New PMS_EMA Semi Automatic Strategy

In continuation with our Project of upgrading all our Systems to the New Format of Semi Automatic System so We can Auto Trade from Chart Trader...

The Indicator Store presents the New version of the PM_EMA Setup :

This package (PMS_EMA) contains an enhanced Indicator with the following Features :

• Option to Paint Bars according to Trend
• Option to Draw Envelope
  
• Option to Generate Audio and Text Alerts
• Offset Option ( New on this Version )
  
• Option to specify ATM Name to execute
• Option to execute trade by Trade ( Button disables after each trade )
  
• Option to take all signals ( Buttons remains enabled after trade )
• Strategy works in slave mode, receiving data from the indicator
  
• Bidirectional communication between the Indicator & Strategy
  ( Indicator receives acknowledge from Strategy to enable sending orders )

On the following picture we can see an example where the indicator is ready to send orders, and Short button is enabled, so it will take the next Short Signal :

On the next example picture, the indicator can not communicate with the strategy, so it can not send orders.

Possible reasons ; Datafeed not connected, not receiving data for the selected instrument or the Strategy is not Ready...

We will continue upgrading all our Setups to use this New System.
Next to come ; ATR_BarColor, PM_Reversal (New Setup)

If you are interested in automate any other System, please ask...
We can convert any indicator into a Fully Auto or Semi Automatic System...

Good Trading !

Pablo

Pablo Maglio , The Indicator Store  Pablo@TheIndicatorStore.com www.TheIndicatorStore.com

    

New SRS Semi Automatic Strategy

The Indicator Store present its New Line of Semi Automatic Systems

Our First Product using this system is the SRS.

As you remember, with the SRS we get an Audio and Visual Alert indicating a possible entry :

On the Alert Window We can identify the Symbol ( CL 10-13 ) and the possible entry.

So We watch at the CL 10-13 Chart and place the Entry Order ; a Buy Stop over the Cyan Diamond :

We continue updating the Order Entry Price while the Cyan Dot moves...

... or Cancel the Entry Order if Dot disappears and bars turn gray

The New Version of the Semi Auto SRS includes an updated Indicator that places Buttons on the Chart, as seen on previous pictures.

This indicator has the following Input Parameters, including settings for the ATM name, the same that we use on Chart Trader. So we can control the trade size, trailing stop, targets & Stops from the Indicator, by just changing the ATM Name...

Watch this YouTube Video to see how it works :

Please post any suggestion or question...

Regards,
Pablo

Pablo Maglio , The Indicator Store  Pablo@TheIndicatorStore.com www.TheIndicatorStore.com

    

Selling Tops and Buying Lows on Ninjatrader

Selling New Highs and Buying New Lows are known setups with big Profit Potential when we catch a Reversal. But we can also get several losers in Row on a trending or Impulsing Day.

It is always recommended to have some additional confirming factors over the zone we want to Buy or Sell.

We can add structural factors, like a higher time frame wave possible termination, or well known fib retracement, etc.

The more factors providing from different timeframes, the better odds to succeed in our trade.

Looking at technical indicators, we can also look for divergence and/or overbought/oversold indications. 

For example we can look at the MACD ( red line ) making a higher low while price is making new lows :

We can also look at a stochastic (red line) and watch for 2 things ;

• red line is over a defined value, so it is over bought AND it is going down
• red line is below a defined value, so it is over sold AND it is going up

See following picture :

If we filter those conditions on the Stochastic, and replace them by dots ; Cyan Dots for Over Sold ( Buy Signals ), and Red Dots for Over Bought ( Sell Signals )

we get this Chart :

...it looks really nice, but we must remember that dots are calculated ( so painted ) after bar is finished, so it is not possible to enter with limit orders.

See this following example :

That means that we have 2 options ;

Try placing a limit order slightly below the open of Bar, near the Close of Signal Bar, or placing a Buy Stop some ticks over the High of Signal Bar.

On The Indicator Store, we have developed a Reversal Indicator as shown on Previous Pictures, that works intrabar, so it shows unconfirmed Signal Dots. That gives us the time enough to place a stop order. After the bar completes, that signal will become on confirmed, so we can leave the order working, or will be removed, so we can cancel our order.

Take into account that if market keeps going down, the unconfirmed signal will be removed and our buy stop order will stay unfilled, so we have enough time to cancel it.

