Looks very straight forward to test on Trade Navigator. Could you post your test results?

Markus,

It is a real pleasure to listen to your clear and concise explanations. Thanks you. You are a true gentleman.
I tried your trading room for a short time and was told that we were not really interested in making money. I left and signed with someone else, as I was looking to make 1-2 points daily with the e-mini S&P. Thank you for the e-book.

I really like what I see and hope to come back to learn with you sometime in the future. I hope to try your 1 week session again. I was told that the trading manager would contact me I have never heard from him. I see great potential in your trading method.

Thanks again

Rudi Jansen

Very nicely done. Seems like a great system, I will have to back test it myself. Have already learned something new from the video. Thanks

Your trading system is similar to one that I am currently using to trade stocks although I'm not able to display ticks. I'm using the Bollinger Bands and MACD with a 1 minute bar to trade stocks. Your video has provided me with much clearer understanding of these indicators. Do you think trading stocks is a good use of this system? Also, what triggers your decision as to what starting point/market you trade each day? Thanks again!

Paul

I enjoyed the video. What is the charting software you are using?
Thank you. Please send more videos.

Great Great video and explanation. Really appreciated...

One question which I have is can we have same strategy while trading any stocks ? Also how can I create chart like you demonstrated in video ? I am trading with 'Scotrade' but very confused as so many charts available.

Thanks and regards,

Sam.

Very well explained, very good understandable. Well done.

Well presented.Looking forward to trying it next week.

You mentioned that it works for other markets such as bonds, curencies, gold, crude and grain.
Would you mind giving me the symbols and tic size that you use for those markets.

Thanks

Alex

HY MARKUS ..... GREAT VIDEO !!!
It was just what we need and just what lacked in the book.
I think all the people who looks at the video would like to know how to set the "TN" platform with your indicators.
I saw it in a your forecoming video but not all was so clear: I encourage you to realize another video in which you broadly speak in detail about setting "TN".
Now I'll go and back-test your strategy for at least 40 trades as you suggest!
Thanks a lot.
Best regards
Filippo Pierpaoli

Very nicely explained. I learned a few things, especially the concept of the tick charts and how to use the Bollinger Bands. It is so much easier to comprehend in this video than trying to grasp the concept in a book.

Thank you

Markus

Nice strategy......every trader is looking for these type concepts with clear explanation and execution.

Each and every time the MACD Histogram pulls to zero, you have a corresponding reading of the Signal Line and the MA of the MACD at zero, where the lines are converging together...

Along with this convergence you have a bar closing above or below the center Bollinger Line (is that the MACD Histogram expressed as a line on the bars?)

Anyway, when these bars close below, and you go short, or close above and you buy, it's almost always profitable and you catch big runs.

i appreciate you-guys....

DrHook

it is graet video, well explain, clear and easy to folow.
did you have a performance report for this strategy ? is it work also for stocks ?

thanks for the video
eli

Hi Markus, A great explanation of you simple trading system.My question is regarding tick charts.
I've read about a 10 tick range bar chart. What is this in comparison to the normal tick chart? Next ,what is a 10,000 volume chart? Are these charts of any value & if so how does one load them with e-signal? Thank you Markus once again for a most imformative video.

Regards Bruce Cohen.

very simple and nice i read youe ebook and i agree 100 pct on your priciples of trading

me too i use fix profit in intraday trading and i think it's very good and agree to find trade like this one on high probability of succes and a low R/R (not 1/3 like all books is almost impossible)

this is my opinion

thks

ale

Hello Markus,

thanks for this, it's always interesting to get some insight of someone else's vision/approach.

Now, why on earth do you invest your time in writing books and making video's while you could be trading instead? [Don't misunderstand me: I really do appreciate a lot that you (and some others) are actually doing this]

best regards,
The Storminator...

hello, i'll make this quick. i've been trading futures for a year in a very limited way. been trading the emini-Dow but sort-of watching the EuroFX and Gold and the 30-yr Bond.

i'd like to give myself some more trading opportunities besides just the emini-Dow, but i'm not sure what the complimentary markets are. (which ones are moving, typically, when the dow is not)

can you suggest a few good markets for me to watch during the day (east coast)?

thanks, - eric

by the way, you are truly inspirational. i hope to speak with you in person one day.

Dear Markus:

First of all, please let me congratulate you and your excellent staff in putting together this excellent program to teach newbie and current traders the art of successful trading of the futures markets.  It is by the far the best that I have seen.

As you may know, I have been studying the best and most economical way of getting introduced to trading the emini-forex market without waisting my money.  Over these past many weeks in working with Infinity Futures, Genesis Financial and last but not least Rockwell Trading - by taking advantage of the many free webinars offered by each support company, I still came up with more confused thoughts than necessary.

Today, my confusion hit me like a ton of bricks - while talking on the phone today with one of your stellar advisors ( his name is Graham, I think - sorry for the extended confusion on my part) I finally realized my problem....your excellent program does not include a complete emini-forex product.  Wow, why didn't I think of this before after wasting so much of your time which includes that of Mandy and Randy as well.

Markus, you are absolutely correct when you talk about these so-called gurus selling all major success stories but not really telling you everything that you need to know.  For example, how are their trade fees manipulated; in other words, when you count all the extras, what is your true commission rate per tic or pip? How can you tell by staring at Red and Green arrows that are looking out for you 24/7 - excuse me, I don't believe one word of that malarky.  Better yet, how do they determine your Entry point and more importantly your Exit point?  More malarky.

Your futures program is by the far the best available - when I am ready to begin emini-forex trading, you can be sure it is going to be an Infinity Futures trading ladder or dome supported by the outstanding Rockwell Trading charts BUT, Markus, you don't have an emini-forex program.....why not?  All the pieces are there - you, Randy, Brian and whoever is your ace designer, take the time to put the pieces together.  Competitor W (one of those forex made easy for everyone companies) will not stand a chance.  Why have a bunch of Red and Green arrows tell you when to enter the market but as you say, the most important step is WHEN SHOULD I EXIT the market.  Their 24/7 program is a sure loser but you cannot lose using the Rockwell charts along with the Infinity Futures broker to guide you.  As a matter of fact, don't forget the Rockwell Trade Navigator (oops, in my excitement, I almost forgot to add the most important step.)  The MACD, the Bollinger Bands, the Support and Resistant lines and finally the Profit Target & Stop/Loss features - it is amazing.

