Percent asymmetric Indicator and Strategy for NinjaTrader 8

Percent Asymmetric is easy to use indicator for all NinjaTrader user from beginners to experts. It works on both automated and manual trading in real-time or end-of-day (EOD)

If you require this item for a different platform please visit the product guide It can also be used as indicator only for day trading or swing trading when used in manual trading or for automated or position trading The video below shows Percent asymmetric on speeded up data. Configured thus Long stop is 15% Short stop is 12% As markets generally have an upward bias, the size of longs is set to buy 10 and shorts are selling 5, click the screen to pause to understand how it operates.     System introduction Percent asymmetric is highly suitable for beginners trading futures or stocks as it uses fixed percentage inputs which you control to you own needs Percent asymmetric can produce has high risk to reward ratios as it is a high performance trend following models. Advanced features User inputs can be different for long and short entries EG. Enter long when 2.5% off the lowest low but enter shot when 3% off the highest high. Hence the name asymmetric. Advanced latency protection is built into this product to enable it safely shut down when prices are moving faster than your pc and internet during day trading sessions. Virtually infinite range of percentage settings for microscopic adjustment to fit any market data behaviour. Non-fractal in behavior. This is due to the percentage equation being immune to time frame. It does not behave in the same was as a moving average when time frame is changed. Standard features This product cannot be used on Forex due to the dual streams of the bid and ask in NinjaTrader Percent settings are completely ignoring the time frame of your chart so you can use any time frame of tick, minute, hourly, daily bars and candles. Etc. Simple to read colour changing plot that provides a simple at a glance position detection depending on colour The default use is as a stop and reverse model for futures and stocks and cryptocurrencies Percent asymmetric can be used for position trading ( holding overnight ) or set to close trades at any time you specify if you are intra day trading Trade long and short or long only or short only If you set short size to 0 it will just exit long when the stop is hit. If you want short only just set long size to 0 To use for both, then set long size and short size to the amount you need. View license prices for Percent asymmetric for NinjaTrader View Percent asymmetric instructions page
There is built in latency protection in the strategy for Percent Asymmetric. Shuts down the strategy and closes all orders and trades if the market moves too fast for your pc or internet connection. In a volatile session the futures markets can move 2% in the blink of an eye, this is faster than the computer and internet connection can deal with as its like time travel. By the time your order arrives in the market the system has already changed from long to short. You are protected from this disaster with this product. Latency is a big subject and it is heavily related to fear and panic which you can learn more about it here in crash page
Percent asymmetric on 3 minute chart of Crude oil futures (CL) The percentage settings are long = 1.8% and short =1.5% which enables a fast changing set up.
The Percent asymmetric below on Nasdaq futures 10 minute chart View license prices for Percent asymmetric for NinjaTrader View Percent asymmetric instructions page
Percent asymmetric settings guidelines   View Percent asymmetric instructions page Read the full article on how to test a trading strategy which shows the correct method to use in backtesting a strategy correctly. IF YOU HAVE ARRIVED AT THIS PAGE AS A BEGINNER THEN HERE ARE SIX TUTORIAL PAGES TO GET YOUR KNOWLEDGE UP TO A BETTER LEVEL How to trade part 1 How to trade part 2 How to trade part 3 How to trade part 4 How to trade part 5 How to trade part 6 Qstick    Educational videos 1929 crash Trading IQ Game tutorial PLAY FOR FREE  Trading IQ Game  AND WIN PRODUCTS
View license prices for Percent asymmetric for NinjaTrader
User guide for Percent Asymmetric on NinjaTrader 8 Ordering and purchasing When ordering please include your NinjaTrader machine id number which can be found by opening control centre and then clicking help >> about and its on the 5th line down To order please click this link and follow the instructions after choosing what version you require Installation After you receive the Percent Asymmetric file in your email, you need to save it to your pc. After this please then open up Control centre, click on File > Utilities > Import Ninja Script and then select the file from the browse menu in the place you have saved it. After importing it the Percent Asymmetric Indicator will appear in the Indicator list and the strategy will appear in the strategy list ( if you purchased the gold version as the silver version is indicator only ) Setting up the indicator on a chart. When starting for the first time it is best to attach the indicator first to obtain a visual examination of the approximate settings you want. IMPORTANT Percent Asymmetric strategy is ONLY designed to be used on the following chart types in the NinjaTrader 8 platform. Candlesticks or OHLC Bars in the format of Volume, Tick, Minute, Days, Months Weeks, Volume, Range Renko, Kagi, Point and figure or Line Break charts cannot be used due to the nature of their "in hindsight" processing of real-time information or inability to plot high and low prices accurately on each bar. In strategy back testing of these chart types ( mentioned above in RED font ) can lead to misleading performance results for this product. Default settings for the indicator. Calculate on bar close = false. This setting is important to leave as false because this product detects changes "intra bar" . If a bar opens at 100 and makes a massive move up to 190 in the same bar then retraces back to 185 the strategy would be able to exit with a great profit. However if the calculate on bar close is set to true, it would not monitor the price action until the bar is closed which could mean that the unrealised profit might not be realised if the price retraces back to 100 before the bar is closed. The default long setting for Percent Asymmetric is 4.00% and default short percent is 5.00%. Please note this is a general approximation of an effective setting when applied to daily charts and users are encouraged to extensively test many settings before engaging the strategy. You are strongly encouraged to experiment with many different settings to find what works best with your markets of choice. The long and short percent settings are simply a percentage of the closing price If you set this to a large number of 2 or 3 or more it will fit uses on long term daily or weekly charts and if you set it to values smaller than 0.5 it would be more suited to intra-day charts. Each version of Percent Asymmetric have minimum settings for the long and short percent which you can see on this table below.
View license prices for Percent asymmetric for NinjaTrader
Instructions for use

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Precision Trading Systems was founded in 2006 providing high quality indicators and trading systems for a wide range of markets and levels of experience.

Supporting NinjaTrader, Tradestation and MultiCharts.

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