Kirua Posted February 26 Report Posted February 26 15 minutes ago, Ninja_On_The_Roof said: They actually use this setting to trade or it is just there then you need to put in your own to fit your risk tolerance? I didn't now, i just opened it and see what are the default setting. maybe it's better in MNQ. i wait maybe someone here have a good config.
Ninja_On_The_Roof Posted February 26 Report Posted February 26 21 hours ago, Liwulong said: Based on the developer, when the channel crosses above the cyan line, which is the MA, enable long only When the channel crosses below the MA line , enable short only. When the MA is inside the channel, do not take any trade or trade from the top to the bottom of the channel and vice versa. This is a bit risky though since market is expected to be ranging at this time. There are different setups to trade. Do not take trades when price is outside the channel, It is considered to be overextended at this time. There is trend setup, band setup and i think the semi-auto way i shared above. Leaving it to run after market open might work for a while, as well as any other bot. The thing i like the most about TWR is the support and resistance indicator. The volume pressure might be helpful.
Ninja_On_The_Roof Posted February 26 Report Posted February 26 1 hour ago, Kirua said: I didn't now, i just opened it and see what are the default setting. maybe it's better in MNQ. i wait maybe someone here have a good config. Granted that it is cool to have templates but to me, someone's else settings might not be the right one for you. Everyone has their own risk of tolerance, pain threshold and capitals. They might be able to have a huge stoploss that doesnt mean you can too. We all need to adjust the settings accordingly and not by someone else's. Just my humble 3 cents. Kirua 1
Kirua Posted February 26 Report Posted February 26 2 hours ago, Ninja_On_The_Roof said: Granted that it is cool to have templates but to me, someone's else settings might not be the right one for you. Everyone has their own risk of tolerance, pain threshold and capitals. They might be able to have a huge stoploss that doesnt mean you can too. We all need to adjust the settings accordingly and not by someone else's. Just my humble 3 cents. Yes, you're absolutely right, but I'm basing this on the fact that everyone now goes through Prop Firms and has accounts with a minimum of 50K, so I think everyone has those basics. Maybe I'm mistaken. KJs 1
Liwulong Posted February 26 Report Posted February 26 6 hours ago, Ninja_On_The_Roof said: They actually use this setting to trade or it is just there then you need to put in your own to fit your risk tolerance? I think GC settings is like 25 TP 50SL
Ninja_On_The_Roof Posted February 26 Report Posted February 26 16 minutes ago, Liwulong said: I think GC settings is like 25 TP 50SL That's more like it.🤗
Kirua Posted February 26 Report Posted February 26 18 minutes ago, Liwulong said: I think GC settings is like 25 TP 50SL More better i think with MGC, MNQ. i tried MNQ today with 5 contract. and it was clean. i will try this week to run it everyday 9:30 to 10 or 11. with 500 daily win. and we'll see KJs 1
Ninja_On_The_Roof Posted February 26 Report Posted February 26 (edited) 6 minutes ago, Kirua said: More better i think with MGC, MNQ. i tried MNQ today with 5 contract. and it was clean. i will try this week to run it everyday 9:30 to 10 or 11. with 500 daily win. and we'll see Try 20 ticks for TP. And 40 ticks for SL. Unless you are swinging trades, there is absolutely no need to have a 100 ticks stoploss.🤗 Bite a small piece one by one. Going for a home run move would eventually blow up prop firm accounts. Especially with the intraday drawdown rules. Today was a great day for ES, out of the gate. Awesome drop! That's all that we need. Edited February 26 by Ninja_On_The_Roof KJs 1
Liwulong Posted February 26 Report Posted February 26 (edited) I think the band trades are 100SL/100TP. Only one trade per day and you done. They use a 40/10 NinzaRenko. Edited February 26 by Liwulong
Ninja_On_The_Roof Posted February 26 Report Posted February 26 15 minutes ago, Liwulong said: I think the band trades are 100SL/100TP. Only one trade per day and you done. They use a 40/10 NinzaRenko. Well, at least they go for 1:1 ratio😂
KJs Posted February 27 Report Posted February 27 9 hours ago, Kirua said: More better i think with MGC, MNQ. i tried MNQ today with 5 contract. and it was clean. i will try this week to run it everyday 9:30 to 10 or 11. with 500 daily win. and we'll see Try GC on 20/5 Ninjarenko. Pure Joy.
KJs Posted February 27 Report Posted February 27 9 hours ago, Ninja_On_The_Roof said: Try 20 ticks for TP. And 40 ticks for SL. Unless you are swinging trades, there is absolutely no need to have a 100 ticks stoploss.🤗 Bite a small piece one by one. Going for a home run move would eventually blow up prop firm accounts. Especially with the intraday drawdown rules. Today was a great day for ES, out of the gate. Awesome drop! That's all that we need. For MNQ- Ninjarenko 44/4 or 30/15
Kirua Posted February 27 Report Posted February 27 2 hours ago, KJs said: Try GC on 20/5 Ninjarenko. Pure Joy. GC or MGC do you keep the same TP : 27 and sell 100 ?
KJs Posted February 27 Report Posted February 27 5 minutes ago, Kirua said: GC or MGC do you keep the same TP : 27 and sell 100 ? 27/60 or 19/45. Works quite better
Liwulong Posted February 27 Report Posted February 27 How long have you guys tested this recommended settings? Can someone post some backtested settings with the results?
Ninja_On_The_Roof Posted February 27 Report Posted February 27 44 minutes ago, Liwulong said: How long have you guys tested this recommended settings? Can someone post some backtested settings with the results? With Renko?
Liwulong Posted February 27 Report Posted February 27 Anything 20 minutes ago, Ninja_On_The_Roof said: With Renko? Like settings that have been ran on playback. I ran some a month ago but i think i deleted them. I also did some semi-auto testing which was decent. But i preferred to use their support and resistance indicator with my setup because it has been quite reliable.
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