fxknight

Please upgrade me for VIP. Been with you for over 10 years. Thanks!

Hi. Please add me for VIP.  Thank you

Can someone share the ScalperRhythmStrategy? I see the seller uses it on Gold as the screenshot shows. Please post it for education so we can backtest it.

https://s12.postimg.org/imadlrftp/Scalper_Rhythm_Strategy_gold.gif

Fair enough.

 

I'll try to make the next 5 trading days (6, 7, 8, 9, 12) for this instruments: TF, CL, YM, NQ. (EMD doesn't tick in my ninjademo, I don't know why).

 

2 contracts. First taken at 8 tick profit and the second let as runner. 22 tick stop (too big for me, maybe we should figure how to cut it down).

 

I have changed the Momentum arrow value to 3, to generate less entries.

Good luck with that. Also follow the trades in SmartMoneyRoom to convince yourself of the inefficacy of this strategy. You can take his 7-day trial for $7. He actually trades by the strategy rules but his trades don't match the debrief trades since he takes them live and the others are 'cooked' after the fact. My best observation of this strategy is that it is a lagging strategy.. too late to the party. By the time the trend is supposed to continue after a pullback (continuation and Momentum trades).. it reverses and gives a loss. I almost believe that if you decide to take the opposite signals it would become a profitable strategy. Keep us posted on how it goes for you.

=)).....=)) do they offer a trial before spending 9k ... =)) =))

LOL.. Snake oil seller offering trial? Maybe a $10,000 trial for a hit and run!!

market-cycle is a perfect clone for Price Actions BM indicators from XAV

Can you give more detail about this indicator? I tried to search for it but could not find it. I like Market Cycle but you need to know how to wait until it will not repaint any more.. as the video shows.

Yes rockz,I too have heard he has just released his latest indicators and strategy for NT8 (with NT7).

Have visited his site and found no available trials or demos for his latest version.

Anyways here is a NT Partner Presentation vid on them especially the new NT8 strategy.

Revolutionary New Strategy for NinjaTrader 8 Beta

https://www.youtube.com/watch?v=6Uyeam_D6BI

If you need to watch in full screen you need to click on the youtube link

This guy is a scammer just like most vendors. I have fully tested the earlier version of BPT Autotrader and it loses every day. In every video he shows he is cherry picking.. if he has a good day.. he shows that day.. if he has few intraday sequential trades.. he shows that. And some people believe him and buy his snake oil only to discover they have been scammed. If it was true that everyone is making between $1000 and $4000 trading 2 contracts intraday - we would have a lot of rich traders out there.. but you know how that goes. Better yet he would not sell it and make a fortune every day for himself.. his answer will be that he is charitable and wants everyone to be rich! (aka I want to give back to humanity..BS) LOL..LOL..LOL

Note that he only shows one commodity daily and that changes. This suggests cherry picking the best one out of the half dozen different ones.

Yes you are right. I can 100% confirm he is cherry picking like the other vendors including most notably Trading123.net. Even the trades that he shows in one video for one session are un-achievable by the regular person, even with training. Best proof is that they have an automated strategy called Pro9ATS that is included in the package which trades the signals with 100% accuracy. When ran through the Market Replay for CL or NQ -- the auto strategy loses big every day while the vendor shows videos that make profit.. I would approach this product with healthy caution.

Feasible? Quite frankly I don't see why not? Just a few caveats though. He says in his video that the Market Cycle indicators do print in real time before the candle closes,but at other times in the video he says quite clearly that they DO repaint.This is what frustrates me about this fella. Very inconsistent at times when you want consistency.Just keep in mind that the solution he provides does seem to work relatively well.He says that when you see a pivot print,then wait for the same second candle bar color to print and close first , and if it's the expected color, then you will know it's a correct prediction and you can make the trade.So essentially you have wasted 2 bars to enter the trend

For example if you see HL print,don't trade yet, just wait to see a consecutive green/blue candle open and close then put a Long Market order in.

So you see there's a lot of experimentation before you can depend on it's reliability.

Also please listen and watch carefully his video of the MC indicator and how to trade it with his autotrader and also read his site page on the MC and if you are going to trade the MC only,make sure you turn off Strategy On and remember your Combine's daily max drawdown is 1K.

His other advice is "Go long/short at the high/low of the signal bar,depending on the pivot.Also rather than the ES,try the YM for longer trends.

Market Cycle Indicator - Trading123's library.mp4 (11.46MB)

Download Page Link

https://www.sendspace.com/file/l74gk1

 

and here's his page about the MC

http://trading123.net/market-cycle/

 

Before you start your combine 10 day trial do some SIM testing at market hours first mate.

