LS_Chad

http://www.screencast.com/t/BlKPUWVkS This video demonstrates how to chart indicators and signals related to Ichimoku Kinko Hyo on multi-pane charts in Investor/RT, including Tenkan-Sen, Kijan-Sen, Chikou Span, Senkou Span.

Here is a version that can be used in Investor/RT or MarketDelta: Images | ChartHub.com Pro version is required. To adjust the MA period, double-click on the red light color markers, then click "Edit", then double-click on the MA token in the upper right corner. Here is another version of that chart that gives red light/green lights for 6 different MA periods (From Top to Bottom: 5, 10, 20, 40, 80, 160); Images | ChartHub.com Another view with rectangles (and zoomed out) instead of ovals/circles: http://www.charthub.com/images/2009/04/27/RedLightGreenLight_4.png

Investor/RT is not a broker. Investor/RT is charting and analysis software. IRT gets fed realtime and historical data from a variety of data sources including DTN IQFeed, eSignal, TransAct/Infinity, Interactive Brokers. As far as tutorials, I would visit this page Investor/RT - Video Library and search the page for the word "profile" and watch each video you come across. That will give you a good understanding of what is available in IRT and how to use IRT's MP functionality. As for MP-based chat room, see these threads: http://www.traderslaboratory.com/forums/f6/market-profile-trading-room-3776.html http://www.traderslaboratory.com/forums/f6/jpjtrading-any-thoughts-2841.html http://www.traderslaboratory.com/forums/f6/market-profile-chat-training-rooms-2456.html

We've completed another round of enhancements to the Profile Indicator drawing tool. The video below highlights these improvements. Your feedback is welcomed. Profile Indicator Drawing Tool - Phase 2 This video demonstrates enhancements made to the Profile drawing tool in version 9.2.8 including an option to shade each price based on volume, easier dragging and manipulation, an open/close candle body, and more. Phase 2: Profile Indicator Drawing Tool - Phase 2 Phase 1: Profile Indicator Drawing Tool

We've completed another round of enhancements to the Profile Indicator drawing tool. The video below highlights these improvements. Your feedback is welcomed. Profile Indicator Drawing Tool - Phase 2 This video demonstrates enhancements made to the Profile drawing tool in version 9.2.8 including an option to shade each price based on volume, easier dragging and manipulation, an open/close candle body, and more. Phase 2: Profile Indicator Drawing Tool - Phase 2 Phase 1: Profile Indicator Drawing Tool

For any Investor/RT or MarketDelta users that are looking for ways to plot time-sensitive prices, watch this video: http://www.linnsoft.com/charts/KeyPrices.html

Pepperdog, I see what's causing the problem you describe with the button and I've fixed this for the next release. Thanks for pointing this out. I apologize for the inconvenience. At least now, it's easy to "select" the Profile indicator and then hit the delete key to remove it. To select, just click on the left edge of the right-most profile as shown in video. FYI, another thread was started on the Profile Indicator here. Chad

I've added an option to shade each price based on relative volume in the profile as seen below: A few items I intend to implement before next release: - ability to drag any edge or corner of the containing rectangle so you don't have to rely on the keyboard shortcuts for adjusting the range of bars. - info box in the upper right corner of the rectangle which can be easily toggle, which provides info such as volume of profile, volume of POC, range of profile, date/bar span of profile, etc. - some additional display options including an open/close (wickless) bar on left edge of profile (optional). - possibly some additional automated/dyanmic options for building profiles based on range/volume/price movement. Any suggestions are welcomed. Chad

We'll be releasing 9.2.7 officially either today or tomorrow. There's one new feature in particular I thought some of you might be interested in: Profile Indicator Drawing Tool This video demonstrates how to draw volume- or time-based profiles across any group of consecutive bars of any periodicity in multi-pane charts. It also discusses how to edit and manipulate these profiles, as well as how to add buttons that activate different profile settings. Also, those that have been waiting for tabbed workspaces in Investor/RT for some time might want to view this video: Layout Toolbar This video demonstrates how to use the Layout Toolbar to create and manage tabbed layouts (workspaces) in Investor/RT. Enjoy, Chad

FYI, if you're an Investor/RT or MarketDelta user, you can go to "Setup: Schedule" and create one or more schedules, that trigger at given intervals throughout the session (ever 30 minutes) or at specific times (10:30am and 1:00pm) and have the schedule trigger any sound (including custom .wav files that you produce) or various other actions (open specific chart, run a scan, etc). And you can create as many schedules as you wish. http://www.linnsoft.com/tour/schedules.htm Regards, Chad

