Blu-Ray

You can't leave us hanging! What did he win with? Personally I would have put a bet in but not all in then you could see his reaction and possibly see the turn. Good play though:)

Welcome aboard ! Everyone's so helpful here, not afraid to share ideas and the videos are great. With 10 years of trading, hopefully you can share your experience with the rest of us. Cheers Blu-Ray

Thanks for saving that James, I lost internet connection half way through and missed the rest. Cheers Blu-Ray

A nice easy visual to see if there's more buyers than sellers. The green is the total volume, with the red the down volume and with them being overlapped you can always see how much buying compared to how much selling. Import the ELD and it will probably just show two lines. Just right click and format the indicator, switch the colour on the volume to green (down Volume already red). Then switch the style to histogram on both and adjust the weight of the lines. Remember to press the default button, so you only have to do this once. This only works on intraday data, daily charts don't work. Enjoy Blu-Ray UpDownInd.bmp UPDOWNINDICATOR.ELD

Thanks James Yes I've made it myself, but if you open the easy language it's simple really. I've searched all over for something like this, then it dawned on me this morning when I found out you could plot just the down volume only, so I just joined the two indicators together. Next mission is to see if I can get it to plot only the 10+ lots and above. Blu-Ray

James I've been after this type of indicator for ages now, even looked at the market delta indicator as that was the info I needed, how much volume up compared to volume down. Anyway, long story short, the green is the total volume, with the red the down volume and with them being overlapped you can always see how much buying compared to how much selling. Import the ELD and it will probably just show two lines. Just right click and format the indicator, switch the colour on the volume to green (down Volume already red). Then switch the style to histogram on both and adjust the weight of the lines. Remember to press the default button, so you only have to do this once. This only works on intraday data, daily charts don't work. Enjoy Blu-Ray UPDOWNINDICATOR.ELD

James Is this the kind of indicator your after? It's a little bit easier on the eyes than the last one. I've just figured this one out today and so far it looks good. Give me a shout if this is what your after. Cheers Blu-Ray UpDownInd.bmp

James Thanks very much for this indicator, as you mention, I'm also really looking forward to see how it reacts on key pivot levels. Cheers Blu-Ray

James Great transcript, sorry I wasn't there, but great read ! Just a few questions: Do you only use / trade off the tape around pivot points S/R levels, or do you find relevence elsewhere as well? What if you see a big lot trader come in on the buy side, but really it maybe the big money just covering their shorts? Is this where staring at the tape comes into it? Have you / Do you think it would be possible to scalp off the tape in the short term bracket as you mentioned ? Once again, great transcript. Cheers Andy

Tin I would recommend it for the charting software, as Gav says you only need to do 10 R/T's a month and you get the platform free. You can also get radarscreen free if you do the 10 R/T's. Even if you like ToS that much, you can just fund the account and do the minimum 10 contracts to get the platform for free. Andy