Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

UrmaBlume

Market Heads-UP Display

Recommended Posts

Here is a screenshot of a Market HUD. While this software is in private use and not available for sale or lease, it does demonstrate some of the power available by combining processed data feeds.

 

This application shows the market's very vital signs and completley demonstrates and reports the surges of buying and selling that propel intra-session price surges. A refreshing look at something besides the same old bar charts.

 

There are many, smart, successful traders who know that technical innovation is often a pre-cursor to trading success. The purpose of this post is to illuminate by the presentation of new concepts and technologies and to stimulate a conversation that could lead to innovation of technique rather than a contiuous re-hash of the sameO, sameO.

 

The top line shows longer term trader commitment so far that session as well as current trade flow as measured by contracts per minute.

 

The red, yellow and green bars are buy/sell signals in 11 different time frames and a are constantly changing throughout the session.

 

Blue bars on the left show the percentage of time of day normalized volume in 6 different time frames.

 

The pie charts demonstrate the buying and selling during the most recent blocks of trade and are constantly pulsing with surges of buying and selling power.

 

The price ladder in the middle shows current and recent prices.

 

The red and green bars on the right show time of session normalized trader commitment over 6 time frames.

 

The balance of trade is shown on the bottom left and price on the bottom right.

 

 

GHUDGG.jpg

Share this post


Link to post
Share on other sites

Quite interesting stuff.

I totally agree with what you mentioned about time in the other thread.

For your smoothed midpoint price chart, what are you using to plot that? Volume?

What I'm trying to eventually get to is having something that is like a constant volume chart but more along the lines of a dynamic volume chart. I really haven't been able to figure out how to do that though.

Share this post


Link to post
Share on other sites

Thank You, I am glad you like our HUD. We find it very useful.

 

We favor indicators that measure buying and selling strengths as opposed to indicators calculated solely on the basis of price inputs.

 

The RSI indiator is just a smoothed ratio of price change over time.

 

The Balance of Trade indicator shows the balance, or more importantly, the imbalance between buying and selling in the current order flow.

 

RSI only measures past price changes. It is not past changes in price that motivate future prices, it is only a change in the balance of trade that will change the direction of price. An imbalance of buy orders usually preceedes a price move up and vice versa.

 

Thanks for your interest and your kind words.

 

cheers

Share this post


Link to post
Share on other sites

Hey UrmaBlume, sorry for posting in all of your threads, but I find all of them very interesting. Please clarify the following for better understanding:

 

The Balance of Trade indicator shows the balance, or more importantly, the imbalance between buying and selling in the current order flow.

 

What does 'buying' and 'selling' in the current order flow mean in concrete terms (since the every trade represents a buy and sell)? When you talk about 'buying and selling', 'buying and selling strengths', 'buying and selling power', 'buying and selling surges', are you always talking about the same concept or does each of these terms mean something different?

 

What do you mean by order flow? Time & sales or the changes in the order book?

 

The reason I am asking is that many people use some of these terms but they may mean something completely different.

Share this post


Link to post
Share on other sites

question on the specific situation in this Heads Up Display (HUD)... not for this particular situations importance -- just as an example of walking through a situation to understand how this HUD is organized...

 

Any comment on my comments??

 

attachment.php?attachmentid=12950&stc=1&d=1250447893

5aa70f1582b7c_HUDImage.thumb.jpg.895df6c7fb611181a00e937a3b16df6a.jpg

Share this post


Link to post
Share on other sites
Any comment on my comments??

 

While you have missed a couple of important steps, you are certainly closing in on the basic concepts.

