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Tags Archives: Renko

How can you benefit from NinjaTrader?

5543 Edmondson Pike #182
Nashville, TN 37211
Email: info@Simplementetrading.com


How can you benefit from NinjaTrader?


Coming Soon! Simplemente Trading Automation to NinjaTrader!

NinjaTrader has become a major player by providing their new and improved award-winning platform, NinjaTrader 8, for anyone who wants to start in the world of trading futures. Simplemente Trading Corp. is proud to announce we will soon be offering our trading strategies and indicators on their platform!

One of the most exciting benefits incorporated with NinjaTrader 8, is the possibility of having a trading platform you can download in just a few minutes all without the need of an active account. You will be able to test our systems for yourself before any obligation to open or fund an account. Something quite extraordinary in the trading industry.

Also exciting about this platform is the multilingual configuration. Supporting many languages, NinjaTrader 8 has opened itself up too many languages and cultures, giving new traders around the world the opportunity to learn this exciting business.

With the NinjaTrader 8 platform, and access to real-time market data, you can test our systems safety and accurately using the NinjaTrader 8 “Playback” feature. Click below to access their YouTube video describing this exciting feature!

 

 

For new traders, NinjaTrader 8 helps provide a solid foundation in the world of trading. It is also worth highlighting the they offer daily training and education, both via YouTube and through its educational forum with hundreds of questions and answers.

We are also happy to announce we are exploring access to investors who finance traders, eliminating the lack of adequate capitalization, and presenting the unique opportunity to start your venture as a trader without risking your own money using our systems. We will talk more about this in the future as it develops, but we are pleased about being able to offer additional tools dedicated to your success.

We are very excited about the new relationship we are developing with NinjaTrader as well as other opportunities we are exploring. We believe all our users current and future will fully benefit from all the exciting things we are doing, and especially from the wonderful tools the NinjaTrader platform has to offer. Stay tuned for our trading automation release dates!

Visit the Simplemente Trading NinjaTrader Page to Learn More and Download for FREE: https://www.simplementetrading.com/ninjatrader/

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.

 

Simplemente Renko SwingTrader Series Update

5543 Edmondson Pike #182
Nashville, TN 37211
Email: info@Simplementetrading.com


Simplemente Dow Jones Renko SwingTrader Series


Objective

The objective of this series, is to create swing positions as the market direction changes. Designed to be in the market from the beginning American sessions each day Monday through Friday.

  1. The indicator is utilizing OSO/OCO object orders.

  1. The entries are designed with a complex combination or proprietary indicators utilizing ion a broad sense is using a combination momentum, volatility average ranges and volume.

  1. In the upper left-hand corner of the chart, the status of the indicator will be noted. Since this is an indicator, not a strategy, you will status the indicator on and off from the ‘Format Analysis Techniques’ tab. This will not be necessary to turn the indicator on and off, as we have added a button to the charts pop up window to be able to turn the indicator on and off.

  2. Below is the ‘Operation Center Grid’ for the indicator and an explanation of its functions.

  1. State – Displays the current SIM trade and your LIVE position.

  2. Use the ‘Flatten and Disable’ to turn off the indicator (Take early Profits, End trading for a time), then press the same button (Will display ‘ENABLE’) to reactivate the indicator. Use the check box, to flatten any position should the indicator become disabled

  3. Under the version number of the indicator, we have also for your convenience displayed the expiration of the current contract.

  4. Tabs – Below are a description of each tab and its purpose in the indicator

Sample Data – not actual

Displays all current trades in the indicators back testing as of the charts start date

Displays all operational messages

This ‘Sync’ button allows you to enter a position to match the indicator should your indicator be RESTARTED and not currently in a trade, when the indicator is showing an open position. You do not have to use this to reactivate the indicator. Should you choose NOT to Sync a position, the indicator will look for the next entry and enter on its own.

This tab will display all back-testing results by month, weekly and daily as well as ‘TOD’ – Time of day trades have been entered and ‘DOW’ – the Day of the week. This information may be helpful to you in determining when you want to trade the indicator.

General TradingAPP Information and Settings

More than ever before, we have added options that you can use to improve your control over the trading algorithm. Below, the inputs are listed with their defaults. Inputs with an * are newly added features in this version.

