BlowFish

All I can think is that in very quiet sections of the forum they might only be a couple of pages back. Of course once they have been bumped it's pretty much impossible to tell. I dunno it's a bit of a mystery to me. Actually sometimes when its an 'olden but golden' thread and the new input is substantive it can be welcome. More often than not that is not the case though.

Search for threads By UrmaBlume here will give a reasonable starting point.

You did realise this thread has been dormant for 2 years right?

Some would argue that is curve fitting. All mechanical systems are prone to stop working. Some even start again. Some would also argue it requires quite a lot of skill and discretion to keep a system running well. Personally if I was going to approach something like this I'd be inclined to take something that is more based on market structure as a starting point. Maybe a Donchian channel or something....hmm that sounds familiar.

I think the issue is with InsideAsk and InsideBid. Essentially you are 'peaking' at those values (which fluctuate) at a moment in time. They are not synchronised with last in any way shape or form. You could mitigate any issues by storing those values as the first thing the study does. They will never be truly eliminated by using the InsideAsk InsideBid mechanism. You might be able to eliminate the issue completely by having last bid and ask as data1 data2 and data3 in the same chart.

Jimbo and Atrader have been around for donkeys years. I think it's more a tool for himself that he has generously made available than a big commercial thing. Maybe he plans to change that emphasis.

I guess it's all down to how Market Analyst defines a swing...%retrace...n bar high....n bar correction etc. Theres not that many ways it can do it. If you know that, it will be straightforward, if not it will require trial and error changing parameters. Pretty sure Clydes code is likely to be able to do it if you know the parameters to give it. It really does have just about every conceivable option for defining a swing. As Market Analyst proclaims a comprehensive set of Gann tools I wonder if it uses Gann's definitions of swings? They are pretty robust and available on the world wide interweb. Or maybe Ray writes about how he defines a swing somewhere? At the end of the day market structure is market structure after all.

Yes, and you can grab the time with more orders of accuracy than current technology provides in your event handler (using "DateTime.Now.Ticks")

Thanks for your input As I have said on several occasions I have no interest whatsoever in cloning your work, I'm just here to demonstrate principles that it is based upon so people can do the work for themselves. IF and when NT 7.0 has proper storage of all these events I might have a serious go at some studies. One advantage NT has is that it generates events with proper time stamps for trades and order book changes. TS order book best bid and best ask is something that you 'peak' at from a trade event unless I am mistaken. It's good to know that intrabar persist works as advertised. I had heard that there is a pretty serious issue with the granularity of time stamping ticks? It's academic to me as a Multicharts user. I do have a 'feeling in my gut' that there might be something a bit wierd with their implementation. Incidentally for serious research on this Neoticker might fit the bill. I believe it can be tricked into saving full order book information and it's tick precise technology will play this back into a chart tick by tick correctly synchronised with the trade data. If NT 7.0 doesn't deliver maybe time to dust off Neo. It's a superb product in many many ways but a bitch to learn to program. I guess I'd need to re-learn being as its been so long. Anyway thanks again Richard.

In the UK where they originated (or where they were adopted early at least) they seem to be largely superseded by spread betting which has tax benefits over CFD's

Tasuki. I have noticed odd discrepancies on different time frame charts. Might be a bug might be implementation. Did they distribute .DLL's when you signed up for the trial? Chances are that suffers the same too. Personally I don't think its that big a deal because a trade@bid or ask dosen't definitively tell you a thing about the participants whether they are opening or closing, whether they are buyers or sellers whether they are informed or not. One of the dis-services done by the vendors is they imply that they are. Still I have noticed discrepancies that may be due to how data is sent. I might have a go in Ninjatrader but probably not for a while.

This AM DAX a break out and pullback (not sure if AB would classify it as such) then a 2 legged correction to the BO point at the first arrow. There was then a second micro correction (WBW) and narrowing to the final BO. I entered first arrow and was getting impatient so was gone at the previous high <doh> bad . Didn't p*ss around in the mornings range good

It is worth adding that he only uses these to get positioned in the direction of the trend when the trend is strong (like Monad says near the open or strong break out) and a 5min L1 H1 correction looks unlikely. He strongly cautions against using these time frames generally ....I am not sure about hat particular advice yet *cough*

I may be wrong but I don't believe it's a book at all. Whether Street Smarts has a section on tape reading I couldn't say its one of the few 'mainstream' books I don't have in my Library.

