walterw

Does someone have a pdf or document that clearly explains the famous Auction Market Theory ? would aprecciate that... cheers Walter.

example: a 233Tick chart from ts maybe you get 15ticks on IB...

hello guys : one comment that I believe its important to take into acct at this data feed / platform issues, and it is that IB tick data its not the same as esignal or TS... ticks on IB are not reliable data.... take that into acct... cheers Walter.

ok here is a version with 10 fixed levels as requested by Soul, enjoy cheers Walter. DELTA TTM DIV LEV 2B.ELD

Pivot : metastock programing can get very limited compared to TS... that was my experience... relationships between variables can eventually be conditioned to some amount... also there is no custom functions creation... etc etc etc.... once you programed on TS its dificult to get any better... cheers Walter.

ok Pivot, if you ever want to share does paintbars formulas I will be very pleased... (even maybe I can help you on the programing process) cheers Walter.

Pivot : do you have a shareable version of does mats (type) paintbars ? cheers Walter.

certainly ¡¡ I will prepare that some time tomorrow... cheers Walter.

Pivot : are does paintbars on TS ?

I am experimenting new ways to see internals in terms of charts, trying to get the best from them... in the case of trin I did this: a 2 tick chart of trin and added very simple but fantastic trend following indicators, donchian 40 and linear reg curve 9... about reading criteria: lr9 crossing donchian mid band is an important event.... also notice how lr 9 bounces the mid donchian... it has a very interesting performance... tell me guys what you think... cheers Walter.

what data feed are you using ?... I did have ts2000i when I started years ago... this file reading is on the software (non globalserver) when you create a chart it will ask you from what data source... you choose a file from a folder (metastock or ascii)... thats how it reads.... but its useless on real time...

Awesome ¡¡¡ like that red color ¡¡ I think someone who masters the markets deserves to drive something like this, dont you think?....

dove : I understand that TS can read a metastock file offline... as it can read an asci file... dont know that you can feed the globalserver with metastock data... lol

Something like this ?

Great Tingull ¡¡ it certainly looks good on IRT too, question : are you still looking on does inside bars breaks ? cheers Walter.

thanks Inside ¡¡ I will take a look at it... maybe we can replace that double data for close... question to metastock users : do you use two symbols together for this indicator ? spread type thing.... cheers Walter. also, can we see a screenshot from metastock, how it looks like ... thanks

sweet ferrari Tin, I see you have some good taste there... how about this german beauty...

Absolutly Yes ¡¡ Volume MUST confirm the breakout of this big consolidations.... otherwise trade a sweet fade.... good video Soul ¡¡ everyday I get more convinced of this perfect relationship between volume, delta and key levels.... they are so simple and reliable ... has made my life so simple cheers Walter.

ooops that video is for premium members...

OK Soul, this is the Delta Ttm Divergence with level filters that works fine (no glitches), as I stated previous , this level filter version will only plot the dots that are near to a level by a "factor" input... the default is 3 wich would represent a 3 points of YM.... for Russell would be 0.3 for 3 ticks factor wich is the distance above/ below level that this dots will be taken into acct...(you can play with this factor) as with the pivots indicator, inputs of previous day h/l/c must be entered, also todays mp levels (vah, val, poc) and there is 5 "fixedvalues" that can be used (optional) for sensitive levels that you want to monitor (fibonacci,vpc, etc) ... enjoy cheers Walter. DELTA TTM DIV LEV 2.ELD

Brown : you cant take into acct the green or red color on the volume histogram, that is just the relationship between open and close of the day (1 bar) , you have to relate pivots of price action going up or down, can you take a look at the bars between 3 and 4 ?.... you will notice price was going up while volume was going down... then inside 4 you will notice a nice drop (large bar) with high volume, we can consider that a volume surge or "selling climax" wich stalls the down move... notice price starts going up and volume on the next days also goes up... thats bullish you will then notice that from PIVOT TO PIVOT volume talks... maybe what you are missing is the reading from pivot to pivot.... (not each bar) hope that helps cheers Walter.

I think brown you are missing something there... and is the fact that a volume surge can also spot an extreme... once that happens you must re-start the reading of volume from the most inmediat context (volume levels) (actually this thread topic)... now this is not for newbees it takes screentime to read this... I am not that expert must confess... cheers Walter.

browsfan : from an intraday aproach its ok what you say, now its interesting to see sometimes the big picture too... and volume has a lot to say on this big picture... it even told us that there was an inminent downmove as there was no more important volume on the previous top up moves... I dont know if you looked this video http://www.traderslaboratory.com/forums/f66/warning-signals-volume-1286.html it can be very usefull to know in witch overall context your small intraday trading can be (I trade a 22 tick chart, very small trading) but now I take into acct this daily context information, I can know more the general bias of the market... cheers Walter.

sudha I think you should resolve the firewall issue... and that would be better than using a mediocre web chart.... some firewalls will let you run ok IB...

I dont know if you guys like cool cars, maybe we can share some nice models that appeal our senses.... so If we keep trading nice and smooth wich new car will you buy ? I start with this Peugeot 407 coupe... cheers Walter.