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REQ Ninja strategy which delivers at least 5 ticks per day


westvleteren

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Dear Fellow traders around the world,

 

I am very curious to see if anyone has a Ninja automated strategy that delivers at least 5 ticks per day on a consistent base.

If 5 ticks per day are not feasible by a Ninja automated strategy, then why are so many people busy with automated strategies?

I look forward to read the opinions, the sharing of a Ninja automated strategy (good for consistent at least 5 ticks per day with one contract) and experiences of the Indo Investasi traders.

 

I looked at different strategies but found none to be consistent winning - so not even 5 ticks per day consistent winning.......That may be due to me being limited in trading knowledge and experience. Is it possible to have a Ninja strategy delivering a consistent 5 ticks per day with one contract?

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Guest gavetso

2 options 1st if youhave this wwing strat never sell yur own holly reason? idont know humna think sometimes the most valauble things must keep hideen

other create dinamic strats the market moves in ranges in trends actually i think is better think in a 2 dai;ly ticks real strat as 5 ticks

 

for index 5 ticks i think is huge

for cl is good

 

i keep 2 ticks per index daily withpout stress youcan geta good hedege

 

the trick is put Fuel on it (++++ contracts) then your risk ytour Psicology status is the key

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Markets change so strategies are a difficult way to daytrade they always break down

Keep on seeking your edge in trading you ask for 2 ticks but sometimes you open a trade and never see a tick and you stopped out ,look for an edge is possible to daytrade and win.. or if you cant daytrade swing trade with options what i see you are looking for small gains you can find good trades in stockcharts.com in public chartlists ..

just my opinion.:)>-

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What you have to counter in are fills and slippage in live trading conditions. If you are a Cme Member or work at a prop firm you get lower commissions. If you have a Profitable model tested in live conditions a firm can always back you and offer lower commissions.Otherwise why not just swing trade,and work on trading skills and not worry about simple things like that
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Thanks for all your thoughts so far. Currently I am a manual trader and wonder why so many people are dealing with automated strategies. As a side activity besides my manual trading I thought it would be nice to have an automated strategy running (trading still is a lonely activity). My own homegrown strategies (I am just a simple trader/person so no rocket science here) only delivered losses (in SIM).

I tried several strategies on Ninja (to be found here on the forum at various places), but all seem just to be designed to empty my account. Perhaps I just do not know how to use a strategie.

But if 5 ticks a day on a consistent base is considered to be a huge task for an automated strategie, then I think that for myself I should conclude that there is no automated strategy delivering 5 ticks a day within my reach.

On the other hand, various brokers offer automated strategies with nice results (on paper) and for sure many times the 5 ticks a day I am searching for.

The 5 ticks can be on any instrument, but prefferably on a major instrument like ES, YM, NQ, TF, 6E, Eurex based or similar.

 

Looking to all wonderfull materials shared here at Indo Investasi, I can only hope there is an automated strategy somewhere which is able to generate a consistent 5 ticks a day. That is e.g. just 1,25 points on ES.

 

Of course there is no trade solution only delivering a 100% profit, but on a daily base and on a consistent base 5 ticks a day should be in reach for an automated solution? There may be days without trades or with just a small loss. But looking at several days, or a week, one should be able to have a consistent average of 5 ticks a day.

 

If my perception is totally wrong here, well then I learned a lot from you and will continue to rely on my manual trading only for the future.

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Dear westvleteren, if I can, do you not wonder why so many people are losing their money? (over 90%)

 

Greed and fear moves the market. Opportunity to earn easy money (as they assume and believe) for many people is irresistible.

But the reality is different than their dreams and very sad for many of them. There are many ways to successfully make a business but most of them are certainly not easy nor fast.

You wrote:

I can only hope there is an automated strategy somewhere which is able to generate a consistent 5 ticks a day.

Simply answer is: No, there is not.

 

Try to believe in true words without cheating you:

user33:

A strategy like that would cost you millions of dollars, are you so rich?

yamantaka:

To the best of my knowledge, there is no retail product like that.

 

The rest is only a marketing noise of snake oil salesman.

 

P.S. The key word you have used in your question is: a consistent

 

Definition of Snake Oil Salesman: http://www.davemanuel.com/investor-dictionary/snake-oil-salesman/

BTW it is also worth to read:

http://www.davemanuel.com/2007/07/16/ten-things-that-you-need-to-know-about-the-stock-market/

and a last phrase:

If you know what you are doing and educate yourself, the sky is truly the limit when it comes to investment returns.

Edited by admis
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You can watch the following videos on how the market was change during last few years and it it still changing. Maybe you and others can understand why the strategies can be worth a milions of $. Can you see any indicators they use? No.

