JDubbs

I would suggest using the Gomi MP, it's free and it pretty much does the same thing as PF@.

Gom, alto, and t4 indicators all have the custom draw MP built in. The free stuff really gives you everything you need. The extra features of the vendor indicators won't help anyone make any money that they aren't already making.

I have had several friends who have tried to trade and they all wanted to trade CL, TF, or GC. Why? Because they wanted to make really fast money and those markets are more exciting, but what ended up happening is that they lost money even faster--they get in a bad trade (they also get slipped on low volume because of inexperience they are entering in bad areas) and then they get whipped out of those trades even faster and then they have a greater chance of getting slipped on the exit .....
 
They were at it for about 2 years and all the time I tried to get them to switch to the ES...the ES gives me time to think, look at my charts and make good trades, plus I can get in and out with no problems (assuming I am not trading news or overnight). I trade all in and all out and only need 3 trades per week--I have plenty of time to pick and choose my trades. Think in terms of points and ticks and not dollars or contract size and the psychology of trading isn't so hard. They eventually switched to ES since they didn't get such ridiculous swings in the market and had time to analyze their charts--plus only needing 3 trades a week helped reduce their anxiety (they are finally making small profits, consistently). I would never suggest CL or GC to beginners, maybe YM with the potential to lose less money. But, most important, the majority of people shouldn't be trading anyways because they are not prepared with a trading plan or mentally for the swings or slippage in the fast market--GC and CL make the mental game of trading harder.
 
@goldeneagle
Here's my quick implemenation of it, there's a lot of different formula's/implemenatations online.
https://anonfiles.com/file/f81376ba4312a279ea1a09cd47d3271e

lmao...TraderBeauty isn't making anyone trade. People make this mistake continually....they see what someone says and take it as what they need to do--don't do that--take what they say and use those concepts on your own, which includes your own time frames. If you see what they say doesn't work, simply don't use it. If you can pick 1 or 2 useful things from what they are teaching, then what they have taught was beneficial for you. If you learn 1 or 2 things not to do, what they taught was also beneficial.
 
“I have not failed. I've just found 10,000 ways that won't work.”
― Thomas A. Edison

lmao...TraderBeauty isn't making anyone trade. People make this mistake continually....they see what someone says and take it as what they need to do--don't do that--take what they say and use those concepts on your own, which includes your own time frames. If you see what they say doesn't work, simply don't use it. If you can pick 1 or 2 useful things from what they are teaching, then what they have taught was beneficial for you. If you learn 1 or 2 things not to do, what they taught was also beneficial.
 
“I have not failed. I've just found 10,000 ways that won't work.”
― Thomas A. Edison

I have had several friends who have tried to trade and they all wanted to trade CL, TF, or GC. Why? Because they wanted to make really fast money and those markets are more exciting, but what ended up happening is that they lost money even faster--they get in a bad trade (they also get slipped on low volume because of inexperience they are entering in bad areas) and then they get whipped out of those trades even faster and then they have a greater chance of getting slipped on the exit .....
 
They were at it for about 2 years and all the time I tried to get them to switch to the ES...the ES gives me time to think, look at my charts and make good trades, plus I can get in and out with no problems (assuming I am not trading news or overnight). I trade all in and all out and only need 3 trades per week--I have plenty of time to pick and choose my trades. Think in terms of points and ticks and not dollars or contract size and the psychology of trading isn't so hard. They eventually switched to ES since they didn't get such ridiculous swings in the market and had time to analyze their charts--plus only needing 3 trades a week helped reduce their anxiety (they are finally making small profits, consistently). I would never suggest CL or GC to beginners, maybe YM with the potential to lose less money. But, most important, the majority of people shouldn't be trading anyways because they are not prepared with a trading plan or mentally for the swings or slippage in the fast market--GC and CL make the mental game of trading harder.
 