Name Preset Value
iAccountID “” Set account number in this field if you have more than one account only.
iCommFeePerContractSide 2.25 Set to the average cost, this allows the indicators back-testing to factor in the commissions when displaying results.
iAllowRealTrades True Preset to true, this allows the indicator to trade live. When in this mode, only the current session trades are visible in the message center. Changed to False, you can change the chart from the required 1-week back setting to any previous date up to 6 months to view the back-testing.
iRequieredBrickPoints 12 This option allows you to change the size of the Renko. This setting must be the same as the chart setting. As an example, if the market is trading in a very tight range, you may want to change the Renko to a small size to create
more movement or vice/versa in a volatile market.
iEntryLengh1 90 This option allows you to make the entry signal more aggressive (Lower number) or more conservative entries (looks for a longer time in a trend)
iExitLengh1 50 This option allows you to make the exit signal more aggressive when set to a lower number (exit sooner). A higher setting will keep you in a trade longer when using this exit.
iLongEntryLevel 0.35 Creates an entry above the “0” line, allowing for possible confirmation of a trend. The higher the number, the longer the delay. See chart for ranges.
iLongExitLevel 0.85 Creates an exit above the “0” line, allowing for possible confirmation of a reversal. The lower the number, the longer the delay. See chart for ranges.
iShortEntryLevel -0.35 Creates an entry below the “0” line, allowing for possible confirmation of a trend. The lower the number, the longer the delay. See chart for ranges
iShortExitLevel -0.85 Creates an exit below the “0” line, allowing for possible confirmation of a reversal. The higher the number, the longer the delay. See chart for ranges
iLRAFilterLengh 0 Using a “Linear” price regression, this is a secondary filter that when used can further identify trends. When used, this will prevent a long or short position from entering should it identify a trend in one direction or the other Suggested range would be 0 (not used) to 100.
iAllowLong 1 1 signifies LONG trades are allowed – 0 means no LONG trades will occur.
iLong TargetTicks 0 Should you decide to set a long target, set the number of ticks. “0” means not used
iLongStopTicks 0 Only to be used if a target is desired. Do not use without a target. “0” means not used
iAllowSHORT 1 1 signifies LONG trades are allowed – 0 means no LONG trades will occur.
iShortTargetTicks 0 Should you decide to set a short target, set the number of ticks. “0” means not used
iLongStopTicks 0 Only to be used if a target is desired. No not use without a target. “0” then not used
iDayProfitFloor 0 Used to set daily profit target in dollars
iDayProfitTrailing 0 Used to set a trailing stop once the iDayProfitFloor in reached
iDayLossStop 0 Used to set a maximum daily loss.
iTradingPeriodExchangeStart “08:30:00” Exchange time, default set to the start of the COBE session.
iTradingPeriodExchangeEnd “15:00:00” Exchange time, default is set at 10 minutes before the END of the COBE session.
iEnterAtTradingPeriodStart False Used when the trading day begins, and you see a clear positive trade you want to enter, change this to “TRUE”. Set to False, the indicator will wait for the next trading signal to enter.

 

*** Make sure to change the symbol on the Indicator Chart to the current contract ***

Troubleshooting

Please feel free to contact up at any time at info@Simplementetrading.com should you have any issues, but first see if any of our trouble shooting FAQs below can solve your issue first.

  1. When using the ‘Flatten and disable’ button to close a position, the live trading will be disabled as illustrated below.

To re-enable the indicator, click the ‘Enable Trading’. The status will then change from ‘DISABLED’ to ‘TRADING’. Should the indicator NOT enter the next trade, then you will need to ‘STATUS’ off and on the indicator as shown below.

      2. My chart is very slow to load data. Since this indicator is loading historical data that is displaying historic trades, several minutes maybe required at time for the chart to load depending on you operating system. Should the system lock up or fail to load, shut down TradeStation and delete the cache and TCACHE files in the TradeStation/program files. This will clear out old cache that can cause issues with the platform.

      3. Can I add contracts or manually trade with the indicator? – The current version of this indicator only trades one contract. You cannot add any contract to the indicator and you cannot trade manually with it. There is a built-in safety feature that will cause an error and disable to indicator should you add any manual trading to the matrix.

     4. Can I change the start date on my chart? The chart you receive from us has 1-months’ worth of data. To see more data, you may change this and display up to 6 months data should you wish to see the back-testing results. However, make sure to put the chart back to 1-month before live trading continues.

Chart Trade Codes

Below is a “Legend” showing the description of each trade on the chart.

