MT2 Time Series And Params

Hi,

I'm interested in downloading and test driving the MT2 robot. I would like to first take a look at the MT2 results. On the MT2 info page there is the following section...

"Free database of Results and Settings from optimiser

Registered users have access to tests results and a constantly updated free online results and settings service Click here to view Optimisation Results and Settings"

When I click on the link it takes me to a login page. From there I click on register, but it tells me that I cannot register at this time. Is there any way for me to register as soon as possible so that I can take a look at the results?

Also, what is the pricing for a single computer license for the MT2 robot after the month trial. I was unable to find this information on the website.

I look forward to hearing from you and thank you in advance for the help.

Best,
Eric
Name:Eric

 

Hi

The MT2 has been completely re written for NT7 - unfortunately the website needs updating to that affect!
Results and settings will need to start off again due to the re write for NT7.

Server failures
Stored results were destroyed for NT6.5 due to a server issue at 1and1 servers - and the backups were all corrupted too!
So an all round failure and total loss of data and historical settings once held in the forum and a specifice database that allowed you to view results for a number of instruments ands timesries.

This will be rebuilt for NT7 - more information to be released soon

Hi Tom,

 

Thank you for the information. I’m sorry to hear that you have had so many troubles.

 

How do I get updates on when the results and settings information is updated on your website?

 

Also, if I wanted to still download the MT2 system for NT7, it appears that this is available. Is that correct? Is there support for this? What about guidance on how to set up the system? Any guidance on settings? I’m not a complete beginner, but I’m not advanced so I would need guidance. Would it be better for me to wait?

 

And what is the pricing on the MT2 system after the trial?

 

Thank you again for your help.

 

Best,

Eric

 

 

For information bulletins and website updates - you can subscribe to the mailing list
http://eepurl.com/0GzA

yes you can download the framework and the MT2 exists as an indicator and strategy.

Currently development is work in progress. documentation to be released soon!

I can supply settings and tips for the MT2 if you tell me how you want to Trend trade.
It is essentially a programmable Trend trading system which can be set up to match your style of trading.

All software is 100% free for simulator trading and testing.
Pricing is also still in progress and detaisl will released quite soon in addition a new eccomerce website for purchasing -
the current website will be used to provide product support and tuition.

The old MT2 version was £495 - however it was a very different tool.

The new MT2 is also a component of a large system called the Silver Bullet which allows you to pick directioanl fitlers and aggregate signals over many time frames and strategies in parrallel - more on that to come later.

I can provide assistance on setting it up.

For example:
Do you want to trade
Crossover
Confirmed Reversal
Early Reversal
Unconfirme Trend
Chop and continue
Trend Line Rejections
Triple Cross

or a combination of all?

Hi,

 

Thank you for the reply. I have signed up for your newsletter so that I can get the updates when they come out.

 

In the past I have mostly traded high frequency simple cross over strategies. I’m interested in continuing with this type of trading and to learn more about some of the other strategies that could be traded with MT2. So in a nut shell, I’m interested in trading a combination of them all. I’m from the US and I’m most familiar with the ES, but if there is a different market that you think I should trade because MT2 typically does better, I’m all ears. Let me know parameters you would recommend…

 

Since your results database was lost, you don’t have a place to send me to look at results and parameters. That being said, I would like to form an idea of the kind of results that I can expect from the results. I did notice that there is one result for the ES listed on the information page (http://www.micro-trends.co.uk/products/strategies/mt2/default.aspx). Is this typical size return for one ES contract? Above normal? Below normal? Just trying to get an idea of what to expect.

 

Last question, will the pricing for MT2 be available within a month? I have a goal to be going live in about that time frame so I just wanted to see if that will be possible.

 

Thank you again for the help. I look forward to hearing from you.

 

Best,

Eric

 

Hi,

 

One other question. How do I download the software? I went to http://www.micro-trends.co.uk/downloads/default.aspx. When I click on the link on this page, it sends me to the login page. Please advise.

 

Best,

Eric

 

 

Hi,

 

Thank you for the reply. I have signed up for your newsletter so that I can get the updates when they come out.

 

In the past I have mostly traded high frequency simple cross over strategies. I’m interested in continuing with this type of trading and to learn more about some of the other strategies that could be traded with MT2. So in a nut shell, I’m interested in trading a combination of them all. I’m from the US and I’m most familiar with the ES, but if there is a different market that you think I should trade because MT2 typically does better, I’m all ears. Let me know parameters you would recommend…

 

Since your results database was lost, you don’t have a place to send me to look at results and parameters. That being said, I would like to form an idea of the kind of results that I can expect from the results. I did notice that there is one result for the ES listed on the information page (http://www.micro-trends.co.uk/products/strategies/mt2/default.aspx). Is this typical size return for one ES contract? Above normal? Below normal? Just trying to get an idea of what to expect.