Markus, far be it for me to advise you how to run your business but if you jump on this emini-forex program, you are bound to get a BUNCH of new students; it was the CME watchdog that is the vital key to this program - I call it, "you can't lay the wood to me, buddy" program.  I hope these words help you.

Best regards,

Rodger

Can you show something usen Nasdaq or NYSE (ticks)
also I,m guessen your buying options can you confirm that?
Nice work on the book aswell as these vids.
Thanks Mike

Sir,

Here we are paying nearly 15 points as commision itself. In this connection by keeping your stoploss or profit taking does not give us much profit or no profit at all by obaying daily moving average. what should we do. We are mainly trading in gold and silver.

I will be happy if you will be kind enough to reply my question.

Thanking you

Yours truly

c.saikumar
India.

Hello Markus
Great stuff....
I'm trading from Australia and start usually around the time when the Europian markets open.
What settings would you use for those markets?Or how do I determin the settings for Europe?
I guess 1200 trades would probably be to many for those markets, right?

Markus,

Good video. I have a question: If the Average Daily Range is approximately 35 as was in the video example, would you enter a trade if you get the BB and MACD signals but price movement has already moved 33 pts. already. In other words, would you enter a trade, long or short, with two good signals if price is near the ADR limit? Thanks.

Hi Markus,

The video is great. I have some questions:

• I understand how to calculate ADR (Average Daily Range). My question is are you still using tick bar (1200 trades for NQ) when calculating ADR and what time do you start as opening of trading day and the end of trading day (because you are using 24 hour trading).
• I don't have 1200 trades (tick) in my software but I have 133 tick, 144 tick, 233 tick, 333 tick, 400 tick, 512 tick, 1600 tick, 3200 tick. Is that possible to substitute 1200 tick with one of the ticks from my software ?

Thanks,
Andy

Hi Markus,

I enjoyed your video, very well done, highly helpful.

I have one question for now, when you take average daily range for seven days, how do you determine time period for each day?

Is it based on when the market opens for day trading at 0930 AM EST and close in the afternoon between 4:15 PM and 5 PM to determine the day's high and low for E mini, Euro, ZB, etc.

Or do you use a 24 hour time frame that includes overnight trading? I need to know so I can set the start time and end time in my chart that will capture the daily range.

Thanks,
Robert

Hi Markus

Great video and the strategy is simple enough. I see that a part of the trading strategy uses a dynamic type of analysis using bollinger bands to determine "phases".

Phase 1: being a squeez,
phase 2: the increase in volatility(bollinger bands start to break apart),
phase 3: a parallel formation (upper and lower bollinger bands become parallel to each other and trending)
phase 4: end of momentum (lower bollinger band curves upward in a downtrend, and upper BB curves downward in an uptrend)

I've been using this type of strategy (without MACD) for a few months now but have had mixed success.

I'd like to know the percentage of succesful trades you've been having with this strategy.

Thank you

Hello Markus,

This video is running half way and then stopping. What a great clip this must be. I hope I get to see the complete video.

Thanks,
Kurt

Hi Markus,
Pls adv if this strategy wud work in Fx on D1 charts n not applying tic charts.
BTW, in this video u mentioned abt a previous video, pls adv how we can access it, tks.

Hi Markus:

Thanks for your recent reply to my question which asked "which futures you are trading".
Would you mind telling me the tick sizes you use for the EMD,TF,ZB,6E,6B,GC,CL and the grains.

In addition I wonder what your criteria are, in determining the tick size for a particular market?

I was back testing the strategy today and noticed that adding pivot points to the chart and ensuring that price cleared thoses pivot points seemed to increase the chances of success.

I also own Ninja Trader. Ninja carries the 2 indicators you use above as they are standard on almost an charting package. I programmed the MACD and Bollinger to the exact specs you use but the chart visuals turn out quite a bit different. They should be identical. They are different enough to where the method won't work. Anybody have an explanation for why this is?

Hi Markus,

Excellent strategy and explanatory video. It sounds great but can you demonstrate this live in any market for me to see exactly how it works. To me most stratgies look like would work when backtesting but beginners like me fail identifying and executing it live. Can you please show it to us.

Thanks

SM

Great video! What settings(ticks) do you use for ZC(electronic corn)?

Thank you, Markus, for putting a simple but effective EXPLANATION of hoe to use these indicators! It is much appreciated!

could you please explain the daily average range again, is it the diffirence between the high and low for the PREVIOUS day or the same day and does that include from midnight to midnight or what hours. Thanks

Many thanks for the work you have put into this and for sharing it with us. It looks good, I will try it out. Againn, thanks, Rodney

Hi,
How do you get Trade Navigator to display tick charts for FX pairs because I don't think they do it anymore?
Do you get another data-feed from somewhere else?
If not, what are the best time-frames to daytrade FX pairs during European market hours?

Thanks

Hi Markus,another great piece of work from you.I get the idea but my trading platform does not have a tick chart.What would be helpful to most newbees is a trading strategy on say EURUSD using MACD or some other chart that is in common use.
Thanks.

Thanks Markus, for posting the tick sizes that you use for the various markets that you watch.
The only ones that you didn't post are the grains, ZC,ZS,ZW. Would you mind posting those.
In addition, in which bourse does the ex trade?

Thank you. Excellent video

Markus-

Thanks for the video!

A question on the entry points: on the charts you've provided, it looks as though the market never actually touches/crosses the upper Bollinger Band for the sample trade.

For this strategy, do you recommend setting the entry at the upper Band when the MACD crosses zero, and leaving it there, or is it best to move the entry point with the Band as the OHLC bars progress?

Mit herzlichem Dank aus Chicago,

-Lance

Hello Markus,

Would it be possible to have a link available were we could download the graphs you discuss during the interesting webinar (... a picture tells more than a thousand words, right?).

Such a graph, togheter with my notes will do the trick in the sence that I'll use this in my paper account for a while.

Best regards,
The Storminator (Belgium)

I find this excellent educaton for me. I have been using MACD and RSI.
Have been making money as well as losing same.
I have never used Bollinger Bands. I will try this when I trade and will let you now how I am performing.
What is the position when one does Short Trading. I guess you go other way round.

Thanks for the informationm

Regards,
Manharlal.

