A powerful combination to trade index futures on NinjaTrader

A powerful combination to trade index futures on NinjaTrader

by Anna Coulling Comment Closed
A powerful combination to trade index futures on NinjaTrader Discover how to trade emini index futures using renko charts and time based charts on NinjaTrader https://youtu.be/Hlhkobf9iYE 00:05 Using Renko with time base charts for momentum 00:05 The speaker discusses their workspace setup, which includes multiple wrinkles and multiple time-based charts, highlighting the powerful combination of using Renko charts alongside traditional time-based charts. They explain that Renko and tick charts provide a sense of momentum that time-based charts alone do not show. The setup involves using multiple time frames simultaneously, such as 15-second, 30-second, and 1-minute charts, with Renko charts aligned to these time frames through a wrinkle optimizer tool. 01:14 Optimal Renko brick size adjustment explained 01:14 The video explains how the optimal Renko brick size is determined dynamically for a trading instrument during a session. Since market speed fluctuates throughout the session, fixed settings like a 150-tick chart can be misleading. Instead, the indicator adjusts the optimal brick size in real time to reflect these changes, allowing for more...
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Silver futures deliver some classic volume price analysis lessons

Silver futures deliver some classic volume price analysis lessons

by Anna Coulling Comment Closed
Silver futures deliver some classic volume price analysis lessons More lessons in volume price analysis using silver futures. https://youtu.be/EaAnGfTIgLo 00:16 Introduction to volume price analysis 00:16 The speaker begins by ensuring the audience can see the screen and moves the chat interface out of the way. They introduce a silver chart to illustrate key points about volume price analysis. Emphasis is placed on recognizing signals within any chart or timeframe and the importance of patience in allowing those signals to fully develop. 00:47 Silver futures trap move explained 00:47 The speaker discusses silver futures, highlighting a trap move occurring at 1:00 PM UK time, which coincides with the opening of the US cash markets. This time brings increased volume and volatility, demonstrated by a significant trigger and notable volume, characterizing the move as volatile. 01:16 Volatility trigger and reversal 01:16 The volatility trigger appears on the candle in real time, causing many traders to enter the market out of fear of missing out. This often leads to them being caught in a reversal as...
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