 

Last question, will the pricing for MT2 be available within a month? I have a goal to be going live in about that time frame so I just wanted to see if that will be possible.

 

Thank you again for the help. I look forward to hearing from you.

 

Best,

Eric

Hi

There is a download FAQ underneath.
You can download direct or by email.

Please see the following:

http://microtrends.zendesk.com/entries/267488-how-to-download-the-ninjatrader-framework

Hi,

Thank you for spending the time to help me. Sorry that I missed the direct download link. I just overlooked it.

Could you give me some guidance on parameters per my trading style that was previously discussed?

"In the past I have mostly traded high frequency simple cross over strategies. I’m interested in continuing with this type of trading and to learn more about some of the other strategies that could be traded with MT2. So in a nut shell, I’m interested in trading a combination of them all. I’m from the US and I’m most familiar with the ES, but if there is a different market that you think I should trade because MT2 typically does better, I’m all ears. Let me know parameters you would recommend…"

Also, if possible, could you also answer my previous question about strategy performance?

"Since your results database was lost, you don’t have a place to send me to look at results and parameters. That being said, I would like to form an idea of the kind of results that I can expect from the results. I did notice that there is one result for the ES listed on the information page (http://www.micro-trends.co.uk/products/strategies/mt2/default.aspx). Is this typical size return for one ES contract? Above normal? Below normal? Just trying to get an idea of what to expect."

Thanks again and have a good weekend.

Best,
Eric

I think It will be best for you to use the Indicator MT Signals MT2 Indicator first and later with the Strategy.

Generic chart template attached MT2-Simple-Crossover
You can save this to your "My documents\NinjaTrader 7\templates\charts

Within the parameters you can set the trading modes of the strategy.
TradeSetupMode=1 = crossover
Each parameter has a description for it underneathn in the description panel - which you can increase or decrease to see the text. however the mouse over its margins when it changes cursor select, hold and drag to.

The MT2 parameters you are interested in are for crossover trading
So you can experiment and change the moving averge types and settings and also rules within the crossover parameter group.

Results
Some ES and other market results were provided to show the effects of parameter sets for the NT6.5 version.
The MT2 has been completely re written for NT7 - Results and settings will need to start off again due to the re-write for NT7.

I can advise on how to obtain the settings you require not define what they are.
Mechanical traders should backtest and optimise strategies on their own data and PC - rather than view other data results as viable for their own version -this is due to data differences and time zones.

Guides
I will be releasing more information - chart templates and settings witihn the forum for the MT2 next week.

MT2 Indicator Forum
http://www.micro-trends.co.uk/forum/topic790-mt2-trend-trader-moving-averages-forex-and-futures.aspx

The registration pages will be back by the end of today so you will be able to subscribe to that forum for updates for chart templates.
I will post a few versions there today with descriptions and notify you.

you will be able to save and load these to a chart to see the effects and browse the params.

Great. Thank you for the help and suggestions. I will get working on this.

 

Best,

Eric

Hi

I am placing some examples within this forum

http://www.micro-trends.co.uk/forum/topic811-mt2-sample-chart-templates.aspx

More guidance to follow

Hi,

 

As I have been reviewing the MT Signals MT2 Indicator, I have had a number of questions come up. I looked through the public forum to see if I could find the answers to these questions, but was unsuccessful in doing such. At your earliest convenience, can you answer these questions.

 

1) It appears that the registration pages are still unavailable. Is that correct?

2) I plan on trading the crossover strategy on the ES. Do you have any recommendations on chart time frames for the ES?

3) My bars are painting various colors (orange, red, pink, light green, green, dark green, blue, etc.) Can you provide an explanation of these bar colors?

4) Filters Section

- How does the Max Entry Offset parameter work?

- How does the range filter work?

- How does the slope filter work?

- Candle filter, how are bearish and bullish candles defined?

5) Moving Average Section, what do these moving average stand for?

- MT_TEMA

- MT_TSMA

- Zerolag_EMA (same for triplezerolag)

-ZeroLag_EMA2 (same for triplezerolag)

-ZerolagHATEMA

 

Thank you in advance for your help.

 

Eric

 

 

1) It appears that the registration pages are still unavailable. Is that correct?
Memberhisp is still being worked on so there are not registration forms - you wont need to register to use the public beta of help desk

2) You need to trade a time series to suit your requirement - high req, low intraday, swing intermediate.
High Freq Examples
Tick 144, 233, 377, 512, 987
Min 5,15,30

Intraday - Med freq
60,120

Swing & Intermediate
240,360,720
Daily, Weekly

Viability is then dependant on backtesting and settings - and suitability with your trade plan & trading style.