Excellent video

Good on You Markus, As a Trader of 7 years its great to see someone out there with the knowhow to show all the Newbies how to Trade effectively and profitably and not lose like us oldies did we when we started. Great Video even to the Experienced
Regards Steve from OZ. {Australia}

Thanks Markus, that was clearly and well explained. And I'm going to try it in the forex.

Dear Markus,

I want to tell you that this video is very interesting and I have learned for example that it´s really enough to work with 2 indicators. In the past I tried to find a system with CCI, Momentum, DMI, MACD and many more - but there is not 1 solution not even with 10 indicators.

Moreover I want to inform you that your website is very well and I like your trading-rooms.

Best regards
Anton

Got this link from a trading thread I read on a regular basis. Always wondered how Tick charts worked. Even I got most of it on the first pass and will look forward to dry running the method. Thanks for a great video.

I enjoyed you ebooks, and the videos very much. You explained very very well and it is very conservative to trade. I have been trading for one year, and I am even with my account. I am very frustrated. The reason because of bad habits. I was a buy and hold investor, and never have any exit strategies. I lost money for the last as long as I invest for about 10 years. I took some day trading class, but still keep bad habit of not placing stop loss. How do I overcome this?

Thanks for your great works helping us traders.

what will you recommend for tick trades for QQQQ. Thanks.

Hi Markus,

It is certainly very easy to follow and step by step system, I'll back test it with my demo account. I use BB myself, but instead of macd, I'm using a stochastic for confirmation.

I know that you said in this video, this system will work in any market, but I'd be happy if you could do examples from forex market which I've been concentrating for the last 6 months. Is it possible to put this video for download? It's just a thought, so I can play it over and over again without having to connect to net. In my country, good internet connection doesn't come cheap.

Oh, yea, I almost forgot, the histogram on macd, any special use for it? Because it seems to me that you rely only on moving average and signal line

Again, thanks for sharing your system with us!!

Regards,

Yohanes

Hi Markus,

Really appreciate everything you are sharing. The e-book was excellent as were the videos you have been sharing with me.

I would like to know how do I know if I am over optimising my system. I would really appreciate any help you can provide on this for me

Thanks

James

Hi Markus

Your e-book is very helpful and this video was excellent. Thanks for sharing your knowledge. I already implement few of the advices from your e-book in my demo trading, and I will also back test & try this strategy on Forex, on daily chart.

It is nice to be able to watch over the shoulder of real trader, and I hope that you will post more videos like this one soon.

Once again, thanks for sharing your knowledge.

Hello Markus,

Although I don't day trade, (it doesn't fit my personality) I do try to learn as much as I can when I find a good source of information, of which you are one.
I was wondering if you've posted a "recommended reading" list yet? If not, I'm sure all of us here would appreciate it if you did.
Thanks again for being so generous with your knowledge and honesty in sharing your personal experiences with us.

Wishing you continued success,
Ray

I do not trade futures yet, but the strategy simplifies the entry and exit process of the trade, removing emotions from it and leaving it on autopilot

Thank you for helping us become better trades

JCV

How do you in the heat of battle figure out the ART, and the Stop and tartget placement? It seems to me that the stop and targets should be known be for you enter the trade.

Thank You,
Dwayne

Hi Markus,

I thought this was a very informative video and I'd like to copy it to my hard disk so that I could look at it from time to time as a refresher while I'm studying your e-book. Is there any way that I can do that?

Cheers,
Mike.

Thanks again for the video. I'll try the strategy this week on my FX practice account.

F. Gant

Dear Markus,

I really enjoyed the book and more than that your astute in explaining the trading in very lucid manner, I am confused regarding setting of Bollinger Band and MACD for 1 Minute chart or 5 or 10 or 15 as I am comfortable with 1 or 3 minute chart more than 15 (As in India we have very choppy market now a days, I trade in stocks) so can you assist me in finding right chart setting as well as for BB , MACD.

Thanks in advance

Hi, Markus !
Thanks a lot for sharing ebook and strategy, really enjoyed your
explanations. I have a question regarding risk / reward aspect in day trading.
I was using before some strategy with pretty high winning percentage(70% -80%),but average profit was smaller than average loss (approx. 1 / 0,7 risk / reward ratio) and had mixed results with it.
During the months when winning percentage was stable, it was ok and strategy was profitable at the end of the month. But during the months when there were some extra couple losing days, and therefore winning percentage decreased slightly
(to 60% - 65%), the strategy lost money.
In general, is it possible to achieve consistent edge with such type of strategies ? In the book your refer to profit factor of 1.3,1.5 / 1 or better per trade, is it absolute “ must have “ in day trading strategy, no matter what the winning percentage is ?

Best regards,
jt.

Hi, I read your book and enjoyed it~
yet I do not have a strategy when I first stepped into the stock market..I was simply gambling my way through....
this proves to be a good starting point! Thanks so much!!

Hi Markus

Thank you very much for your ebook which i enjoyed very much.
I also enjoyed the trading strategy video.Please can you tell
me what charting package you were using in the video.

kind regards
george

A V Good demo.

Hi everyone,

I am very tired in loosing money into the market (forex), i allways followed the indicators but i can see all the indicators come late with information.

thanks for the informative video Bill

Hello Marcus,

I have been back testing the strategy with currency pairs EUR:USD, GBP:USD, USD:JPY and USD:CHF with very reliable results. The tick values I have found to be the 'best' are in the range of 1500 to 2000 ticks, I prefer the 1500 value for the smoothest trend. I have been converted from time bars to tick bars. Now the back testing has been done, which buy its nature is retrospective, lets see how the future performs, with unknown future white space emerging from the right hand side of my charting software.

The video was absolutely packed with value, thank you.

Kindest regards,

Royston Simmons

your ebook and this video is excellent and i wish i had
discovered you much earlier before wasting thousands on scam courses!!

i would have prefered a non trending strategy though as i find the
markets not trending very often - am trying to trade bund but do not
know what tick chart to use for this?

also do you do one to ones - rather than needing to purchase yr whole crse

many thanks
ann

Great instructional. Would love to continue to receive videos like this.

Ben

Outstanding video. Thanks for doing it.

One question? If, for example, we have a sell set up, i.e. MACD below both the signal line and zero, plus prices hitting against downtrending lower Bollinger Band, but price low is already below the lower Bollinger Band, what do we do?
Enter at market? Enter a sell limit at the lower Bollinger Band?

D.Rush

Hi Markus,
Many thanks for the video and your answers.

