TOMbars2 – The Oil Money
Archive
Blog Archives

DT University

How-To videos, additional resources, useful and helpful tips.

We recommend watching the videos in full view HD.

1

Double Tail - Use 1

2

Double Tail - Permissioned Entry Bars

2nd Wave Trading

2nd Wave Trade 0.16.17


2nd Wave Trade 01.18.17


2nd Wave Trade 01.18.17


2nd Wave Trade 01.21.17


2nd Wave Trade 02.01.17


2nd Wave Trade 02.07.17


2nd Wave Trade 02.23.17


2nd Wave Trade 02.23.17 (second trade)


2nd Wave Trade 02.24.17


2nd Wave Trade 03.07.17


2nd Wave Trade 03.08.17


More Coming Soon!


2nd Wave Trade Examples

CL 03-17 5 TOMBars2

CLICK TO ENLARGE

GC 04-17 5 TOMBars2

CLICK TO ENLARGE


Pre and Post Trade Check-List

One of our members Taylor W. created this image that I found to be very useful especially for beginners to hone their discipline and make sure to not enter a trade until they have gone through their check list to make sure the market and chart conditions are optimal.

You can’t take every signal, every signal will not be a good trade. But if you take a signal that comports with your check list, almost every trade you take will be a winner. There are exceptions and there will be losing trades, what we are after is the HIGHEST PROBABILITY TRADES possible and that is what you get with Pivot-Scalper-2 especially when you incorporate this Traders Check List into your game.

Pilots have a Pre-Flight Check-List

Doctors have a Pre-Surgery Check-List

Race Car Drivers have a Pre-Race Check-List

Lawyers have a Pre-Trial Check-List

Now you have a Pre and Post Trade Check-List, USE IT…

CLICK TO ENLARGE

CLICK TO ENLARGE

This image shows two perfect Pivot-Scalper/Double-Tail entries. These kinds of signals will result in winning trades 99% of the time. If you are patient and wait for them, you will be a big winner.

If you chose to trade Double-Tail without a Pivot-Scalper Arrow, that’s cool to but make sure you are only entering on a Higher Pivot Low or a Lower Pivot High in an established trend and you will be good.​

CLICK TO ENLARGE

Click to Enlarge

DT Settings

Combining Indicators?

Double Tail (DT) and Double Tail Template are to be applied to its own chart.

PIVOT SCALPER USERS: Do NOT combine Pivot Scalper to the same chart using Double Tail. You will see candles on top of candles - looking weird and confusing.



Chart Settings

The default settings for the Double Tail Template are designed to give you optimal results with your Pivot Scalper.

Step 1 : Open Chart Data Series Window

To apply / set your Template to a New Chart, open a new chart (Control Center >> File >> New >> Chart). A Data Series window will open. In this window, you usually select your Instrument and contract, please do that, and on the bottom right corner of the window you'll an option for a drop down menu labeled: Load The Following Chart Template. Click on that drop down menu and select DT PS (this is the Double Tail Template). Reference the image below to get a visual of this selection.

Click to Enlarge

To apply / set your Template to an already existing Chart you need to Right-Click on the chart to open a menu. From that menu go down to Templates >> Load and a small window will popup. It is in that popup window you will select DT PS (Double Tail Template) to be applied to your chart. See image below for reference.

Click to Enlarge

And that is it! It's a fairly simple process to add the DT template to a new and or an already existing chart.

DT Template Installation

DOWNLOAD & INSTALL

Double Tail Template [Release Date: 07.27.16]



Download file contains the following DT Template Name: DT-PS-072716

Double Tail Template Installation

Installing the .xml file is different. Be sure that your NinjaTrader is not launched; if it is then close out your application. You will need to locate the .xml file in your computer in preparation to move it to its new location.

Click to Enlarge

Again be sure you locate the .xml first before moving onto the next step.

Once you've located your .xml file, take a moment to open another window and make your way to your NinjaTrader Templates. The system path will show: Documents > NinjaTrader 7 > Templates > Chart

Working between both windows, you will click and drag the .xml file from its location and place it into the folder labeled CHART within the Templates folder.

Click to Enlarge

And that is it! It's really that simple. Below is a video demonstrating the steps.


In the Settings process you will learn how to apply the new Double Tail Template to your charts.

Double Tail

Welcome to Double Tail for NT7!

At this point you should have already downloaded and install this product; along with have your machine ID activated for this product.  If you have NOT done any of that, you will need to stop and do those steps first. 