Cheers,:)

Just to make sure everybody is on the same page with the MC indicator. One must wait for 3 bars of the same color after a turn arrow in order to place a trade. In this way there is no re-painting.

fxknight, this is exactly why all of these ridiculously priced AT systems are fraudulent. It's why they sell them, not use them. ALL basic volatility breakout systems work in strong trends. ALL of them lose horribly as the volatility decreases too much. We know this. If these vendors could have figured out how to automate the elimination of trading in chop to a bare minimum, they would have and, in the process, never have sold them in the first place.

The developer's excuse is that the Autotrader can only be selectively traded during 'certain times' such as the ones given by the Market Cycle indicator. So when the MC indi has 3 bars of either red or green after a turn arrow.. then the Autotrader should be enabled. I suppose we need to test this and prove it. So far from my tests using this approach improves results some but quantitatively I don't know by how much just yet.

It's just a basic volatility breakout system, so probably restrict your testing to the first 60/90 mins of a session of whatever futures contract you want. You should start to see a pattern of avg and maximum acceptable win/loss amounts. If you can't consistently make money in any futures contract upon the first 90 mins of each trading session, that's a BAD SIGN you ever will because volatility thrives on confusion and market openings are plentiful in that.

 

I've mentioned this to Jane and it bears repeating. If you're looking at the e-minis, the thinly traded (aka no "big boy games" played in that contract) midcap 400 futures (EMD) will MOVE with less initial fake-outs than the ES, YM or NQ in a correlated trend attempt of the major indices. If the EMD is choppy in the first 30 mins, chances are high you'll get chopped WORSE in the other 3. In other words, the RANGE of chop in the EMD is far easier to detect by the human eye and it will be more narrow, because again, the big money isn't interested in manipulating the EMD from a day trader's real-time perspective.

We should try it on EMD. From the Market Replay sessions I have done on NQ, ES, YM I only have losing days using the default Strategy for each. If I let the strategy trade in the PM as well then it becomes a full blown disaster. I would not even dream of using this on a live account. Obviously the seller is a scammer that cherry picks and he cannot not produce a profitable ENTIRE session Market Replay video to save his life.. If the strategy is to be even pursued further -- it will need a filter to stay out of choppy action where it currently gets destroyed. This can be done if we are able to extract the code in cs files.

Yes shrike Walk Forward Analysis is vital in maintaining any profitable strategy for the long term but it is mainly done by professional coders who know how to take care they don't allow curve fitting, and also not to use too many variables and parameters that can lead to overfitting. When you say "optimize the window-time" do you mean the window time frame? I am not too familar with the Amibroker platform but NT7 lets you optimize the window time frame in

Strategy Analyzer.You can optimize the time frame with customised session templates.I can only repeat what Ninjatrader support Chris J says about that here

http://ninjatrader.com/support/helpGuides/nt7/?using_the_session_manager.htm

 

On how to customise session templates read here

http://ninjatrader.com/support/helpGuides/nt7/?using_the_session_manager.htm

Btw, are you an Amibroker user? I may have an indicator for you.

 

*Shrike,I have uploaded an Amibroker Prediction Cycle Plugin indicator for you here

http://indo-investasi.com/showthread.php/27713-Prediction-Cycle-Plugin-for-32-bit-Amibroker

 

Cheers,:)

The NT Strategy Analyzer is useless. It provides false results so don't waste 1 second of your time on it. Instead only use Market Replay.

Enjoy, pwd as usual.

https://www.sendspace.com/file/x39z6a

This was really generous. Thank you.

bump bump bump

Nobody will post it.. we need to buy it as stated above..

Did you find it useful?

I tried this room and I can say that the guy never places real trades in his account which is a red flag. He calls trades about 30% of the time according to the Pro9 Momentum but the other times he uses his own rules. He claims winners on pretty much every trade since he does not place the trades in a real account to keep track. He would say 'ok we reached the profit target' when in essence the trade was stopped out already! It felt to me like a 3 ring circus so I cancelled the trial after few days..

I want to start a trading room does any one know any software i can use?

No offense but please stick to TRADING your own money. If you can't make money on your own by any means don't lure other people to the same faith.. If you can make money.. continue doing it.. no need to spend time to tell other people how to trade.. unless you are a charity type of guy!!

The ADMINS told us just a few weeks back that Group buys or any form of money collection are not allowed on this Forum.

 

You may get banned unless you do it all very quietly via PMs.

I did not know this. If they consider inappropriate they can delete the posts related to it. I am merely trying to get it so it can be shared and evaluated. I will not chase anybody down to group buy it. But if the moderators allow it for those who are interested please PM me and I will coordinate it. Goal is to have 10 buyers @ $25 each.