@goldeneagle
Here's my quick implemenation of it, there's a lot of different formula's/implemenatations online.
https://anonfiles.com/file/f81376ba4312a279ea1a09cd47d3271e

lmao...TraderBeauty isn't making anyone trade. People make this mistake continually....they see what someone says and take it as what they need to do--don't do that--take what they say and use those concepts on your own, which includes your own time frames. If you see what they say doesn't work, simply don't use it. If you can pick 1 or 2 useful things from what they are teaching, then what they have taught was beneficial for you. If you learn 1 or 2 things not to do, what they taught was also beneficial.
 
“I have not failed. I've just found 10,000 ways that won't work.”
― Thomas A. Edison

Agree completely...I enjoy seeing these posts because I try to take ideas that I think could work with me and incorporate it into MY trading. I never try to duplicate someones method that they post about--it would never work. Take things/ideas you like and put it into your own trading...I think that is the idea.

Agree completely...I enjoy seeing these posts because I try to take ideas that I think could work with me and incorporate it into MY trading. I never try to duplicate someones method that they post about--it would never work. Take things/ideas you like and put it into your own trading...I think that is the idea.

WCICOM-
I am puzzled, My rules are set in stone, very simple and precise.
As long as the market did not break the previous high/ low by more than a tick you keep enter in the original direction and thats it.
I guess what you need is one of these expensive software that generates an arrow or a dot to enter, this way after you lose your entire account you can blame the program and not yourself.
Reading your post shows me that you spent only few minutes reading mine and did not go to my previous scalper post where i clearly explained my rules- sorry for not spending another hour on this post to repost whats already there.
It takes me hours to write each of my posts, and since i am not getting paid or getting any benefits i beg your pardon if my writing is not 100% precise and perfect.
Do you expect me to explain every dot and coma ?
These is a great software for you- i forgot its name but it looks like a traffic light so when its green you buy and when its red you sell, why dont you buy that and trade live ?
This is trading, and 98% of the traders losing money- so do you really expect it to be easy like a walk in the park ?
Do you expect me to come to your house and hold your hand while you are trading and even press the button for you?
did you spend few hours replaying friday to see if i am right , going through each of the entries i showed in real time? or even better- did you spend 2 days going backward and backtesting at least 2 weeks of trades to see if the method is consistent ? no you did not, because instead of telling me that - this entry on this day and time is wrong, or what i wrote here or there is wrong you vaguely say that my rules are not precise.
Maybe you should run to your mom and cry like a baby and tell her- "mom, this horrible lady forced me to THINK and i cant ".
My method is more complicated because i have been trading for a long time, but i cut the hard part and gave you on a silver plate the bottom essence of the great system that will trade on a crazy day like friday but also on a choppy sideways day. Almost no other system can do that ( trust me- i tested and traded them all ).On few occasions here and there i mention some more advanced stuff like fib and elliott and reversal volume spike that will teach you a lot ;but I also say that this is more advanced and not needed for the trading.So instead of saying: THANKS JANE for showing me such an amazing example that you do not see every day for 5 waves down or a reversal volume that i have not seen in month you complain about me being discretionary.( not sure if i should laugh or cry ... )
So I suggest that you spend some time analyzing and backtesting and making sure that the rules are clear to you before you post.
I am not writing a book here so obviously its not going to be perfect , and i warned everyone to paper test it 3 weeks before going live.
There were 37 ( YES- THIRTY SEVEN ) entries on friday,and only FOUR SMALL LOSERS, show me another system that can do that with 3-4 ticks stops on the es and i will buy that from you for any amount that you ask.
Just think- if you only took 1 point friday you would still have made 30 points trading one contract, but i guess its not good enough for you because you are such a great trader that generates much more every day...
Its true that sometimes the picture is not clear- and if you see what i wrote- DO NOT TRADE if the picture is not clear.
Bottom line- I wish I had someone to show me this method when i started ; preventing from falling into the traps of the greedy software companies that will sell you an expensive dream and wake up after losing a fortune...
Traderbeauty-Jane

Nervous traders shouldn't be trading.

Nervous traders shouldn't be trading.

CS indicator files should go into the Indicator folder.

