Hi Zeff, just a beginner trader for 1 year and 1 month. Seeing your ATR strategy is very effective and I want to thank you for sharing your experienced. I dont know how to thank you because its a game changer in my side. and looking forward for the best.
Hi Zeff, I tried this trategy in ES with 16 range bars, work very well, making 10+ points everyday !, thanks for your indicator, this works in trending market.
love this strategy, ive been coding an indicator that filters out some of the bad signals - too wicky, trading sideways, etc. Helpful for me to not even have the indicator show ones that I shouldn't be taking haha
When manually back-testing, I found that the winners were roughly half the size of the losers. (I was trading just one contract, so no trailing stop was involved). Your Tested Strategy Results: Wins: 342 Losses: 60 If we divide the Wins number in half, we get 171. Adjusted Test Results: Wins: 171 Losses: 60 This would still be fantastic results. Do you agree with my calculations?
Full performance results. Update: Backtested January and February, excluding holidays. Trade session was made between 0630-0900 PST with a maximum of 2 losses per day. 1 ES contract per trade, set target profit is 2 points and stoploss is 1 tick above/below the signal bar. I didn't factor in the commissions since it varies by broker. The setups were also tweaked a little bit. It's easy to look for the setups in hindsight, therefore take this stats with a grain of salt and results will be different on live sessions. January 3-31 Total trades: 105 Total days: 20 Avg trade per day: 5.25 Profit factor: 3.41 W/R: 82% Winners: 86 Losers: 19 Avg win: $100 Avg loss: -$132.89 Gross profit: $8600 Gross loss: -$2525 Net Profit: $6075 February 3-25 (somehow my chart doesnt show Feb. 1st and 2nd) Total trades: 96 Total days: 16 Avg trade per day: 6 Profit factor: 6.36 W/R: 88% Winners: 85 Losers: 11 Avg win: $100 Avg loss: -$121.59 Gross profit: $8500 Gross loss: -$1337.5 Net Profit: $7162.5 January & February Total trades: 201 Total days: 36 Avg trade per day: 5.6 Profit factor: 4.43 W/R: 85% Winners: 171 Losers: 30 Avg win: $100 Avg loss: -$128.75 Gross profit: $17100 Gross loss: -$3862.5 Net Profit: $13237.5
I wrote an EA in Mt5, tried optimizing, but this strategy is a longterm loosing strategy. I dont know you you came up with 85% winrate? How many months/years have you backtested?
Great video Zeff. Can you explain 1/2 an ATR. If the ATR is 14, does that mean 1/2 ATR is 7 pts or 7 ticks? Can't quite figure out how to properly read that
Hello Ninja Trader on the properties page there is a setting for "Bar Position Over EMA" That setting is not on the video. Please let me know how you recommend that to be set. Thanks
In my backtesting the averge win is almost half the size of the average loss. Why target only 1/2 ATR? You have to have a huge winning % for this to work
I noticed that some of your trades would stop out if you move your stop loss to each new printed bar (example 4:40)? At 4:40, you would have lost that trade if you moved the bar. Is this something you're regularly doing, or do you like to keep the Stop at the bottom of your signal bar? Or are you only moving it if the bar moves a long ways?
Hi. Im trying to get back into the Discord group and finally take this seriously. I had your video saved at some point. Quick question, please: is your chart on ticks or points set up since you mention SL 1 tick above/ below?
are you closing these trades fully at the half ATR typically, or take profit and set stop to entry? could you explain your take profit strategy with this trade strategy? and is there any indicator for this on trading view?
There's a major flaw in the arrows indicator. In real time it prints dozens of arrows during the day, when the chart is static and refreshed a large amount of arrows disappear. There is no way to correctly back test with this error.
Hi, I tried to download the file from whop, first by mistake I downloaded QTE file, later I downloaded NQ file and I received the same QTE file. How can I get NQ indicator for i min., strategy?
This isn't working for me - seems like since NT already has indicators named 'ATR' and 'EMA' in their indicator catalog, I can't compile the ones you've provided in your .zip.
