[walterw]

And here some videos about this futures scalps... cheers Walter.

[walterw]

And here I atach the indis and template for NT...(so far)... cheers Walter.

[PYenner]

Walter
For the benefit of people coming from forex who have not traded YM before..
What is the "pip margin" for YM?

[walterw]

Originally Posted by PYenner »

Walter
For the benefit of people coming from forex who have not traded YM before..
What is the "pip margin" for YM?

Hi Bruce ¡¡... Ym margin varies from broker to broker, some may ask more than a thousand per contract, other 500, other less than 500...

the minimum fluctuation in ym is the last unit, that represents 5 dollars...

key here is low comisions for round trip... cheers Walter.

[unicorn]

Originally Posted by walterw »

The market is somehow far from the axis and its making an M type pattern where it can be ( lazy, equal or false break ) and on that extremes a divergence from an oscillator may come handy to confirm the "potential" exhaustion...

One nice classic oscillator for this can be the Chaikin Oscillator as it is a Macd of the Accumulation/Distribution line... so its not a macd of price itself but of price and volume making it more robust... there are many other oscillator for this as well...

it is an aggressive type of setup... you look for m`s and get more confident with the divergence... cheers Walter.

Beautiful charts Walter; and very clean description of the concept.

And Twiggs money flow, as you certainly know, is even better than Chaikin Osc.

Now if this is a good signal to enter a trade, it is also a good signal to exit the previous (taken in the opposite direction).

cheers. keep up the nice research.

Unicorn.

[jcorp]

Hi Walter,

Thanks for this thread. It is very close to the way I trade, but your entries seem tighter. I have not been able to figure out how to import the template to NT....I am fairly new to NT. Could you give some advice for NT or, if possible, give the indicator parameters for TradeStation (longtime user).

Thanks again!

Jim

[Blu-Ray]

jcorp

I'll post the Tradestation Indicators later on today as I'm just finishing coded them up.

Cheers

Blu-Ray

[Sparrow]

Change to My Documents\NinjaTrader 6\templates and copy the file there.

Cheers