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Thursday, October 29, 2015

Markers Plus System for Ninjatrader (new version 4)

Markers Plus System for Ninjatrader - Version 4

Hello Traders !

We are presenting the New release of the Markers Plus System which includes a lot of new features.
New features add Limit, Stop, Bid, Ask Orders to the current Market Order and also more powerful filter and trigger condition creation tools ;

But first a brief review about what is Markers TM©

The main feature of Markers TM© is to detect objects painted on the Chart, by an indicator or by the user.
Those objects can be any of the Chart Marker available on Ninjatrader, like Arrows, Dots, Diamonds, etc

Example :









These are standard Ninja Arrows produced at the crossover of 2 lines
To verify if a Marker is a standard Ninjatrader Object, so.. compatible with Markers TM© 
We can double click the signal ( Arrow on this Example )
..and we should get the Object Properties Dialog Box :



If instead of getting the object properties you get nothing or just the indicator parameters dialog box, it is possible those signals are not compatible.

 Once the object is detected, Markers TM© can execute an ATM Order of the following types :

The standard Entry Option present on previous version
  • Enter at Market ( at the exact tick moment the signal is painted )
For a Long Signal with Entry Below the Market :

  • Place a Buy Limit at Bid ± Offset
  • Place a Buy Limit at Ask ± Offset
  • Place a Buy Limit at Object Price Position ± Offset

For a Long Signal with Entry Above the Market :

  • Place a Buy Stop at Bid ± Offset
  • Place a Buy Stop at Ask ± Offset
  • Place a Buy Stop at Object Price Position ± Offset

Same applies for Short Signals

When using non Market Orders, where a Limit or Stop Entry Order is used, we can also specify on Markers TM© for how many bars the Order will be kept alive without fill.
We can also specify if a new signal updates the Entry Order Price.

This new Entry Methods increases a lot the flexibility for our trade setup definition

Example ; if we want to enter at market but not wanting to have much slippage on high volatility moves, we can enter a Long with a Buy Limit at Ask ; this should produce instant fills under normal conditions, and if not filled, the order can be auto cancelled after 1 Bar.



Auxiliary Indicators


We have simplified the set of tools and made them more powerful so they can be used to filter and also to produce signals ;

Now, all the auxiliary indicators produce historical results so we can check and visual backtest our filters and signals.

Any line from any indicator can be copied to a Markers Auxiliary Line using the Copy indicator ( examples ; the lower Donchian line, or the upper Bollinger band, etc )

It is possible to calculate the slope of any line, and also paint a signal when that slope exceeds a threshold. This is the Universal Slope Signal Indicator
It is also possible to calculate the difference between 2 lines, and also paint a signal when that difference exceeds a threshold. This is the Universal Crossover Indicator.

Any of these lines can be matched against maximum and minimum limits to filter Signals.
It is possible to combine unlimited conditions to create complex filter

Now the Trader has all the Tools to create its own Trade Setup, trading a current signal indicator compatible with Markers or creating its own signals and also filtering those signals with all the indicators that each user has installed.

This new Markers Plus is currently on beta testing during the first week of November and will be available for all current Markers Plus Users ( all upgrades are always included )
I will add Videos and trade Setup Examples the following Week

Pablo Maglio

photo
Skype Skype id : pmaglio
      

Friday, June 12, 2015

The Best Systems for Ninjatrader

The Indicator Store
presents...
 one of the Best Systems for Ninjatrader :



MARKERS lite is the beginners version of Markers Plus

MARKERS is an Indicator, so it allows to be used with Chart Trader enabled.

MARKERS detects Objects painted by your Indicator on the Chart ;
We can specify one object to Trigger Long Entries and another Object to Trigger Short Entries. It is possible to specify Colors for the Triggers Objects, so we can use same object but with different Color to Trigger a Long or a Short :

MARKERS can also be configured to Close Positions ( if any ) when a User defined Object is Painted :





Example : Markers Detecting a Red Arrow to Enter Short and a Yellow Diamond to Close Position :


The Detected Objects can be Painted by any Indicator you own.

Markers Lite System can automate all your Indicator Signals, and auto trade all of them or you have the option to Enable Next Long & Next Short on a Semi Automatic Mode.

