OmniTrader Forum OmniTrader Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


  Current location        Thread information  
OmniTrader Archives
OmniTrader 2005 Technical Support
Sharing custom Chart Templates?
Last Activity 1/25/2010 7:33 PM
70 replies, 6604 viewings

Jump to page : 1 2 3
Now viewing page 1 [25 messages per page]
 
back reply
Printer friendly version

^ Top
RichardL

Veteran
10025
Posts: 134

Joined: 9/18/2004

User Profile
 
Subject : Sharing custom Chart Templates?
Posted : 4/4/2005 5:39 PM
Post #6290

I guess many users have put together favourite Chart Templates which have indicators/systems which work well together.

Could we share our own favourite combinations? Here's one I use. Just put in the Chart Templates directory and restart OmniTrader to pick it up.

Would be great to hear from other users.

Richard

[Edited by RichardL on 4/4/2005 5:57 PM]

Attached file : RAL1.otd (132KB - 723 downloads)

^ Top
Barry Cohen

Sage
500010010025
Posts: 5244

Joined: 1/19/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/5/2005 2:13 PM
Post #6316 - In reply to #6290

Good idea Richard!

For anyone that needs help installing:

Installation instructions:

1. Click on the template to download.
2. Then save the attachment into the C:\Program Files\Nirvana\OT2005\ChartTemplates folder or if you changed your default location, in the ?\Nirvana\OT2005\ChartTemplates folder.
3. Then restart OT.

*These .otd files cannot be opened. They just need to be installed in the location above & then OT will show them in the template list.*
^ Top
Flowta

Regular
252525
Posts: 92

Joined: 1/12/2004
Location: Canberra Australia

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/5/2005 6:01 PM
Post #6318 - In reply to #6290

Yes, I agree, an excellent suggestion Richard.

I attach a template I have been playing with, that looks promising.

It includes an idea for using Guppy GMMA and Keltner Channels together posted by Frank Birch on the club site (hope you dont mind Frank), so it requires guppy package.

Gary
Attached file : GMMAKeltner.otd (144KB - 585 downloads)

^ Top


This accout has been deleted
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/5/2005 10:28 PM
Post #6321 - In reply to #6316

I wonder how many other profiles are scattered around the forum in various posts. They should be collected into a central folder.
^ Top
Barry Cohen

Sage
500010010025
Posts: 5244

Joined: 1/19/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/6/2005 4:04 PM
Post #6328 - In reply to #6321

There are no other posted templates on this forum unless you count the default ones in the FAQ.
^ Top
Frank Birch

Regular
2525
Posts: 55

Joined: 12/29/2003
Location: UK

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/6/2005 5:01 PM
Post #6332 - In reply to #6318

Gary, thank you for mentioning my name its nice to be reconised for my little bit of work.
If you would like me to add the whole sequence of indicators to trading this method let me know?
To have All the peices of the puzzle, always gives you the better picture in the end?
Thanks again and happy trading,

Frank B
^ Top
RichardL

Veteran
10025
Posts: 134

Joined: 9/18/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/7/2005 2:27 AM
Post #6338 - In reply to #6332

Hi Frank

Sorry to jump in before Gary, but I'd very much appreciate your run-through on the interrelationship between the indicators & systems to maximise the use of the template.

All the best

Richard
^ Top
Flowta

Regular
252525
Posts: 92

Joined: 1/12/2004
Location: Canberra Australia

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/7/2005 3:05 AM
Post #6339 - In reply to #6290

Hi Frank

I think OT users would be really interested in your ideas, and the methods you use. I certainly was, so I incoprorated some of them into what I was doing. But an explanation from you, and maybe your template too, would be great.

