Custom Algorithms

Sniper Algorithm

Method
Synchrony Between Trend, Momentum and High Volume Areas

Style
Day Trading ,Swing Trading

Setups
Can be use in any Time Frame, Renko , Momentum and Kase Charts
No inputs need to be change

Description
This document is intended as an introduction and user guide to the apps available to Divergence Analysis users on TradeStation. For more information, please go www.technicaltraders.net

Sniper Algorithm indicator apps on TradeStation consist in ShowMe studies applicable to fund managers, long-term investors, day traders and swing traders. Our unique market timing software generates both long-term trend change as well as short-term day and swing trading signals on equities, ETFs, futures and currencies . We also use this software to provide subscribers with signals and trade Alerts for more information . (go to www.technicaltraders.net/ services /signals )

The SNIPER ALGORITHM indicator was build to help you recognize Synchrony when Trend, Momentum and High Volume Area are confluent . The calculations are based on a unique Algorithm that combines the three elements giving clients an anticipated signal to help make long or Short decisions around Signal Area.

High Time Frame Signals will be a guide to look for opportunities on lower time frames (as example shows)

Good ideas are often not hard to find, but timing entries and exits can often be the most challenging part of trading and investing. Knowing when to buy and when to sell is often as or more important than knowing what to buy and what to sell. From managing positions in equities and ETFs to day trading futures and options, you need to know when the market is about to turn because timing is everything in this business.

Getting your timing right is always key for any investor or trader: it doesn’t matter if you’re managing a hedge fund, proprietary funds, managed accounts or a personal account, or if you’re trend following, swing trading, day trading or scalping. Our market timing software generate short term signals , swing trade signals on 60-240 minute charts, and intermediate to long term trend changes on daily, weekly and monthly charts for futures contracts, currency pairs, equities and equity ETFs. Many of these indicators also help to both limit losses on bad entries as well as extend gains by avoiding premature exits.

Sniper Algorithm usually is used as a Entry Point for Swing moves. Most of the times Sniper Algorithm coincides with Institutional levels created by High Volume Areas where strong Volume has been present .Traders are suggested to create their own strategies around this levels. As much higher is the time frame more accuracy will be in the signal.

Continue improvement and development is created to support provide the best service possible to our clients.

Please if any questions go to www.technicaltraders.net

Some examples of recent signals as follows


Examples

Example 1

S&P 500 Sniper Algorithm Signal Oct 8- 2015 – Daily (Higher Time Frame)

SniperAlgorithmExample1-1

Following Daily Signal on October 8-2015 look for signals on lower time Frames

S&P 500 Sniper Algorithm Signal Oct 12-2015 – 15 minutes (Lower Time Frame)

SniperAlgorithmExample1-2

Example 2

S&P 500 Sniper Algorithm Signal August 20- 2015 – Daily (Higher Time Frame)

SniperAlgorithmExample2-1

Following Daily Signal on August 20-2015 look for signals on lower time Frames

S&P 500 Sniper Algorithm Signal August 20 & 21 -2015 – 60 minutes (Lower Time Frame)

SniperAlgorithmExample2-2

Example 3

S&P 500 Sniper Algorithm Signal October 10- 2015 – Daily (Higher Time Frame)

SniperAlgorithmExample3-1

Following Daily Signal on October 10 -2015 look for signals on lower time Frames

S&P 500 Sniper Algorithm Signal October 1 & 2 -2015 – 15 minutes (Lower Time Frame)

SniperAlgorithmExample3-2

Extremes Algorithm

Method
Turning Point, Trend Change and Intraday Price reversal

Style
Day Trading ,Swing Trading

Setups
Can be use in any Time Frame, Renko , Momentum and Kase Charts
No inputs need to be change

Description
This document is intended as an introduction and user guide to the apps available to Divergence Analysis users on TradeStation. For more information, please go www.technicaltraders.net

Extremes Algorithm indicator apps on TradeStation consist in PaintBar studies applicable to fund managers, long-term investors, day traders and swing traders. Our unique market timing software generates both long-term trend change as well as short-term day and swing trading signals on equities, ETFs, futures and currencies . We also use this software to provide subscribers with signals and trade Alerts for more information . (go to www.technicaltraders.net/ services /signals )

The EXTREMES ALGORITHM indicator was build to help you recognize key turning points, pullbacks and bounces. The calculations are based on a unique Algorithm that combines Momentum, Volume and Price Action against Institutional High Volume Areas.