 

What kind of strategies are used in today's market by big players.

http://www.youtube.com/watch?v=GAGaReF9LaI

What the knowledge and software stands behind them:

http://quantitativebrokers.com/learn/

and particularly this video from the above webpage:

http://player.vimeo.com/video/15260090

 

The last one is a practical example of professional point of view on orderflow. I advice you to read and watch the subject on Arbitrage and "The Presence of Implied and Hidden Liquidity".

A tough knowledge and that is why most people choose a shortcuts...

 

The open question is: Why order flow is so difficult to read in today's market?

Edited by admis
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I happen to use order flow via footprint charts but only at the price levels I calculate in my pre-market analysis. If price does not reach the levels I determine in my pre-market analysis, then there is no trade. So I only look to order flow/footprint at certain price levels. I can not compete to what quantative parties are doing at the market and scanning at 100% of the time. I can only rely on what the market is telling me and what I read on the charts. There is no crossing or arrow telling what to do in Market/Volume Profile and order flow/footprint. That makes trading fascinating.
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I happen to use order flow via footprint charts but only at the price levels I calculate in my pre-market analysis. If price does not reach the levels I determine in my pre-market analysis, then there is no trade. So I only look to order flow/footprint at certain price levels. I can not compete to what quantative parties are doing at the market and scanning at 100% of the time. I can only rely on what the market is telling me and what I read on the charts. There is no crossing or arrow telling what to do in Market/Volume Profile and order flow/footprint. That makes trading fascinating.

 

That sounds fine, but most of traps you can expect on those levels...

I forgot to mention, "Implied" orders are not visible on order flow (footprint).

Cheers,

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That sounds fine, but most of traps you can expect on those levels...

I forgot to mention, "Implied" orders are not visible on order flow (footprint).

Cheers,

 

What is interesting is this: despite all the complexities of these hidden/implied orders, the manual reading of order flow using footprint still can spot trend, absorption, and reversal of trend, very effectively!

 

I don't know how to explain that, but it is the case, at least for ES. For currencies futures, I found that it is much harder to read the flow using footprint.

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What is interesting is this: despite all the complexities of these hidden/implied orders, the manual reading of order flow using footprint still can spot trend, absorption, and reversal of trend, very effectively!

 

I don't know how to explain that, but it is the case, at least for ES. For currencies futures, I found that it is much harder to read the flow using footprint.

 

Currency futures follow FX Spot, so most of the time there's no order flow there. They just mirror what the spot is doing.

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  • 8 months later...
I happen to use order flow via footprint charts but only at the price levels I calculate in my pre-market analysis. If price does not reach the levels I determine in my pre-market analysis, then there is no trade. So I only look to order flow/footprint at certain price levels. I can not compete to what quantative parties are doing at the market and scanning at 100% of the time. I can only rely on what the market is telling me and what I read on the charts. There is no crossing or arrow telling what to do in Market/Volume Profile and order flow/footprint. That makes trading fascinating.

 

thanks for the above insight.. I am new to order flow and wonder if anyone can help me out on where or how to learn to use order flow at SR levels.

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your question shows your limited understanding of markets.

 

"5 ticks" what does it even mean? If you try DAX you won't even be able to beat commissions, because 5 ticks is such a little move compared to how DAX moves a day. On ZB on the other hand 5 ticks is plenty.

 

What you are asking for is a profitable strategy, which unfortunately nobody is going to give you. Did you ever see people on the street giving away money for free? Here, have 100 dollars, and you, here, take the 100 dollars.

 

Holy grail does exist, it can be shared, it can be learned and it can be taught, some form of it can be programmed and work person-free, some stop working, some have been working for as long as markets exist.

 

To save you a lot of head ache, go into your indicator folder and delete MACD, RSI and moving averages and all of that nonsense. The only thing that works is 'feeling' the price and order flow.

 

There, I saved you two years of misery.

Edited by catspetsdogs
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Here is a good start to learn orderflow-

2 J@mes D@lton Books: https://www.sendspace.com/file/e783hm

Market Profile Guide: https://www.sendspace.com/file/ud9q39

 

Here's another one from CBOT, this really started it all: https://www.sendspace.com/file/ycmozp

 

thanks for the above insight.. I am new to order flow and wonder if anyone can help me out on where or how to learn to use order flow at SR levels.
Edited by tradernate
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@Khnco, without the proper knowledge....your brain and screen time do not mean a lot. Studying the proper market material...helps lead the way to more profitable days vs. account wipeouts. Now if you can find someone who can hand hold you to train properly....that cuts the time. But, most of the time, even with the proper info. we still create our own damage until we slow it down and know how to trade.

 

best strategy= your brain+screen time+knowledge

 

There is no shortcut my friend.... you will loose

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