Gary
^ Top
Jeff V

Member

Posts: 8

Joined: 1/8/2004
Location: Greenville SC

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/7/2005 8:08 AM
Post #6340 - In reply to #6339

I would certainly be interested in hearing about others templates and how they use them to make trades. I think its a great idea.

jeff
^ Top
Frank Birch

Regular
2525
Posts: 55

Joined: 12/29/2003
Location: UK

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/7/2005 10:45 AM
Post #6345 - In reply to #6340

Hi to all,
Firstly you all must understand that i can only go so far with this as some of the information is under the Nirvana Club Banner,so i will give the best information to be used with OT2005.
1/ this whole set-up was made for the Forex Market in Real-Time,the symbols to trade are USD/CHF and USD/EURO because when one symbol goes long the other symbol will go short so in theroy you get one signal but enter 2 trades(which is pretty cool)
2/with the FX market it has nice moves every day to make a nice profit,so by trading with GUPPYS and KELTNERS you will be entering a trade to catch the meat in the middle(which in FX terms depending on the ADR)
3/You must have an understanding of compression and expansion of the GUPPY indicators to tell you how strong the trend is going tobe
4/if you use garrys set-up add the CCI indicator set to 50 periods and see how well they all corrosponed with the trend.
5/When the 3 EMA of the guppy set-up moves outside of the Keltner then look if the CCI has broke through the 0% line(the zero line acts as support and resistance)
I have looked at this abit for use with End of Day but not alot(so have aplay and see if it might work for you)
I will try and get snap shot to show you all, but my data feed is down!
happy Trading
Regards
Frank
Any questions,leave me a message and i will answer with my screen shot.
^ Top
jamesey

Member

Posts: 20

Joined: 8/7/2004
Location: Wassaic, New York

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/7/2005 1:53 PM
Post #6348 - In reply to #6338

Hi Richard

Like your chart template, and think sharing is a great idea!! Can you explain your template, or what you use as your strategies with this template??

Thanks!! Jim
^ Top
RichardL

Veteran
10025
Posts: 134

Joined: 9/18/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/8/2005 3:21 PM
Post #6355 - In reply to #6348

Hi Jim - happy to run through the template and strategies. Basically what I wanted to do was set up an automated notification system running EOD on Auto mode that emails me pdf prints of my charts for symbols with Buy/Sell for BT>99% and ADV>70%. I use Black Ice's excellent print2pdf email driver (www.blackice.com) as you can set it to print to a single defined email address with custom headers etc.

You may have seen from my other posts that I run clutches of about 4-6 strategies per profile and run about 8 profiles (some signal, some mechanical) to cover a range of some 40-50 strategies (I don't duplicate use of strategies between profiles) and variants I've built up through both this forum and the Club. Each profile runs a subset of symbols restricted to only those that show 100% BT and FT before running for real without FT. All strategies are set to also exit after 14 days and Market on Open entries. Voting is by best strategy in the To Do. The idea is that whilst each strategy might not individually score more than 40-50% on a set of symbols, if you vote by best strategy with complementary strategies, the combined result can be much higher eg 75-80% on the reduced subset of symbols you allow after testing.

So my chart template needed to be clear and uncluttered (less is more) to be readable in a pdf plot and catering for short-medium trade duration which is what I do (< 14 days in trade).

Basically I got the info from Jeff Drake's excellent guides - Profiting with Indicators and also Confirmation Tactics. Do get them if you haven't already. Key point is to trade price, not indicators & treat none of the indicators as absolutes, just guides in concert with each other.

Moving through the Chart top to bottom:

1. Pivots and VTL-B trend curves - these give me a sense for the trend movement. I plot my winning strategy votes on this plot too.

2. ADX - I love this indicator! - basically once it moves up over 40 you can be prepared for a major trend reversal. Not infallible but it hasn't yet let me down.

3. MOMentum and MACD/RSI - on these two together, watch for a broad gradient reversal on MOM in concert with a zero crossing on MACD for a trend reversal. I find MOM a bit coarse but the MACD system as well as MACD indicator mapped on it is again a great tool for the eye to follow. *these aren't strategy votes on this part*. (If you wanted to create more space you could probably lose the MOM plot.)

4. TRN - I'm looking for it to flatline trend up (100) or trend down (0) for confirmation

5. REL-STR - another favourite! - signals to buy into trend up indication when going up between 50 and 70 (but not over - thats overbought!) and short for trend down for 50 to 30 (but not over - thats oversold).

This is a bit shorthand but do take a look at Jeff's guides which are very good.

Hope this helps. BTW if I've got any of the above wrong, please someone do reply to tell me - I'm still learning :-)

Richard








^ Top


This accout has been deleted
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/9/2005 8:51 PM
Post #6364 - In reply to #6355

RichardL,
Congrats on the idea of sharing templates.I printed out your post and started working on a system based on the info you wrote about using all as filters. When its good enough I'll post it.

