ephi144

here is what i am worried about...whipsaws as show in the figure below. Trade 1: Buy - gets stopped out lose of $150 + $10 spread + $2 comm Trade 2: Sell - gets stopped out lose of $150 + $10 spread + $2 comm Trade 3: Buy - moves close to target so you move your stop up to breakeven point (we assueme this but we could use volatility stops). you get stopped out lose of $10 spread + $2 comm Trade 4: sell reaches close to target one (1.28149) so you break even when your stop is taken out. lose of $10 spread + $2 comm. trade 5: Buy - gets stopped out lose of $150 + $10 spread + $2 comm Trade 6: sell - gets stopped out lose of $150 + $10 spread + $2 comm Trade 7: reaches both target Gain or $330 - $10 spread + $ 2 comm Lose of: 150 * 4 = $600 + 10 * 7 = 670 + 7 * 4 = 698. Gain of: 320 total = -700 + 320 = 380 draw down.

Definition: Fast MA = white/magenta line. Slow MA = white/red line. 1. Sell when Fast MA moves below Slow MA with a candle close below Fast MA but only when Slow MA turns Red. 2. Long when Fast MA moves above the slow MA but only when Slow MA turns White and a candle closes above Fast MA. 3. No action when one Magenta and one red. 4. No action when both white. 5. No action if we have moved away 15 pips or more from the entry candle(fast MA). Initial stops are always at 15-20 pips. You can also use the 1 – 1 risk:reward ratio. First target is 15-20 pips at this time you move your stops 10-15 so you are closer to breakeven. Second target is 40 pips. Here you move your stops to 20 pip in profit. Volatility stops are in experimental phase. i am becoming a fan of volatility stops they are giving me really good resuls for trailing stops. Reentry If you close at target 1 or 2 then reenter only when there is a break above/below your exit point + 10 pips.

has anyone worked with hulls moving average i am expirmenting with HMA 24 an HMA 55. using some color rotation ideas for the HMAs and combining with visual price pattern to trade eurusd and ES. has anyone done anything like this? what was your result? did you add other indicator for helping filter out trades? even if you have not what do you suggest about working with somethin like the explained before? thanks for your input/

buy 2 1 terabytes of hard drives (they cost 140$ for one) from newegg.com then use back up software. try to avoid off site back ups as you do not have that great of securtiy and it will take you weeks or months to upload your 1.5 TB data.

never mind i got it thanks

i am using Hulls moving average from this site. jtHMA is the function that i am going to be using. jtHMA has a color rotation. in my strategy what i want to do is use two HMA averages. i want to program it so that if fastHMA crosses above slowHMA then WHEN slowHMA changes color then do something

i have got what i was looking for (i wrote that myself) but i want to add one more feature which that the text is only painted for the yesterday and no other bars. so i am looking at the atr values of yesterday not before nor today's. i tried to use if CurrentBar = 1 then but it does not work thanks

[LegacyColorValue = true]; input: PeriodValue(7); vars: HighAtrTxt(-1), LowAtrTxt(-1),Atr(0),HighATR(0),LowATR(0); Atr = AvgTrueRange (PeriodValue); //7 day ATR HighATR = HighD(1) + ATR; LowATR = LowD(1) - ATR; if BarType = 2 then begin HighAtrTxt = Text_New(Date, Time, HighATR, "High ATR"); LowAtrTxt = Text_New(Date, Time, LowATR, "Low ATR"); text_SetLocation(HighAtrTxt,date, HighATR, HighATR); text_SetLocation(LowAtrTxt,date, LowATR, LowATR); text_SetString(HighAtrTxt,NumToStr(HighATR,0)+" High ATR"); text_SetString(LowAtrTxt,NumToStr(LowATR,0)+" Low ATR"); text_SetColor(HighAtrTxt,Green); text_SetColor(LowAtrTxt,Green); end;

how can i plot "live" calculating ATR % in tradestation. what i want to do is have a lable that shows me % of ATR move in a given stock/future thanks.

that looks way too complicated and very ambiguous may be i am wrong i sort of scanned over their webinar pdf. any comments?

tradestation manual is so frustrating. i looked up "Plot" keyword but i do not see parameters that allow me to draw horizontal lines.

guys these are great ideas for noob like me thank you so MUCH. i have been working with (experimenting with) screaming 2 fast MAs that are found on this site along with 55 period EMA. I have incorporated BB Squeeze indicator (though i have yet to figure out how i will use it along with the MAs). Next i am wondering if i can someone figure out the choppy or sideways market. I will look in to Joe Ross' book for more information. Please do send more ideas my way.

Hi all, i found the following indicator and so far it looks great. it draws bands over the stock to show dynamic volatility stops. i want to modify it so that it draws small horizontal lines depending on my current position: Could someone please provide hints or help? thanks {Type : Indicator, Name : Variable Volatility Stops} INPUT: LENGTH (21), CONST(3.05); vaR: SWITCH(1), TR(0), ARC(0), SAR(0),HISIC(0),LOSIC(0); TR= VOLATILITY (LENGTH); ARC= TR* CONST; IF CURRENTbar = length then begin hisic=c; losic=c; if h>= xaverage (h,length-1) [1] then begin hisic= highest(c,length); Sar=hisic-arc; switch= 1; end; if l <= xaverage (l,length-1) [1] then begin losic= lowest (c,length); sar = losic +arc; switch=0; end; end; if switch =1 then begin if c>hisic then hisic=c; sar=hisic - arc; if c< sar then begin switch=0; losic=c; sar = losic + arc; end; end; if switch=0 then begin if c< losic then losic=c; sar= losic +arc; if c> sar then begin switch=1; hisic=c; saR=HISIC- ARC; END; END; IF C > SAR { AND C[1] < SAR } THEN Plot1(SAR,"Sell"); IF C < SAR { AND C[1] > SAR} THEN Plot2(sar,"Buy");

tradestation. thanks

hi guys, yeah i agree about looking at the price pattern to see if it breaks above/below that level but sometimes it takes a while for that to come in to play. i am just trying to devise a system based on some emas etc to see if i can come up with something. thank you for your input.