Double Tail for NT8? Click on NT8 DOWNLOAD & INSTALLATION Procedures within the Legacy Products menu within the footer below.

TOMbars2 Validation

Validating Your TOMbars2 for LTE

Step 1 : Launch NinjaTrader Software / Application

Launch your NinjaTrader software / application. The first window it brings up is the Control Center.

Step 2 : Connect to Your Data Feed Provider

You will need to be successfully connected to your Data Feed provider so that your charts will populate with candles. Follow this path.

CONTROL CENTER >> FILE >> CONNECT >> (select your provider)​

Your Data Feed Provider

This is something that needs to be established when you have installed NinjaTrader's software / application. If you have not done this, please refer to the Activation Process >> Step 2.

Step 3 : Open a New Blank Chart

In the Control Center window, click on FILE >> NEW >> CHART

CLICK TO ENLARGE

Step 4 : Data Series Window

The Data Series window will automatically open. You will need to select an instrument to put in the chart. You can select ANY instrument you want. Ideally, just to get the Validation and Setting done, pick: CL or ES or NQ.

Selecting an Instrument

From within the top left section of the Data Series window, click on the instrument of your choice, just once. Then down below click NEW. You will see the instrument you picked is now showing in the bottom left section of the Data Series window.​

CLICK TO ENLARGE

Step 5 : Validating Your Indicator

You will need to validate your indicator in order to use it on a chart. With the DATA SERIES WINDOW still open, go to the top right section labeled: PERIOD, there you will modify the TYPE. To modify the TYPE, click on MINUTE (to the right of TYPE) to enable the drop down menu.

CLICK TO ENLARGE

Selecting an Instrument

In the drop down menu scroll down to locate the indicator: TOMbars2. Click on TOMbars2.

CLICK TO ENLARGE

Your Validation Code

For this next step you will need your TOMbars2 validation Code provided below.

IMPORTANT: If you have more than one machine ID activated, then pay close attention to which code is assigned to which machine ID.

Your Product Information

Name:
Email:

Machine ID 1:


TOMbars2 Code:


Machine Type 1:

Machine ID 2:


TOMbars2 Code 2:


Machine Type 2:

IMPORTANT!! Each computer must have it's machine ID activated to use our products.
If you have not been activated please do so now

Entering Your Validation Code

You can enter the validation by copy & pasting.

Validation Code - Copying

Simply DOUBLE CLICK on the Code, to highlight. Once it is highlighted you may copy it one of two ways: 1.) Right click on the highlight to open the menu options and select COPY, or, 2.) on your keyboard hit and hold CTRL, and with CTRL held down click the letter C [to copy]; then release. Either way will copy whats highlighted.

Now to Enter the Validation Code

In the PERIOD section, look for the row labeled: BRICK SIZE. By default it is set to 5. You will enter the Code here. Remove the 5 and enter (paste) the Code - be careful to not add any blank spaces before or after the code, this will make the validation process not work correctly.

Pasting the Validation Code

You can paste the code one of 2 ways: 1.) Right click on the highlight to open the menu options and select PASTE, or, 2.) on your keyboard hit and hold CTRL, and with CTRL held down click the letter V [to paste]; then release. Either way will paste the highlighted.​

CLICK TO ENLARGE

Completing the Validation Process

After you've entered the Code, on the bottom left of the DATA SERIES window is the OK button. Click OK to close the window. This will also trigger the chart to pull the data feed from your provider and populate the chart with candles.

Step 6 : You're Finished with the Installation and Validation Processes

It is always a good habit to relaunch your NinjaTrader just after importing a new .zip file. Shut down and exit your NinjaTrader. As NinjaTrader shuts down, a window will pop up giving you options to save or not save. You will need to select YES TO ALL. This will allow NinjaTrader to register the newly installed (imported) .zip files.

Step 7 : Completed the Validation process

After you've completed the Validation process you can move onto the LTE - KSTRATS.

TOMbars2 Installation

DOWNLOAD & INSTALL TOMbars2

Step 1 : Download the .ZIP File(s)

Download all the .zip file(s) to your local machine (computer). If you are prompted with an option to save, select "SAVE AS" so that file is saved with its original name. NEVER OPEN OR UNZIP ANY OF THE .ZIP FILE(S).