I don't think his posts are to suggest that he takes the trade at every single turn or gets in at the absolute best price, but is more of a teaching tool. Assuming your computer doesn't lag when it gets a lot of data, you will be able to see MOST of the bars print on the ES (6E, GL, CL, etc you will not be able to see every bar print on such a small renko, so just change to a higher time frame), even if it is very briefly (4 seconds to print an entire bar). You can't look at such a small renko bar in news either.
 
Use the RJ bar markers and you will see where the bar could close, so when you are looking to see if the bar is going to change direction, you will already know where you want to try and get in (+ slippage)--at the vast majority of the turns there is plenty of time to do analysis and see what is coming on the ES. He's not here to prove anything to any of us, he is sharing concepts that you should be able to apply on your own, which doesn't suggest you need to look at the same size renko as him.

PFA (including MTF), there is a free toolbar on B!gMks (ultimate drawbar), also viper has a toolbar, there have been so many variation of swing indicators I can't even keep track of all the vendors and free stuff--try googling it, ACME has a trade plan, B!gMks has a trade planner....how about this, why don't people take the time to see what everyone has talked about here so we can avoid this type of thread altogether.

While I enjoy anyone's enthusiasm for their trading method, I can tell that anyone something from my 10 yrs full-time futures trading experiences which is true, regardless of any entry / exit specifics.
 
This is the mathematical truth in trading:
 
There is ALWAYS a long term inverse relationship between your winning pct and the reward vs risk ratio (aka risk reward ratio, aka RR ratio) in a winning trading system (technical term is a trading system with a "positive expectancy"). The more often you win, the the lower your avg win / avg loss (RR ratio) will be. The less often you win, the higher the RR can expand.
 
Typical guidelines of long term expectations:
 
90% winning system will have the avg winner 1/3 the value of the avg loser.
80% winning system will have the avg winner 1/2 the value of the avg loser.
70% is about the top end winning pct for 1:1 RR ratios.
60% winning system will limit the upper end of the RR ratio to near 1.5:1
50% winning system will limit the upper end of the RR ratio to near 2:1.
30-50% winning system can give you 2:1 to 4:1 avg RR ratios.
 
This is over 1000's of trades. So, even a run of 100 to 200 trades can be misleading. You MUST include the scratched trades in your totals becuse you still took risk and all risk "counts".
 
Also, go all-in and all-out with your trades. If you don't then realize that you are trading multiple systems which just happen to have the same entry point, assuming that you're not adding contracts to the initial entry. So you've now introduced a new dynamic where one negative expectancy system can affect the overall profitability to turn the whole operation either negative or not worth the risk after brokerage fees.
 
Anyone can make a decent living trading just 1 CL contract. The volatility is your greatest ally. You can walk away from each day not being such an incredible "winner" (e.g., 60%+ winning pct) but your RR ratio can expand WAY BEYOND that which is offered on the ES, for example.
 
This is my only post on the subject. If the above doesn't sound right, I'm sorry, but it is. The number guidelines are good. And the people out there who are successful in trading know they are.
 
When you read forum posts about people's trading adventures, it's not a good sign when the person describing them speak as though what is going to happen next is "in the bag". When I'm in a trade, I have absolutely no clue what is going to happen next...and neither does anyone else. Such knowledge is not possible and I've already said what's going to eventually average out even if you're 90% sure of the next event significant to a positive outcome.
 
The above is actually positive news to aspiring traders. It's a recommendation to seek out higher volatility instruments, don't trouble yourself about winning so much and keep those losers small relative to the winners. That is positive advice from my trading experiences.
 
But also, heed this warning. Anyone who tells you they win anywhere close to 80-90% and has near equal avg win and loss amounts has either not traded a particular system long enough or is not telling the truth.
 
Trading is a freeing experience from the normal job routine. But if you're into this full-time with no luxury of false illusions because of a consistent paycheck coming from other sources, then I hope the above injection of reality finds the newer, serious trader's eye before it's too late.

I don't think his posts are to suggest that he takes the trade at every single turn or gets in at the absolute best price, but is more of a teaching tool. Assuming your computer doesn't lag when it gets a lot of data, you will be able to see MOST of the bars print on the ES (6E, GL, CL, etc you will not be able to see every bar print on such a small renko, so just change to a higher time frame), even if it is very briefly (4 seconds to print an entire bar). You can't look at such a small renko bar in news either.
 
