Trading Blog
A place for experimentation and discussion around indicators, strategies, and technical methods. A collaborative space for traders to refine strategies and share free indicators and market insights
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Reversal Candle Patterns
Reversal Candle This indicator will colour reversal candle Works best with UniRenko style charts. But will colour candles on any chart that meets the following criteria: (Bullish) -Low is below the previous candles’ low -Closes above the previous close -Current and previous candles are opposite colors. (Opposite for Bearish reversal) Adjust the offset to customize how much lower a reversal has to go from the previous candle. You can scalp a few ticks or points using this strategy alone. More about the candle reversal here It is an excellent strategy to use when trading a Prop account PA with a trailing drawdown
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Futures Trading for Beginners using Prop Firms
Futures Trading for Beginners using Prop Firms Prop firms, also known as proprietary trading firms, are companies that provide traders with capital and technology to trade the markets. These firms offer a great opportunity for beginners to get started in futures trading, as they provide the necessary resources and funds to help traders succeed. How Prop Firms Work Prop firms typically provide traders with access to trading capital and advanced trading technology, including charting software and trading platforms. In exchange, the prop firm takes a percentage of the trader’s profits, which is known as a “performance fee.” One of the benefits of using a prop firm is that traders have…
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CONNECTION SET UP
Follow on Discord Step 1: Rithmic rTrader Pro Settings Download and install our Rithmic rTrader Pro on this link. This setup work on any prop not only on Apex Open your rTrader Pro application Click “Skip Settings” (top right corner) Leave selective mode turned OFF Copy and paste your Rithmic ID and password without any accidental spaces (Your Rithmic ID and password as well as your NinjaTrader License key are stored in your dashboard Choose System: APEX Choose Gateway: Chicago Area Leave market data OFF Click LOGIN and sign the 2 agreements for ALL NEW USERS upon the first login in rTrader Pro. They are mandatory (select NON-PROFESSIONAL) Step 2: DON’T EVEN TRY to set…
