daedalus

Would there anyway to modify this to allow it to be backtested? Just was curious!

so what do we make the code into? Indicator?

Alright guys... I need some help here. I've got an idea to modify this indicator but don't know quite where to start. I think keeping trade of the B/A pressure in a market is ESSENTIAL. Obviously reading tape is important and can give you important information about what everyone is doing at a given time. My question is this. Would it be possible to modify this indicator to track only the B/A for lots over a specified size like you can with the Time and Sales windows in Tradestation? Basically, i'd like to modify the code to make an input available to specify, ok i only want to track lots in the market over the size of 20 contracts, etc. so that You could weed out the movements of the retail traders with this indicator and only track the smart money's movements within the market? Thanks for all of your help guys! Hope to hear back from you soon!

Thanks for posting this up. I've been intrested in tape reading for a long time if nothing else, as a way to manage trades i'm already in. I do have a couple questions. Is there anyway you can describe the purpose of brackets and are there any specific rule sets you look for in reading tape for entries? Also, with the recent huge volatility in markets like the ES, most of the lots being cleared are 10+... Hell I saw a 910 lot clear today. Do you modify your T&S in markets like this to filter out the "noise"? I guess, I kind of see where your going with your videos, and they are the best i've seen to date on this material. I'm just still a little confused on what the key things to look for are, and if there are specific setups you "see" in the tapes that I could look for? Thanks in advance for all of your help.

I've been searching for this indicator for literally a month now. There are some similar .eld's floating around, but they are not identical to the Scalper indicator. Yours is. Thanks so much!!!