Tag: ninjatrader

Using the indicators to set your stop loss levels Learn how to use the Quantum Trading tools and indicators to set your stop loss levels. https://youtu.be/obiLdCo3Kt4 00:11 Trading in ranging markets and stop losses 00:11 The speaker discusses the challenges of trading when the market is in a range, highlighting that price action can be choppy and frustrating. Despite these difficulties, short-term trading opportunities still exist, and using levels effectively becomes crucial, especially for managing stop losses. 00:46 Using volume point of control for stops 00:46 This segment explains the concept of setting stop-loss orders using strong support levels, specifically the volume point of control (VPOC). It highlights the advantage of combining price-based support with volume-based support to determine optimal stop placement. The stop-loss is ideally placed just below these support levels to protect against adverse price movements, with examples illustrating multiple instances of price respecting these levels. 01:20 Expecting stop-outs in ranging markets 01:20 The speaker discusses the challenges of trading in ranging markets, emphasizing that traders should expect to be stopped out...

Multiple renko charts and time charts - a powerful combination Using multiple renko charts alongside time-based charts is a powerful combination - a blend of two different approaches to trading but which when combined provide the best of all worlds. Volume price analysis on the time-based chart and momentum trading on the renko charts. https://youtu.be/SgECtHuSsJs 00:10 Introduction to YM E-mini Futures and MT5 Differences 00:10 The speaker explains they were busy scanning various markets and introduces the YM, which is the e-mini futures contract similar to what was shown in Ana's MT5 platform. They highlight that the main differences lie in the numerical values and the cost of entering the particular futures contract. 00:52 Futures Trading Costs and Index Price Actions 00:52 Trading futures involves higher costs due to larger contract sizes and increased margin requirements. In contrast, trading futures on the MT5 platform requires significantly less margin, making it an accessible option for those wanting to start trading indices. The speaker demonstrates price action charts for various timeframes, highlighting...

Applying volume price analysis to gold futures on a breakaway Volume price analysis works in all timeframes and for all instruments and markets and just to prove the point we have an excellent intraday example trading gold futures on the faster timeframes. https://youtu.be/W9PQFeo71YU 00:11 VIX overview and importance in trading 00:11 The speaker explains their current setup on TradingView, focusing on the VIX (Volatility Index) displayed in various timeframes including one, three, five, and ten minutes. They mention the significance of the VIX rising, implying an increase in market volatility. 00:45 VIX rising means falling indices 00:45 The speaker explains the inverse relationship between the VIX and equity indices: when the VIX rises, indices tend to fall, and vice versa. Recently, a rally in the VIX caused a sell-off in equities, but the VIX has mostly declined throughout the day, leading to a minor reversal in the markets. They emphasize the importance of monitoring the VIX when trading any index or risk asset class, as it provides real-time insight into...