[Edited by on 4/9/2005 8:52 PM]

^ Top
RichardL

Veteran
10025
Posts: 134

Joined: 9/18/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/10/2005 2:17 AM
Post #6365 - In reply to #6364

Scrappy

that's great news! - let me know if there's anything I can do to help.

Looking forward to the system

all the best

Richard
^ Top
RichardL

Veteran
10025
Posts: 134

Joined: 9/18/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/11/2005 6:05 PM
Post #6374 - In reply to #6355

I attach a slightly improved version of my original template.

Basically, I've replaced MOM with a couple of ideas which I must give all credit to a recent post by Hussein (hope you don't mind Hussein) and which has been giving me excellent improved results.

Essentially this uses DMI-C (8) in a pane and two Simple Moving Averages (15 and 50) the latter of which are on the price chart itself.

In addition to my earlier post, the way to use the extended features is

1) Watch for confirmation buy/sell indicators from the DMI against the MACD system/indicator and your winning votes (and the other indicators - see my earlier post)

AND

2) Consider trading if (in concert with the other confirmation indicators), the price is (for LONG) above the SMA 15 or (for SHORT) below BOTH the SMA 15 and SMA 50.

Again, the idea isn't mine, but having added it to the chart, its made a big improvement to my success rate.

All the best

Richard

[Edited by RichardL on 4/11/2005 6:12 PM]

Attached file : RAL2.otd (148KB - 582 downloads)

^ Top
RichardL

Veteran
10025
Posts: 134

Joined: 9/18/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/12/2005 2:46 AM
Post #6379 - In reply to #6374

I've been asked if I could send through an example plot. Attached is a pdf I ran off this morning of a potential trade I've been watching over the last few days & which hits most of the buttons.

This is attached only as an example to illustrate the method, **please view it with the usual disclaimers ie its not a recommendation to invest etc etc.**

Things to note:

1. The trade winning vote originates outside the backtest optimisation boundary. This is one reason I set my trades to stop < 14 days - otherwise I found that the system would keep long running optimised (hindsighted) trades in play inhibiting newer non-optimised opportunities from appearing.

The actual strategy is one that doesn't use weekly "look-forward" confirmation (this behaviour gets a bad press due to potential hindsight issues).

2. The ADX has two maxima, the second, outside the backtest boundary is the one to watch, signalling a possible reversal aligning with the other indicators.

3. The winning vote aligns with the similar DMI and MACD signals/indicators

4. REL STR is ascending from 30 and through 50 on the reinforcement votes but not exceeding 70

The reason I didn't enter this trade though is that the price (LONG) was less than the SMA 15 (although subsequent reinforcement votes took place when price exceeded the SMA 15 I try not to enter trades on reinforcement signals).

Its quite a nice example. Not perfect by any means but I thought it would be helpful to put something on the forum as a discussion plot.

As before, please do comment, let me know if there's any features I've got wrong (or missed ones that are right :-)

all the best

Richard



[Edited by RichardL on 4/12/2005 2:49 AM]

Attached file : example.pdf (206KB - 679 downloads)

^ Top
Jeff V

Member

Posts: 8

Joined: 1/8/2004
Location: Greenville SC

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/12/2005 7:03 AM
Post #6382 - In reply to #6379

Thanks richard, it great being able to see it at the same time you explain it. Looks great thanks for the info.

jvp
^ Top
jamesey

Member

Posts: 20

Joined: 8/7/2004
Location: Wassaic, New York

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/12/2005 10:21 AM
Post #6384 - In reply to #6379

Thanks Richard for the templates!! Excellent, and the newer one is even better! They are so easy to use...great visual aid for better trading. I hope I can share also.

Jim
^ Top


This accout has been deleted
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/19/2005 8:10 PM
Post #6423 - In reply to #6364

Having some trouble creating the strategy off the template still working on it hitting about 50% and paper trading it will keep up the work.I would like a few people to test this one and share what indicators that would help all who use OT.Please Test and Verify before just buying on any signal.




