The importance of the R4 level on the Camarilla levels indicator for NinjaTrader

The importance of the R4 level on the Camarilla levels indicator for NinjaTrader

by Anna Coulling Comment Closed
The importance of the R4 level on the Camarilla levels indicator for NinjaTrader The importance of the R4 level on the camarilla levels indicator and an example from our live US futures session. https://youtu.be/8ojJE1AEN7I 00:12 Forex market end-of-month flows and cable trends 00:12 The speaker discusses the unique dynamics of end-of-month flows in the forex market, focusing on the 'cable' currency pair (GBP/USD). They highlight that cable is an excellent currency to trade, often producing strong trends and significant price moves, sometimes exceeding 80 to 100 pips. The commentary also references recent market volatility around Brexit events, noting that cable has delivered notable trading opportunities. Additionally, the speaker mentions the importance of timing trades around the London session close, which occurs at 4 PM local time. 01:20 Volatility candles and trend dot indicator explained 01:20 The segment explains how to interpret price and volume data on a chart, starting with an example where the time indicated corresponds to earlier hours. It discusses the appearance of a wide volatility candle following...
Read More
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...
Read More
12345