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Showing posts from January, 2013

Impulse Trades of the Week

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These are the Last Trades of the Impulse Setup, as we explained the last week British Pound Futures ( 6B ) and Forex ( GBPUSD) The chart has overlapped the entry markers of the Indicator TIS_Impulse_Indicator and the entries executed by the PM_Impulse Strategy . As we see there is only 1 entry missed due the time filter used on the strategy. Euro Futures ( 6E ) and Forex ( EURUSD) This chart shows the same setup executed on Euro Futures ( or EUR-USD Currency Pair on Forex ). We are missing one trade again, because the start time adjustment of the strategy. As we already explained, the Impulse Setup Logic is SIMPLE ; When a Fast Band is above a Small Band , We are in Long mode. When a  Fast Band  is below a  Small Band , We are in  Short mode . ..on old versions ( PM_Impulse_v2 ), Fast Band was just a moving average . This behavior can be emulated on this last version using a null width. Once We are in Long/Sh...

TIS_MultiTrail Indicator for Ninjatrader

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TIS_MultiTrail Indicator for NinjaTrader ... a Tool to Manage Trailing Stops Once we have cashed out the First Target of our trade, one of the most difficult tasks to achieve is optimizing the performance of our runners . I call runners to those positions without a defined target, where we keep moving the stop trying to stay in the market the most part of the trend. Placing our stop a few ticks from the previous bar extreme is one of the most usual methods, but not the best ; we usually get stopped out at a small retracement, and then the market keeps going on the same direction...without us ! The Multitrail indicator uses a combination of ATR ( Average True Range ) and HMA ( Hull Moving Average ) to get the fastest move according to the current volatility : Click on the Chart to Zoom If you look at the chart with detail, you will see that there are several instances where price touches the line, without changing the trend ; this is...

PM_EMA Strategy for NinjaTrader - Setup Review

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Hello everyone ! It has been a long time since the last post we made about this setup, so we are going to explain it to the maximum detail and show how to trade it with its TIS_EMA_Indicator and the Strategy PM_EMA_Trader . This is a Trend Following Setup, so it works better with trending Markets. It can be optimized for Impulsive Markets, but it will not perform in its best way. There are other Setups focused to Impulsive Markets ( See Impulse Setup ). In terms of simplicity and easy to use this is one of the most easy and simple setups to follow and we only need to focus on 2 ( two ) Indicators : An Exponential Moving Average ( EMA ) An Envelope ( Fixed number of ticks above and below the EMA ) The Exponential Moving Average (EMA) defines the trend and also is the entry ; ...when price is above the EMA, we want to go Long at its price ...when price is below the EMA, we want to go Short at its price The logic is that the price will bounce near the moving average, sev...

Week Trades using Indicators for Ninjatrader from The Indicator Store

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Hello ! We will describe the trades we could execute this past week using the Indicators for Ninjatrader designed by The Indicator Store ; TIS_Small_Range and TIS_Impulse_Trader . Impulse Strategy On the following charts, we can see the entries of the Impulse Setup on the British Pound  ( Forex : GBPUSD ) and a comparison of its entries to the futures version (  6B ) As we can see on the next chart, this system is valid on Forex and futures, showing the same entries on both The only difference is the tick value (  $6.25 ) vs GBPUSD  pip value. The British Pound  (6B)(GBPUSD) has been moving very well this week, making this strategy very profitable. The Timeframe used is Range 6 and the parameters are : Slow Moving Average Period = Channel Size = 8 ticks/pips Fast Moving Average = 8 Entry = -3 ticks/pips from Slow moving Average On the following Chart, we see the same Strategy applied to the euro - dolar  pair (EURUSD). As we already e...

Small Range and Impulse Indicator Alignment

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On the following chart, we can see the use of the  Impulse Indicator  and  Small Range Indicator  for NinjaTrader showing the first short signal of the week on Crude Oil. Luckily, both signals of both uncorrelated systems are triggering on same Price Area The implied risk of both trades are similar and in the range of usd 150, while the possible target is bigger than usd 500 using trailing stop. First Sell Trade of the Week using Small Range Setup First Sell Trade of the Week using the Impulse Strategy As you can guess, nothing better for a strategy, to have another uncorrelated setup aligned on same Price Area For those who follow these Setups, knowing the fact of confluence increases the probability of success. Regards, Pablo Maglio www.TheIndicatorStore.com

Impulse Setup on EURUSD and AAPL

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Hello, Welcome ! On this new Article we continue analyzing the Impulse Setup. Now the question is ; Is this useful for Forex or Stocks ? .... YES ! ! On this publication I will share with you examples of application of the Impulse Setup On Forex and also on Stocks ( AAPL ). The following chart is a 15 Minutes EURUSD with the Impulse Setup Indicator applied. We can see several shorts happened last week, and today we had the first long ( currently a nice winner ) And now an example on Stocks, for example a 15 minute  AAPL chart : The number of trades is much lower on stocks than Forex, and the number of signals on Forex is even much lower than Futures. But the system works anywhere. Please remember that on previous posts I have much more detailed information about this Setup. The Indicator Store has dedicated Indicators and Strategies for this setup, to visualize, identify, backtest and optimize its settings.  If you liked this article please sha...

Impulse Setup on Gold

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As a continuation of yesterday's Post where We explained the  Impulse Setup , today We had an excellent example of this Setup on Gold ( GC ) In the attached chart we can see how after the Employment Report at 8:30 ET, the Gold Market had some quick moves almost impossible to trade ( take a look at the    TIS_Bar_Time  indicator at the bottom of the Chart showing several bars with time duration close to zero  ). After Maket calmed from the Report reaction, the Bar duration returned to an average of 30 seconds and We had 2 signals ;  A Short, with only target 1 available ( 10 to 15 ticks ). Rest of position out at break even. A Long, with first and second targets, and also a possible runner with trailing stop  If you liked this setup or have any questions and suggestions please post and share !  Regards, Pablo Maglio www.TheIndicatorStore.com

Trade Setup for Impulsive Markets

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The most profitable markets are those with Impulsive Movements. A Market leaves the Trend mode and switches to Impulse Mode when there are no more pullbacks big enough to get into the trade, and when it finally happens the move is finished leaving just a small winner or even a loser. On volatile markets, the switch from sideways to Impulse is so fast that we dont even get an entry on the first trending pullback. This is why it is so important to define when the Impulse Mode is starting so we can use an early entry. The most volatile markets are crude oil, gold, silver, nat gas  ( CL, GC, SI, NG ). Cash Index Markets like S&P ( ES ) are mostly on sideways or trending mode. Some of these trend moves may sometimes change to Impulse Mode, allowing to the trend entries increase their profits. We have several ways combining classic Indicators, to define when the market is Impulsing. The most used ways to trigger an Impulse Signal are : 1)      A Fast Mo...

OpenGap Indicator for NinjaTrader

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There is a lot of info about the Gaps, and mainly about those not yet closed ; the OpenGaps . In the following article I will show the several ways we can use the OpenGap Indicator. To begin, we must define what is a "Gap" ; it is the difference between prior session Close and current session Open. This definition limits the number of markets where this definiton is valid to apply ; We need an instrument with  a well defined Day Session time like Standard and Poors ( ES ), where there is a  24 Hours Market, but the main Volume is in the Day Session Trading Time. If the Gap ( Yesterday's Close - Today's Open ) is greater than a certain value ( usually 2 to 3 points in ES ) then we consider there is an Open Gap. The Open Gaps are followed by lot of Traders, so its importance as Support and Resistance is huge. If We are not following this Strategy, We should at least have into account the existent Open Gaps, to act according to their location. For example, taking ...