This is a link to the TIS_Reversal Indicator on The Indicator Store WebSite

On this video it is possible to see it working live


This video with no audio will show some examples on real time :

Pablo Maglio , The Indicator Store  Pablo@TheIndicatorStore.com www.TheIndicatorStore.com

    

PM_ATR_BarColor Strategy for Ninjatrader Performance

PM_ATR_BarColor Strategy for Ninjatrader

Performance on Crude Oil Futures on a 9 Range Chart

Interval of Report : Jun 30 to Aug 26

This report is not including the commissions, so we must multiply the total number of trades (106) by our current commission for CL ( average of usd $5 ) and deduct it from the Total Net Profit ( $3860 )

The Maximum Drawdown is $1160, that gives us an idea of the trade account size needed for this system :

The Max drawdown should be in the order of 5% of the account size, so the suggested account trade size should be 22K or higher.

The Daily Profile offers also an idea of what we can expect in terms of max daily Losses ;

Another important factor to take into account on this setup is the time window where it operates, it has been profitable in the pre-market ( before the pit CL session opens ) and this has not changed from last year :

The PM_ATRBC Sytem is available in 3 different formats:

• Indicator
• Semi Automatic Strategy and Indicator
• Fully Automated Strategy

Regards,
Pablo

Pablo Maglio , The Indicator Store  Pablo@TheIndicatorStore.com www.TheIndicatorStore.com

Ninjatrader Indicators - 2013-08-23- Trade Log

Trade Log for August, Friday 23

SRS Setup on Crude Oil October Futures Contract ( CL 10-13 )

SRS Setup on Gold, December Futures Contract ( GC 12-13 )

Please subscribe or update your preferences on  this link 

Regards,
Pablo

Pablo Maglio , The Indicator Store  Pablo@TheIndicatorStore.com www.TheIndicatorStore.com

Ninjatrader Indicators - 2013-08-22- Trade Log

Trade Log for August, Thursday 22

SRS Setup on Crude Oil October Futures Contract ( CL 10-13 )

• Risk is always 15 ticks ( $150 ) per contract.

Only 2 signals today ;

• First was a Long at 2:40 Eastern Time ( too early for me ) over Global Resistance and more than 50 Ticks available.
• Second Trade was a Short, also from a Global Zone with more than 30 ticks available

SRS Setup on Gold, December Futures Contract ( GC 12-13 )

All Shorts Today, Big Winners with no less than 30 ticks available on those coming from Global Zones.

Automating Signals :

If we want to automate this system and trade all the signals, then we need to start by defining a fixed target.

I usually use a Fixed target of 10 ticks. In that case today we had 7 winners and 4 losers. 

Total = 7 x $10 - 4 x $15 = + $10 ( ..so not a good day before commissions )

The stop remains as usual on 15 ticks ( $150 )

On the following Reports we can see the Performance on last 2 Months using 15 Ticks of Target :

Today Results :

Today was Breakeven

Daily Report :

Equity Curve :

Performance Report :

As we can see, this configuration has 60% Winners using a 1:1 Profit/Target Ratio.

To deduct commissions just multiply the number of trades ( 265 in 2 Months ) by the Round Trip Value of Gold on Your Broker ( usually near $5 ) ..Approx $1400 from the Total Profit of $7600.

This is not the only configuration available, using the strategy we can optimize and find settings to trade with the trend, against it, with bigger targets, or bigger win%

If you are interested in learn more about the SRS, you can register for the next free webinar on these links :

• Free Webinar in English Link to Register
• Seminario Gratuito en Castellano, Link para Registrarse

All webinars are on Wednesdays ; 10AM ET ( Castellano / Spanish ) + 12PM ET ( English / Ingles )

Don't forget to check more info about the Indicators and Strategies at :
SRS Indicator - SRS Strategy - SRS Semiautomatic Strategy
ATR_BC Indicator - ATR_BC Strategy - ATR_BC Semiautomatic Strategy
Ichimoku Indicator
Volume Profile Indicator

Please subscribe or update your preferences on  this link 

Regards,
Pablo

Pablo Maglio , The Indicator Store  Pablo@TheIndicatorStore.com www.TheIndicatorStore.com

Ninjatrader Indicators - 2013-08-21- Trade Log

Trade Log for August, Wednesday 21

SRS Setup on Crude Oil October Futures Contract ( CL 10-13 )

All longs, risking 15 ticks. Two of them over Global Support with more than 50 ticks available

SRS Setup on Gold, December Futures Contract ( GC 12-13 )

Several Longs in the Morning, 2 of them over Global Support and a Short over Global Resistance on the Afternoon
More than 40 ticks available

Don't forget to check more info about the Indicators and Strategies at :
SRS Indicator - SRS Strategy - SRS Semiautomatic Strategy
ATR_BC Indicator - ATR_BC Strategy - ATR_BC Semiautomatic Strategy
Ichimoku Indicator
Volume Profile Indicator

Please subscribe or update your preferences on  this link 

Regards,
Pablo

Pablo Maglio , The Indicator Store  Pablo@TheIndicatorStore.com www.TheIndicatorStore.com