Señal Tipo Descripción
—— ——- —————————————————————————-
EGL Entry Long by signal
EFL Entry Long first in period
EML Entry Long Manual using Sync feature or flatten button
EGS Entry Short by signal
EFS Entry Short first in period
EMS Entry Short Manual using Sync feature or flatten button
XGL Exit Long by signal
XZL Exit Long at end of Time Zone
XTL Exit Long at target
XPL Exit Long at protect stop
XML Exit Long Manual
XSC Exit Signal Cross Short
XGS Exit Long by signal
XZS Exit Long at end of Time zone
XTS Exit Long at target
XPS Exit Long at protect stop
XMS Exit Long Manual
XLC Exit Signal Cross Long

 

About the Developers and Simplemente Trading Corp

The developers for this and other systems, based the algorithms on their own personal trading habits. Sandra Bellizzi runs a trading room forum in Spanish, 5 days a week primarily using these Strategies as well as other indicators we have developed.

After many years of trading discretionary trading, we have concluded that to see long term success, automated systems are needed. High frequency trading in today’s markets are the primary means which the markets are traded. Trading with our systems allows you (and us) to compete for a part of the momentum in an effective and methodical way.

We do not hire outside programmers. Rather, we have our own in-house programmers which allows us to better stay on top of needed changes, updates and enhancements. We are also continually working on developing new products.

Should you have any questions, comments or concerns, the best way to reach us is by Email at info@Simplementetrading.com. All inquiries and questions will be answered and addressed within 24 hours.

Disclaimer

All information contained on this page is a solely informative and educational. Futures trading involves the risk of losing all the capital if necessary protective measures are not taken, and is not recommended for any type of investor. Each investor should be aware and knowledgeable of trading and brokerage fees that are applied by authorized entities, brokers, etc. and consider such expenses in their daily or intra-operative. Simplemente Trading not responsible for the economic results obtained by the / the student / a or user / in the individual application and use of educational content presented and learned by him / a, whether they be positive or negative. Past performance does not guarantee future returns.

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SIMPLEMENTE RUSSELL RENKO DAY TRADER

755 Grand Blvd B105-265
Miramar Beach, Florida USA 32550
Email: info@Simplementetrading.com


SIMPLEMENTE RUSSELL RENKO DAY TRADER


 

¿Cómo funciona?

 

Objetivo

El objetivo de esta serie es crear posiciones a modo SCALP, colocando en el casillero correspondiente la cantidad de ticks que se desea que el automatismo cierre una posición, así como a modo SWING, en la medida que cambia de dirección el mercado. Diseñado para operar desde el comienzo de la sesión asiática hasta el final de la sesión americana, todos los días de domingo a viernes. En esta actualización, debido a condiciones actuales de mercado, sugerimos solamente operar la sesión americana, y aquellos que estén en Europa pueden elegir la apertura de Frankfurt si así lo desean.

1. El indicador usa órdenes a mercado.

2. Las entradas utilizan una combinación de indicadores propietarios, que leen momentum, volatilidad, rango de precios y volumen.

3. En la esquina superior izquierda del gráfico, estará la condición en la que se encuentra el automatismo. Teniendo en cuenta que hemos programado a un indicador que coloca órdenes en forma automática, y no a una estrategia, se activará y desactivará el indicador desde la pestaña “Format Analysis Techniques”. Hemos agregado, a modo de facilitar al usuario, el botón para activarlo en el propio gráfico.

4. A continuación, se muestra el “centro de operaciones” para el indicador y una explicación de sus funciones.

 

a. Estado – Muestra la posición de la estrategia en SIM (posición back testing) y la posición en LIVE o REAL.

b. Use el botón ‘Flatten and Disable’ para apagar al indicador automático (por ejemplo, para cerrar una posición o para desactivar el indicador por determinado tiempo que el usuario elija), luego presione el mismo botón (cambiará a “Enable”) para reactivar el indicador. Utilice la casilla de verificación para verificar la condición.

c. Debajo del número de versión del indicador también hemos agregado la fecha de expiración del presente contrato para su conveniencia. El indicador ya viene prediseñado para ejecutar solamente con el símbolo @RTYU18 y sus correspondientes cambios por rollover, si usted cambia el formato el indicador no ejecutará.

d. Pestañas – a continuación, describiremos el significado y propósito de cada una:

 

Trades: Muestra todas las operaciones del indicador de acuerdo con back testing a partir de la fecha de inicio de los gráficos, por ejemplo 1 mes, 2 meses y puede ir hasta 6 meses.

