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Wednesday, April 9, 2014

The Best Combo Setup for Ninjatrader

The Best Combo Setup for Ninjatrader is the confluence of other good setups. 

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Today on this post we are going to explain how to join signals from 2 successful setups into a combo ; The SRS and Reversal Combo.

For those who dont know the SRS and/or Reversal, this is just a brief review ;

  • SRS is a complete system that we can configure to trade with the trend or against the trend. Take a look at the end of this post for a presentation about it.
  • Reversal is a Stochastic Signal Triggering that indicates possible Market Reversals. At the end of this post there is also a presentation.
On SRS, we use Stop Entry Orders ; Buy Stop to Enter Long, and Sell Stop to Enter Short.
The SRS shows the Entry Price with Diamonds ; we just place a Buy Stop over a Cyan Diamond or a Sell Stop over an Orange Diamond.
Those Diamonds are drawn and located on Real Time.
There are Visual and Audio Alerts
The Reversal places colored Dots on possible reversal bars in Real Time, so we can use it as a filter ; only place an SRS Order if there is a possible Reversal signal.
On this Crude Oil Futures Range 9 Chart we can see that the highest Bar has a Red Reversal Dot above and an Orange SRS Diamond below. Those signals are drawn while the bar is painting, so we have enough time to place the Sell Stop Order over the Orange Diamond

On this Natural Gas Chart we can see that we started having SRS Entry Signals 2 bars before the Reversal Dot.
When that bar is painting we can place the Sell Stop Order over the last painted SRS Orange Diamond.

We can see that there are only 2 Entries where both SRS and Reversal Signals are present, both winners.
We can also see Green Dot on Reversal Buy Signals against the trend without SRS support.

This example includes another Setup ; the EMA
The only Entry with SRS and Reversal Signals confluence resulted on a big winner, and there was also a confluence with the TIS_EMA Setup.

Related Information about used Setups

Presentation about SRS Setup

Presentation about Reversal Setup

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Best Regards,
Pablo

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Friday, March 21, 2014

SRS Setup for Ninjatrader Review

Hello Traders !

On this post I am presenting again the SRS Setup and how it can be traded with our custom Indicator TIS_SRS_v4



And dont forget, this system is also available on Semi and Full Automatic Modes.

Let me know if you have any question...

Best Regards,
Pablo

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Saturday, February 1, 2014

Most Successful Strategies for Ninjatrader

Most Successful Strategies for Ninjatrader

Our Most Useful and Flexible Setups are :
  • EMA ( trending setup )
  • SRS ( trend and counter trend setup )
  • Reversal ( counter trend setup ) ...currently available only on semi automatic mode

The SRS Setup is covered on these links :

On this link you will learn How it Works : The Indicator Store: Small Range Setup
( on this early version it was used as a trending system )
Later I explained how to use it on counter trend mode : SRS for Trend and Counter Trend Setups

This video is about the Semi Automatic Indicator ( PMS_SRS ) 
...that allows to trade the Setup from Chart Trader using ATM Orders : PMS_SRS_v6 - YouTube
And this is my last Ninja Webinar were I explains the basics of the Setup : NinjaTrader Partner Presentations - 3/20/2013 - YouTube
Powerpoint used in the Ninja Webinar : Link

The Reversal Setup is covered on these links :

It is an overbought/oversold indicator that uses stochastics to predict possible Market Reversals
The logic is explained on this Post : Selling Tops and Buying Lows on Ninjatrader
The Automated version is shown on this Post : PMS_Reversal System for Ninjatrader Upgrade
This link has a video about the PMS version ( semi/full automatic )
This is the link to the powerpoint used on the Ninja Webinar Ninja Webinar Link

The EMA Setup is covered on these links :
The EMA setup uses 2 indicators ; 
You can find info about this setup on the following posts :
If you feel comfortable with this Trending Setup, you can choose one of our dedicated packages ;
With TIS_EMA you can do visual backtests, and also get real time alert and entry price indications
With PM_EMA you can automate the setup, generate backtests and optimizations.
With PMS_EMA it is possible to auto trade the setup with user control of the trade ; we can allow/avoid next trade and also move the orders. The system enters the market using our preferred ATM Order Management andthe releases the control to us.

Don't forget to follow me on G+ and check my trades :  G+

Some examples on last trades :
  • This is a Reversal ( Green Dot ) overlapping an SRS ( Cyan Diamond ) Long : LINK
  • This Short is an SRS Signal ( Orange Diamond ) : LINK
  • This is an EMA entry ( Red dotted line ) Short : LINK
  • We can see 2 short reversal signals ( red dots ) and 2 long reversal signals ( green dots ) : LINK
Let me know if you have any question...