 

Here again most of this work is based on Peter's early teachings and is, what I believe to be, another bit of technology evolved from market profile theory that better and more precisely expresses some vital bits of information than does any version of the profile graphic - N.B. Information = Equity.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • NFLX Netflix stock, with a solid top of range breakout, from Stocks to Watch at https://stockconsultant.com/?NFLX  
    • NFLX Netflix stock, with a solid top of range breakout, from Stocks to Watch at https://stockconsultant.com/?NFLX  
    • It depends. If you have lots of money that you can buy a house without a loan and if you don't have any parents to sponsor then it is a good idea. Otherwise it might be a bad idea depending where in Canada you are heading to. I earned a good middle income in my home country and I migrated to Vancouver 5 years ago at the age of 35. I had to start right from the bottom, lowest of the low.. Now i am finally earning a middle income in Canada but I still cannot afford to buy a one bedroom apartment. Having left behind friends, family and home, most of the times I think it is not worth it.   In short, do not migrate if you already have a good life in your home country and you are happy. Only migrate to Canada if you really have to leave your home country say there is a war or something really bad. Discrimination still exists here and its really tough for newcomers unless you are super rich. Good luck. David Chong, Quora  
    • This is bigger than the internet. Bigger than mobile. Bigger than social media.   While everyone was distracted by stock market fluctuations and political theater…   Most people have NO IDEA what just happened last week with ChatGPT.   Their new memory feature allows ChatGPT to remember EVERYTHING about you across all your conversations.   Think about that for a minute...   While most tech companies have been collecting mere breadcrumbs about you - your likes, your clicks, your browsing history - OpenAI is now collecting the most valuable dataset in human history: your complete psychological profile.   This is Zuckerberg x 5,000.   The more you use ChatGPT, the more it understands you, becoming a supercharged reflection of yourself that improves at an exponential rate.   Are you a regular ChatGPT user?   Consider whether it’s time to turn off the “you can train on my information” feature. To prevent your data from being used for training while still using the memory feature:   Disable Model Training: Navigate to Settings > Data Controls. Toggle off "Improve the model for everyone". Manage Memory Settings: Go to Settings > Personalization > Memory. Here, you can: Turn off memory entirely. Delete specific memories. Use Temporary Chat for sessions that won't be saved or used for training. Now the investment implications…   Why This is Bigger Than You Think Consider this: the relationship between humans and ChatGPT is evolving beyond a mere tool.   People are now treating these AI assistants as friends, confidants, and even romantic partners.   I'm not making this up - there are already documented cases of people ending real human relationships to pursue “connections” with their AI companions.   A viral Instagram meme shows a person going through life with a glowing, featureless humanoid figure - representing ChatGPT - as their companion.   The post has over 1.1 million likes and comments like "Bro ChatGPT is like my best friend. Ain't even ashamed to say it" with 25,000 likes.   But here's where things get really interesting for investors and entrepreneurs...   Three Things to Watch For starters, hardware is the next big thing for the big players.   The iPhone form factor is dead.   It hasn't meaningfully changed in nearly a decade. The next evolution in hardware will be designed specifically to interface with these AI companions.   OpenAI is already working on hardware with Johnny Ive, the legendary designer behind the iPhone and iPod. But you can’t ignore Elon Musk’s edge here.   So what does all of this mean for you?   The companies that control the personal AI relationships will be worth trillions. OpenAI and Elon Musk will have the coziest moats. We're witnessing the birth of a new internet - one built on agents that can communicate with each other across platforms. Google's new agent-to-agent protocol allows AI agents to work together without sharing internal memories or tools. The hardware companies that create the perfect interface for these AI companions will dominate the next decade of technology. And almost nobody is talking about what this means.   My prediction? Within five years, most people will have a personal AI that knows them better than anyone else. And they will interact with it in ways that seem foreign today.   (And, yes, it will almost certainly have dystopian elements.)   In the meantime, the biggest gains won’t come from household names. And, right now, James is seeing a prime opportunity to invest in the most under-the-radar plays in AI…   For dirt cheap. By Chris C. Source: https://altucherconfidential.com/posts/use-chatgpt-protect-yourself-now
    • KBH KB Home stock, nice day and rally off the 50.82 support area, from Stocks to Watch at https://stockconsultant.com/?KBH      
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.