Good ideas are often not hard to find, but timing entries and exits can often be the most challenging part of trading and investing. Knowing when to buy and when to sell is often as or more important than knowing what to buy and what to sell. From managing positions in equities and ETFs to day trading futures and options, you need to know when the market is about to turn because timing is everything in this business.

Getting your timing right is always key for any investor or trader: it doesn’t matter if you’re managing a hedge fund, proprietary funds, managed accounts or a personal account, or if you’re trend following, swing trading, day trading or scalping. Our market timing software generate short term signals on 1 and 5 minute charts, swing trade signals on 60-240 minute charts, and intermediate to long term trend changes on daily, weekly and monthly charts for futures contracts, currency pairs, equities and equity ETFs. Many of these indicators also help to both limit losses on bad entries as well as extend gains by avoiding premature exits.

Extreme Algorithm usually is used as a confirmation of trend change, turning point and intraday reversal moves. Most of the times Extremes Algorithm coincides with Institutional levels created by High Volume Areas where strong Volume has been present .Traders are suggested to create their own strategies around this levels. As much higher is the time frame more accuracy will be in the signal.

Continue improvement and development is created to support provide the best service possible to our clients.

Please if any questions go to www.technicaltraders.net

Some examples of recent signals as follows


Examples

Gold Futures Extremes Algorithm Signal Oct 2-2015 – 60 minutes – 145 point rally

ExtremesAlgorithmExample1

Dow Futures Extremes Algorithm Signal Nov 15-2015 – 240 minutes – 700 point rally

ExtremesAlgorithmExample2

Crude oil Futures Extremes Algorithm Signal Nov 11-2015 – 60 minutes – $5 Selloff

ExtremesAlgorithmExample3

Euro Futures Extremes Algorithm Signal Sept 25-2015 – 240 minutes – 130 points rally

ExtremesAlgorithmExample4

SPY ETF Extremes Algorithm Signal Nov 4-2015 – 60 minutes – $8 dollars selloff

ExtremesAlgorithmExample5

AAPL   Extremes Algorithm Signal Nov 4-2015 – 60 minutes – $8 dollars selloff

ExtremesAlgorithmExample6

Indicator can also be used on Radar Screen Services and Scanner on Tradestation

Radar Screen Alerts

ExtremesAlgorithmExample7-RadarScreen

Scanner Services

ExtremesAlgorithmExample8-Scanner

 

 

 

Automated System

Method
Synchrony Between Trend, Momentum and High Volume Areas

Style
Day Trading ,Swing Trading

Setups
Use in Mean Renko only available on tradestation 9.5

Inputs

TimeSetup: False: there’s no trading time restriction. True: As user discretion needs set trading time
Quantity: User Discretion according to Risk management plan.
EntryTime /ExitTime: User Discretion. (i.e EntryTime: 09:30 ExitTime: 1600 if user is at EST time zone otherwise Exchange option is recommended)

Settings

Data – The system requires a minimum of 120 days of data .
Suggested Range : 6 months


Suggested Intervals

User discretion.
Our Traders use this strategy with the following intervals

  • @ES[contractmonth/year][/contractmonth/year]=105XN :   2    (check time setup )
  • @YM[contractmonth/year][/contractmonth/year]=105XN:  20    (check time setup)
  • @ NQ [contractmonth/year][/contractmonth/year]=105XN:  8      (check time setup)
  • @CL[contractmonth/year][/contractmonth/year] = 103XN : 0.2   (check time setup)
  • @GC[contractmonth/year][/contractmonth/year]:  110XN +GJMQZ  : 3
  • @EC[contractmonth/year][/contractmonth/year] =103XN: 0.001 (check time setup)
  • @QM[contractmonth/year][/contractmonth/year] = 103XN : 0.2
  • @JY[contractmonth/year][/contractmonth/year] = 103XN : 0.001
  • @TY[contractmonth/year][/contractmonth/year] = 103XN : 0.05
  • SPY: 0.2
  • QQQ: 0.2
  • DIA: 0.2
  • IWM: 0.2

Entry Logic - Settings and Video

The system will enter at a limit price and will stay with that position until the default target using a limit price is achieved, or there is a change in the signal, or the default stop has been triggered at market price set by inputs in Exit time settings. Sniper Algorithm will then automatically look to close any open positions at the market price. Since trading technology is not fail-safe, all automation must be used with caution and constant supervision. It is important to ensure that no position has been left open and carried. if system doesn’t close trade will be safer exit before market close.