Could you please explain more how to calculate tick size: you said previously you look on tick size of 15 min bar and then divide by 2, does that mean only to count how many ticks (trades) occurred during average 15 minutes of session and then divide by 2 ?
Also, what is your criteria for changes in market volatility in order to re-calculate tick
values (for example, if volatility/ADR of particular market increases/decreases for certain amount of points, than it needs to re-calculate tick size for this market) ?

Thanks in advance and
all the best

Thanks for the demo and the way you have done it with the MACD was quite understood.

hi
i would like to ask what charts you use and what broker do you use as there is a big difference between these.

i have day traded and this is a difference when your in a trade.

d neal.

Thank you for this free video. It's great and very kind of you to teach this for free.

Hi,
I would like to thankyou for the video you have sent me.Well what can i say the video, is well made and you explained it very well.I learned a lot from your video and would like to say a big thankyou, and a great job you are doing for all of us.Thanx
Regards.
Vinay.

hi friends!!really very good guide for the day trading.Its concepts are very easy to learn and understand for the professionals.I also know a website which provide very important concepts about the day trading. If you want to more details about the day trading please visit the link.. www.daytradingexplained.com.au

Video was very informative. Thanks alot!!!!!!!!!!!

Great stuff. Well done presentation. Thank You.

Your teaching style is easy to follow.
Thanks for the learning experience.

What a wonderful way to spend a Saturday Night, a home cooked curry (mine) and some real education. Can't wait till the markets open on Monday to give it a go, "paper-trading' of course, to learn for me, and then to put it into hard cash .

The quality of your videos is terrific, clear, concise, and easy to understand. I look forward to viewing more of the same.

I shall be reading the book over the weekend, which I am also looking forward to.

I feel that this will take my trading to a new level.

Many Thanks, Andy

I really appreciate that you go bar-by-bar while explaining the rationale of the trade. Too many other trading educators show you a great chart taken at the end of the trade - but we need to make decisions bar-by-bar, as you show. Keep up the good work.

Just wanted to say a big thanks to you - I've been looking in to trading off an on for about 12 months so consider myself a novice, but I'm hoping to become a self sufficent day trader vs reliant on any of the numerous trading letters out there - you know the type ' just send us xxx and we'll send you an automated system that makes you all the money you could ever need in your sleep'

I'm reading through your book, and for the first time in one place all the various trading terms are clearly explained with what they are and how they might be used.

I am currently of the opinion that, like my current industry of IT, there is an awful lot of jargon used in trading that just confuses rather than clarifies, so any attempt to cut through this is greatfully received. The videos show the theory being used in real life examples, so a great learning tool

so thanks again -

David

Wow You got to be a very brave or confident man.You are entering trades in the distribution phase of the market,may be I don't understand bollinger bands,what is the use of the center band or macd crossover and the histogram cross the center line?After the market make a run up like that I cannot enter the market,the latest is crossing the BB.center band with macd crossover.Trend following method is great but entries must be after the accumillation phase.Your basic concept is good but your entries are too late.OK your commentery are great.
Thank you. Ron.

i am happy with the contents 0f your book this video is very informative,i am very thankful to you for that, basically i am into forex market,if you can prepare some video on forex that will be a grate help to all like me.i do not get the opportunity to trade on tick charts since my mt4 platform does not support tick charts,can you suggest some solution for this.i am eagerly awaiting your reply.

Markus, thanks for the video.

What do you do as far as issuing orders if the stop order is not filled on the next bar? Do you continue to issue the stop order each bar at the same original stop price? If so, for how many bars is the order issued?

Or, do you update the Stop price each bar to the new Bollinger Band value? If this is the case, again, for how many bars do you issue the order?

Or, do you only issue the order for 1 bar and if not filled, it is not issued again (i.e., the order must be filled on the first bar following the color change of the bars?

Thanks,
Chris

Excellent and Great
thank u.
I am living in India. I will try this strategy in my market and feedback the same to You
bye
krichenaraj

It is very good strategy...We have been using both Bollinger band as well as mACD..But this was amazing to use the combination of Bolligner band and MACD to get stupendous profit...
thanks
Dilip New Zealand

Markus

Once more you've done it, I just love your videos.....you make learning your strateges so easy even for a 70s old man, I look forward to each new one thanks for the time you take to make these videos.

Can this last strategy be used on "End of Day" trading? what size tick chart would you suggest for EUR/USD, USD/JPY, GPP/USD, EUR/CAD.

Thanks for your efforts THANK YOU THANK YOU for everything......

Clive

The entry point in your video assumes that the Bollinger Band is above the price bar. Where do you place an entry order if the price bar has closed above (below) the Bollinger Band? I've noticed that this happens fairly often. Thanks.

Markus -

Thanks for the trading idea. I am enjoying your book and all your videos. Looking forward to joining your chat room as the 2 hrs a day approach is the perfect thing for a beginner like me who also has a day job.

For those who use thinkorswim, I think the "Average Daily Range" used to set the stops and profit targets is the same as the "Average True Range" study used in TOS charts. I went to 5/18/09 for the /NQ set the study for 7 period ATR and it read 35 also. I have no idea how to get TOS charts to automatically calculate & display the 10% stop and 15% target but some quick math before the trade comes should do the trick.

Cheers.

-tom

Thank you - will read the book this week end

Be careful with this!

The strategy explained is for a volatile market and worked very well 6 month ago but not in the last few months and probably why it is so quiet in the blog.

The stop loss technique and the rules makes it difficult for the average investor to back test.

/A.N

/AN

Hi Marcus, Wow - this was so informative and all incompassing.

I shall have to play this video over and over to grasp completely everthing you show. At my novice level I feel that I have been eavesdropping in on what the seniors are doing and I feel so priveleged and motivated to reach this level as soon as I can.

Truly my friend you impart a breadth of trading knowlegde for free - that many would not even give one even when paying in some expensive trading courses.
Thank you so much Marcus - you a gem n th web.
Regards
Les Egling

ps. I am practice trading the Impulse Corrective Wave Retracement Strategy (ICWR) on forex 5min. and 4HR. charts currently. What do you think of it?

This is with regard to your lesson on 'Head and Shoulders Pattern'.

Please refer to the S&PCNXNIFTY, one of the index on Indian stock market trade. This index had Head and Shoulder pattern starting mid of May' 09 spanning to first week of July'09. As per pattern there should be reversal but market again went up touching low of approx.3900. Need to understand

Thank you, Markus!

