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Showing posts from 2016

Markers System - Tutorial #2

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Continued from  Markers System - Tutorial As we saw on previous post, Markers can detect objects painted on the Chart, like Arrows, Dots, Vertical Lines, etc ; most of the standard Ninja Objects used by Indicators to paint Entry or Exit Signals. And when detected, Markers can issue ATM Orders. An ATM Order includes not only the trade size, but also the number of positions ( 3 on Ninja 7 and unlimited on Ninja 8 ) and the corresponding Stop, Target, Trailing and Auto Breakeven for each position. Read More . Now, let's compare the 2 versions of Markers ; Features Markers Lite Markers Plus Number of Objects Supported 9 19 Option to Close Positions Yes Yes Manual & Semi Auto Yes Yes Max Daily Loss/Profit Yes Yes Time Windows 1 3 Entry Order Type Market Market / Limit / Stop Option to Filter Signals No Yes Tool to Create Signals No Yes Both Markers Versions can be purchased on this link The Main Differences are these : Markers Lite can automate sign...

Markers System - Tutorial

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Welcome to this New Series of Publications about Markers System for Ninjatrader Markers is a System that allows to automate Signals converting them into Orders. Example ; if we have an Indicator that paints an Arrow Down on a Short Signal, like this ; We can use Markers to detect and automate those Red Arrows. There are 2 versions of Markers ; Lite and Plus This is what Markers Lite  can do ; We can select 2 different objects with specific Colors ; one to Enter Long, and the other to Enter Short. Optionally we can also select 2 other objects to close long & short positions Select an Account where to execute the Orders Limit the Daily Loss and Daily Profit All other inputs ( Enable Long, Short, Exits, Manual or Automatic ) can be managed from the Chart Toolbar We can specify a Time Window inside where we allow trading. Outside this time window all signals are ignored and current positions are closed. Continued on Next Post ...

How and Why We Must pay attention to Volatility

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Hello Traders When we analyze a market, it is very important to take  into account  its volatility for the different time frames and times where we plan to trade. If volatility is too low we may have little or no chance at all of entering and leaving the market in a timely way with our expected targets and stops . If volatility is too high, we will surely have many opportunities for trades, but possibly the Stop needed will be much higher than expected. Let's see now how to measure volatility using the ATR (Average True Range) indicator The Range of a bar is the distance between its maximum and minimum price. The True Range includes the gap that may exist from the previous bar, therefore the  True Range  is equal to or slightly higher than the Range. The ATR is the  True Range  Average in the last N bars. In this example we see the ATR (14) on a Crude Oil & Euro Futures 5 Minutes Charts.     As we see, the ATR ...

Trading Overbought and Oversold Bars with Stochastics

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Defining a Trade Setup using Stochastics Using the Stochastic Indicator we can define several simple and easy Trade Setups. With the Ninjatrader Stochastics Indicator we can define Overbought and Oversold Bars when the K line is above or below these levels. The D line is an average of the K line, so the closest is its period to 1, the closest this line will be with the K. With a period of 1, both lines overlap one each other. We can use 2 different methods to trade with Stochastics ; Using both K and D lines ; we watch for Crossover of these lines, and take an entry depending where the crossover happened ; if it was on the overbought, we have a sell. If it was on the oversold, then it is a buy signal. Using only the K Line ; we wait for the K line being on the overbought/oversold area and trying to get out... Example using Method 1 ( K vs D Crossover :  TIS_STO_XO ) Example using Method 2 ( TIS_Reversal ) Watch this YouTube Video for more i...

2016 Live Trading Webinars

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2016 New Trading Webinars Session #1 ( EMA Crossover ) August 18, 2016 On this 1st webinar we start explaining a classic and easy Setup ; The Crossover of 2 Moving Averages To trade this Setup you only need an EMA, an indicator present on all Trading Platforms. On this video we learn how to select a pair of moving averages and how to use the threshold to avoid having fake signals on slow moving markets or sideways conditions. This Setup can be Created, Visualized and its Signals automated with Markers Plus for Ninjatrader. Learn More about Markers Plus :

Trade Setup using 3 Exponential Moving Averages

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Hello! Friends! We meet again to share 2 easy Setups using 3 EMA's:  ( valid also for other averaging lines like HMA, SMA, etc) . We know that the EMAs are the most basic indicators They can have a   Slow ( S) ,   Medium ( M) and   Fast ( F)  Period Example:    F 10  /    S 50 /  M 20 1) Set Up: Enter the Market when the 3 lines align in same direction and order. 2) Set up: The Crossover of Lines  F ( Fast )   with  M  ( Medium) are filtered according to the   S ( Slow) line position . Este cruce alcista esta filtrado porque esta por debajo de la linea negra. Find more details on this YouTube Video :

Trade Setup Examples : Defining Entry Signals

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Entry Signals There are different ways to Trade a Market, no matter what Instrument or Time Frame, we must analyze which works best ; I would classify the possible Setups in 2 Ways ; Trade Breakouts We must define a rule to specify an area ( over and below the market ) that once broken will trigger an entry signal ; a long when the area is broken to the upside, and a short when broken to the downside. Trade Pullbacks We must define a rule to calculate the Trend. When it exceeds a threshold, then we are trade ready to enter on a retracement Some instruments can be traded better on one mode than the other. The combination of instrument and timeframe is also important, because the same instrument can perform better with breakouts on one time frame while working better with pullbacks on other. Examples : This is a 5 Minutes EURUSD Forex Chart If we use the last 8 Bars Pivot ( we can use the Swing(8) Indicator) then we can define our breakout area by the last detected u...

Trade Setup Examples : High Time Frame Filters

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High Time Frame Filtering Filtering our signals taking into account the trend defined on a Higher Time Frame is one of the most important factors to take into account. We can see on these Charts some Examples : This is a High Time Frame Crude Oil Chart, very slow for Day Trading, where each bar has a Size of 18 Ticks, too big for the precision of an average day trading trade, where we use targets and stop near or lower those 18 Ticks. But if we go back to our Trading Chart, much faster than this one, where we can have several Up and Down signals during one single bar of this slow Chart, which of these trades will have more Odds to Succeed ? It is evident that we can get much better targets and less losers if we filter these signals using the higher timeframe trend. Now, How we define the Trend ? 1) OpenClose The example shown here ( 1st Chart ) is the easiest way ; while bars are closing up (green), the Trend is Up. When bars are closing down (red), the Trend is Dow...

Defining a Trade Setup

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Beginner's Guide to Define a Trade Setup Hello Everyone ! On this Article I will explain the basics on defining and executing a Trade Setup. It doesn't matters if we are analyzing Forex, Futures, Stocks or any other instrument, the rules are the same and they work anywhere. An important step we must follow to document what are we doing is to write the rules in a way that anyone can understand and trade in the same way. As a suggestion, try to avoid long and complex conditions and try to differentiate the setup into these 3 different items : Entry Trigger A group of conditions that when all in agreement trigger an Entry Signal Filter Conditions A group of conditions that must agree to accept an Entry Signal Usually we can put all these conditions together with #1 Exit Trigger A group of conditions that when all in agreement trigger an Exit Signal. Any remaining position is closed when this happens. Examples of #1) Entry Trigger Fast Line crosses above S...