Unless you are a scalper maintaining peak focus all day is probably counter productive. It's certainly needlessly tiring if price is points away from anywhere that requires your attention. Having said that if I sit down at the open (or before) and carefully focus on PA (or 'the flow' if you like) I seem to get a much better feel for what's going on. I find it much harder 'to snap into things' later. It's like joining your buddies for golf on the third hole or starting a race on the 5th lap. I wonder how easy people find it to shift focus? Is it just mental discipline...when the alarm goes off shut down everything and concentrate on the entry chart. Are you just good at multitasking, or maybe you exclude all potential distractions during the hours you trade? I guess if people use some sort of mechanical 'trigger' it makes things easier. I think there may be an argument for some people to remain fully focused and engaged with the market, not because it is required but because it minimises the risk of distraction. Apart from the various 'fears' allowing yourself to be distracted seems to be a common cause of CWS.

I like e-mini watch too. There is another thread here where people have talked about the code a bit. Better volume is kind of VSA meets Chaikin Moneyflow.

It seems to me that making sense of the order book is as much art as science. Personally I have not found much material that really explains things. There are a couple of old threads at ET sometimes things are mentioned here. There are a few books that deal with Nasdaq level II. None of it seems completely satisfactory to me. AS I said before I think just looking for a wall is simplistic, they get pulled as price approaches as often as not. Even when they don't they can get chewed through in seconds .....or not. Common sense says to me that unless you are a patient trader wanting to advertise that you are a buyer/seller at that price you would use an iceberg order. If you think about it there are pretty few times you would want to 'show your hand' if you had a large amount of inventory to move.

Lots of people (Multicharts users for example) don't have access to TS forums, so having an alternate source is handy. Just one thing Tams, this looks like it's a lot more than just a CCI, dont know if you can change the thread title.

Well as I plan a re-read I'll see if anything leaps out.

To be honest I haven't had a real close look at the EOT stuff :embarassed: Maybe one of these I'll take the trial. Hopefully NT 7.0 will allow this sort of stuff to work on historical data maybe then I'l pursue this type of indicator more seriously. If you can look at say 5 years of data page by page you can pretty quickly see if something has merit and fine tune it until it does or the concept falls apart. Being limited to live testing makes things kind of hard work!

What I would try is having a hidden data series of 15 minute bars (or 30 minutes if they fit the session exactly). Make that series hidden but extract the values from them. Plot a daily bar on top (or 1450 minute one or whatever it is for a day if TS wont let you mix day and intraday).

Another alternative to normalisation (which is what switching to a % based scaling does) is to use constant volume charts this has a similar effect to normalising. Just depends what you want to see - all the pros and cons that people use for bounded and unbounded oscillators could be used here. There is also an argument that if in any period 20,000 contracts are traded at bid and 15,000 are traded at ask that conveys something different to trading 400 at bid and 300 at ask. It might be argued the latter case is insignificant. Of course if you have a plain volume study on your chart you might not worry about absolutes. The last indicator I posted is all about absolute values though divergences and stuff still 'work'. The first was a more regular oscillator. I had specific things in mind when I produced them, the main one was to demonstrate concepts that might help people. Emulating the commercial ones at post 1 was not on the list. I still think people are getting somewhat seduced by the vendors gltitzy claims. If they where as half as good as those and even if they cost 10 times the price it would still be a no brainer to lease them right? Of course whilst I am sure they are quite credible we all know they are not. Getting back on track, we know what the core data and concepts are. All that 'it' (the secret sauce) can be is post processing - filtering, smoothing normalising etc. Fiddle with that until it all looks 'pretty'.

Yes Ensign does, and allows a fixed ratio of price <-> time too (actually that was at my request )

Google chrome gives me The website at Eminis Global contains elements from the site 21stseminarbookings.com.au, which appears to host malware - software that can hurt your computer or otherwise operate without your consent. Just visiting a site that contains malware can infect your computer. Might just be innocent tracking cookies (if thats not a contradiction) but I tend to respect these warning.

You can re scale NT price axis by left click and drag in the price area of the chart. It is pretty limited in scaling options though. It's interesting if you used fix scale you get a much better feel for how price is moving. Your perspective isn't constantly changing as the chart rescales. Momentum indicators become pretty much redundant for example as the length of bars clearly shows momentum/pace. I'd like to see a charting package that offers fixed scale and fills from left to right so it would be just like filling a sheet of graph paper. This adds another dimension of seeing exactly where you are in time by how much of the page is filled. There are some clear advantages to hand charting that have needlessly been lost in charting packages.