Interactive Brokers (IB) is a low cost provider of trade execution and clearing services for individuals, advisors, prop trading groups, brokers and hedge funds. IB's premier technology provides electronic access to stocks, options, futures, forex, bonds and funds on over 90 markets worldwide from a single IB Universal account. Member NYSE, FINRA, SIPC. Visit www.interactivebrokers.com for more information.
Are Your Tired of Loosing Money?
Do You Lack Disciple?
Are you Afraid to Pull The Trigger on a Trade?
Are you Not sure When to Get in and When to Get Out of A Trade?
If this is you.... we have the solution!
Our simple to follow system will put you on the road to becoming a:
WINNING - DISCIPLINED - CONFIDENT
PROFESSIONAL TRADER!
Stop wasting your time!!
We provide all the indicators
Entries and Exits
The chart templates
Simple rules
Automation Options
$499 LIFETIME SUBSCRIPTIONS!!
All Trail Costs are deducted from the
purchase of the system.
Due to the proprietary nature of these systems, all sales are final. No
exceptions. The software is an educational resource and investment in a
simple and practical trading method for any market in any time frame...
and after you've shopped around some more, we'll welcome you back!
-No Trades During News
-No Trades Until Confirmed Trend
-Obey The Stops
-Use Proper Leverage -$5000 Per One S&P Emini
-Increase Size With Each $5000
-Know Your Risk Tolerance!
A SIMPLE, ELEGANT TREND FOLLOWING SYSTEM
The traders at Ghost Bars Trading have been involved with the futures and equity markets since 2002.
Trading exclusively on NinjaTrader since 2006 . During that time we have evaluated a multitude of indicators and trading methodologies before the successful development of the Ghost system.
Ghost Bars are constructed from a proprietary trend following algo. The Ghost Bars work on all bar types from weekly to minute and even renko, tick and range bars.
The indicator defines opportunities in any trending market from futures to forex and equities. The bars allow traders to focus on price and have the benefit of an accurate trend following algo that reinforces this simple mantra:
"If there is no trend, there is no trade."
As such, you will never find yourself trading the chop and slop again!
The indicator initially plots an arrow when a trend begins to emerge, and as the trend gathers momentum the Ghost Bars fill with color of the direction of the trend, if a blue bar plots the market is showing some indecision and could revert to a non trending state or reversal.
The four volatility bands plot the strength of the trend and show when to exit your trade and the system is specifically designed for avoiding trades during chop market conditions.
We have also developed an indicator for the NinjaTrader 7 Market Scanner, Ghost Trend Market Analytics. This indicators scans the marketplace in realtime, and continually updates the NinjaTrader scanner. For each instrument imported into the scanner, the indicator plots the trend direction and trend changes in color, the length of time that trend is in place is represented numerically.
This is great for identifying trading opportunities across a large pool of equities, futures or forex on weekly, daily, and intraday time frames.
Attached please find the Ghost Bars, Signals, Market Analyzer and Automation package. If you need help importing the file into Ninjatrader please let us know.
Two chart templates will populate in your chart options. One has signals and a trail stop and one does not, to allow flexibility for your personal discretionary trading style.
The Market Analyzer template option can be adjusted also, however, make sure to choose the “signal” option when choosing what to plot in the Market Scanner.
With regard to the automation package. We anticipate that traders will optimize and as such we will make one complimentary adjustment to the default settings for your convenience. Any other default settings adjustment requests will carry a nominal fee of $10.
THIS IS A TREND FOLLOWING SYSTEM BEWARE TRADE SIGNALS IN A SIDEWAYS MARKET!
To install you will import the zip file within the NINJATRADER 7 platform from FILE -> UTILITIES -> IMPORT NINJA SCRIPT.
Then place the template files in the NINJATRADER 7 folder in your windows MY DOCUMENTS folder. Place the attached template files in TEMPLATES subfolder, either CHART or MARKET ANALYZER depending on the file's label.
The indicators and the strategy have descriptions of each settings in the LABEL window when loading onto a chart or starting a strategy, and also from the backtest window, optimize, or walk forward window.
There are very few settings for the indicators/signals, and approximately 10 options in the automated system.
We are trading with the default settings and adjusting bar structure and hard dollar stop, hard dollar target and trail, depending on the type of instrument and the general volatility of the instrument in current market conditions.
We use the strategy in a number of different time frames on the S&P including 60 minute bars with a large stop and a 2:1 risk reward ratio, and we do not have trades firing every day. In addition to Futures, we trade a basket of equities with daily bars.
The system can certainly be used on any bar type and size, range bars and renko bars are good for pin pointing trends, and that might work for your particular trading style.
Basic back tests, then watching the market data populate and the system trade in market reply or live in your sim account, is the best way to get comfortable with the system.
Two tips, tight stops are often self-defeating, and sometimes when you think you should manually close a position, the market surprises you in a good way…
We strongly believe that once you decide to bring your preferred settings live, they should not be changed without a thorough reevaluation of the reason you chose the settings in the first place.
Lastly we really would appreciate and value your feedback.
Thank you
Copyright 2011. All rights reserved.
Statement Of Disclaimer
U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures, stock and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stock and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed here or on the company website. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.