My experience has been that a ratio of 4 between the first two figures in the MACD yields a more responsive MACD. Have you looked at a MACD of, say, 6, 24,9?

Dave

would this work on the similar etf's

Markus -

Again thanks for the interesting trading strategy. I am forward testing it starting this week but I am also trying to forward test your whole book by setting trading limits, logging results, saying the "I am" affirmations.

It's Tuesday and I have met my financial goal for the week so I am stopping trading this system for the week even though this is only paper money.

I think I'll take the rest of the week to reread the book and maybe test some other systems that I am working on and retool them in light of your teachings.

Thanks so much ... all this ... and I haven't given you a cent!

-Coolio

it is nice. i learned a lot .it is useful.

this is great information, how is the average daily range figured, do you do the research and math yourself or does the charting software do it? that is the only number i couldnt how to get it from your video. also would it not be a good idea to use a trailing stop on the profit to protect ourself but take full advantage of the trend?

Markus:

Thank you very much for your informative video regarding the Bollinger/MACD trading strategy. I have been trading a version of this on the ES for about three months, with fairly consistent results. I usually wait for the highest probability trading opportunities, so while I am watching the market every day, I do not always trade every day. My trades can also vary from a simple scalp, as is shown in the video, to a swing trade. The strategy works both ways, although many people do not like to hold CME contracts overnight.

I appreciate the time and effort you have put into this video. My question concerns the effect of volume. The Bollinger Band measures the effect of price movements away from a simple moving average (standard deviation), and thus is a measure of volatility. The location of price to the band is also a measure of overbought/oversold conditions. The MACD is also a moving average, except it is exponential, meaning that more recent prices have greater weight than older prices. Hence, your strategy uses more recent price to confirm past price, and is a measure of bullish/bearish conditions. In short, you are using a moving average to confirm a moving average. Isn't that kind of redundant, or unnecessary?

Wouldn't a volume indicator be a better confirmation? In other words, if you add a volume indicator or set up your chart as a volume based chart, wouldn't price movement based on volume be more reliable than price movement based on trade numbers (tick)? The reason why I bring this up is because I am sure you have noticed the drop off of volume going into the mid-day and the increase of volume going into the close (even tho futures trade AH), as well as the effect of that changing volume on price. As I see it, volume always confirms, one way or the other. If you do use volume, what indicator do you use?

Thanks for your reply.

Juan

Just viewed your "Trading Strategy". I believe that the "devil is in the details". Thanks for providing these details in sufficient fashion that it can be backtested. I trade the Mini-Russel,--I'll let you know how my backtesting comes out.

In purchasing the program, can it be shipped in DVD format? My laptop has a small viewing screen, and I am experiencing extremely slow buffer loading, lock-ups, and frequent system crashes. My laptop is a HP Windows Vista Ultimate x64 bit operating system, and no one in the computer shops cannot identify the problem. The only suggestions that I have received are replace the motherboard or purchase a new (new) laptop.

I am highly interested in purchasing the Trading Course; moreover, I cannot see myself enjoying the learning process with slow buffer downloading, system lock-ups, and system crashes.

Thank you for understanding.

I'm just a beginner but found the explanation very easy to follow, logical and understandable. I'd wish to be able to listen to more lessons such this one.
On the other hand, what I did not quite understand was the statement regarding the overtrading, i. e. to leave the trade reaching the profit limit even though the trend is still going well for me. Why not to await more profit?
I guess, the answer is given in your book I didn't read yet?

Very nice presentation and is always welcome, trading the markets is like the fire pit the flames are always different and so your chart indicators constantly have to be adjusted to compensate, so sharing ones strategies helps others improve. thanks

Wow Markus! Thank you for taking the time to explain a good strategy and answer questions.

If I reach my profit target, is it okay to enter again on the very next tick bar if it meets all the criteria?

I was able to get very good back-tested results using 100% of the ADR for both target and stop.(fixed target, trailing stop) My software takes the worst case scenario of the stop always executing before the target on the same bar; so 10% of ADR almost always got hit. I don't know why the scalping doesn't test well, but the basic strategy is sound.

This is the best trading video I've ever seen. I'm a beginner & I could even understand what you were doing & why. It is very straightforward & very easy to understand. Thank you so much for this information. Does it also work on trading stocks?

I traded futures for a while but switched to Forex. The MetaTrader platform does not offer ticks, only minutes and hours, etc. How would this best be applied to that scenario? And would you still base the system on the "open" of individual Forex sessions? I do use Genesis too but found the tick data to vary too much from my actual trading brokers, since of course, the Forex is not centralized. Also, not sure if I can day trade very well while I still have a day job.

thanks.

Hi Mark, congratulations on this video, it is very clear and simple to understand.
I wanted to ask if you have tested the fact to enter when the histogram changes direction or when the fast crosses the slow lines, instead of waiting until the line is above the 0 line.

Thanks for your response in advance.

Regards
Fernando Cesar
San Antonio TX

Thanks for such a detailed explanation of the trading system. I created a TradeStation (EasyLanguage) strategy based on the information you provided and backed tested it on ES and YM for the current year (2009). Unfortunately the results were not so good. I detailed my findings on my blog. I would love to hear your feedback Markus and/or anyone else. Maybe I'm missing something?

http://swantrading.wordpress.com/2009/08/04/rockwell-strategy-backtesting/

Thanks for your help.

Jeff

Hi Markus,

I live in SA so I get the time to trade the EC during London time zone, I used your method this AM as described on a short from 1.4129. I made a ton of pips off the trade. Thanks for your time and for helping so many achieve their objectives.

Regards
Dean

Now someone has explained a trading system that just might work. Easily understood for a beginner. My compliments.

Hi Marcus! Many thanks for bringing even us "experienced" (good and bad) traders back to the basics. Your explanation of this trading methodology is very nicely presented. Good work! And I must say that it's refreshing to see a professional trader such as yourself actually provide something of value to the masses. I appreciate your willingness to share useful information, and not just self-promoting sound bites or proprietary products as most other "providers" do! The difference between being an "educator" vs "salesman". I hope you profit greatly from this honest approach! Thank you!