I'm often asked if we have an "indicator" for divergence/convergence, and right now, the answer is no. So I'd like to open a thread to discuss how one would measure the divergence between price and any indicator (such as RSI), or between two indicators. In essences, how would you quantify divergence, on a bar to bar basis, between any two series of data points (whether that series be price data, volume data, or any technical indicator values). It is my understanding, that when looking for divergence, you would identify two consecutive significant highs (or significant lows), and look for price increasing between those two bars, while an indicators value decreased (or visa versa). The first question....do we really need a "divergence" value on every bar...or do we only need it on specific bars where these significant highs or lows occurred? And should that divergence just be "true" (we have divergence) or "false" (we don't) or should it have a magnitude? And can we calculate this value over a specific period, or is that period variable? This is what makes measuring/calculating divergence so difficult. It's easy to identify visually on a chart, but trying to put it into code is a different story. I'll begin the discussion by overly simplifying things: Here's an example that uses this custom indicator: (CL > CL.10) * (RSI < RSI.10) - (CL < CL.10) * (RSI > RSI.10) to measure divergence over a 10 bar period between price and RSI on a 3-min chart. The bottom pane shows the custom indicator giving us a value of 1 when we have divergence of price increasing over the 10 bars while RSI decreased, and a value of -1 when price decreased yet RSI increased: http://www.charthub.com/images/2009/03/24/Divergence.png Here's another, that puts some amplitude (change in RSI over 10 bar period) into the value of the histogram (bottom pane): http://www.charthub.com/images/2009/03/24/Divergence_2.png And here is the syntax for that custom indicastor: ((RSI.10 - RSI) * (CL > CL.10) * (RSI < RSI.10)) - ((RSI - RSI.10) * (CL < CL.10) * (RSI > RSI.10)) Again, I know this overly simplifies the concept, but something we can build on. I'm sure there are a few who have tackled this issue already that could weigh with some good insight. Chad

This video covers the process of importing lists of symbols into Investor/RT, downloading daily and fundamental data from Yahoo!, and creating and performing scans on that the imported list and data. It also discusses moving to the next level of performing intraday analysis on the candidates produced by the daily scans.

This video demonstrates how to make use of the Layout Toolbar to create tabbed workspaces and manage layouts in Investor/RT.

Johnny, This possible using the Profile Indicator available in our traditional Multi-Pane charts. Here is an example of a chart showing data from Jan 6 to Mar 6, 2009, displaying a volume profile for that entire cumulative period on the left of the chart: and another of wheat from Aug. 21 to Dec. 5: I've got an email into DTN trying to figure out why the volume is lagging during certain periods on that wheat continuous contract, but that demonstrates the concept. And you can do either volume or tpos-based profiles w/ VAs & POCs. You can learn more about the profile indicator, including videos, at this page: http://www.linnsoft.com/tour/techind/profile.htm Regards, Chad

Johnny, I just finished creating a video that demonstrates the ability to create composite Market Profile charts in Investor/RT (10 minute video). This should give you an idea of whether I/RT has what you're looking for: http://www.screencast.com/t/tgmzoL1UtI Incidentally, I forgot to mention in the video, a new feature (in 9.2.4) allowing you to plot long term profiles along the left and/or right of the chart, of any duration, on the same chart with the daily profiles. Regards, Chad

I assume this is calculating the ATR (of the periodicity the bars are set to), and there is probably an optional ATR multiplier involved (call it x). So when we're long (uptrend), you'd have: ATR_Stop = max(ATR_Stop.1, HI - x * ATR); once the low of a bar hits our ATR_Stop, we turn around and go short, and initialize ATR_Stop to: ATR_Stop = LO + x * ATR; and then maintain the ATR_Stop with: ATR_Stop = min(ATR_Stop.1, LO + x * ATR); on the way down until the high hits our ATR_Stop...and continue. This is very similar to the Parabolic SAR indicator you'll find in a number of products. http://www.linnsoft.com/tour/techind/sar.htm I could probably add this easily enough as a built-in indicator to Investor/RT, giving the user the ability to specify the ATR period and multiplier.

