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Showing posts from December, 2012

TIS Squeeze Darvas Setup Indicator

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On this New Post I will explain the Squeeze Darvas Setup and how to trade it with an Indicator for Ninjatrader The Name of the Setup is Darvas_Squeeze and the indicators needed are : Squeeze Indicator Darvas Indicator For the purpose of this explanation I will be using TIS_Squeeze and TIS_Darvas  but any general Squeeze and Darvas indicators will work fine. If you are not sure how a Squeeze indicator works, it is very easy to understand, in fact, if you don't have a squeeze indicator, with just a Keltner and a Bollinger is possible to know when there is a squeeze signal condition : On the following picture we can see a blue envelope ( Keltner Channel ) and a green band ( Bollinger Band ). When the Keltner is bigger ( containing inside) the Bollinger then there is a Squeeze Signal ( red dot on the Squeeze Indicator at the bottom ). The rectangles are the Darvas boxes , and these are used to define the breakout zone ; The way to tr...

Best Indicator for NinjaTrader

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Several people asked me about which is the best indicator to use... In my humble opinion it is not related to a specific indicator but to a group of indicators, and the most important is to choose the correct ones and how to set them all together to find an edge. In the following example I will show you how the Small Range Setup uses a different group of indicators to filter a setup from different scopes ; The following is a GOLD ( GC 02-13 ) Chart of today ( Dec 20, 2012 )  On this setup I use a trendline ( blue exponential moving average ) an envelope ( gold envelope of 8 ticks size around a 17 moving average ) and Donchian Channel of 13 bars. When the envelope is all below the trendline we are in sell mode ... A bar can trigger a signal, only if it is making equal or higher high for a short , so we check that the high of bar must be touching the Donchian Channel. If all of these conditions align, then we place a sell stop 2 ticks below the signal bar......

Small Range Setup

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New Setup : Small Range link to big picture This is an old setup focused to trade trending and/or impulsing markets in the direction of the trend. The Entry Type uses Stop Orders as it is intended for fast volatile never returning markets like crude oil or gold. This setup uses the following Tools : A slow Moving Average to define the Trend (blue line) An envelope around a fast moving average to define the trade / no-trade condition A channel to verify that the entry bar is making an extreme of the move A tool to calculate the range of the bar ( not used on range bars) When the blue line is all outside the envelope, the setup has a trend. Otherwise it is in neutral state ; gray bars = do nothing. If we have red bars and current bar is touching the upper channel, then we have a possible short entry. When not using range bars we can add another condition ; signal bar must be of small range ; The short entry is a Sell Stop some ticks below signal bar ( usu...

The Indicator Store New Web Page

The Indicator Store estrena nuevo sitio ...ahora con muchos mas productos y facilidad de busqueda y compra. The Indicator Store has new Web Page ! ..now with a lot of products and an easy to use interface to browse and purchase. www.theindicatormarket.com