rcarlos1947

@raj1301 Hope this helps. https://workupload.com/file/zzZ9FvLQpqB

@Liwulong I can't argue with the "Best strategies are the simplest ones" concept. I assume that your friend is not using the standard Ninjatrader indicators or you would not be looking in this forum for whatever combination of indicators for trade entry, stoploss, and targets He is using. Since the ATM manages targets, stoploss and trailing stops, I would guess that is where his success lies. I could be wrong. Keep us posted on your quest. 👍

@roddizon1978 I've had it on 1 minute chart all day, no issues. Running live Sim account on edu NT8, may make a difference.

@roddizon1978 Wow !!! Excellent information. You have put great effort to evaluate this methodology and you have provided great input. I was hoping someone with more experience would consider this as a valid method for discretionary trading. Now I need to digest and apply it to Sim/Market replay to get comfortable with it. Thank you for your input !👏

@kapitansb I doing well just to do English.😁 I have run the YT vids thru translation, but still scrambles my brain. There are online services that translate audio (voice) in videos to any language, sadly, I don't have the access.

@roddizon1978 Thank you for your comments. Yes I agree the color bars appear FIB related. The website document (pdf) explains various things on the chart, and I have read it while watching the chart to try and understand it better. Still, I'm sure the videos add extra insights into how to use t to better advantage. And yes, I have added the English subscript files to the videos, but difficult to read and follow while He makes observations. I am always open to comments that help me learn.

While searching thru the various indicators/strategies/bots/algos, I came across this interesting package. It caught my eye because its bases on the 1-2-3 concept with some price action and market measurements as well. The reason it drew my attention was because I am always in search of methods to continue learning discretionary trading. When I went to their website, unfortunately the information is in German, he videos on Youtube are in German as well. I'm sure there are nuggets in those videos, but unfortunately beyond my grasp. It appears that the display provides trading entries, targets, and stops. I also determined that the trade manager provide sets OCO orders for entry. When an order is executed, it also has a trailing stop algorithm built in. There are also chart and Market Analyzer templates provide. So my hope is that some one fluent in German can shed some light on this package. It may prove beneficial. BTW, Thank you @Trader and @apmoo for their contribution.

@misalto, there is much experience in what you've shared, and it is much appreciated. I will add what others with experience have shared, and that is "No algo/bot is designed to set and forget, they must be monitored". That being said, my friend trades it only the first 3 hours of the trading day and uses 2:1RR (20t-Tgt/10t-SL). Yes He has losing days but He can live with the drawdown. IF price touches his target but does not take him out, He will take what HE can get. He trades by the idea that "Take what the market gives you, not what you expect it to give you." Thank you again!

A Friend sent me this snapshot of the 2023 version of ARC-AI HFT Algo which looks interesting. The strategy runs and trades on auto. The only issue is that it only has 3 Orderflow signals to trade while I believe the 2024 version or later I believe has 5 signals. If someone has any of the 2024 versions they can provide to our talented Guru's, it could to prove interesting.

I think you and I were referencing the earlier versions of TDU Footprint (TDUFootPrint v1.0.0.x) which what you say is true. But later versions like TDUFootPrint v1.0.1.28 and above will display in the Data Display tab and will be available for Strategy Builder and similar programs. Thank you for the clarification. And as I said, I continue to learn.

@misalto, they all have symbols that display on the chart, but if you look at the indicator in the Data Display Tab, none are displayed. If you double click on any symbol, nothing appears, which means that you may not be able use them in StrategyBuilder or similar algo builders. Although, TDU does permit you to create your own strategies with their TDUAlgoStudioPro. If you have any suggestions, I appreciate your input as I am always in learning mode.

Excellent question. Yes they are pretty much the same, except some identify more market conditions than others, and display them on the chart for discretionary (manual) execution. TDU (as far as I know), is the only Orderflow trader that directly reads and auto trades the one or several conditions that you feel gives you an edge. Now TDU claims that their OFL Strategy can read any vendor's Orderflow chart, but they don't make easy (I wonder why 😁). Now Mike Valtos (Orderflows.com) sells various indicators that identify predefined conditions and displays Buy/Sell indications, again for manual trading. He also sells one that He calls a toolkit which allow the user to select various combinations of market conditions for you to test and search for the elusive "Holy Grail". Now I am not an OrderFlow trader, but after testing many indicators/BOTS, I firmly believe that Orderflow gives signals that have minimal lag and could possibly provide an edge. ARC-AI introduced their HFT Algo OrderFlow Disruper, have not had a chance to watch their hour long video. My apologies for the long winded answer.

These are the correct files.

Thank you Friend, but these are the Delta candles and not the OrderFlow Footprint indicator.

My apologies, had uploaded the wrong footprint file