Hi Markus,
Thanks for the great video and the fantastic ebook. Enjoyed both and learnt a lot in such a short time.
However a have 2 quick questions. When entering a trade after the crossover of the MACD, AND waiting for MACD to move above (or below) the zero line results in one missing much of the move and hence the profit. Is this to ensure we dont enter on a false signal? Secondly, if the move up (or down) is well on the way before you pick up the trend would you still look to enter if the MACD and the band are all rightly placed and pointing in the right direction?

regards
pravin

And the results weren't pretty.

All Trades Long Trades Short Trades

Total Net Profit ($1,987.50) ($712.50) ($1,275.00)
Gross Profit $7,037.50 $5,087.50 $1,950.00
Gross Loss ($9,025.00) ($5,800.00) ($3,225.00)
Profit Factor 0.78 0.88 0.60

Equity curve is like a big U. From 6/17 to present it's positive so if anyone tests the last 20 trades as suggested they would be very impressed. But it's not likely to continue performing as well.

I don't see how a human could improve results dramatically just be not trading at certain points. I can see a human improving results a bit but not from a profit factor of 0.78 to 2.0.

I'd love to see this traded profitably in the trading room. If this is traded successfully then I suspect the trader is adding some more criteria or something.

Clear, concise explanation, well notated on the chart. Very interesting and worth trying.
Thank you !
Albie

Thank you Markus,

As you said,this is a very good strategy ,which one can apply on every market.

The Ping Pong strategy I thought was valid for side ways markets only yet the examples in the the latest video shows entries being made on red bars, meaning a downward trending session.  Please clarify?

pl 

Thanks for the trading strategy! You mentioned this is applicable to most futures markets. Can this also be applied to individual securities? Thanks!

Hello,

Thank you for this video, it's full on interesting information !
I'm reading your e-book right now, so I will be back !

Thanks

Marc
Montreal, Canada

Well done video and I am also going to back test the strategy as well. I am starting to believe your second to none and may just have to join your service!

Aha, the missing link! Excellent, and thank you very much, Marcus. I am familiar with the MACD and Bollinger bands, but this video filled in a lot of gaps for in terms of how one can use these toole in a trading strategy, set stops, etc.

One question - I thought your entry point on the trade was quite late. The MACD had already crossed the zero line, the central and lower Bollinger lines had turned, and it looked to me that an earlier entry, just after the MACD crossover would have been quite safe. What am I missing?

very well presented - clear and complete
you should do more of this

thank you

Nice Video, complements your e-book. Which is well done!

Thank You!

Markus..enjoyed the video. How does this setup work with shorter tick timeframes, such as the 50 and 89 tick for entry purposes for intra-day trades??

Thanks...

Hi markus ,
i have question on the Entry
Let's talk on Up trend scenario:
Do you wait for the first green bar to close before you enter your
"buy stop" order ? correct

if the first Green bar not finnished yes but it's touching the Upper BB then you still wait for the close of the bar to place your order correct ?

if the First Green bar closed above the BB then you might enter with market order to enter this up move ? correct

thanks

Ron

Thanks for making this seem so simple and straight forward to a beginner, obviously your familiarity with the software helped. I look forward to being as competent, and again great video. Thanks - Mark

Hello Markus,

Appreciate your effort and very helpful. I was wondering what tick size to use for FDAX, FTSE and CAC40 ?

Any pointer will help.

Thanks
Deepak

Markus

Just wanted to say thank you for an excellent presentation. It augments the book beautifully.

Thanks again.

Hi markus,

The strategy looks very robust and easy to understand. As soon i had a look at price i could see ( at the left side  of the chart ) that, price was making two equal highs .

MACD however made at the second high ( of the price ) a lower high. As a result of this price HAD TO GO DOWN or in another term, there was a divergence between price and MACD.

That was a very nice ride down.

Further i would like to send you my compliments on tyour system.

I guess everybody has to look for the best settings ( in tics) what best is for he or she to use and what's feeling best to trade 

Looking foreward to be in your trading room to see you as expert in work

Best greetings,

Wouter

what number of tick chart would you use for the e- mini-russell 2000 ?

thank you..............

From your own site:

http://www.rockwelltrading.com/free-ebook-strategy#comment-2834

From

http://www.rockwelltrading.com/trading-secret

I read about the majority of traders failing.

So, without further ado: hi, I am one of the 95% of traders who fail and one of the 5% who admits it.

As you said, I lost confidence. I lost confidence because:

Despite I did not fall for robot trading, did not fall for the many "easy path to richness" useless books and videos repeating what I know already. Despite I fix stop loss using 10% ADR and so on.

Despite trying for months. Despite learning from patterns to candles, from pivots to Ergodic indicators... It's all been futile.

I follow the strategies including yours (but Metatrade only got fixed period bars - I can't believe that's all to make your strategy fail though) till the stop loss. I even manage not to move it, not to get desperate. To go to the end of it.

But, I DO ALWAYS end in the stop loss. So while I feel cool for being so gutsy, I only lose money doing so.

Now, I can't believe it's impossible to earn money with trading but I have been thorougly beaten down to the bones and for a long time. I just refuse to give up but I think I am a clinical case of fail, bad luck and ignorance.

So, I see you look so dedicated and even sincere but I am beyond the days of believing. As proud member of 95% I need to "to experience running on the coals by myself and get more confidence".
But as a member of 95% I just cannot be bothered with just another video course. Just another voice claiming it can be done.

I *want* to see the tangible proof, you running on the coals *with* me.

As such I make you an offer, take it as also an interesting challenge like what Richard Dennis has done:

- You somehow (ie thru TeamSpeak or whatever) setup and make me able to trade in true mode, with true money.

- In exchange - and I am ready to sign up a binding contract or whatever is needed - I will share 20% of my gains but also 20% of my losses with you. This until you get 10,000 dollars out of that 20% shared income. The offers is valid from the first trade to 3 years past it, trading every day for 2 hours when my job allows for it (6pm CET onwards).

Do you accept this test? I prefer to pay you 10,000 dollars with hard results potently slamming in my face than paying you much less for a video.

Best regards,
One of the 95% who just refuses to stay in the club.

Very nice and easy to listen to. You did a great job. Nice to find someone who will give out info... I work seven on and seven off, so I will have some time to try day trading. I am on page 134 on your e-book and love it so far. Can you comment on day trading verses regular trading ,ie going long or short one to x number of days. Thanks Greg in Louisiana

Hi Markus,

Many thanks... great and easy to understand your clear and concise talking style.