Messages: muestra los mensajes que va dando la operativa del sistema.

El botón ‘Sync’ le permitirá ingresar a un trade en desarrollo, se utiliza cuando la estrategia estuvo apagada o si hubo que reiniciar el sistema y no hay ninguna operación abierta en Real. No tiene que usar esa herramienta para reactivar el indicador. Si elige NO SINCRONIZAR una posición, el indicador ingresará al siguiente trade, no al trade que se está desarrollando, por sí mismo.

 

Periodic: Esta pestaña mostrará todos los resultados de back testing mensuales, por semana, y diariamente, así como también ver los trades por horario TOD (Time Of Day) y por día DOW (Day Of Week).

 

Información General y configuración de la TradingAPP

 

Tendrá disponibles las siguientes opciones para activar:

 

Name Preset Value
iAccountID “” Especifique el número de la cuenta a usar.
iCommFeePerContractSide 2.25 Establecemos el precio promedio de comisiones de entrada y salida, a efectos de back testing.
iAllowRealTrades True “True” el indicador se activará y comenzará a ejecutar trades. Mostrará solamente los trades del día en la ventana de mensajes.

“False” el indicador podrá mostrar no solamente la última semana, que viene por defecto, sino que el usuario podrá ver los resultados de los últimos 6 meses.

iAllowLong 1 1 significa que permite que se abran posiciones LONG. O significa que no están permitidas las operaciones en LONG.
iLong TargetTicks 0 Aquí se coloca la cantidad de puntos de beneficio a tomar en Long
iLongStopTicks 0 Puede establecer puntos de stop a usar si coloca un target fijo.
iAllowSHORT 1 1 significa que permite que se abran posiciones SHORT. O significa que no están permitidas las operaciones SHORT.
iShortTargetTicks 0 Aquí se coloca la cantidad de puntos de beneficio a tomar en Short
iShortStopTicks 0 Puede establecer puntos de stop a usar si coloca un target fijo.
I Day Profit Floor 0 Puede establecer un monto de dinero a partir del cual se protege lo ya ganado.
I Day Profit Trailing 0 Cuando se abre un nuevo trade que supera lo ya ganado en el Profit Floor

Se protegerá esa ganancia establecida y se dejará correr el nuevo trade

Mientras no descienda de la suma asignada.

I Day Loss Stop 0 Se puede establecer una suma de dinero como límite de pérdidas del día, superado ese monto no abrirá más operaciones.
I Trading Period Exchange Start 08:30 La sesión empezará con la apertura del mercado de contado en Chicago.

Recomendamos, en este período de alta volatilidad, y para reducir los Trades realizados por día, que se opere solamente a partir de esa hora, si hubiera una noticia importante en el premarket, como ser el dato de empleo o el GDP, se puede establecer como hora de inicio 07:30.

I Trading Period Exchange End 15:00 Finaliza la sesión al cierre del mercado de contado de Chicago. Si se quisiera una hora de finalización distinta se puede hacer, por ejemplo, establecer que sólo abra operaciones la primera hora, se cambia el valor a 09:30

 

*** Siempre corrobore que esté usando el contrato que está vigente ***

 

Solucionador de problemas

Puede siempre contactarnos por mail a info@Simplementetrading.com pero le solicitamos que primero siga las instrucciones para solucionar posibles inconvenientes.

Cuando use el botón ‘Flatten and disable’ para cerrar una posición, la ejecución automática quedará deshabilitada (disabled).

Para volver a habilitar al indicador, haga clic en “Enable Trading” (‘Habilitar Trading’). El estado cambiará de ‘DISABLED’ a ‘TRADING’. El indicador NO ingresará en la siguiente operación, deberá ‘DESACTIVAR’ el indicador como se muestra a continuación, y volver a “ACTIVAR” (“ON”).

1. Mi gráfica carga los datos en forma muy lenta. Como este indicador está cargando datos históricos con sus correspondientes trades históricos, es posible que se necesiten varios minutos cada vez para que el gráfico se cargue, dependerá de su sistema operativo. Si el sistema se bloquea o no se carga, cierre TradeStation y elimine la carpeta CACHE y los archivos TCACHE en TradeStation / Program. Esto eliminará las posibles cookies que pueden causar problemas en la plataforma.