[Edited by on 5/2/2005 7:45 PM]

^ Top
Barry Cohen

Sage
500010010025
Posts: 5244

Joined: 1/19/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/20/2005 9:53 AM
Post #6424 - In reply to #6423

Excellent Scrappy. For any that want to download this & any other .ots files:

Installation instructions:

1. Click on the strategy to download.
2. Then save the attachment into the C:\Program Files\Nirvana\OT2005\Strategies folder or if you changed your default location, in the ?\Nirvana\OT2005\Strategies folder.
3. Then restart OT.

*These .ots files cannot be opened. They just need to be installed in the location above & then OT will show them in the trading strategies list.*
^ Top


This accout has been deleted
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/28/2005 10:49 PM
Post #6471 - In reply to #6365

Richard,
This is a progress report.Take a look if you will.I'm studing some indicators to help find the best settings will keep trying.

[Edited by on 4/30/2005 12:32 PM]

Attached file : Update.pdf (30KB - 468 downloads)

^ Top


This accout has been deleted
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/30/2005 10:58 AM
Post #6486 - In reply to #6424

Scrappy. Thanks for making the strategy available. I have been working with it but cannot acheive better than 55% FT on longs using OEX as my base. I changed the MA <> filter to 89 as that seems to work a little better for my style. Curious to know what symbol list you used for your reports.

Does anyone have a good reason as to why the BT is always significantly better then the FT?
^ Top


This accout has been deleted
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/30/2005 11:52 AM
Post #6487 - In reply to #6486

The Forward Test uses the optimize settings of the backtest without changing for the forward test.It allows one to compare different settings on strategies.

The lisy of symbols is one I put together over the years and trade. After talking with Barry all test will now be on the RT50 profile in OT which has different Indexes.

If you dont have the books by Jeff Drake I would advise one to take a look at getting them.

[Edited by on 4/30/2005 11:56 AM]

^ Top
RichardL

Veteran
10025
Posts: 134

Joined: 9/18/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 4/30/2005 3:26 PM
Post #6489 - In reply to #6486

I use strategies slightly differently. I test on BT 250 FT 250 first, delete those symbols that result in BT<100% FT <100% and rerun for trading with BT 250 FT 0.

Here are the results for the Scrappy strategy (renamed Scrappy1 - I forgot if the original had an nbar stop - mine always do) reattached - for these two scenarios.

Unsurprisingly, the BT250 FT 0 run has very good results since the poorly performing symbols were culled from the greater list! But the idea is that in actual running, you are working with symbols for whom the strategy is working - at least in test. You can't expect one strategy to fit all symbols.

These symbols were FTSE 250 and monthly optimised.

all the best

Richard

[Edited by RichardL on 5/8/2005 5:54 AM]

Attached file : Scrappy1 BT 250 FT 0.pdf (214KB - 452 downloads)
Attached file : Scrappy1 BT 250 FT 250.pdf (232KB - 388 downloads)
Attached file : Scrappy 1.ots (476KB - 450 downloads)

^ Top
RichardL

Veteran
10025
Posts: 134

Joined: 9/18/2004

User Profile
 
Subject : RE: Sharing custom Chart Templates?
Posted : 5/2/2005 12:56 PM
Post #6494 - In reply to #6489

After chatting off-line with Scrappy - here is the revised strategy.

I made some changes to the filters' settings and ran for test on up to 28th April S&P500 using BT250 FT 250, reduced to the symbols with BT100% FT100% and reran on up to 29th April data using BT250 FT 0.

All results attached plus revised strategy. Monthly opt, best strategy voting.

Comments, amend/edits and feedback very welcome.

Best regards

Richard
Attached file : Richard.ots (488KB - 605 downloads)
Attached file : RichardBT250FT0S_P500culled.pdf (134KB - 618 downloads)
Attached file : RichardBT250FT250S_P500.pdf (143KB - 439 downloads)
Attached file : RichardBT250FT250S_P500culled.pdf (139KB - 393 downloads)

Jump to page : 1 2 3
Now viewing page 1 [25 messages per page]
back reply

Legend    Action      Notification  
Administrator
Forum Moderator
Registered User
Unregistered User
E-Mail this thread to a friend
Toggle e-mail notification


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.