3 Parameters
For each parameter there is a description underneath - in the description panel. You can drag the edge of this panel to make it large if you cannot see all the text. Select a parameter to see its description.

Trend: Bar Color Coding - Gray:Trend Not Known, Blue:Choppy, Yellow:UpTrend Trend Reversal, Lime Green: UpTrend Not Confirmed, Green: Up Trend Confirmed Trend, Orange: DownTrend Trend Reversal, Light Red: DownTrend Not Confirmed, Red: Down Trend Confirmed Trend.
You can switch it off or on via the general parameter: MT - Graphics Trend Bar Color

4)Filters Section

- How does the Max Entry Offset parameter work?
Tutorial required - and changes in progress so ignore for now - it will prevent signals that enter you n ticks from a defined point such as the crossover. If the daily atr is 20 and you are signalled at a close 10 points above the crossover - you might not want to get a signal for that.

- How does the range filter work?
100% = AVG Daily Range (providing you have daily bars from your provider open a chart and see if you have more than one daily bar on it - if not you cannot use this)
Do not process signals until the current session range >= Range Filer

- How does the slope filter work?
You would select which element to effect and set rules for it.
It could be you want to only process signals for
Xover setups when the slope of the last n bars of a MA >= n
Xover entry when the slope of the last n bars of a MA >= n
TLR setups when the slope of the last n bars of a MA >= n
TLR entry when the slope of the last n bars of a MA >= n
A mixture of the above.
Details to come - Tutorial required and testing :-)

- Candle filter, how are bearish and bullish candles defined?
bearish close below open
bullish close above open

5) Moving Averages are all part of the MAPack

Source code is available for browsing at:
http://www.micro-trends.co.uk/forum/forum162-microtrends-indicator-source-code.aspx

- MT_TEMA

Triple EMA

- MT_TSMA

Triple SMA

- Zerolag_EMA (same for triplezerolag)

Zero Lag EMA

-ZeroLag_EMA2 (same for triplezerolag)

Zero Lag EMA alternate version 2

-ZerolagHATEMA

Zero Lag Heiken Ashi Triple EMA

Hi,

 

Thank for taking the time to respond to my questions.

 

1) I’m still a little confused on the range filter. Let me see if I understand this correctly. So if you have this turned on, the system will not take trades until the current session range is >= the range filter and the range filter is 100% of the AVG Daily Range. Is that correct? Additionally, do I need to the daily chart open for this to work, assuming I am provided daily data from my service provider?

 

2) Also, I’m still confused on how to use the slope filter. Should I wait until you put together a tutorial or should I send over specific questions?

 

3) More of a general question. In this system, what are the best filters to use to stay out of choppy markets? The strategy is having a tough time because it is giving a lot back to the market during the choppy sessions. Any tips would be greatly appreciated.

 

4) As I’m sure you can tell, I’m not an experienced trader. And as such, a lot of the parameters within MT2 difficult for me to understand. Do you know of a resource where I can learn more about the these trading methodologies: Reversal, unconfirmed trend, chop trend continue, trend line rejection.

 

5) Additionally, I have questions about the parameters that I came across when running through the optimization:

 

Strategy stops/targets % of ATR (entire section)?

 

ATR trailing stop – how does this trailing stop function?

 

Strategy filter, fade signal – what is this for?

 

Stop BE Offest – what is this for?

 

Stop BE Trigger - If I wanted to move my stop to BE after 4 ticks, would I set this to 4?

 

If you have a manual or videos that explain these parameters, I would be happy to watch those so I don’t take anymore of your time.

 

Thank you in advance for your help.

 

Eric

 

 

#1 Range Filter = N% of Daily Avg Range
Filter Signals until Current Range >= Range Filter N%

#2 If Slope filter is complicated - Tutorial required

#3 Only backtesting and optmisation provides answers for your settings. It maybe a chop filter removes the profitable trades as well as losers - choppy markets will always hit a trend system - there are techniues to compensate - in the MT2 - with a simple trend system you expect 35% to 45% winners but by letting winners run means it is still a profitable system. Slope can be used as a chop filter.

E.G You always set a band or threshold above the crossover and use a stop for entry..

#4 If not clear from the posted chart templates - Tutorial required

#5 The MicroTrends Framework is being re -developed - it is a public beta release - guides will be released with turotirals and videos in the near future

For the purpsoe of time management I need to complete the development work before i can release guides and tutorials to cover the more advanced parameters and concepts.