Has anyone ever told you that they had the holy grail of trading that would make you rich? If they did then they lied to you. Sorry to say, the holy grail does not exist. Many of us traders including me spent countless thousands of dollars learning that lesson. So if you want to continue walking down that path, you will just be wasting your time and energy profiting software vendors who cannot trade themselves. So what is the answer?
You need to become the casino and not the gambler. Do I have all the answers and settings ready to give everyone for riches and quick profits….absolutely not. If you are not willing to work hard and put in the time to come up with ideas and backtest them then you don’t have the drive and dedication to become one of the 4% who become profitable at day trading.
Surge Channel Trade
SURGE CHANNEL TRADE
What do you think happens when a channel is formed? A channel is a battle between buyers and sellers to see who is going to control the direction of price. See the pic below. What do you think those buyers did when price broke the bottom of that shaded channel? The answer is that they exited their buy position by SELLING which drove down price further. That would be the first layer of the stack. How many bars are required for your channel entry? Do you want a 3-5 bar surge of price before the channel to heighten the trading frenzy? Do you want to enter the trade at the break of the channel or only after the bar closes? Would you prefer to only take channel breaks in the direction of price before the channel started…or maybe in alignment of VWAP…or maybe in alignment of the daily open. What about your stop?…would you like it at the other end of the box, mid box or two bars behind the entry? It is up to you as all those options are available. What if the other side of the channel is 40 ticks away…I hear you…there is a setting such that if the stop is so far a way, the entry positions can be cut back to a % of what you planned. Note the black arrow that denotes the entry bar. That marks every valid trade that you setup. Additionally, note the blue box under that entry bar that reflects the entry time followed by the green box that tells us that it was a winning trade as well as how many ticks the trade went in our favor. Its called Trade Tracker and all you need to do is load tick data either historically or live and you can see the results of your trades just like this.
RSI TRADE
What happened when price rises? We all know that eventually price falls…but the answer is when? So again, we will stack the odds in our favor with the many variables included in the TradeBox. The most popular early signals of price reversal are MACD and RSI…but that is certainly not enough as some days the market moves one direction and every retracement is a fakeout that just resumes its original direction. Thats were the SMA comes in to add another indicator to our stack and keep us out of those fakeouts. Would you like to ONLY take sell trades if 1.5-2.0 Standard Deviations above VWAP…that is no problem as the TradeBox has you covered. Maybe you think that these trades are best made as price approaches VWAP from below and only want to take the sell trades at 0.0 to -0.5 Standard deviations below VWAP. Again no problem as the TradeBox can provide that function.
SYMMETRY TRADE
We all know about the 1-2-3 trade when price moves in a direction only to make a small retracement and finally turn back in the original direction. Its very popular…but sadly not enough as you need to stack more in your favor to achieve consistent results. Would trading only the first hour of the US open or European open give better results with this trade. The TradeBox can backtest and live trade four separate times periods per day. For the ES, what length of range bar and how many range bars do you thing would make a good initial impulse. TradeBox lets you customize the min and max length of your impulse and retracement bars. Do you prefer Non gap or gapped range bars…TradeBox is ready and will trade either way. What if the 1-2-3 pattern occurred on multiple range charts within a specified time period…Oh yes..I call that Symmetry and TradeBox can do that as well. See the chart below. The sell trade had Symmetry on charts 12, 10 and 11. Which range charts would you like to test for symmetry? How many simultaneous range charts do you want to form the 1-2-3 pattern for a valid trade…again it is user customizable and easily backtestable.
What else can I say about TradeBox. Are you someone who trades their private brokerage account, self directed IRA, and a combine or two simultaneously. TradeBox has you covered. If you note on the top pic, there is a dropdown menu on the Chart Box which will gives you the ability to trade on infinite numbers of accounts simultaneously. Do you trade to a daily max profit or loss. You should, as its just a part of good trade and money management. TradeBox has this ability and will even exit intratrade to keep your money management intact. Regarding ATM management…TradeBox has settings for stop breakeven, trail initiation and move stop to 1/2 of initial. Have you ever looked away from your computer and missed a trade, TradeBox not only takes the trade but it can make a user defined sound on entry and exit and send you text or email.
A bit about myself…
I am no smooth salesman who is going to promise you millions in one year. I won’t even guarantee you success if you take a chance on the TradeBox. It is a tool like hammer or a saw and without your hard work and dedication…it will not lead to profits. A year ago, I decided to stop following all the fraud mentors and fake strategies that promised the moon and ended up giving me garbage. I asked God to help me put everything I had learned into an automated strategy so I could stack my edge AND no longer miss trades due to my lack of speed with the mouse. I have worked with multiple programmers and spent large sums to bring to life what I call the TradeBox. I truly feel that TradeBox offers all the tools one needs to have an edge….but it will be up to YOU to put in the hours of hard work trying different settings, staring at chart patterns, looking for tendencies and following results based on your observations. My name is Steven Perry and my steadfast goal is to become consistently profitable trading the futures market. God willing, the path I have chosen to get there is called TradeBox. I invite you to join me.
Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results. Testimonials: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Live Trade Room: This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account. Virtual Currency: View CFTC advisories as they contain more information on the risks associated with trading virtual currencies.
TradeBox Trading Software for NinjaTrader 8 