

Not Flat and Incoming New Signal Options :
Option
Current Position vs Signal
Result
1) Do Nothing
Same Sign
Different Sign
Original Position Remains
2) Enter New Trade
Same Sign
Different Sign
Increase Trade Size
Long & Short at same time
3) Close Current Position
Same Sign
Different Sign
Do not Apply
Flat
4) Close Current and Enter New
Same Sign
Different Sign
Do not Apply
Reversing

On this video you can see the most important features on our New Line of Semi Automatic Strategies :

Visit our YouTube Video Channel to see more demonstrations about all our systems

Let me know if you have any question.

Best Regards,
Pablo

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Pablo Maglio The Indicator Store 

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Friday, October 18, 2013

Ninjatrader Indicators - 2013-10-18- Trade Log

Hello Traders !  Happy Friday, Options Expiration Day and CL Contract Rollover !

Crude Oil
has switched its volume to the New Contract today, so I expect we will ready to trade CL again Next Monday over the New CL 12-13 Contract.

Only one trade today, on DAX :
Short using the SRS Setup ...


We got Target 1 and then started to trail :


Have a Great Weekend !


Let me know if you have any question

Best Regards,
Pablo

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Pablo Maglio The Indicator Store 

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Thursday, October 17, 2013

Ninjatrader Indicators - 2013-10-17- Trade Log

Hello Traders, these are the trades for today ;

Crude Oil ; I am not trading Crude Oil today, CL is currently rolling contracts and the volume of the New contract is almost at same level than the current (old) contract.
Today we should also had the Crude Oil Report, but it is currently unscheduled...
Yellow Line is New ( CL 12-13 ) Contract, Green is the Current ( CL 11-13) :

On the British Pound, 6B for Futures, and GBPUSD for Forex, we had 2 shorts on global resistance.
Using the SRS Setup it was possible to get Target 1 on both.


Later, on the DAX ( FDAX 12-13 ) we had a long over global support
...with 2 possible targets :

..both reached and filled without issues...

Tomorrow is Options Expirations, so possible a slow day, with CL rolling to the new Contract...
...so I guess we should take a Long weekend !


Let me know if you have any question

Best Regards,
Pablo

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Pablo Maglio The Indicator Store 

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Wednesday, October 16, 2013

Ninjatrader Indicators - 2013-10-16- Trade Log

These are the trades for Today :

Gold ; just 2 touches over global supports ;
1) A short too early in the morning at a zone formed by a 50% retracement from the highs overlapping Oct 13th Highs

2) A long over a 50% retracement from the lows and also a pivot low from Oct 13


There are 2 possible entries using the SRS :

Crude Oil

After a new retest of the lows, CL finally broke to the upside reaching 2 resistance levels :
1) 50% retracement overlapping a high pivot made yesterday in the area 102-102.2
2) 61.8% retracement ( of same fib) overlapping yesterday's High

Both entries had signals on the SRS Setup :

Markets are not Moving so Fast as I would wish....finishing the day early...

Let me know if you have any question

Best Regards,
Pablo

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Tuesday, October 15, 2013

New Reversal Strategy for Ninjatrader - Review

Hello Traders !

As you may remember, some time ago we talked about the different ways to detect reversals, using divergences, stochastics, etc...
Take a look at that entry on this link : "Selling Tops..."

We also applied an Entry Technique ; RBO using Stop Orders to Enter The Market when we have a Confirmed Reversal Signal.
This is an example of an Entry Order after a Confirmed Over Bought Signal :



I usually use 3 ticks for the offset, and the entry is cancelled if we don't get a fill on the following bar when we place the order ; so that is 2 bars after the signal

The settings I am using for the ATM ( using 2 contracts ) are these :


The System uses ATM Orders, so we can define several setting on the ATM definitions ; 
3 positions, individual sizes, targets, stops, auto trails, auto break evens, etc.
On this video we can see how this setup worked today :


There are more different configurations and instruments on these other video Links :
Video #2 : http://www.youtube.com/watch?v=EjOR9VGzVx4
Video #3 : http://www.youtube.com/watch?v=suLMInvX13I

Best Regards,
Pablo
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Ninjatrader Indicators - 2013-10-15- Trade Log

Hello everyone,

These are the trades for Today :

British Pound Futures ( 6B ) or its Forex equivalent ( GBPUSD ) :


I am going long over a well defined Support :

The Red Horizontal line is a possible Wave 4 Finish, and Wave 5 Start, as seen on this higher time frame chart :

On Crude Oil, we are again testing same Support Area as we did yesterday :

So, using the SRS Setup We had several opportunities to get Long there today ;

Gold, started the day in sideways mode ( so no signals ), very far from any Support and Resistance.
But on a very fast move, it reached the Global Resistance at a 61.8% Retracement and it had an SRS Short Entry with Target in less than 1 Minute :
So the only way to get inside that trade would be in automatic mode and possibly with a high slippage.
It later retested again that same zone, now slower so it was possible to get short :
And then it moved higher testing a New Resistance zone overlapping the low made on October 1st :

Finishing the day early again...

Let me know if you have any question

Best Regards,
Pablo

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Pablo Maglio The Indicator Store 

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