Use the RJ bar markers and you will see where the bar could close, so when you are looking to see if the bar is going to change direction, you will already know where you want to try and get in (+ slippage)--at the vast majority of the turns there is plenty of time to do analysis and see what is coming on the ES. He's not here to prove anything to any of us, he is sharing concepts that you should be able to apply on your own, which doesn't suggest you need to look at the same size renko as him.

I don't think his posts are to suggest that he takes the trade at every single turn or gets in at the absolute best price, but is more of a teaching tool. Assuming your computer doesn't lag when it gets a lot of data, you will be able to see MOST of the bars print on the ES (6E, GL, CL, etc you will not be able to see every bar print on such a small renko, so just change to a higher time frame), even if it is very briefly (4 seconds to print an entire bar). You can't look at such a small renko bar in news either.
 
Use the RJ bar markers and you will see where the bar could close, so when you are looking to see if the bar is going to change direction, you will already know where you want to try and get in (+ slippage)--at the vast majority of the turns there is plenty of time to do analysis and see what is coming on the ES. He's not here to prove anything to any of us, he is sharing concepts that you should be able to apply on your own, which doesn't suggest you need to look at the same size renko as him.

First, DLL's typically have "base", "this", etc. in them, but if you are coding a strategy (cs) you don't need to add this. You typically call something specific from the DLL, like a dataseries (for example).
 
I typically add a variable like this: private DllName VariableName;
Then in "initialize" I will define the variable (make sure you insert inputs in correct order): VariableName = Liberator_Momentum(5, 5, MA_1271Type2.EMA, 5, true, "a");
Then I will call the dataseries I want, for example: Values[0].Set(VariableName.DataseriesName[0]);
 
Assuming the dll has exposed them for you to call.

First, DLL's typically have "base", "this", etc. in them, but if you are coding a strategy (cs) you don't need to add this. You typically call something specific from the DLL, like a dataseries (for example).
 
I typically add a variable like this: private DllName VariableName;
Then in "initialize" I will define the variable (make sure you insert inputs in correct order): VariableName = Liberator_Momentum(5, 5, MA_1271Type2.EMA, 5, true, "a");
Then I will call the dataseries I want, for example: Values[0].Set(VariableName.DataseriesName[0]);
 
Assuming the dll has exposed them for you to call.

I made money for a week. That's not a lot of time and could simply be a run of good luck. I have no confidence in the long term performance with such a short test and won't pay $1K per year (actually, that was a special price. Regular price is $4K to own license.)
 
The system is quite simple. It finds pivot high and lows in areas of consolidation and then alerts you to a pennant breakout, either long or short.

Send me a PM with the logic behind the levels

Здесь скрины индикаторов серии iXX -
http://sdrv.ms/WNkduG
 
Здесь типы графиков которые я использую:
f02 - адаптирующийся график от плотности тиков на пункт
f03 - change новый бар начнется только когда изменится цена Trade
Здесь сборки моих индикаторов -
http://sdrv.ms/13ptTxv
 
Основные индикаторы:
i12 - выделяет на баре тик с самым большим объемом торгов - принт!
i14 - значения заявок на BestBid и BestAsk
i15 - то же что и i14, только значения сглаживаются и на графике может давать сигналы когда разница на Best'ах значительна
i16 - общий объем на баре и на чьих предложениях Best'ов торговался
i20 - два индикатора прогноза уровней S/R от "сиднейской" сессии подробнее - http://trendphil.blogspot.ru/p/blog-page_3.html
i21 - индикатор iceberg
i22 - индикатор iceberg, отображающий айсберги шарами на графике
...
пока кратко.
https://www.facebook.com/PravilnaaTorgovla

Thank you guys! ... I am glad that my indicator known!
I still have a lot of serious indicators Niña Trader 7, they are free. I will be happy to share! :)
I'm from Russia ... my blog - http://trendphil.blogspot.ru/

I would suggest using the Gomi MP, it's free and it pretty much does the same thing as PF@.