- Search Metals Mine
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Nik-Nyc replied Feb 1, 2019V, When you execute a trade, do you also attach a SL via child order?
Staying In My Lane - A Read-Only Journ(al/ey)
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Nik-Nyc replied Feb 1, 2019V, I thought the answer would be to use the "trading: profit/loss text" study which displays all sorts of PnL info, however, for whatever reason, you cannot access the data via Subgraphs which is required in order to create a global flatten formula. ...
Staying In My Lane - A Read-Only Journ(al/ey)
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Nik-Nyc replied Feb 1, 2019V, Just to be clear, you are looking for a way to "flatten all positions", via a study, when a global profit target is reached, correct? N.
Staying In My Lane - A Read-Only Journ(al/ey)
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Nik-Nyc replied Feb 1, 2019V, Is your system written with "trading system based on alert condition" or via "spreadsheet for trading"? The later has multiple solutions for your needs, the prior i would need to know more details. For example, are you using the trade management ...
Staying In My Lane - A Read-Only Journ(al/ey)
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Nik-Nyc replied Jan 31, 2019Sorry Hilmy, no clue what is going on . . . from my understanding Sierra queries trade specific data from you brokerage/data provider. Somewhere in the cqg/amp/sierra communication things get mixed up. My advice is to post on sierra support boards, ...
(binned per thread starter’s request) Give me your money
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Nik-Nyc replied Jan 31, 2019Keeping on eye on the progress in your system design and sierra charts familiarization . . . link below is best solution for hiding study/collections without custom code or numerous clicks. Enjoy. video Note: I have no affiliation with Fredrik, ...
Staying In My Lane - A Read-Only Journ(al/ey)
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Nik-Nyc replied Jan 3, 2019No need to apologize to me, but perhaps to profitfarmer. Regarding Oanda, they are a terrible broker. The algorithm they use to display a "price" and "spread" to their trader is an aggregate of price from their liquidity providers which are a who's ...
Pivot Trading
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Nik-Nyc replied Jan 3, 2019Correct, Correlation Risk can also be minimized by choosing only a single pair from all the available pairs with the same base currency. BTW, sorry for your DD, am sure you can recover with consistent trading in no time!
Pivot Trading
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Nik-Nyc replied Jan 3, 2019I agree and that is the right attitude for sure. The question now is what new rules or changes should be introduced to help minimize this risk? A helpful exercise to identify the variables to change or tweak is to pretend you had not gotten lucky. ...
Pivot Trading
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Nik-Nyc replied Jan 3, 2019True, there isn't a single solution to the overal problem, however, the risk can be minimized as much as possible. Agreed, SL simply exist to help retail traders sleep better at night. In low liquidity your exit will be based on the next available ...
Pivot Trading
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Nik-Nyc replied Jan 3, 2019Bubincka, Thanks for sharing your thoughts. Regarding the reduction of position size and ultra-conservative money management, i see a few "problems": 1) Reward is tied to risk, so if we decrease risk too much will it be worth our time and effort to ...
Pivot Trading
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Nik-Nyc replied Jan 3, 2019Serious question Davit: You acknowledge that yesterday you could have suffered a complete margin call of your trading account, an account you have diligently traded and grown for more than two years, what are your thoughts/plan on how to avoid this ...
Pivot Trading
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Nik-Nyc replied Dec 10, 2018If you trade CL on any "timeframe" above 1sec, the vast majority of the information in this video has no relevance. CL is a great instrument for orderflow traders, perhaps not hft's, but certainly for manual trading it has orderflow that is legible, ...
Applying Order Flow & Volume Profiles To Futures Trading
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Nik-Nyc replied Dec 9, 2018Hi V, Bit of a busy week for me, but will put together a post sometime this week explaining the orderflow mechanics behind thrust bars and S/D bars. N.
Plan the Trade
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Nik-Nyc replied Nov 26, 2018Will be difficult to find the time to code a custom study for sierra now, however after the new year, once things settle down, i'll code and share a study with the group, as a visual aid for structure as per Harolds rules. To properly understand ...
Plan the Trade
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Nik-Nyc replied Nov 25, 2018Hi Div, Glad you enjoyed it. I should have also emphasized that the single most critical component effecting profitability of the algo designed based on your system was the 123 & 2b logic. Almost all the other components can be tweaked and changed ...
Plan the Trade
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Nik-Nyc replied Nov 25, 2018Hi V, The last thing this thread needs is a discussion on algorithms/ea hijacking the healthy discussion. Therefore i will answer your questions in this singular post, also because i think there might be some overall benefit to all traders. First of ...
Plan the Trade
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Nik-Nyc replied Nov 23, 2018Vee, The endeavor of replicating Harold system into a fully autonomous algorithm has long been achieved. This is why i have said, and will continue to say with full confidence that Harold's system is completely objective and profitable. Data does ...
Plan the Trade