Gentlemen, This is not the place to debate the merit of Woodies methodology. Please start a thread outside of the Investor/RT forum if you wish to do so. Thanks, Chad

Making progress. Will be available in version 9.2 coming out next week. http://www.charthub.com/images/2009/02/20/WoodiesCCI

I spoke with Woodie today and after I receive and sign a non-disclosure agreement, he's going to share the details of the indicators mentioned above so I can incorporate them into Investor/RT and MarketDelta. I'll try to make this available in the next few weeks. I won't be able to share the details with you due to NDA (so please don't ask), but I/RT and MD users should have be able to chart all of Woodies indicators soon.

Honestly, I really don't know the answer to that. He does seem to have a pretty large following however, which is to some degree a measure of success. This thread is simply for trying to recreate Woodies chart in Investor/RT and MarketDelta. Let's try to limit the discussion in this thread to that if possible. There is another Woodies CCI thread I found on Trader's Lab that might be a better place for those types of questions: http://www.traderslaboratory.com/forums/f30/woodies-cci-technique-2103.html Thanks, Chad

I have begun a thread in the Investor/RT forum on creating Woodies CCI chart for Investor/RT or MarketDelta for anyone that might be interested: http://www.traderslaboratory.com/forums/f128/woodies-cci-chart-for-investor-rt-5409.html

I get frequent requests for Woodies CCI Chart from Investor/RT users, and I would like to put together an Invesetor/RT (and MarketDelta) chart which contains all of Woodies indicators and subsequently put together a web page which explains how to import and use this chart. I would appreciate any assistance in putting these indicators together. So let's just jump right into it. Woodies LSMA Indicator I had no problem implementing the LSMA Indicator which is green when price is above the 25 LSMA and red when below. Woodies Chop Zone Indicator (CZI) Quoting text from one of Woodies documents, "The Chop Zone indicator shows market direction. Blue shows up market and brown shows down market. Multiple colors show market in a sideways mode". Any help with the coding of this indicator would be much appreciated. Woodies Sidewinder Quoting text from one of Woodies documents, "The Sidewinder displays in three colors red, yellow, and green. The red shows a flat or non-trending market, the yellow shows a trending market, and the green shows a strong trending market." Again, any help with coding the Sidewinder would be appreciated. Woodies CCI From what I understand, Woody uses a bold black line to plot the 14 period CCI and a smaller red line to plot the 6 period CCI (also known as "Turbo"). This I was able to reproduce with no problem of course. Woodies' CCI Trend Time-bars Woody uses yellow, blue, and red histogram coloring to denote: - yellow gives us warning of trend (5 consecutive bars with CCI above or below zero line) - blue tells us we're in an uptrend (6 or more consecutive bars with CCI above zero line) - red tells us we're in an downtrend (6 or more consecutive bars with CCI below zero line) No problems implementing that as well. The chart below is what I've come up with to this point. Obviously I'm missing the chopzone and the sidewinder, and I would appreciated any help you can give me on those two. But otherwise, what else are we missing? Thanks in advance for any help. Also, is there a specific periodicity or group of periodicities that Woody trades? What instruments does he trade? And does he look at 24 hour data or just the days session? The chart below was built using 24-hour / globex data on the ES. http://www.charthub.com/images/2009/02/09/WoodiesCCI.png

While the classic MarketDelta Footprint chart does not provide rows for the cumulative buy and sell volume for each bar....version 9.3 which is currently available in beta, will have a new and greatly improved Footprint chart...which includes this functionality and a great deal more flexibility and functionality than was available in the classic Footprint charts. Here is an example:

We've added a few new features to version 9.3 (current in beta) that may be of interest to those who have participated in this thread. First, we added the ability to draw bars of any periodicity as volume profiles (as opposed to bars, candles, etc). Also, we've added two unique new periodicities that build off volume: Volume Breakout and POC Volume. I've created videos on both these features: Volume Profile Charting Style: http://www.linnsoft.com/videos/volume_profile/ New Periodicities: Volume Breakout and POC Volume: http://www.linnsoft.com/videos/volume_breakout/ Staying on topic with the volume bars, below is a chart with 50,000 volume bars on the ES. The Volume Profile let's you see within the bar to see how much volume traded at each price:

OK, the VWAP Oscillator has now been added as a built-in option (checkbox) for the VWAP indicator. When the oscillator checkbox is checked, you'll get a histogram showing displaying the number of standard devitions that price is above or below VWAP as seen in this chart: http://www.charthub.com/images/2009/01/05/VWAP_Oscillator.png Investor/RT 9.2 should be available within the next week or two.