2. ¿Puedo agregar contratos y ejecutar órdenes manualmente con el indicador? – La versión actual de este indicador solo intercambia 1 contrato. No puede agregar más contratos al indicador y no puede hacer trades manualmente con él. Hay una función de seguridad incorporada que causará un error y deshabilitará el indicador si agrega cualquier operación adicional manualmente en la matrix.

3. ¿Puedo cambiar el día y la hora de inicio de los resultados de back testing? Por razones de agilizar la carga de data histórica, necesaria para activar la estrategia automática, el automatismo muestra por defecto solamente 1 mes de resultados de back testing. Para ver más datos, puede cambiar y pedir hasta 6 meses de data si quiere tener más resultados históricos. Cuanta más data pida, más lenta será la activación de la estrategia automática cuando tenga que resetear. Puede usted

estudiar las estadísticas, los períodos de “draw down”, pero no necesita tener toda la data a la vista para tener al sistema operando.

4. Mensaje de error. Si aparece este mensaje de error:

 

 

Hacer lo siguiente: seguir las instrucciones de la figura a continuación, pinchando en los casilleros como se señala.

 

 

 

 

 

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Simplemente Renko SwingTrader Series

755 Grand Blvd B105-265
Miramar Beach, Florida USA 32550
Email: info@Simplementetrading.com


Simplemente Renko SwingTrader Series


Objective

The objective of this series, is to create swing positions as the market direction changes. Designed to be in the market from the beginning of the Asian session till the end of the American sessions each day Sunday through Friday.

  1. The indicator is utilizing OSO/OCO object orders.
  2. The entries are designed with a complex combination or proprietary indicators utilizing ion a broad sense is using a combination momentum, volatility average ranges and volume.
  3. In the upper left-hand corner of the chart, the status of the indicator will be noted. Since this is an indicator, not a strategy, you will status the indicator on and off from the ‘Format Analysis Techniques’ tab. This will not be necessary to turn the indicator on and off, as we have added a button to the charts pop up window to be able to turn the indicator on and off.
  4. Below is the ‘Operation Center Grid’ for the indicator and an explanation of its functions.

 

a. State – Displays the current SIM trade and your LIVE position.

b. Use the ‘Flatten and Disable’ to turn off the indicator (Take early Profits, End trading for a time), then press the same button (Will display ‘ENABLE’) to reactivate the indicator. Use the check box, to flatten any position should the indicator become disabled

c. Under the version number of the indicator, we have also for your convenience displayed the expiration of the current contract.

d. Tabs – Below are a description of each tab and its purpose in the indicator

 

 

Displays all current trades in the indicators back testing as of the charts start date

 

 

Displays all operational messages

 

 

This ‘Sync’ button allows you to enter a position to match the indicator should your indicator be RESTARTED and not currently in a trade, when the indicator is showing an open position. You do not have to use this to reactivate the indicator. Should you chose NOT to Sync a position, the indicator will look for the next entry and enter on its own.

 

Sample Data – not actual

 

This tab will display all back-testing results by month, weekly and daily as well as ‘TOD’ – Time of day trades have been entered and ‘DOW’ – the Day of the week. This information may be helpful to you in determining when you want to trade the indicator.

 

General TradingAPP Information and Settings

More than ever before, we have added options that you can use to improve your control over the trading algorithm. Below, the inputs are listed with their defaults.

 

 

Name Preset Value
iAccountID “” Set account number in this field if you have more than one account only.
iCommFeePerContractSide 2.25 Set to the average cost, this allows the indicators back-testing to factor in the commissions when displaying results.
iAllowRealTrades True Preset to true, this allows the indicator to trade live. When in this mode, only  the current session trades are visible in the message center. Changed to False, you can change the chart from the required 1-week back setting to any previous date up to 6 months in order to view the back-testing.
 iAllowLong  1  1 signifies LONG trades are allowed – 0 means no LONG trades will occur.
 iLong TargetTicks  0  Should you decide to set a long target, set the number of ticks. “0” means not used
 iLongStopTicks  0  Only to be used if a target is desired. Do not use without a target. “0” means not used
 iAllowSHORT  1  1 signifies LONG trades are allowed – 0 means no LONG trades will occur.
 iShortTargetTicks  0  Should you decide to set a short target, set the number of ticks. “0” means not used
 iLongStopTicks  0  Only to be used if a target is desired. No not use with out a target. “0” then not used
 iDayProfitFloor  0  Used to set daily profit target in dollars
 iDayProfitTrailing  0  Used to set a trailing stop once the iDayProfitFloor in reached
 iDayLossStop  0  Used to set a maximum daily loss.
 iTradingPeriodExchangeStart  08:30  Exchange time, default set to the start of the COBE session.
 iTradingPeriodExchangeEnd  15:00  Exchange time, default is set at 10 minutes before the END of the COBE session.

