T3 Trend Trade Automated Strategy

This page will describe and provide instructions on how to apply and use the T3 Trend Trading automated system.


The Goal Of Our Trend Trade Strategy

Consistency and automation of the T3 ProTrader indicators analysis for trend trading. We have designed the T3 Trend System to replicate what we have taught and continue to teach over the last few decades. To provide users with the ability to trade with minimal effort and analysis. The system will utilize any pre-set combination of strong momentum looks in the triggers and pullbacks for entry when there is room to the target, provided there are no termination conditions that would limit the room to the target. See the inputs section for adjusting the inputs to your personal preference.


Start With A Windows High Power Plan

Adjust TIME ZONE To Eastern or Change Templates


System Indicator Chart Template

When building a new chart, please uncheck tick replay data and use the T3 Trend Trade System template.

You may also format any of the indicators, such as Fibonacci Update Period , EMA size, or T3 Trigger Line size, and the system will read and use what is on the chart.


Adding The Strategy To Your Chart

Build the type of chart you wish to use. Right-click on your chart and select strategies.

You will want to format your system rules and session time templates, and you can also load any of the premade system templates Nexgen has provided after running the installer.

You will then want to select your NinjaTrader ATM for trade management. Select the account you would like to see the trades placed in, and then ENABLE the strategy by checking the box.

Historical trades will plot, and you will be able to enable or disable the trading signals by toggling off the button on the side bar. Remember that the strategy WILL NOT trade when time is outside of the time session, as denoted by the dark gray.


⚠️ Important: Check Your Grid NOW for the correct application of the strategy

You must check your grid right away after enabling the strategy. If the grid is populated, then you will get trades as they happen live. If the grid is not populated, this will alert you that you need to reboot Ninja Trader and clean up the cache and temporary files during your reboot.

Once enabled, and the current time is in a timezone for trading, and the rules are met, it will generate trades. You will have a choice of limit orders, market orders on a pullback, or you can use a STOP entry order that will emulate a reversal on a smaller chart. You will want to experiment with what style of entry you like best. THE MIT is the same as the market, so it is not active.

You will also be able to limit the system to only long or short trades if there is a strong trending market or if you have a personal preference.

Once an order is filled, the NinjaTrader ATM will place stops and targets. As a trader, you will have complete control over your management of the trade. You may also add on to a position that the system has generated if it meets your rules for a higher probability trade. The current going out will not use smaller timeframes for management—only the ATM will be used.

A few plots you will see, such as a line where the limit order entry was placed on each bar. There is also a FILL plot, so you know when it was filled and where. You may turn these on/ off or change plot colors.

When analyzing a trade setup, asking questions in the chat room, and when you need technical assistance, make sure your grid is activated in your pictures.


⚠️ Important Risk & Monitoring Notice ⚠️


Chart Size Basics

The strategy was designed with the NQ and or ES futures markets in mind. The RTY, YM, or other markets may be tested for positive gains with various settings and ATMs. For the NQ, one would use a 34 -5 Dynamic Renko Chart and a monitor management chart using a 13-2 Dynamic Renko chart. For S&P E-Mini Futures, one might use a 13-2 as a large chart and the 5-1 as a management chart. The system will run on any size dynamic renko bar you wish to test.


Input Meanings

We designed this strategy to be transparent and accessible, not a black box or hidden logic; he wanted everyone to understand what they were trading and why. He views this strategy as a supplementary tool to the discretionary trading Nexgen has taught since the 1990s.

05 EMA Offset - this is how many ticks before ( positive #) or after ( negative #) you wish to place your entry orders. There are five types of entries.

  1. Market Order - When the price reaches the entry area and all rules are true.

  2. Limit Order- The system will place a limit order at the EMA Offset price when the rules are met.

  3. Stop Limit order- the price will place a stop limit order (+/- Stop Limit Offset Ticks)

  4. Stop Order - Rules met, then the price hits the entry area; the entry will be a stop above or below the market for entry, which forces some confirmation.

  5. MIT - Means market if touched (by price).

We have made the time sessions easier. There are 3 "trading sessions" and one close session window in which any trade opened that is in the window will be automatically closed. There is also a daily loss limit and a profit objective with a dollar trailing drawdown.


Rules For Entry Signals

  1. Divergence. Either True or False - if this is the only rule, it will show in the grid for study.

  1. Both triggers are either red or green, indicating whether they are crossed up or down.

  1. Small trigger lines location vs the Large Trigger Lines location above or below.

  1. Small Triggers Vs the EMA -location above or below.

  1. Price vs EMA - this is when price (=/-) offset reaches the EMA.

  1. The Entry bar must be a TAIL, or have a wick with the price above or below the prior bar. Keep in mind that this is an INTR-BAR condition.

  1. The Large Trigger Lines VS EMA. The location of the large triggers as they break above or below the EMA. This will significantly slow down trend trades in a strong trending market. This and the EMA vs MID BAND #8 will require much more of a trend trade.

  1. The 21 EMA crossing above or below, and its location relative to the T3 Mid Band. Due to real-time ticks, it doesn't always plot arrows when true, but the system will recognize it.

9. Large Triggers vs. the EMA/- the offset input. This will stop taking trend trades when the EMA gets too many ticks on the "wrong" side of the large triggers.

  1. Price bars entirely on the "other side" crossing over the EMA.


11.x Triggers Quantity Index allows you to set how many triggers are required to break an area to keep trading in that trend direction.

11.x Room to Profit Target Ticks is the minimum required ticks from the ENTRY TO the TARGET LINE

11.x Level Hit Tolerance- How close does PRICE 1 bar ago need to be to a Fibonacci line, Divergence line, or One to Ones?


The Exit Section

Exit if opposite divergence true false. This will exit a trade if there is divergence against your trend trade.

Session 1 &2: 4-digit numbers followed by one space. 0000 is midnight, 0300 is 3 am, 1200 is noon.

Max Daily Loss - if you lose this much, it will no longer automate signals. It will, however, post arrows until the following day. (DATE CHANGE) not session break.

Daily Profit with Trailing Stop in dollars. This will be a profit target amount. Once reached, it will continue trading until the trailing stop amount is hit.


Trading Rules Grid Display Properties

You can adjust the size, color, or opacity of the rules grid. Remember to right-click on the enabled disabled button to open the grid.

The remaining parameters are for your ATM strategy. You will be able to use any pre-made or custom ATM strategy in NinjaTrader. Select the name, and it will use it on each signal.

The account will be SIM, PLAYBACK, LIVE, and the PROP FIRM account will work with it. Nexgen does not advocate breaking the rules of prop firms, so please check the rules.


The Soft Close Indicator

-----> Download it HERE

This is an indicator that one of Nexgen's programmers has allowed us to add to the strategy. It is a third-party indicator (functionality) and should be used with caution. To explain what it does, when you close a trade by using the CLOSE BUTTON provided by NinjaTrader 8, this will "disable" the strategy on your chart. Using the "soft close" button will close a strategy's position without disabling the strategy.


REQUIRED CFTC HYPOTHETICAL DISCLAIMER


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