Mach-Trend-Platinum Pro in action. The paint bar makes trend changes visually simple and the trading strategy avoids whipsawsDesigned to give good risk / reward ratios by trading less. The MT indicator is not plotted in this example, available for all platforms, see the product guide.
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Mach-Trend Platinum pro shown below with length 50 on GC
Gold futures 15 minutes
The indicator plot changes colour when the trend changes which give
you a clear to understand signal. Settings for the strategy much be
identical to match the indicator.
Please visit the product guide above if you require this
for a different platform.
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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, MultiCharts, TradingView and
MetaTrader 4 & 5.
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This indicator for NinjaTrader 8 can deliver higher risk reward ratios due to its resistance to be shaken out of an established trend without a valid reason
Introduction and concepts of the Mach-Trend Platinum Pro strategy and indicator for NinjaTrader 8
This product does not fit into a
"category" like other indicators do. The algorithm behind it is
highly efficient at calling the trends. Very robust and solid
product.
Features of this trading system: What is a trading
system?
This is a method of having your trading decisions
made for you. It can operate manually as you copy the trades, or
automatically if you connect to an online broker and enable
autotrading.
Features of this product and what
they do
Length
This controls the period used by the central algorithm.
Shorter values produce more trades and longer periods increase the
frequency between trades.
Delay
This adds a "margin of nothingness" to reduce frequency of
trades. If you imagine it like an examination pass rate being 60%
under normal rules. If delay is 4 then the pass rate becomes 64%
which makes it harder to pass the exam or in this analogy it makes
it harder to change the trend from up to down and vice versa.
TradeLong - TradeShort
The default setting is 1 which means if both are set to 1 it
will take long and short trades. If TradeShort is set to 0 it will
only take long trades.
Skew direction
This setting is used to favour a particular direction to make it
easier or harder to take a long or short trade. EG it distorts the
trend.
If you set skew to +2 it will go short easier and it will
be slower to go long. Suggest concept of this is for long term down
trends.
If you set skew to -6 it will go long much easier and
it will be very slow to enter a short trade. Suggested for bull
markets in strong up trends.
Five percent
rule
This is for those
huge moves when being short of a market which is going into
capitulation.
If there is just 5% of its value left Mach-Trend
will exit the short position. Eg If you place the short at 100, the
trade will exit at 5.
If it is not engaged by setting to 0, then
it will stay in the short trade until the trend changes.
Exit on session close
Using this setting ticked is going to close out trades at the
end of each day. Doing this will make drastic differences to end
results. Cutting potential risk and potential gains.
This
feature is part of NinjaTrader 8 rather than Mach-Trend Platinum
Pro, it is mentioned because of its importance.
Timeframes
Mach-Trend Platinum Pro can be used on any time frame. Settings also
influence results for example, if
you used it will length 30 on a 15 minute chart, it will generate a
similar amount of trades as it would if you used it at length 10 on
a hourly chart.
How does Mach-Trend Platinum Pro indicator and strategy for NinjaTrader
8 behave on "ordinary" markets?
Mach-Trend is a very clever
system which when applied to dull markets generally behaves itself
very well.
However a trader must understand that to achieve
exceptional ratios, one will do much better by seeking exceptional
markets to apply this systems to.
I have always tried very
hard to explain the importance of market selection as it is of
paramount importance to get good results, many people with
intelligence bordering on the genius level have not understood me on
this point, and the more I think about it the more incredulous it
seems.
A word of advice: To catch more fish, go where the
fish are. To catch more trends, go where the trends are.
What markets can Mach-Trend Platinum Pro be used
with?
This product works on Forex, Futures, Stocks, Indices, Bonds and any
other market that has a price you can display in the NinjaTrader
platform
The shot below shows the method of colours used to make
Mach-Trend Platinum Pro operate as a paint bar study. 
The enemy of trading systems is often caused by commission
costs caused by high frequency over trading
Frequency = F
By reducing F by such a huge amount, traders can now enjoy
the luxury of making money for themselves instead of just making
their brokers richer with commissions from over frequent trading
systems. This statement is particularly true of day traders of
futures markets.
It is a horrible fact that brokers grab
roughly half the value of your account each year in costs.
Mach trend will be able to save your account going the same way as
90% of losing traders.
It is widely know that 90% of traders
lose money
Mach trend is here to help you change that
horrific statistic.
The black hole in the image below is used
as an analogy of a trading account caused by commission costs.
Check out license prices for
Mach-Trend Platinum Pro Indicator and
strategy for NinjaTrader 8
User guidelines
After
setting up on the chart and adding the strategy, it is time to do
some study.
A good place to start is to run optimizations on
the length.
If the top performing length is 54 then you can
repeat the optimization with lengths from 34 to 64 and then also add
the delay feature to the optimization with values from 0 to 10.
Then if you get the best result with length 48 and delay 4 you
can repeat again and this time add the skew factor.
EG Length
48 can be set to 44 to 52
Delay setting from 2 to 6
Finally
add in the optimization of skew from -6 to + 6
This manner
of optimizing avoids the bad practice of curve fitting as you are
growing on solid ground rather than finding a flukey result.
How to be a better trader by testing
Calculate on bar close = false.
This page link below.
You can work through the steps shown on this page to find robust
settings.
On this page (for
advanced users only) is an in depth method to check a symbol and
instrument and strategy combination for robustness showing how
to test a trading system
View license prices for
Mach-Trend Platinum Pro Indicator and Strategy for NinjaTrader 8
The help and advice of customers is valuable to me. Have a suggestion? Send it in!
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