Hi Zeff, are you still taking the entry if the next candle never comes back within the alerted candle? I mean that would basically reuqire to join the bid/ask or market in which is why i am wondering.
can you or someone explain how you take your profits? i understand the stop loss obviously, but half of the ATR would set a lot of trades at really bad Risk/reward ratio trades. do we not care about risk/reward with this strategy or am i missing something here? really hope for some clarification thanks ^_^
Must import into ninjatrader. From the Control Center window select the menu Tools > Import> NinjaScript... to open the "Import" dialog window. Select the file you want to import. Press the "Import" button.
You would hit your half ATR take profit there, before you get stopped out. Because of the size of the big green bar as well as the long wick on the red candle, you will absolutely hit half ATR TP. Because previous candles give you an idea of how big is the half ATR at that time.
![Proof WILLIAMS % R is Reliable when used like this [mean reversion]](http://i.ytimg.com/vi/GyikfniCLqU/mqdefault.jpg)
Been trading for 35+ years and always like watching great clean content like yours
I appreciate that!
Hi Zeff, just a beginner trader for 1 year and 1 month. Seeing your ATR strategy is very effective and I want to thank you for sharing your experienced. I dont know how to thank you because its a game changer in my side. and looking forward for the best.
Super glad to hear it thanks for the support.
Hi Zeff, I tried this trategy in ES with 16 range bars, work very well, making 10+ points everyday !, thanks for your indicator, this works in trending market.
Nice work! So glad to hear it
thank you very much, too share this
Thanks Bro been trading for 6-7 months now seriously looking to get some direction, struggle from time to time with blow ups thanks for the content.
love this strategy, ive been coding an indicator that filters out some of the bad signals - too wicky, trading sideways, etc. Helpful for me to not even have the indicator show ones that I shouldn't be taking haha
it also plots dashed lines on the chart for entry TP and SL so I can't mess it up! haha
Glad you took initiative. Let me know how it works for you
on youtube NFC there is a discussion about scalping, and indeed the advantages of this trading style are very profitable
When manually back-testing, I found that the winners were roughly half the size of the losers.
(I was trading just one contract, so no trailing stop was involved).
Your Tested Strategy Results:
Wins: 342
Losses: 60
If we divide the Wins number in half, we get 171.
Adjusted Test Results:
Wins: 171
Losses: 60
This would still be fantastic results.
Do you agree with my calculations?
Full performance results.
Update: Backtested January and February, excluding holidays. Trade session was made between 0630-0900 PST with a maximum of 2 losses per day. 1 ES contract per trade, set target profit is 2 points and stoploss is 1 tick above/below the signal bar. I didn't factor in the commissions since it varies by broker. The setups were also tweaked a little bit.
It's easy to look for the setups in hindsight, therefore take this stats with a grain of salt and results will be different on live sessions.
January 3-31
Total trades: 105
Total days: 20
Avg trade per day: 5.25
Profit factor: 3.41
W/R: 82%
Winners: 86
Losers: 19
Avg win: $100
Avg loss: -$132.89
Gross profit: $8600
Gross loss: -$2525
Net Profit: $6075
February 3-25 (somehow my chart doesnt show Feb. 1st and 2nd)
Total trades: 96
Total days: 16
Avg trade per day: 6
Profit factor: 6.36
W/R: 88%
Winners: 85
Losers: 11
Avg win: $100
Avg loss: -$121.59
Gross profit: $8500
Gross loss: -$1337.5
Net Profit: $7162.5
January & February
Total trades: 201
Total days: 36
Avg trade per day: 5.6
Profit factor: 4.43
W/R: 85%
Winners: 171
Losers: 30
Avg win: $100
Avg loss: -$128.75
Gross profit: $17100
Gross loss: -$3862.5
Net Profit: $13237.5
@@ZeffsTradingDo you also have back-testing for NQ ?
@@ZeffsTrading Thanks for posting. Great information. I assume for ES you set your min ATR to 4?
is there an indicator for this strategy in trading view? thank you
Hey man, I've basically discovered the exact same trading concept on NQ but I use a tick chart. Started out following Mack.
Awesome to hear!