Just one question... what charting software are you using here?..

Cheers
Phil

I've finally read the whole book and I found it fantastically clear and interesting. Concerning the video, I appreciated it very much. The only doubt is the assumed percentage of the ATR for the stop loss.Isn't it too small?
Regards
Luigi

I really loved it, thank you that someone like markus is willing to share knoledge
to us people still learning to trade, when we make it, may all of us , still remember that we too, started learning from someone who took the time to show us the right way. Thanks again!!!

Excellent Markus. I'm not a day-trader...yet. But your instruction adds backbone to the tepid.

Hi,

Needless to say this is a great video. Very much impressed with the simplicity and clarity.
I want to try this method for trading S&P CNX Nifty index future in our market NSE, India.

Could you please tell me the "tick setting" ? 1200, 1800 or 4500?

Thank you in advance and eagerly awaiting your reply.

Jayakrishnan.

Hi Markus,

You have been tutored by Joe Ross you said in your autobiography. After learning from him how to trade his way (= charting), you have experienced that his approach is successful. When I look at Joe’s site he hasn’t much with indicators, moving averages nor oscillators. So his way of trading is not based on this so called quantitative technical analysis. Instead of that he relies on charting. My question is therefore why do you teach your students here in this clip as well in your book “The-Complete-Guide-To-Day-Trading” the quantitative approach with indicators like Bollinger bands, MA and MACD ? I hope you get my point you have been tutored with charting while you teach your students the quantitative approach, why ???
I hope you’re willing to answer this question.
Thanks in advance,

Bert from The Netherlands

Good stategy, simple but effective.

Hi Markus,

I have read your eBook and found it very informative. I also found it reassuring that trading doesn't have to be overly complicated if a few basic rules re combined with discipline.

After watching the video and reading the comments of this thread I want to open a paper account and try this strategy for myself.

Is it possible to use Trade Naviagtor to "back test" strategies? If so great, if not what software (preferably free) is available for back testing.

Also, is it possible to fully automate the entry, stop and limit orders or do these have to be performed manually?

I have previously tried a demo account day trading FOREX and found it easy enough to "pull the trigger" but then felt a little panicky when trying to place stop losses and limits.

I would feel a lot more confident knowing that when I place an entry order, providng this order was met a corresponding stop was placed at 10% of the ADR and a limit placed at 15% of the ADR.

Any advice greatly received.

Sam

Hello Markus,

As usual you never disappoint me, everytime I get something out of these presentation.

Thanks very much.

Kind Regards
Vignesh

Very Good, I have dabled in the past and lost, after downloading your book and watching the videos I feel as though I have a chance. Thanks

Hi Markus, thanks so much for this video. I have been trying to input this strategy into genesis but i can not seem to create a rule for the bolliger bands any help in this area would be appreciated, again thanks.

Thank you. My problem is I understand the concepts and the math (I think). But I don't know where to get the nuts and bolts; to practice. I also need to read your book more than once.

Very interesting. I would prefer to see more succesful/tested strategies gathered in a book.

Excellent trading strategy. I wonder how do I set up for Metastock. I would like to use this for the Indian NSE "Nifty"

this strategy is good. But it looks like if one is going to make noticeable gains due to the risk reward ratio, one would use this strategy many times in a day as it's not very profitable, but it is one of the least risky strategies i've seen so far. But of course one can still use it to buy huge lots, if it's under your budget.

Sir,

Firstly many thanks for the powerful strategy. Indeed you have presented it in a very simple & lucid fashion.

Some clarifications I require are >

1) MACD- Simple OR Exponential
2) Chart - 5 min /10 min/15 min ? what's the time per tick?
3) I don't have option to insert 1200 trades option. Can I still use this strategy effectively.
4) The crossover of zero line in MACD is best confirmed for intraday in which time chart? 5/15/15 ?

Sir, will appreciate your positive response on the above.

Thanks & Cheers,
PREMAL
INDIA.

Markus,

Thank you for your strategy -your advice very much appreciated.

Do you have a success percentage for this strategy in the e minis and particularly the forex markets? (Forex can be very volatile at times and I am not sure you can get reliable trade number tick charts! )

Many thanks again,

Paddy

Thank you, that was very informative. Does it work for short term front month options? I am Looking forward to incorporating this technique. thanks for sharing you knowledge with the world.

I appreciate your comprehensive webinar and your instructive video illustrating your webinar again.

Thank you.

Hi Mark, thank you for the free ebook and the videos. I hope to listen and read the book until I understand the concept. I trade currency and have not really be successful. I believe your concept will help me.
my question is what should I do when the price is above the upper bollinger band?

Constance

I'm wondering if there is a way to use MACD histogram(ie. the distance between the signal and the MACD) could the histogram be read as a trend indicator? Or perhaps as a trend increase indicator? I've been looking around and it looks like some people read the histogram as a buy/sell indicator, does this make sense?

Btw. I love your videos, nice to find a site that does not look like a scam :-)

Regards,
Martin

THANK YOU, I HAVE VIEWED THIS VIDEO A COUPLE OF TIMES AND DID VERY MUCH ENJOY IT. IT WAS EASY, CONCISE AND
STRAIGHT FORWARD. THANKS AGAIN

video is very informative. quite a good strategy.

Hello Robert,I some of your chapters and I saw your video on trading strategy and it was a great help. I am new to trading and currently I am trading FOREX with a mini account. Your info and knowledge is a great help.

Thanx

Hello Marcus,

Your info and strategy is a great help. I am new to trading and I am trading in FOREX with mini account. Thanx for your help and knowledge.

Thanx

P.S. Sorry for the error in my earlier email. lol

Quite an interesting strategy. My question realtes to the setting of the bar. I am trading the Forex using the Trade Station platform. They offer a choice of Tick chart and "X" number Share bar . I assume that the later is the same as the Number of Trades per bar that you mentioned in the video. Is my assumption correct?

Hai Markus,

Thank you very much for the great Trading Strategy Video for free which could have been sold hundreds of dollars by others. I have been testing various combination of technical indicators, but your simple combination of Bollinger Bands (12,2) and MACD (12,26,9) seems robust and reliable.

So far, I have been applying 8,18,9 instead of 12,26,9 for MACD parameters and Exponential MA instead of Simple MA for Bollinger Bands in Day-Trading the Hang-Seng and NIKKEI Index Futures using WINQUOTE charting software. I would appreciate it very much if you could give your comment about these parameters Markus.