FORMAT SYMBOL – for Live Trading @ES
Symbol=@ESxYY
x= H (Mar), M (Jun), U (Sep), Z (Dec)
YY= year.
strategy setup

103, 105, 107 XN determines back adjusted continuous contract symbol
Example: @ESZ16 for ES contract expiring in Dec 2016
Our traders use an adjusted contracts
Example:
@ESH16=105xn
Indexes 105xn , currencies & Crude 103xn , Gold 110xn
adadjusted contracts
DISPLAY
Time Zone =ET
Important: The automatic exit will only work correctly if this system is set to Exchange Time in NY.
PROPERTIES FOR ALL
Commission = $2.4 per Trade round trip
Position Slippage = $0 per Trade*
Initial Capital = $50,000 per e-mini contract
Account Size = $50,000 per e-mini contract
Max number of bars study will reference = 200 (very important)

properties

My Personal Setups are ( user discretion is advised)

Setting are for the last Update on SniperAlgorithm Strategy Released on April 22 ,2017

Please keep in mind, should you be considering automating your trading, that automation features of TradeStation are NOT designed to enable you to trade without paying close attention to your transactions on-screen as they occur. Situations may arise that require your prompt intervention.
* Sniper Algorithm is run on Tick bar .The only slippage that occurs is when stopped out or when the system exits at the end of the day. This slippage will vary between systems and between traders due to a variety of factors such as the type of order, the speed of your machine, the version of your trading platform, the bandwidth and latency of the network between your machine and the Exchange, your place in the order queue, the volume on the opposite side of the trade, the speed of the market at that time, and the delay setting used to convert an unfilled limit order to a market order. All this requires fine-tuning on your part. Sniper Algorithm cannot automatically optimize any of this.

Important: Strategy automation is not designed for unattended trading. At all times traders need monitor order execution.

It’s important every time data re connection occurs check if your strategy position on the charts coincides with your position regarding mostly with stops. 


There are other factors, but the most important one to be aware of is this; in simulation trading, TradeStation judiciously records a trade as filled the moment the price is touched. In real life one may or may not get filled at that value. Naturally there will be a deviation in the overall performance of simulated trades versus real trades. The simulation will generally have a higher performance.
Data Information is limited on tick bars up to 6(six months).
This document is intended as an introduction and user guide to the apps available to users on TradeStation.
Good ideas are often not hard to find, but timing entries and exits can often be the most challenging part of trading and investing. Knowing when to buy and when to sell is often as or more important than knowing what to buy and what to sell. From managing positions in equities and ETFs to day trading futures and options, you need to know when the market is about to turn because timing is everything in this business.
Sniper Algorithm Strategy usually is used as a Entry Point for Swing moves. Most of the times Sniper Algorithm coincides with Institutional levels created by High Volume Areas where strong Volume has been present. Traders are suggested to create their own strategies around this levels. As much higher is the time frame more accuracy will be in the signal.
Important:
By default, TradeStation provides 6 months of historical tick data, so the back-testing of the Advanced Chart Types (Mean Renko)using a 1-tick underlying interval is limited to a 6 month historical period.
The Advanced Chart Types (Mean Renko), with the exception of Kase Bars constructed from 1-tick data, use synthetic data to fill price gaps. In back-testing and in automation, then, fills can appear on prices that did not actually occur in the market.
Data range is as user discretion. Data range can affect back test results , strategy is suggested to use with no less than 90 days of data for appropriate performance.
Continue improvement and development is created to support provide the best service possible to our clients.
Please if any questions send us an email to sniperalgorithm@gmail.com


Optional recommendations

The following procedure is optional but for better strategy execution clean your TS cache once a month ( see instructions attached)
clean_cache_1clean_cache_2
disclaimer_Automated