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Partner 728x90

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scaling in and scaling out

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    scaling in and scaling out

    Hi I want to build a strategy based on market profile .I want to use dvalue indicator in my strategy http://www.ninjatrader.com/support/f...=20430&page=10

    I want to learn how to place entry,exit and targets.Please help how to code my starategy.

    Entry long : price cross above value area low(VAb) of profile
    Trailing Stop 1: 10 Ticks below VAb ( value area bottom )
    Trailing Stop 2 : 10 Ticks below POC ( Point of control )when price crosses above POC
    Trailing Stop 3 : 10 Ticks below VAt ( value area top )when price crosses above VAt


    Target One : Break even level
    and then raising my stop to close my remaining portion later whenever Trailing stop is hit or at 5 min before session end.


    Entry Short : price cross below value area high(VAt) of profile
    Trailing Stop 1: 10 Ticks below VAt ( value area top )
    Trailing Stop 2 : 10 Ticks above POC ( Point of control )when price crosses belowPOC
    Trailing Stop 3 : 10 Ticks above VAb ( value area bottom )when price crosses belowVAt


    Target One : Break even level
    and then raising my stop to close my remaining portion later whenever Trailing stop is hit or at 5 min before session end.


    I enter with 10 lots book 6 lots at breakeven point .Book rest 4 if stop hit or at 5 min before session end.

    I want to learn basic entry exit setup ,after that I will work upon my strategy and backtest and optimize it.
    nh
    Last edited by SLASH; 06-26-2010, 09:31 PM.

    #2
    Hello,

    We don't really program systems for people, but maybe a fellow trader will help you. Or you can get a consultant to do it for you:


    For the scaling out part this link may help:


    If you have a specific question, post it and your attempt at coding it.
    DenNinjaTrader Customer Service

    Comment


      #3
      Hi any fellow trader please help me with the following strategy.I am learning about how to code entry ,exit,target signals etc .
      I have tried and seen sample strategies too but can't put every thing together ,and get the desired results. So no use posting what I have coded .
      I am using dValue Area indicator

      For long trade
      1) single entry 10 lots at SMA 14 cross above value area low (VAb)
      2) target 1 (exit 6 lots) at break even
      3) target 2 (exit 2 lots)at SMA 14 cross above POC
      3) exit remaining 2 lots if stop loss is hit ,or otherwise at the end of day.

      stoploss : should be trailing ATR*3 of 14 period

      For Short trade
      1) single entry 10 lots at SMA 14 cross below value area High (VAt)
      2) target 1 (exit 6 lots) at break even
      3) target 2 (exit 2 lots)at SMA 14 cross below POC
      3) exit remaining 2 lots if stop loss is hit ,or otherwise at the end of day.

      stoploss : should be trailing ATR*3 of 14 period


      thanks in advance
      nh

      Comment

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