You (Cubby) need to have an anti-Martingale strategy to keep your drawdowns far less than what you're observing. That way, you're adding to winners, exiting with your heaviest position in your favor and you're always dumping losers when you are ...

Giving Back! My Best Expert Advisor EA Free for Everyone

Reminder to alcol (and others interested in the HSI, the BEST trending day trading instrument in the world) If you're trading the futures from the Hong Kong Futures Exchange (and not some spread provider), you can always drop down to their mini ...

Trading with range bars ichimoku cloud & awesome oscillator

In real-time, a closing price determines where you'll see something like a 9 wma in relation to price historically. However, IN real-time trading, before the bar closes, you'll see many times where price never touched the 9 wma on the attempted ...

Trading with range bars ichimoku cloud & awesome oscillator

When you catch a 9 period trend like that, you can space out your adds (whatever your standard lot size is) at any approach back to the 9 and your average price will never be challenged. That's the "easiest" way I know how to make large gains ...

Trading with range bars ichimoku cloud & awesome oscillator

After 200 pages of this thread, with all of the chart images posted of good trades, trades that didn't work out, RP showing examples of when "a chart looks good to trade", I am hoping that I can maybe give you an idea of how to have "good taste" ...

Trading with range bars ichimoku cloud & awesome oscillator

For those of you in Europe who trade in the morning, see if your broker / CFD provider has the Hang Seng Index futures available. You can catch the last hour of the afternoon session there around 8 AM - 9 AM, assuming that you're 5 or 6 hours ahead ...

Trading with range bars ichimoku cloud & awesome oscillator

Turnip, This is why I mark the 1st 5 min high/midpoint/low and 1st 60 min high/close/low (aka Clayburg Lines) of the first trading hour of any futures contract I trade. Why? Statistics! You'll know the running average over, say, the last 20 trading ...

Trading with range bars ichimoku cloud & awesome oscillator

Last pic as the reference: Now that's a choppy uptrend. See how the one-legged 9 wma trends held up though and you don't see hardly any red bars in those one-legged up-moves? On a 1 min chart when the volatility is good, you should see legs of the ...

Trading with range bars ichimoku cloud & awesome oscillator

FerruFX, I would recommend that you stay away from the ES. Trade the YM (Dow e-mini) instead. It has much better volatility for intraday moves. You'll get less advantageous reward to risk ratios on the ES vs the YM because it's much choppier in its ...

S&P500 trading

You should think of your first trade/position as testing the waters to see if you're right about the direction you intend to go. If you are wrong, then GET OUT!!, re-evaluate the situation. There's no severe penalty for getting out, taking a small ...

Trading with range bars ichimoku cloud & awesome oscillator

Yes. I use his 9/16/52 Ichi settings.

Trading with range bars ichimoku cloud & awesome oscillator

alcol, Yes, the RTH (regular trading hours) I'm referring to for the U.S. e-mini futures is New York Time. My bad as I'm finding people in other parts of the world always understand "New York Time" but sometimes don't know it's EST (Eastern Standard ...

Trading with range bars ichimoku cloud & awesome oscillator

FXCyborg, I'm researching your 3-bar engulfing pattern off of a 1 min chart on (imo) the most volatile futures contract in the world, the HSI (Hang Seng Index). Pretty amazing so far. Thanks!

High Level Accuracy Method With Little To NO Draw-down

Here's a tip when it comes to 1st hour trading of futures: Record the 1st hour price range distance of the last 20 sessions of regular trading hours (e.g., US e-minis, it's 9:30 - 16:15 EST), update after each new session (aka, a running average). ...

Trading with range bars ichimoku cloud & awesome oscillator

This is true of all winning systems (i.e., a trading method which has a positive expectancy): 1. As your average gain to average loss ratio rises, your winning percentage will tend to fall. 2. As your winning pct falls, your average gain to average ...

Trading with range bars ichimoku cloud & awesome oscillator

Look at Ivanyo's 2 charts just above this post. In the trends he shows, you could enter on any of the opposing bar closes and your reward to risk ratios from from respective entry to where the trend ended would have been very good. This happens all ...

Trading with range bars ichimoku cloud & awesome oscillator

I trade 9:30 AM to 12:00 PM (New York time) for the NQ, RTY (Russell 2000 e-mini), YM (Dow 30) [I don't trade the ES (S&P 500 e-mini, too much chop for me]. You can get some great moves on the NQ from 2:00 PM to 4:00 PM New York time but I tend to ...

Trading with range bars ichimoku cloud & awesome oscillator

Rhetorical question? Nasdaq e-mini and the HSI on the Hong Kong Futures Exchange are the two most wonderful, volatile trading instruments on the planet. [Note: If the HSI scares you too much then you can trade the HHI in place of the HSI as the ...

Trading with range bars ichimoku cloud & awesome oscillator

In reference to the e-mini future's current volatility levels, you can probably get away with 5-8 tick ranges on the RTY (Russell 2K e-mini on the CME), but the NQ and YM are way too volatile to favor range charts over a 1 min chart. You'll simply ...

Trading with range bars ichimoku cloud & awesome oscillator

Just one piece of advice to those interested in using range bars. For Forex, probably fine because the volatility is so low compared to the popular futures contracts around the world. I stopped using them on futures this past year because the ...

Trading with range bars ichimoku cloud & awesome oscillator