Never mind, I got it thanks for your Indicator
Free on my website thank you
@@ZeffsTradingdoes it work in trading view?
Yes good content with good examples.
Glad you like the content thank you
Nice work. some traders like to implement this on the 15 min timeframe. I suppose more profit but you have to wait all day for a trade
Yes trade frequency diminishes on higher time frames. Up to the trader what works for them of course.
I wrote an EA in Mt5, tried optimizing, but this strategy is a longterm loosing strategy. I dont know you you came up with 85% winrate? How many months/years have you backtested?
Great video Zeff. Can you explain 1/2 an ATR. If the ATR is 14, does that mean 1/2 ATR is 7 pts or 7 ticks? Can't quite figure out how to properly read that
7 Points Correct!
Thanks for explaining context, great examples !
Glad it was helpful!
Hello Ninja Trader on the properties page there is a setting for "Bar Position Over EMA" That setting is not on the video. Please let me know how you recommend that to be set. Thanks
In my backtesting the averge win is almost half the size of the average loss. Why target only 1/2 ATR? You have to have a huge winning % for this to work
You trail stop the loss under each new bar that prints in the direction of the trend.
One other thing, is it possible to set up an alert as to when the arrow pops up?
I noticed that some of your trades would stop out if you move your stop loss to each new printed bar (example 4:40)? At 4:40, you would have lost that trade if you moved the bar. Is this something you're regularly doing, or do you like to keep the Stop at the bottom of your signal bar? Or are you only moving it if the bar moves a long ways?
It could be that he's waiting until the high of the candle has moved to break even or lower before trailing it 🤷🏼♂️
is there a tradingview version of this
How many tick points do you get on each entry?
Seeing huge amount of entries on London open but ATR is super low
Hi. Im trying to get back into the Discord group and finally take this seriously. I had your video saved at some point. Quick question, please: is your chart on ticks or points set up since you mention SL 1 tick above/ below?
Based on points. Check my website for discord access. If needing assistance email me.
@@ZeffsTrading Thank you. Have an amazing weekend.
Zeff, do you have this indicator available for Tradingview? Or do you know someone who offers it for Tradingview?
Yes I do
@@ZeffsTradingI can’t find it on Tradingview. Does it go under a different name?
@@ZeffsTrading where can i find your indicator for tradingview please?
@@LstworldBlogspot Email me.
Placing market orders right at the described entry point seems difficult. But, is that what you do?
Yes. Its not difficult in real time.
Based on the custom settings I see when I import this, do you prefer Partial Body, Full Body or Full Bar for the Bar Position Over EMA parameter?
I prefer Full Body
very good video
Thanks
are you closing these trades fully at the half ATR typically, or take profit and set stop to entry? could you explain your take profit strategy with this trade strategy? and is there any indicator for this on trading view?
Awesome video!
Glad you enjoyed it
There's a major flaw in the arrows indicator. In real time it prints dozens of arrows during the day, when the chart is static and refreshed a large amount of arrows disappear. There is no way to correctly back test with this error.
Back test is real time? more accurate too...
Do you have an automated strategy built on this logic? This should be automatable, right?
I dont if you do it let me know thank you
Could you please share your backtesting sheet on this strategy ?
Thanks Zeff great info and thanks for the indicators. Going to have to go back and watch your other videos. Do you have your own discord?
Thanks for the comment. No I don't was thinking of making one
Hi, I tried to download the file from whop, first by mistake I downloaded QTE file, later I downloaded NQ file and I received the same QTE file. How can I get NQ indicator for i min., strategy?
You should be able to just redownload it. Try opening with a new browser if not email me and ill send you the file for free
I'm new to this stuff, what is ATR? Great video
Atr indicator
Nice vid Zeff, did you test this on London's open ?
Have not tested it on london's open but Im sure it works. whop.com/zeffstrading/
Hi Zeff, can you talk about how you exit the trade? Do you have set targets or do you let it run and be stopped out once you trail your stop?
Trail it under each new bar or my set pt of half the atr gets hit either or
Thanks.