Thank you once again and Happy New Year.

Gerry Donald, Manado - Indonesia

Hi Markus,where can I see the video that you mentioned before this great video?

Eli

Excellent presentation especially the explanation of how to set up stop loss and profit target based on ADR.
Thanks a lot.
tom

Can we use this strategy with stocks?
Thanks

Thanks Marcus for this fantastic explanation.I can see that the tick combination reflecting volatility, is vital to momentum moves. I have been using a protractor to measure MA lines reflecting same, however chart size & number of candles can distort this. FXCM TradeStation can give me ticks but not so sure about a number of ticks/trades. Many Thanks again.

Hi,

I really enjoyed your book and it is setting the scene for continuing study. Regarding this video, what is your comment about using for stocks as well?

/C

Thanks for the strategy; Can you use also a Volume chart ? Instead of the
Bollinger Band can you use the STARC ?

hi
just watched you video and found it very enlightening and helpful.
wanted to ask a question.
im in uk and normally like to trade in mornings uk time when obviously US markets are closed.
can i use this stratergy at this time of day maybe by changing some settings or would it not work as markets are very slow at this time.

kind regards

jon dodd

Thanks for making the presentation something that is understandable to those of us who do not know all of the lingo. You did a nice job of explaining the small items such as how much a tic is worth as well as larger items of interest like the tic chart. How would I back test this method?

It looks interesting. What is it's win percentage over various markets over a two or three year time frame?

What happens if a lot of us start using the strategy? Appreciate any thouhgts to these questions. David

Thank you for the strategy I intend to use it in the S&P emini market

Thank you for the update on the trading strategy. I found it quite useful and will practice the trade for a while before putting on a real trade. Just want to get the timing down. Will follow your advice on the frequency of trading just to build confidence. Very clear once again on the use of the indicators and find the technique quite simple and applicable.

To Markus and the team, thank you for you valuable time!

Student! :)

Hi Marcus and Thank You for the video.
Would you consider trading the EUR/USD mini and micro futures contacts given the very small volume of trades? If so, which contacts do you prefer?
Thank You.
Sal

Thanks for the great video! Very simple to understand and apply.

Hi Markus. Thanks so much for so much valuable information. I am learning more from you than what I have reading numerous books. Wil the boll. and MACD strategy work on SA stocks. Thanks again.

I love the discipline and tightness of the strategy. When do you know that the market is going from a trending market to a sideways market?

Hi Markus,

I have been trading now (on and off) for the past 5 years.  During that time I have read a mountain of books and searched for the holy grail of trading.  I have been lucky on occassion to pick up some good profits however no matter how much you read and tell yourself that won't happen to me, it does.  I have been guilty of all 6 reasons why traders lose money.  Well I have picked myself up, dusted off my cloths and am now ready to do it right.  I downloaded your e-book and loved it.  So much so I also paid for the course that was on offer with it.  I am now currenty going through your HSC and have realised how little I new about trading.  This video and every other that I have watched from you and your team is outstanding.

Thank you so much for being available and offering such high quality education.

Murray Biddle

Most enlightening, even though some of us supposedly don't have your software.

Hi Markus,
Thanks for a most informative video -
I am a newbie and it makes so much sense to have a look and see how to think and react to a trade
Rgds,
Deon

Thanks for that video and I just need you to clarify how you would calculate your slippage and commission and the spread for currency within the ADR.

Be also grateful if you could elaborate on a simple example of how you came to the figure of $ 70 for risk and $ 110 for reward.
You go no to say even if you were to lose the trade your loss would be less.

Would appreciate your enlightenment on the above, especially the whole ADR bit.

Thanks so much for your generous time.

Kev.
Sydney Down_Under.

Nice and simple strategy !!!

Markus,
Thank you so much for this information. I have been learning how to trade the E-mini S&P for well over a year now. Before that FX. Still not live....I love this trading strategy it appears so clear to me. I am just wondering about the 1200 bar chart, how do you have the time to figure out all your averages, stops, and limits? I have downloaded the book and am now going thru it. But I love the visuals....(videos). I cannot tell you how much I have spent on my trading education and still have not had a complete and comprehensive program thatgives me the confidence to go live and actually works in this market. I noticed you are encouraging us to only trade the first 2 hours.....do you still hold to that idea since the market has been moving at such unusual times here of late? Sorry to ramble on so much....And thank you again.

Excellent presentation. You are very clear and the rate of your speech as well as your tone enhance what you are explaining. I also like that you not skipping any steps or making assumptions as to our background or trading skill. When I have listened to others they speak way to fast and assume way too much. Thank you for your generosity and giving spirit.

I'm curious to see if this dormant blog has any viewers, participating members.

Although I avoid automated trading, I build personal automated trade strategy testing spreadsheets. This strategy is describe with enough specificity that I can set up an analysis using historic market data. I've always been intrigued by Bollinger's approach and I like the "Tick" data bars which is new to me. I like the way it demonstrates realtime volatility.

Two questions come to mind:
I'm guessing you would set up your trading window and market open to the specific market. Example FOREX has several openings throughout the global day.

Also, tick data in Forex is broker specific and would be less reliable than SP, NAS, etc. which maintain central market operations.

Marcus, thank you for your incredibly clear explanation of the stategy. I have not yet back-tested it (I use NinjaTrader) but I will, probably starting tonight.
My question: for the ADR, you show the 35-point range of the previous day, which I understand, but you mentioned the 7-day ADR. I'm confused. Are we to look at the previous days's range, or does teh previous 7 days figure in there somehow?
Again, thanks for your kind sharing of the knowledge, and I look forward to hopefully learning more about you, Rockwell, and how I may be able to enhance my education through the relationship.

Well presented. easy to follow. Thanks Chris.

Thank you Markus
A very informative lesson.
Greetings from Carl

This is a good strategy and i am going to use it for my trades.Many Thanks for sharing it with us.

Well done your strategy is brilliant - thanks for sharing it !

Best wishes,

John

I would like to use the momentum trade on US & European indices where can I get on the daily averages for each and the other data you list for making this trade?

hi markus,

i just could not believe that these common indicators are very powerful, or let me say that the way, you make representation is very popwerful. i really appreciate you for such a wonderful presentation.

can we use this strategy on forex market to get the same results.