Setup Reversal
Presentation : What is Reversal ?
Presentación : Que es Reversal ?
The best Indicators and Strategies for NinjaTrader
Showing posts with label ENGLISH. Show all posts
Showing posts with label ENGLISH. Show all posts
Monday, July 4, 2022
SRS Setup
What is the SRS ?
Que es el SRS ?
How to optimize it...
Como optimizarlo
Includes a Strategy to backtest and Optimize.
Este indicador dibuja señales compatibles con Builder y Markers, por lo tanto se puede automatizar muy fácilmente.
Incluye una estrategia dedicada para backtestear y optimizar parámetros.
Free Chat Room
You are invited to our Free Chat Room on Discord
Discord is a free Chat Platform
If you already have a Discord Account, add our server link (https://discord.gg/khCxe3H) clicking on the plus button on the left panel :
We use Discord as Chat platform, and if you never used it, just create a user at Discord.com and then add our invite link :
The access is free and you can chat with other users, post questions and also get tech support
If you are a Markers User then you have access to the Users Sections, where you can chat with other users, watch tutorials, download example templates, latest beta and final releases and get tech support.
Best Regards,
Pablo Maglio
 Pablo Maglio |
 |
Tuesday, October 1, 2019
Markers Plus The Force - New Release 1909
What's new in the 1909 version of Markers Plus for NinjaTrader
The new features included in this latest September version make this package the perfect tool for the analysis and design of new Trading Strategies.
As we saw in previous notes, the Markers Plus package "The Force", in addition to its well-known automation module, includes a series of tools that allow you to create signals, filters, and even, as we will see, dedicated indicators.
Among the main tools we find:
Markers Copy: Copy the value of any line painted by any indicator in a Markers variable
Markers Crossover: It allows us to detect distances between two variables (that is, lines that we have previously copied) and paint signals when a crossing occurs.
Markers Slope: It allows us to calculate the slope of any line of any indicator and paint signals when the slope changes sign
Markers And: It allows us to define a series of rules (the quantity is unlimited), and when they are fulfilled, you can paint a signal, or enable a filter
Markers Or: Same as before, but only when one of the conditions is met.
Markers Paint: It allows drawing a line in the chart using as a data source, a mathematical expression using variables, numbers and candle values (high, low, opening, closing)
The novelties of this version are precisely the ability to make algebraic calculations in the input parameters of Crossover, And, Or and Paint.
For example, if we use Copy to copy the value of an HMA in the myhma variable and another Copy to copy the value of the ATR in the myatr variable then we can:
Use Markers Paint to paint the line myhma + myatr * 2
Use Crossover to detect the cross between close0 and myhma + 2
Use And to create a filter that rewards buying if myhma> myhma [1]
Markers Internal Variables
We always have available the following variables followed by a number indicating the candle to which we refer, 0 being the current candle, 1 the previous one, etc.
In addition, any variable in which we copy a line of an indicator (for example myhma) allows us to obtain the value in the current candle using only the name; myhma, as well as N candles back using myhma[N]
The following video shows several examples:
Visit our Chat Room in Discord for more information :
The new features included in this latest September version make this package the perfect tool for the analysis and design of new Trading Strategies.
As we saw in previous notes, the Markers Plus package "The Force", in addition to its well-known automation module, includes a series of tools that allow you to create signals, filters, and even, as we will see, dedicated indicators.
Among the main tools we find:
Markers Copy: Copy the value of any line painted by any indicator in a Markers variable
Markers Crossover: It allows us to detect distances between two variables (that is, lines that we have previously copied) and paint signals when a crossing occurs.
Markers Slope: It allows us to calculate the slope of any line of any indicator and paint signals when the slope changes sign
Markers And: It allows us to define a series of rules (the quantity is unlimited), and when they are fulfilled, you can paint a signal, or enable a filter
Markers Or: Same as before, but only when one of the conditions is met.