thank you i was looking for this exact kind of input.

sorry i am noob so forgive my asking: is their a such a thing as indicator that detects sideways market? i would be interested in such an indicator for Tradestation. thanks

Hi Guys, I am JUST learning about vol stops. I found this code on line and do not claim it to be written by me nor claim any liability or credit. I am in learning process and hope that either if this code has already been posted it will revive the vol stop related chat or others will point me to right direction as to whether this is a good strategy or it needs to be tweaked or replaced. {Indicator Volatility Stops} INPUT: LENGTH (21), CONST(3.05); vaR: SWITCH(1), TR(0), ARC(0), SAR(0),HISIC(0),LOSIC(0); TR= VOLATILITY (LENGTH); ARC= TR* CONST; IF CURRENTbar = length then begin hisic=c; losic=c; if h>= xaverage (h,length-1) [1] then begin hisic= highest(c,length); Sar=hisic-arc; switch= 1; end; if l <= xaverage (l,length-1) [1] then begin losic= lowest (c,length); sar = losic +arc; switch=0; end; end; if switch =1 then begin if c>hisic then hisic=c; sar=hisic - arc; if c< sar then begin switch=0; losic=c; sar = losic + arc; end; end; if switch=0 then begin if c< losic then losic=c; sar= losic +arc; if c> sar then begin switch=1; hisic=c; saR=HISIC- ARC; END; END; IF C > SAR { AND C[1] < SAR } THEN Plot1(SAR,"Sell"); IF C < SAR { AND C[1] > SAR} THEN Plot2(sar,"Buy");

i think my list may be confusing. i said "i need to answer..." the list of questiosn are for me to answer. i only want input on 1 & 2. 1. is times of the day when to take trades and not take to take trades. e.g. "hey man don t trade during lunch hours" 2. what sort of signals one can look at. e.g. "hey man try EMA 13 and 8 they work well for me" etc. the rest are just for your input such as yes yes this is a good list for to develop a trading plan or no no u moron u forgot to add X to your list. sorry for consusion.

ok cool are they using some special candles or regular candle sticks? thanks

i agree to some extent that no one can "help" with certain expect of the trading plan. but i am certain that there are times in which experienced traders would suggest not trading. such as don't trade during 12-1 etc. also, for signals there is always inputs such as such as such indicator is not good but such and such is great etc. even personal experience of using indicators etc will help

any and all of your input will be very helpful. I am developing a trading plan for FOREX, Futures and Stocks. First starting with FOREX: 1. I need help with figuring out the the times and days when i should trade FOREX (i am plan on trading only EURUSD as a starter; at least until i double my intial investment) I have noticed that the best times are from 6 AM until 7:30 AM and then 9:45 to 12 and then 1:30 until 3:30. am I correct? 2. I need help with developing signal. I am not sure what works the best with the forex. I plan on taking trades usin 25 ticks or 50 ticks. Then i will move on to higher ticks as i feel comfertable. I was thinking of using simple indicators like 2 FAST MAs (posted on this site) along with a slower EMA. e.g. when 2 FAST MAs cross above/below, look at support/resistance/ and pivots to enter/exit. but i am not sure what works the best/better than what i am thinking please help. Here is my list of questions i need to answer for my Rules of Engagement: 5. Rules Of Engagement : a. FOREX – i. Outline your money management ii. How much to risk iii. Percentage of money to risk on each trade iv. Where to place stops v. When to add to a winning position vi. When to liquidate part / all of a losing position (Stop Placement) vii. When to liquidate part / all of a winning position 1. Target 1 2. Target 2 3. Target 3 viii. Profit objective for trade / week / month / year ix. Impact of commissions and fees on trades – individual and overall this is a start for me thank you in advance for your input.

this is not working as i like for it too. psudocode: if Hulls moves above 13 ema then if i am short then cover print string "cover" where i covered go long one contract print string "long" where i went long if hulls moves below 13 ema then if i am long then sell print "Closed" sell short one contract print "short" where i went short ---------- CODE ----------------------- inputs: Price( Close ), Hulls( 8 ), EMA( 13 ), Displace( 0 ), upColour(Blue), downColour(Red); variables: HullsAvg( 0 ), EMAvg( 0 ), MP( 1 ); HullsAvg = jtHMA( Price, Hulls ) ; EMAvg = AverageFC( Price, EMA ) ; MP = MarketPosition ; if HullsAvg crosses over EMAvg then begin if MP = -1 then begin Buy To Cover("Cover") this bar; end; Buy ( "Long" )this bar; end; if HullsAvg crosses under EMAvg then begin if MP = 1 then begin Sell ("Close") this bar; end; sellshort( "Short" ) this bar; end;

i think i posted this on a wrong forum sorry but here is the link to a video: http://www.thetradingauthority.com/videos/prod3/9-23theTA_TI_training.wmv

Hi gurus, I came across this site a few weeks ago and have come to like their trend indicator. what indicators are they using? you will have to watch some videos