 

*** Make sure to change the symbol on the Indicator Chart to the current contract ***

 

 

Troubleshooting

 

Please feel free to contact up at any time at info@Simplementetrading.com should you have any issues, but first see if any of our trouble shooting FAQs below can solve your issue first.

  1. When using the ‘Flatten and disable’ button to close a position, the live trading will be disabled as illustrated below.

 

 

To re-enable the indicator, click the ‘Enable Trading’. The status will then change from ‘DISABLED’ to ‘TRADING’. Should the indicator NOT enter the next trade, then you will need to ‘STATUS’ off and on the indicator as shown below.

 

 

2. My chart is very slow to load data. Since this indicator is loading historical data that is displaying historic trades, several minutes maybe required at time for the chart to load depending on you operating system. Should the system lock up or fail to load, shut down TradeStation and delete the cache and TCACHE files in the TradeStation/program files. This will clear out old cache that can cause issues with the platform.

 3. Can I add contracts or manually trade with the indicator? – The current version of this indicator only trades one contract. You cannot add any contract to the indicator and you cannot trade manually with it. There is a built in safety feature that will cause an error and disable to indicator should you add any manual trading to the matrix.

 4. Can I change the start date on my chart? The chart you receive from us has 1-months’ worth of data. To see more data, you may change this and display up to 6 months data should you wish to see the back-testing results. However, make sure to put the chart back to 1-month before live trading continue

Chart Trade Codes

 

Signal Type Description
——– —— —————-
EGL Entry  Long by signal
EFL Entry  Long first in period
EML Entry  Long Manual using sync feature or flatten button
EGS Entry  Long by signal
EFS Entry  Long first in period
EMS Entry  Long Manual using Sync feature or flatten button
XGL Exit  Long by signal
XZL Exit  Long at end of Time Zone
XTL Exit  Long at target
XPL Exit  Long at protect stop
XML Exit  Long Manual
XGS Exit  Long by signal
XZS Exit  Long at end of Time Zone
XTS Exit  Long at target
XPS Exit  Long at protect stop
XMS Exit  Long Manual
RGL  Reverse To Long by signal
RGS  Reverse To Short by signal

 

 

About the Developer and Simplemente Trading Corp

The developers for this and other systems, based the algorithms on their own personal trading habits. Sandra Bellizzi runs a trading room forum in Spanish, 5 days a week primarily using these Strategies as well as other indicators we have developed.

After many years of trading discretionary trading, we have concluded that to see long term success, automated systems are needed. High frequency trading in today’s markets are the primary means which the markets are traded. Trading with our systems allows you (and us) to compete for a part of the momentum in an effective and methodical way.

We do not hire outside programmers. Rather, we have our own in-house programmers which allows us to better stay on top of needed changes, updates and enhancements. We are also continually working on developing new products.

Should you have any questions, comments or concerns, the best way to reach us is by Email at info@Simplementetrading.com. All inquiries and questions will be answered and addressed within 24 hours.

 

Disclaimer

All information contained on this page is a solely informative and educational. Futures trading involves the risk of losing all the capital if necessary protective measures are not taken, and is not recommended for any type of investor. Each investor should be aware and knowledgeable of trading and brokerage fees that are applied by authorized entities, brokers, etc. and consider such expenses in their daily or intra-operative. Simplemente Trading not responsible for the economic results obtained by the / the student / a or user / in the individual application and use of educational content presented and learned by him / a, whether they be positive or negative. Past performance does not guarantee future returns.

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Simplemente Nasdaq Renko DayTrader

Simplemente Trading Corp

755 Grand Blvd B105-265
Miramar Beach, Florida USA 32550
Email: info@Simplementetrading.com


Simplemente Nasdaq Renko DayTrader


Objective

The objective of this series, is to have preset targets on each direction change in the market. Trading 3-6 times per day, the object here is to attempt to create a steady cash flow while minimizing daily draw downs.

