BlowFish

Honvly I wonder if you are prepared to share the code? I never quite put the finishing touches on my version and it looks like you have. Understand if not of course.

Al Brooks is what you might call a short term price action trader. The first I had heard of him was here http://www.traderslaboratory.com/forums/f104/futures-i-trade-show-brooks-book-6008.html Not related to what is being discussed here but a couple of things he talks about resonated with me.

Thanks for taking the trouble to reply in detail. Cheers.

Thanks. When I dabbled with this before I noticed that when the market pauses (or even just slows) that the intensity at that time drops to zero. This is as you would expect if no trades cross the tape for a few seconds the intensity is zero at that moment in time. I presume you are setting a minimum threshold for the intensity itself? Did I ever ask if you smoothed? I think perhaps I did but can't recall an answer, that might be intentional of course I have a hunch smoothing and filtering are pretty important to get the best from this stuff. As a complete aside I wonder if you notice when these conditions tend to occur?

Thanks, pretty much as I guessed. I'd be interested if you see many failures as you are watching it real time. One of the greatest drawbacks (imho) of these sorts of chart are that they are real time only so you can't study historical charts. Maybe with NT 7.0.

If you had to recommend one Eiger which would it be? Need a book for the weekend. Actually probablly too late as I am leaving tommorow. I have Al Brooks book on order looking forward to that and it may arrive in time.

You will find it harder in a rampant bear. Some would argue this is a corrective leg of a bear so you may get an opportunity soon! 20 is quite a low sample size. Out of interest what sort of holding period? Not that that matters so much (apart from tying up your capital) obviously takes a bit longer to build up stats if your holding period is longer. How much are you prepared to risk on each trade 7% so far I guess. You might find this interesting TradersCALM - risk of ruin menu this is the key thing in trading. What are your criteria for buying? Fundamental, technical, something else? If the answer is with a pin in the paper the answer to is it luck question might become evident! Usually it is easy to make suggestions as more often than not people are clearly doing something 'wrong' or have unrealistic expectations. Generic 'take it slow' 'preserve your capital' type advice is always safe

Interesting charts UB you would have taken a couple of ticks heat on the last one haha I wonder what you mean by 'threshold' in this context. Minimum size? I guess you have seen the volume splitter thread? Some of these concepts are applicable in numerous applications. Finally I notice that there is always a lot more blue than red in your histograms which means that I might not have figured that Without completely giving the game away (though you have been quite generous so far) does the blue/red on the filtered chart represent the same as on the unfiltered ones? I seem to remember they always had more blue too.

Nice TT you would probablly enjoy UrmaBlumes threads particularly the trade intensity one. Similar concept. Leaving aside tradestations limitations I think there are issues with how some exchanges report bid and ask changes. I reckon they might be sampled, can't tell you why just a feeling. I have noticed some discrepancies in multicharts as well that I dont think can be accounted for satisfatcorily by the above. Don't have the inclination to investigate further right now.

Many exchanges have a mechanism to negotiate large trades outside the auction process (off exchange). These are reported however as single blocks on the tape. maybe it's that? You should find papers on the exchanges website or your broker should know (or be able to find out).

Nice Honvly, Where they soley based of intensity or did you have S/R levels or something? Are you looking at absolute values or relative, I notice some faint grid lines on the histogram and the trades all seemed +1000.

Does anyone bother rating anything but exceptional threads? I would simply have one gold star, or maybe two. Good and exceptional.....actually I would probably not have ratings at all though I guess its kind of expected on forums.

Congratulations. Only you can answer whether you are on the right path or whether you are lucky. How many trades? Statistically significant? Longs and shorts or both, Market has been rising for the period you have described. I would be cautious, how you deal with your first largish drawdown is likely to set the tone for your next phase of trading, have you had one yet?

Elovemer your assertion that cycles are different in bulls and bears makes sense to me though I don't profess to 'know Taylor' so can't comment whether it is 'pure'. Seems everyone can run a different book and still make it work. This leads me to suspect that the price action component is probably the key. As a lurker with no real agenda here it does seem that you are getting bent out of shape over this Monad did offer an olive branch early in the exchange which you pretty much ignored. Whoever started the pissing contest it seems that you are maintaining it . Hell you mention it in half a dozen or so of the last posts. Anyway I hope I am not fanning the flames here that's not my intention. Chill mate

Senility ...I'm thinking of Click&Buy :crap:

I just got this from one of me demo bookie accounts. Recently the NFA issued new regulations prohibiting traders from hedging (having long and short positions open on the same currency pair at the same time). We realize that said regulatory changes will affect the trading style of many customers. As a solution, IBFX's MultiTrader 4 allows users to easily manage multiple accounts at once; via this new trading tool you are able to go short in one account and long in another or vice versa! I didn't realise that the NFA regulated bookies!

