Search This Blog

Thursday, May 8, 2014

Semi Automatic Systems for Ninjatrader

Semi Automatic Systems for Ninjatrader

Today we are going to cover in detail the Semi Automatic Systems features.


First of all, some definitions ;

... A Semi Automatic System is ...

  1. It is an Indicator that paints on the Chart a defined Setup.
  2. It also shows the Price Entry and sometimes there is also a visual and audio Alert
  3. Adds a Toolbar on the Chart with Buttons to Select Enable Long | Enable Short
  4. Some versions also add a Toolbar to select an ATM Name
As we can see, the points 1 and 2 are common on all our Setup Indicators

The main difference is on point 3 ;
A Semi Automatic System is an  Indicator that allows all to place Orders  in the Market

There is one important reason to use a Ninjatrader Indicator and not a Strategy, and this is because when we place a Strategy on a Chart, we can not use Chart Trader. If we can not use Chart Trader, then we can not see the orders on the chart.

A Semi Automatic System is an  Indicator  so we can use it on a Chart with Chart Trader enabled. From the Chart we can click on the corresponding Enable Trade Buttons and the system will wait for the next signal on the corresponding side and enter the market at the correct Entry Price using the User Selected ATM Order. On most advanced Automated Systems, we can also select the ATM name from the Tool Bar.



As we can see on the picture, the Indicator adds to the Tool Bar these options :
  • Title of the Setup ( SRS on this example )
  • Button to Allow Next Long Signal Entry
  • Button to Allow Next Short Signal Entry
  • Dialog Box to set the Name of the ATM to be used
There are 2 Modes of Use ; 
Semi Automatic
After a Fill, the Button gets disabled. So we need to click on it to take another Entry.
Automatic
Buttons can be locked. The system will take all signals ( All Longs, All Shorts or All Signals )

Why using ATM ?
Each time the system issues an ATM Order, it released the management to the Ninja ATM Module as on manual placed Orders.
This way the User has full Control over the Orders.
As we Know, an ATM contains definitions about 3 different positions :

Each Position has its own Size, Stop, Target, Trailing Stop and Auto Break Even.
We can change any of the ATM definitions while the System is working without disabling it. The next order will use the new settings.

A Semi Automatic System can trade or auto trade ANY Setup ( User can choose from our list or define its own rules ) from Chart Trader using ATM Orders with all explained features plus....

Money Management Module
The user can define the Max Daily Loss and/or Max Daily Profit limits for the day.
After one of those limits are reached the system will not allow to take more trades.

Position Management Selection
It is possible to get a signal while the system is already in the Market.
The signal can be on same side or against our current trade.
The user has full control about how the system must proceed selecting the value of Position_Manage according to this table :

The System is Not Flat and we have a New Entry Signal :
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 the following Video you can see an example of a Semi Automatic System :


As a reminder, 
  • Any Setup can be converted to a Semi Automatic System
    We recommend our Setups ; SRS, EMA, Reversal, Supertrend, ATRBC
  • A Semi Automatic System can work in Full Automatic Mode
  • A Semi Automatic System can work in Semi Automatic Mode ; the user must approve the Entry
  • The Orders ( Targets and Stops ) can be moved by the User
  • The user can define Daily Loss and Profit Limits for the Day
  • The User can define the behavior when having multiple signals.

Please let me know if you have any question or would like to get more info about converting your particular Setup to this format.

Best Regards,
Pablo

logo Pablo Maglio The Indicator Store 
Facebook Twitter LinkedIn Blogger Elance  G+  YouTube
LIKE MY Post ? GIVE ME KUDOS TO MAKE MY DAY !

Wednesday, April 9, 2014

The Best Combo Setup for Ninjatrader

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

BUY NOW:   BIG OFFER!!!


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

Dont forget to Follow our Google+ Page

We are also on Facebook and Twitter.

Best Regards,
Pablo

logo Pablo Maglio The Indicator Store 

Facebook Twitter LinkedIn Blogger Elance  G+  YouTube

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

logo Pablo Maglio The Indicator Store 
Facebook Twitter LinkedIn Blogger Elance  G+  YouTube

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 

Facebook Twitter LinkedIn Blogger Elance  G+  YouTube

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

logo 
Pablo Maglio The Indicator Store 

Facebook Twitter LinkedIn Blogger Elance  G+  YouTube