Markers Paint: It allows drawing a line in the chart using as a data source, a mathematical expression using variables, numbers and candle values (high, low, opening, closing)
The novelties of this version are precisely the ability to make algebraic calculations in the input parameters of Crossover, And, Or and Paint.
For example, if we use Copy to copy the value of an HMA in the myhma variable and another Copy to copy the value of the ATR in the myatr variable then we can:
Use Markers Paint to paint the line myhma + myatr * 2
Use Crossover to detect the cross between close0 and myhma + 2
Use And to create a filter that rewards buying if myhma> myhma [1]
Markers Internal Variables
We always have available the following variables followed by a number indicating the candle to which we refer, 0 being the current candle, 1 the previous one, etc.
- close0, close1, close2, ... closeN (the closing of the candle in position N)
- open0, open1, open2, ... openN (the opening of the candle)
- high0, high1, high2, ... highN (the maximum of the candle)
- low0, low1, low2, ... lowN (the minimum of the candle)
- vol0, vol1, vol2, ... volN (the volume of the candle)
In addition, any variable in which we copy a line of an indicator (for example myhma) allows us to obtain the value in the current candle using only the name; myhma, as well as N candles back using myhma[N]
The following video shows several examples:
Visit our Chat Room in Discord for more information :
Pablo Maglio
 |
 Skype id : pmaglio      |
Sunday, August 18, 2019
Indicator Updates - 2019-08
Indicator Updates : Aug 2019 ( 2019-08 )
Hola a Todos !
Los siguientes Indicadores para NinjaTrader 8 han tenido Upgrades y están listos para descargarse de la sección Descargas ( recuerde que debe estar logueado a la página para poder descargar )
Primero debe desisntalar la versión anterior : Tools + Remove Ninjascript
Luego instalar la nueva : Tools + Add Ninjascript
Cualquier duda o comentario, por favor publicarlo en el Chat : http://bit.ly/TIS_Room
Hello Everyone !
The following Indicators for NinjaTrader 8 have Upgrades and are ready to download from the Downloads section (remember to be logged to the page to download)
The following Indicators for NinjaTrader 8 have Upgrades and are ready to download from the Downloads section (remember to be logged to the page to download)
First you must uninstall the previous version : Tools + Remove Ninjascript
Then install the new : Tools + Add Ninjascript
Please post any questions or comment on the Chat : http://bit.ly/TIS_Room
Tuesday, August 13, 2019
How To Find a Winner Trade Setup
How To Find a Winner Trade Setup
In this note we will analyze the statistical approach to Trading, and thus answer several of the most common questions.If you ever asked yourself some of these questions (or asked a strategy vendor), I suggest you read this note and watch the video attached at the end.
- What is the effectiveness in this or that system?
- How much does the X system earn?
- What is the best system ?
- How much can I earn with an X size account?
- Why sell a system if it produces profit?
- and several usual questions when starting to learn trading...
First some definitions:
A Trade Setup is a pattern, for example, a crossing of lines, a change of candle color, etc.
Even a robot, what it does is looking for a pattern, even if it is not specified which is.
Even a robot, what it does is looking for a pattern, even if it is not specified which is.
Once a pattern is defined, for example a fast average crossing a slow average (this example is included in NinjaTrader) we need to find a combination of parameters (in this case the periods of both means), which produce the best results in the last N days.
NinjaTrader includes a module called Strategy Analyzer very useful for this purpose. See the video at the end of this blog to see an example.
It is important to keep in mind that we are looking for a combination of parameters that have produced the best performance in the last N days, or weeks. I mean ... in the past.
It is not so difficult to obtain good results using the analyzer. It is even possible to do it through a visual analysis, when the setup is not so complicated.
What must be taken into account is that the statistic is valid for that time interval in the past, and the objective of a trader is to speculate that in the future there will be some correlation making that combination of parameters continue to function for a certain time..
Surely you will have seen in many trading sites the mention of the CFTC Rule 4.41 which makes just mention that the results in the past do not guarantee that they will be repeated in the future, precisely because of what we have just mentioned.