I used ClickBank for a couple of online games (did a refund for one). I had no problem but have heard of people that have. I wonder if the domains to all those sites are registered to the same place? not interested enough to check it wiffs a bit to me and that's good enough.

I guess as this 'calibrates' itself you could use it on any correlated pair of instruments like I dunno DAX and ESTX?

Good for her! (Though i though it had a 60 day money back guarantee anyway?). There is something distinctly fishy about Fap you just have to look at all the 'independent' reviews. What is remarkable is if you search for 'FapTurbo scam' you find that there are a whole bunch of sites that are promoting it as the only system that is not a scam! There are even 'independent review' sites set up solely to promote it. Those guys must spend an enormous amount of time on underhand promotion.

Indeed though there is a place that he calls 'home'. There is vastly more discussion there though there are other venues that have long long threads. PM me artrading if you can not find more than you could possibly digest

In those days too. Interesting guy that's for sure.

I did check before commenting did you? how? The only sure way to test is using a packet sniffer and protocol analyser. I used WireShark or Ethereal with Winpcap. Sniffers are not bull they are the only way to see reliably exactly what is being sent back and forth to claim otherwise just shows inexperience. If you analyse the packets going back and forwards you will see there are is no code being sent back. Simple as that. What gets sent back and forth is the same regardless of whether you have a fresh install on the client with no studies or the most complicated workspaces you can imagine. Exactly what are you alleging is being sent back and how did you determine that? You are however correct they did change the DRM protocol in V 5.3 beta to check more aggressively though I think it will run in offline mode quite hapilly.

The Basics Of The Bid-Ask Spread

Maybe you are thinking of Paul Rotter aka 'the flipper'? He actually traded the Bund mainly and the Bobl and Shatz, all trade on Eurex too.

Here is a 'release' version of the second indicator that plots cumulative Delta. It actually fixes a bug that I have noticed in all indicators of this type where the delta is not calculated correctly for the first bar. This does not matter for oscillator type indicators as it will eventually calculate out however with absolute value types it permanently scews results. The scew is worse the larger the bar. This fixes is that (and is one of those gratifying moments you get from coding ) // // Plots Cumulative Delta // // Start at the begining of day and plot as a 'bar' // inputs: UpColor(darkgreen), DownColor(red), MaxBlock(9999), MinBlock(0), ResetDeltaEachBar(0); variables: MyVol(0), Block(0), color(yellow), firstrunthrough(true), intrabarpersist MyCurrentBar(0), intrabarpersist VolTmp(0), intrabarpersist Delta (0), intrabarpersist DeltaH (0), intrabarpersist DeltaL (0), intrabarpersist DeltaO (0); if firstrunthrough then begin // We need to do this in case indicator starts mid bar Voltmp = Iff(BarType < 2, Ticks, Volume); firstrunthrough = False; end; if LastBarOnChart then begin if CurrentBar > MyCurrentBar then begin VolTmp = 0; MyCurrentBar = CurrentBar; if ResetDeltaEachbar = 1 then Delta =0; DeltaO = Delta; DeltaH = Delta; DeltaL = Delta; end; MyVol = Iff(BarType < 2, Ticks, Volume); Block = Myvol - VolTmp; if (Block >= MinBlock) and (Block <= MaxBlock) then if Close <= InsideBid then Delta = Delta - MyVol + VolTmp else if Close >= InsideAsk then Delta = Delta + MyVol - VolTmp ; VolTmp = MyVol ; DeltaH = maxlist(DeltaH, Delta); DeltaL = minlist(DeltaL, Delta); if Delta <= Delta[1] then color = DownColor else color = UpColor; plot1(DeltaO, "DO",color); Plot2(DeltaH, "DH",color); Plot3(DeltaL, "DL",color); plot4(Delta, "DC",color); end;