Search results

Something is brewing in the markets. We should see a large move up or down very soon. Also, volume should start picking up, the closer we get to the end of QE2. The big banks will be unloading positions before hand, not after.

I see what you mean. And yes I do actually agree with you about the HSI ;) it just flies off the DOM in seconds. Unfortunately I also use Ninja, so I wouldn't know how to do this.

You cant change the tick size of an instrument... Stocks trade in pennies, Futures in the determined tick size of the exchange.

lol Im still an average kid, I just have a different interest. I play sports, hang out etc. etc. My friends do the same, sports, hang out etc. though some of them have started asking questions about my trading :cool:

Alright, I'll show an example of a random trading day with the entries and exits. As you can clearly see, every candle that initiated a signal, at least went ONE tick against the trade, therefore meaning the limit order would be filled. <a...

lol this may be a dumb question, but what is that?

Alright thanks for all the help everyone! Tonight after school, I'll see if I can tweak the system to have a higher profit factor. Jedwards, The strategy does NOT use stop orders or target orders, so that scenario cannot occur. It is continuously long or short, as it reverses positions with...

Yes I forgot to mention. The strategy sends a limit order out on the close of the bar at 4:13. If the order does not get filled till 4:14:45 it will send a market order out. It is very rare however that that situation does occur.

In a normal market condition (basically not the crash of 2008), the max drawdown is about $2500. So you could survive with a starter of $5k. However the max drawdown peaked at $11k during the crash of 2008, however it immediately made it all back.

My beloved Ninjatrader 7 :D

Yep the ES strategy is flat at 4:15 every day.

The system does not use stop orders. It reverses position when an opposite signal is executed. The system is always long or short, therefore there is no need for stop orders. Basically, there is no way the system can have slippage as every order is a limit order.

Exceed it in the simulator. In live it can be touched if the level depleted before going the other way. The times an order in the simulator gets touched, it does not get filled. This prevents any abnormal results in the live version.

It keeps the order out until it is filled. If it is not filled and another signal generates to the opposite side or at a different price, it cancels that order and enters the new signals order.

LOL no im not trying to buy the bid and sell the ask.. thats impossible to do successfully retail. It just sends an order out @ whatever the close of the bar that initiated the signal is.

Alright to make it clear, there should never be any slippage as the strategy uses limit orders. If the order isnt filled in the next bar, it cancels the trade. AND BTW I am also with a prop firm so I'll be able to access MUCH better commissions than my retail account which is $4.50.

LOL no it is not XD It is a reversal strategy and it uses two proprietary indicators I created.

Yes thats one thing that scared me a little. I am trying to figure out how to raise the average trade profit. HOWEVER It sends a limit order out on the close of the bar the initiates the signal to buy or sell. If the order isn't filled, the trade is canceled. So no worries with slippage on...

Yea when I saw that it basically went sideways during that time, I was reeeeeeeally surprised XD :eek: If I may ask, what is collective2?

Because it depends on your broker. My commission on the s&p emini is about $4.50 a RT so it will cut into a little less than half of the profits as the strategy makes about $10 a trade. $10-$4.50= $5.50 SO with commision the emini strategy made $55k or so. The euro strategy would be...