TOMbars2 v2.0.0 [Release Date: 06.08.16]

CLICK HERE TO DOWNLOAD .ZIP FILE

REMEMBER!!! NEVER OPEN OR UNZIP ANY OF THE .ZIP FILE(S).

Step 2 : Locate the .ZIP File(s)

To prepare yourself for the installation (import) process, you will need to know where you downloaded the .zip file(s). Take a moment to locate them in your computer. Make a (mental) note where you found them, you will need them later in the install (import) process.

Step 3 : Launch NinjaTrader Software / Application

Launch your NinjaTrader software / application. The first window it brings up is the Control Center. It is here, in the Control Center, you will import the .zip file(s).

Step 4 : Import the .ZIP File(s)

In the Control Center window, click on FILE >> UTILITIES >> IMPORT NINJASCRIPT.

CLICK TO ENLARGE

Step 5 : Pop-up Message During Import

By NinjaTrader default a message window will pop up with a general warning about importing file(s). Click on YES.

CLICK TO ENLARGE

Step 6 : Locate the .ZIP File(s) You Downloaded

A new window will open for you to locate the .zip file(s). Click on the .zip file you wish to install and at the bottom of the window click OPEN. The window will disappear and this will trigger the installation into NinjaTrader.

ATTENTION: Only one .zip file can be installed at a time.​

CONFIRMATION OF INSTALLATION (IMPORT): NinjaTrader will pop up a message confirming the import was successful.

CLICK TO ENLARGE

ERROR OCCURS WHEN IMPORTING (INSTALLING): If you receive an error when installing (importing) the .zip file, then you will want to take a snapshot of the error and submit a ticket with NinjaTrader's Support. You will want to give NinjaTrader's Support an opportunity to resolve the issue that created the error. You can reach NinjaTrader's Support via their site >> NinjaTrader Support

CLICK TO ENLARGE

After you have resolved your issue with NinjaTrader's Support, you may continue to the next step in your installation process.

Step 7 : Got More than One .ZIP File to Import (Install)

If you have to install (import) other .zip file(s), then you need to REPEAT STEPS 4-6 for each .zip file.

Step 8 : Installation (Import) of .ZIP File(s) Completed

It is always a good habit to relaunch your NinjaTrader just after importing a new .zip file(s). Shut down and exit your NinjaTrader. As NinjaTrader shuts down, a window will pop up giving you options to save or not save. You will need to select YES TO ALL. This will allow NinjaTrader to register the newly installed (imported) .zip file(s).

CLICK TO ENLARGE

PS2 University

How-To videos, additional resources, useful and helpful tips.

We recommend watching the videos in full view HD.

1

Pivot Scalper 2 - Use 1

3

Support & Resistence

5

Pivot Scalper 2 - Use 4

2

Pivot Scalper 2 - Use 2

4

Pivot Scalper 2 - Use 3

6

Money Management


Pre and Post Trade Check-List

One of our members Taylor W. created this image that I found to be very useful especially for beginners to hone their discipline and make sure to not enter a trade until they have gone through their check list to make sure the market and chart conditions are optimal.

You can’t take every signal, every signal will not be a good trade. But if you take a signal that comports with your check list, almost every trade you take will be a winner. There are exceptions and there will be losing trades, what we are after is the HIGHEST PROBABILITY TRADES possible and that is what you get with Pivot-Scalper-2 especially when you incorporate this Traders Check List into your game.

Pilots have a Pre-Flight Check-List

Doctors have a Pre-Surgery Check-List

Race Car Drivers have a Pre-Race Check-List

Lawyers have a Pre-Trial Check-List

Now you have a Pre and Post Trade Check-List, USE IT…

CLICK TO ENLARGE

CLICK TO ENLARGE

Screenshots / Examples

CLICK TO ENLARGE

CLICK TO ENLARGE

CLICK TO ENLARGE

CLICK TO ENLARGE

CLICK TO ENLARGE

CLICK TO ENLARGE

PS2 Settings

Combining Indicators?

Pivot Scalper is to be applied to its own chart.

DOUBLE TAIL USERS: Do NOT combine DOUBLE TAIL to the same chart using Pivot Scalper. You will see candles on top of candles - looking weird and confusing.



Settings

Chart Settings

You can use the settings in the video to setup your Pivot Scalper. The setup is your Basic setup and is ideal / recommended for you to use with your Pivot Scalper.

Basic Chart Settings for Pivot Scalper
This Basic setup is ideal and suggested for you to use with your Pivot Scalper.