Best Regards,
Pablo

logo Pablo Maglio The Indicator Store 

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Automated Strategies for Ninjatrader

Hello Traders !

On this article we are going to review all our trade setups that have a Strategy for Ninjatrader fully automated and can be back tested, optimized and traded live.

This is a list of all those ordered in function of its low complexity ;
  1. EMA ( it trades an Exponential Moving Average ; Read More )
  2. Bouncer ( it is an anti EMA ; as it trades against it )
  3. Vwap ( it trades the Volume Weighted Average Price )
  4. SRS ( Custom Setup ; Read More )
  5. ATR_BarColor
  6. Impulse
  7. High Low Crossover

On this setup we only need to optimize a pair of parameters ;
  • The period of a Moving Average
  • The size of an envelope
The size of the envelope is slightly lower than the stop we are planning to use, so we can focus on finding the Period

This is an example using the Optimizer to scan Moving Averages on ES, looking for a 1.5 points of target against 2 points of Stop :


Depending on the level of the commisions, then we have a few areas with good moving averages to trade with.

This is an example of the equity curve using an EMA(166) :


Now we can optimize all other settings trying to obtain a better shaped equity curve ;


This systems trades agains the PM_EMA, so we can use the same PnL vs Period Chart, and trade the worst performing moving averages. It works better on non trending, but more volatile markets like Crude Oil or Gold

3) PM_VWAP
Similar logic used by PM_EMA, but replacing the moving average by the vwap.
Something interesting about the vwap is that it produces the same result on any timeframe, so this setup is almost not related to time frame. The only impact changing the time frame is the possibility of taking more trades over same entry.

This is a system that uses an envelope, a moving average and a donchian channel to define the trend and entry logic.
It can be configured with or against the trend. (Read More)

This is an optimized report example on CL using a Range 9 Bar Chart taking into account last 2 months ( Dec 2013 and January 2014 )


5)PM_ATR_BarColor

UNDER CONSTRUCTION

Best Regards,
Pablo

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Pablo Maglio The Indicator Store 

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Saturday, January 18, 2014

Supertrend Setup for Ninjatrader

Hello everyone !

Most of you may already know the Supertrend Indicator, it has been available for most platforms including Ninjatrader.
There are several versions, some of them free and including different calculation modes.
It is basically a trend detection systems very useful also for trailing stop management purposes.
On the following chart we can see the trend changes indicated by arrows when the line is calculated with the default settings ; an HMA(14) and a multiplier of 2.618

and on the following chart, the HMA is changed by the Median ;

Using an SMA :

Same SMA, but changing the multiplier from 2.618 to 1

As we can see, this is a very flexible and powerful indicator to define trend and reversals.
If we are in the Market, the indicator can be used to keep the trailing stop slightly below its line.
If we are looking for an Entry, once a trend change is detected ( red and blue arrows are painted ) we have several options :
  • Enter at Market
  • Wait for a pullback with a Limit Order Entry
If we decide to use the pullback entry option, then we need to define How to Calculate the Entry.

A suggested approach is using same line study used for the supertrend but with a slower period.
Lets review the SMA example where the supertrend is calculated with an SMA(8) and a multiplier of 2.618.
Now we add an SMA(17) ( dotted line ) and we have a complete trade setup :
Once we have a trend change ( arrow ) we place a limit order at the SMA.
On the following chart we can see a short at red dotted line and then a long at blue dotted line.
Entry time bars are marked with vertical lines :

Another example with HMA : supertrend with HMA(10) and Entry with HMA(50)

How to Manage the Trade

It is evident that this system will get the best results on impulsive and trending markets when we use runners.
When holding a position and using a trailing stop, at some time the trend will lose impulse and there will be a reversal.
For example, on the following Chart we can see a long filled after 4 or 5 bars of the arrow up :
If our trailing stop is big enough to survive all the way up and then we get a red arrow down we have several options ;
  • Close the long after a red down arrow is painted
  • Leave the position alone being managed by its trailing stop
  • Reverse the Long Position at New Short Entry ( red dots ) assuming the long trailing stop is not triggered.
On The Indicator Store we have a Custom TIS_Supertrend Indicator with all the User defined settings to define the Trend and also a user defined Entry as shown on previous Chart.

If you like the Supertrend possible Setups using the rules explained, it can be automated by Markers ; a Semi Automatic and also Full Automatic System that trades all possible trade setups described. 
It has the option of Early Exit; in case we are holding a position, and an inverse arrow ( trend change ) is painted we can decide if closing actual position or not.
If we decide not using early exit, then the current position will be exited at trailing stop or reversed at new entry.

Let me know if you have any question or suggestion...
Best Regards,
Pablo