Markers Lite includes Money Management, so you can limit the Daily Loss & Daily Profit of your Setup

Markers Lite includes a User Defined Time Window; Only Signals detected inside this Time Range will execute Orders. Any remaining position will be Closed outside this Time Range. 

In other words, with MARKERS LITE it is possible to full Automate any Indicator Signals.

If you need more complex Trade Definitions with the Option to add Complex Trend filters, take a look at Markers Plus.
Take a Look on our G+ Channel Collections for Examples using Markers with different Trade Setups :



YouTube Videos Here :









Best Regards,
Pablo Maglio

photo
Skype Skype id : pmaglio
      

Saturday, May 23, 2015

New Markers Plus System for Ninjatrader

New Markers Plus System for Ninjatrader ( Markers v3 )

Hello Traders !

The New release of the Markers System, version 3 is now called Markers Plus, and includes lot of new features that let the trader create its own trade setup as we will describe on this post.

As explained on the previous article, Markers detects an object painted on the Chart and Executes an ATM Order if that object meets our criteria.
It is also possible to close a position if a particular object is detected.


Examples of Use


Going Long on a Cyan Arrow and Short on a Red Arrow


Same as before but Closing Positions at Orange Diamonds

It is possible to define a Time Trading Window ( useful for automating a setup )


Setting the trading time to trade only from 8:45 AM to 3:45 PM
( note that time is in 24 hours format including seconds : HHMMSS )


Settings to trade the night from 11PM to 2 AM


The Markers Plus System places a ToolBar on the Chart that allows the user to Enable or Disable Longs and Shorts, switching from automatic to semi automatic mode and selecting the ATM Setting


Markers includes also a Money Management Module to protect your Account and limit the Daily Loss and Daily Profit to the level specified by the user.



The New Markers Plus package includes the following tools to create user defined filters :


  • PMS_Markers_v3
  • TIS_Aux_Plot
  • TIS_Aux_Diff
  • TIS_Aux_Cond_And
  • TIS_Aux_Slope
  • TIS_Aux_Plot_Paint
  • TIS_Aux_XO_Marker


Added Features from last version (2.1) :

  • New Filter Using External Plots Conditions
    Any indicator with plots can be used to filter Longs and/or Shorts
  • New Auxiliary Indicators used as Condition Builder
  • Now Markers remind its buttons state even after a refresh
    If you add indicators to your Chart or change the settings of Markers or any other Indicator all Markers variables are retained ( as on v2.1 ) and also the button's state is restored ; no need to enable buttons again.

With the TIS_Aux_Plot Indicator it is possible to copy the values of any line of any Indicator present on the Ninjatrader Indicator List into an auxiliary variable.


For more info about the use of these Indicators please watch these ;


YouTube Videos :



Best Regards,
Pablo Maglio

photo
Skype Skype id : pmaglio
      


Saturday, April 18, 2015

Using the Slope of an Indicator to define the Trend

Using the Slope of an Indicator to define the Trend

One of the most used techniques to define the Trend of a Market is looking at the Slope of an Indicator.

Usually a Moving Average like HMA, EMA, SMA provide a good idea of the trend, having the first one ( HMA ) the fastest, and the last one ( SMA ) the slowest reaction.

On this Chart we can see an example of 3 Indicators using the same Period :


If we look at the Trend Changes, then the signals on each Indicator happens on the shown points :

We can even look at combinations of Indicators to define the trend.
For example, looking at a fast EMA to produce the quickest results may also produce too much signals, most of them not good, as we can see on this Chart :

Here I apply an HMA(8) to get the fastest response :

But to avoid so many signals, we can Average this line, using an EMA(8) of the HMA(8) and it looks like this :

On all type of moving average types, using a small period offers more response, less delay but more fake signals, so it is always a good idea to average the line several times using a small period ; Example : EMA(EMA(Close)) 

The Donchian Channel is also very useful, it has 3 lines : the upper, the lower and the median ( average between upper and lower ).

On this example I will use the Median of a 12 Bars Donchian:

These example Charts were generated with the TIS_Slope_Color Indicator for Ninjatrader, which allows to detect the Slope of any Indicator or combination of them as seen on this YouTube Video :


Hope you find these basic concepts useful to add or enhance your Trade Setups.

Please share and post any questions !

Best Regards,
Pablo Maglio

photo
Skype Skype id : pmaglio