This isn't working for me - seems like since NT already has indicators named 'ATR' and 'EMA' in their indicator catalog, I can't compile the ones you've provided in your .zip.
Great video! What is half of an ATR tp? 5 points tp if ATR is 10?
Yes
Hi Zeff, are you still taking the entry if the next candle never comes back within the alerted candle? I mean that would basically reuqire to join the bid/ask or market in which is why i am wondering.
No only use stop order to enter
@@ZeffsTrading ok thanks. So basically need to see that retrace first 👌
hello sir, can you please make a video on how ATR works for begineers like me. thank you!
Sure thing!
Thanks for the video! Any chamce this indicator is available for Tradovate?
no sorry im sure it would be easy to code
Hi, are your indicators good for NT8?
Yes
Can this indicator also be used on ES futures?
Yes
Which platform is this and how to install the indicator?
NT8 On my website
can you or someone explain how you take your profits? i understand the stop loss obviously, but half of the ATR would set a lot of trades at really bad Risk/reward ratio trades. do we not care about risk/reward with this strategy or am i missing something here? really hope for some clarification thanks ^_^
Risk to reward ratio isn't a fixed thing. Common misconnection among the trading community.
@@ZeffsTrading interesting, learning so much here thanks. Forgive my ignorance. Is there an indicator for this pattern for trading view?
Do you have your stop order loaded and ready to go? Some of those entries would come really quick after the signal bar closes.
Yes you can do stop order or a limit order.
I have NT8. How do you set your profit target to half of the ATR and trail the stop?
Check into ATM Nt8 Strategy set up on youtube lot of tutorials.
Thanky ouf for the video and the indicator! I suscribe to follow you in back!
where do you have this percentage of 85%. My result from the strategy are horrible
Sooo...you cannot enter the trade until the first bar after the signal bar?
Could you provide the name of the video for Quant Trade Edge that you reference or provide the link to it?
ruclips.net/video/lhW5czmfc14/видео.htmlsi=osUPRZOAo86z86U5
Out of curiosity what would the settings for the indicator be on one minute chart for Crude and ES? if you don't mind sharing.
Ema period is 9 or 10 ema. Atr period probably needs to be above 2 for ES and 10 or 15 for NQ.
@@ZeffsTrading CL?
is there a tradingview indicator?
Yes there is. www.tradingview.com/script/aIN6CVAS-QTE-Scalper/
Sir, how to trade binary options with this indicator. Any suggestions
Sorry I dont trade options just futures.
I use, 20,50 and 200 EMA as well
Awesome great indicators and tools
Hi Zeff, how can I download your NQ 1 min. Indicator for NT8?
Check my website
Does this still work? Ive noticed you have switched to ES since this video..
Yes. do your own back testing of course
@@ZeffsTrading will do! Thanks man!
I tried to download indicator for NQ 1 min scalp, it does'nt work
Make sure you Ninja trader is up to date
QTE scalper not showing in tradingview 😢
QTE scalper by Josephmartin09. It’s live in TradingView
Hello sir how to apply the arrow indicator in ninja trader? I have downloaded the file
Must import into ninjatrader. From the Control Center window select the menu Tools > Import> NinjaScript... to open the "Import" dialog window.
Select the file you want to import.
Press the "Import" button.
share your chart colors please
Sure Ill do that in my chart review today
Has anyone tried to automate this?
Qte has a video on it and i recommend watching it then check those results in the comments below
What EMA do you use?
21
Thomas Kenneth Thompson Jessica Johnson Steven
How do I get the indicator on trading view?
email me
@@ZeffsTrading Whats your email?
2nd trade wouldnt have worked if you trailed your stop behind each new bar as QTE suggests. small loser but still not a winner
3:58 What's amazing about that trade? You would have gotten stopped out with a (small) loss on the 3rd candle after the entry.
You would hit your half ATR take profit there, before you get stopped out. Because of the size of the big green bar as well as the long wick on the red candle, you will absolutely hit half ATR TP. Because previous candles give you an idea of how big is the half ATR at that time.
Correct. Also losers come in any system. We make them smaller then our winners though...
Remember folks win rate is a terrible metric of profit over time
True