The problem is that many unscrupulous sellers promote systems that claim to make profits effortlessly. Thing that makes no sense, since if so ... why sell it instead of use it ?
That is why the CFTC obliges to mention said rule when mentioning any system that works on futures.
As we have no way of knowing how long this configuration will work, we must monitor the performance of our setup when we put it to work live to detect any deviation from our report.
With respect to the range of dates to optimize, the ideal is to have one or more full weeks. This way there will be at least one day of the week or more. This is because every day of the week is different from the rest.
A common mistake is to make this date range very large; I have seen that several traders ask if there are performance reports of months or years of any strategy.
The answer is that it is possible to obtain a report of the time interval that we want, and even optimize it in any way, to get medium to low earnings with high to low risk, with high to low win%, etc ... as we see in the video.
The main thing to keep in mind is that having a report is just a photo, it can serve for a few days until we have to optimize again.
Optimizing a very long date range is not advisable, since when analyzing moments with different volatility what we are going to achieve is to average results down.
What we must take into account is the sample size, since obtaining a statistic of 10 trades is not as significant as one of 100 trades.
The ideal is to optimize the shortest possible time, in multiples of weeks from what we saw earlier, but that produces more than 100 operations.
The ideal is to optimize the shortest possible time, in multiples of weeks from what we saw earlier, but that produces more than 100 operations.
Having a good amount of operations we make sure we have a reliable statistic, whose results we can use to monitor the setup in real time.
For example, the max drawdown, the maximum number of consecutive losers and the win%.
If any of these values is exceeded, (we can put a limit of 10 to 20% of them) we should stop operating the rest of the day.
As it may be an atypical day, we should try again the next day.
If we have a day out of bounds again then it is time to stop using this configuration and wait for the weekend to repeat the optimization process.
For example, the max drawdown, the maximum number of consecutive losers and the win%.
If any of these values is exceeded, (we can put a limit of 10 to 20% of them) we should stop operating the rest of the day.
As it may be an atypical day, we should try again the next day.
If we have a day out of bounds again then it is time to stop using this configuration and wait for the weekend to repeat the optimization process.
From the above we can then deduce that the performance we have at the end of the month is not as good as the one shown in a report, since we have to take into account the days breaking the statistics, that is, they produce a drawdown greater than calculated, and also the days in which the system is not operated, because some parameter was exceeded and we must wait for a new week to optimize.
Knowing this gives us a more realistic idea of what can be achieved by trading, and not being disappointed by false expectations after trying a system that seemed to work well and at some point I stopped doing it.
This is a constant work of trial and error, and it must be clear that nothing works forever.
This is a constant work of trial and error, and it must be clear that nothing works forever.
I hope this info helps you see trading in another way, more realistic and at the same time more useful to achieve good results..
Any questions or comments, please post in the comments section of the video.
Thanks
Pablo Maglio
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Skype id : pmaglio |
Tuesday, August 6, 2019
Bollinger Trender Trade Setup
BOLLINGER TRENDER SETUP
This Strategy is a combination of the classic Bollinger Bands Breakout :
While the Market keeps inside the Bollinger, nothing happens.
The bars can be outside of the bands, but the setup is looking for a bar closing outside, like on the trade shown by a blue Arrow :
This setup is useful on volatile markets where after a breakout there is no pullback, but on usual price action, the market tends to have a minor breakout from the bollinger and then a pullback.
This is what we are looking for in the Bollinger Trender : the gold arrows show a long and a short trend.
The Long happened just after a small breakout above the upper bollinger band, not enough for a target on the classic breakout setup, but enough to get a winner on the pullback.
The short instead, happened after a successful breakout trade below the lower bolllinger band, and it also produced a winner.
Targets are smaller, of course, but also the risk.
The interesting feature of this setup is its simplicity, and so, the creation of a strategy using NinjaTrader Builder is easy, as also optimizing its settings, as shown on the following video :
Please live your comments on YouTube and give me a like if you find it useful.
And don't forget to Subscribe my Channel
Pablo Maglio
|
Skype id : pmaglio |
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