Settings to Use
Use the image below to match your settings accordingly in the Indicator's window for Pivot Scalper.

Step 1 : Open the Indicators Window

To apply / set your Indicator, open the Indicators Window. You can do this one of 3 ways:
1.) Right click on chart - select Indicators,
2.) Use hotkeys: CTRL + i , or
3.) Click on the Indicators icon at the top of the chart

Step 2 : Modifying the Settings

NOTE: Be sure you clicked on Pivot Scalper in the bottom left section of the Indicators window to be able to modify the settings. Use the image below to match your settings accordingly.

CLICK TO ENLARGE

Step 3 : Applying Your Settings

After you've updated / modified the settings as instructed, click on the APPLY button at the bottom of window and then click OK to close it. The chart will reload with the new settings.

Having an issue?  Troubleshoot it with the helpful tips and resources below.

I'm getting a blank Chart

I cannot find TOMbars2

I'm getting an error pop up message

PS2 Installation

DOWNLOAD & INSTALL

Step 1 : Download the .ZIP File

81031C7E3C6D431AB5C4C776287BBC86

The Download file contains the following :

NOTE: Access and Activation to an indicator is based on you having an active subscription to that particular indicator.  We CANNOT activate products that you are not actively subscribed to.  Please consider this when you apply an indicator to your chart.

TOOL NAME

MODULE VERSION

TOOL TYPE

TOM_AdvancedPivots

2.7.2.5

Indicator

TOM_DT_PS​

2.7.1.9

Indicator

TOM_mocD​

1.7.0.5

Indicator

TOM_PivotScalper1
TOM_PivotScalper2

TOM_PivotScalper3

1.7.0.3
2.7.0.12
3.7.1.1

Indicator
Indicator
Indicator

TOM_PS3_Helper_Basic

1.7.1.3

Strategy

TOM_PS3_Helper_Journeyman

1.7.1.3

Strategy

TOM_Smooth

1.7.0.2

Indicator

TOMBars2 (Custom9)

2.7.0.3

Custom Bar Type

Z_PS3aPS

1.7.0.2

Indicator

Step 2 : Locate the .ZIP File

To prepare yourself for the installation (import) process, you will need to know where you downloaded the .zip file. Take a moment to locate them in your computer. Make a (mental) note where you found them, you will need them later in the install (import) process.

Step 3 : Launch NinjaTrader Software / Application

Launch your NinjaTrader software / application. The first window it brings up is the Control Center. It is here, in the Control Center, you will import the .zip file.

Step 4 : Import the .ZIP File

In the Control Center window, click on FILE >> UTILITIES >> IMPORT NINJASCRIPT.

CLICK TO ENLARGE

Step 5 : Pop-up Message During Import

By NinjaTrader default a message window will pop up with a general warning about importing file. Click on YES.

CLICK TO ENLARGE

Step 6 : Locate the .ZIP File You Downloaded

A new window will open for you to locate the .zip file. Click on the .zip file you wish to install and at the bottom of the window click OPEN. The window will disappear and this will trigger the installation into NinjaTrader.

CONFIRMATION OF INSTALLATION (IMPORT): NinjaTrader will pop up a message confirming the import was successful.

CLICK TO ENLARGE

ERROR OCCURS WHEN IMPORTING (INSTALLING): If you receive an error when installing (importing) the .zip file, then you will want to take a snapshot of the error and submit a ticket with NinjaTrader's Support. You will want to give NinjaTrader's Support an opportunity to resolve the issue that created the error. You can reach NinjaTrader's Support via their site >> NinjaTrader Support

After you have resolved your issue with NinjaTrader's Support, you may continue to the next step in your installation process.

Step 7 : Installation (Import) of .ZIP File Completed

It is always a good habit to relaunch your NinjaTrader just after importing a new .zip file. Shut down and exit your NinjaTrader. As NinjaTrader shuts down, a window will pop up giving you options to save or not save. You will need to select YES TO ALL. This will allow NinjaTrader to register the newly installed (imported) .zip file.

CLICK TO ENLARGE

Pivot Scalper 2

Welcome to Pivot Scalper 2 for NT7!

At this point you should have already downloaded and install this product; along with have your machine ID activated for this product.  If you have NOT done any of that, you will need to stop and do those steps first. 

Pivot Scalper 2 for NT8? Click on NT8 DOWNLOAD & INSTALLATION Procedures within the Legacy Products menu within the footer below.

1 2 3
>