  1. The indicator is utilizing OSO/OCO Order Tickets to automate trading. So, as the indicator calls for a trade to execute, an OSO/OCO order is submitted to TradeStation.
  2. The Application is preset to one contract. This is adjustable, and there is an unlimited number of contracts you can place.
  3. Trading in both long and short positions, the targets are adjustable for both long and short positions. Preset to 8 ticks, the suggested range is 4-8 to maximize the success of the indicator.

 

*** Just a thought on targets …. use your discretion. If you see the market running, if you feel it’s going to move in your direction stronger than even the target, you can drag the target further to capture additional profits. ***

 

General TradingAPP Information and Settings

  1. The Application trades 3:00am until 2:45 noon (central time zone). We purposely added these ours to allow the user to pick the trading hours they want to use. Simply status the indicator on and off to activate. We strongly suggest staying out of the market during very volatile times such as fed days.
  2. Stops are predetermined at 22 ticks. This too is adjustable. 22 is the suggested, but you can adjust the stop based on your own personal risk tolerance.
  3. When not in the trading hours preset, you do not need to keep this APP turned on. When you do turn on you TradeStation, and open the chart, you will be prompted to active the indicator.

 

Please continue to read this PDF for specific set up instructions.

 

*** Make sure to change the symbol on the Indicator Chart to the current contract ***

 

To Set the Targets, Stops and Number of Contracts

 

  1. Use the iSIMAccountID and ILiveAccountID to set your account number if you have more than one account. Do not forget to add the parentheses
  2. Use the settings to the left to adjust your number of contracts to trade for both the long and short positions. (iLongTarget1Qty/iShortTarget1Qty)
  3. Set the target in ticks for both long and short positions separately. (iLongTarget1Ticks/iShortTarget1Ticks
  4. Set the stops in ticks for both long and short positions separately. (iLongStop1Ticks/iShortStop1Ticks)

 

Since this is an indicator based application, it is set up differently than typical TradeStation Strategies. Below we have specified the instructions.

The following chart shows the workspace you will receive with the indicator activated.

  1. The blue background you see on the activated indicator, shows the trading times preset in the code.
  2. The arrows (Could also be letters) signifies when the indicator triggered the OSO order.

 

Below are the instructions for activating after the Indicator after downloading the APP. When the chart is loaded, it may display as the picture above. It may ask you when opened if you would like to active (Fig1) below

If you do not receive the warning, or you do not active the Indicator when launched, the following steps will show you how to set up and activate the indicator.

1. From the chart, right click

2. Circled in blue, shows the box that must be checked for the Indicator to be turned on.

3. Below, you can enter an account number if you have more than one account on this login. If you only have one account on one login, then it is not necessary to add an account number here.

** If account number is added, be sure to put the account number in quotes as illustrated above **

Then click Format

If you follow these procedures and the Indicator does not display the arrows/letters, the return to the chart, right click, status off. Then, reopen the format window and Status on, that should reset everything.

About the Developers and Simplemente Trading Corp

The developers for this and other systems, based the algorithms on their own personal trading habits. Sandra Bellizzi runs a trading room forum in Spanish, 5 days a week primarily using these Strategies as well as other indicators we have developed.
After many years of trading discretionary trading, we have concluded that to see long term success, automated systems are needed. High frequency trading in today’s markets are the primary means which the markets are traded. Trading with our systems allows you (and us) to compete for a part of the momentum in an effective and methodical way.
We do not hire outside programmers. Rather, we have our own in-house programmers which allows us to better stay on top of needed changes, updates and enhancements. We are also continually working on developing new products.
Should you have any questions, comments or concerns, the best way to reach us is by Email at info@Simplementetrading.com. All inquiries and questions will be answered and addressed within 24 hours.

Disclaimer

All information contained on this page is a solely informative and educational. Futures trading involves the risk of losing all the capital if necessary protective measures are not taken, and is not recommended for any type of investor. Each investor should be aware and knowledgeable of trading and brokerage fees that are applied by authorized entities, brokers, etc. and consider such expenses in their daily or intra-operative. Simplemente Trading not responsible for the economic results obtained by the / the student / a or user / in the individual application and use of educational content presented and learned by him / a, whether they be positive or negative. Past performance does not guarantee future returns.

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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.