New Features in Investor/RT 9.1

[LS_Chad 10]

We are on the verge of releasing 9.1 and I wanted to start highlighting some of the new features to look forward to. We should have a beta ready next week, possibly early in the week. I'll be adding to the list below over the coming days.

 

1) Support for the TransAct/Infinity platform.

 

We are putting the finishing touches on the integration of Investor/RT and TransAct/Infinity data. We are excited about launching this combination in beta over the coming week. This should be a very powerful combination.

 

2) Ability to compute the average volume or average range of time periods throughout the day.

 

Over the years I've had a number of request along the following lines: "Is there any way for me to compute the average volume of the first 5 minutes of the session over the last 10 session (50 session, etc). Then compute the avg volume of the 2nd 5-minute period, etc. And then be able to compare the volume of that period today with the average to get a relative strength. I've no added options to Session Statistics indicator to do this type of per-bar averaging, and to do it not only on volume, but range, change, and many other criteria.

 

Below is an example:

 

http://www.charthub.com/images/2008/07/11/BracketAverages_2

 

 

These are 30-minute bars/brackets, showing the average ranges and volumes over a 50 day period of each 30-minute bracket. The relative strengths are also included (dividing the current value by the average, then multiplying by 100). From this chart, you can clearly see, not surprisingly, that the first 30 minutes of the session carries the heaviest volume and largest range (on average), followed closely by the 2nd 30-minute period.

 

3) Cloning Trendlines and extending them into the future.

 

Trendlines can now be easily cloned (duplicating the trendlines with those of same length and slope) and dragged so that the endpoints extend into the future (past the current bar).

 

4) Cumulative VWAP from any starting date/time

 

We've added the ability to create cumulative VWAP lines beginning at any past date/time and going to present. These can be easily duplicated/dragged/dropped for quick positioning at extreme highs / lows. These are useful for creating support and resistance lines during uptrend and downtrends when drawn from extreme lows and highs respectively.

 

5) Market Profile custom TPO sequence

 

Users may now specify their own sequence of TPOs instead of the standard ABCDEFGHIJKLMNPQ.... Users may specify not only letters, but numbers, or other characters such as +, -, $, #, etc. The sequence specified will be repeated if more there are more letters in the profile than specified. For instance, if a user specified simple "+" then "+" would be used over and over for each TPO. This new feature works well in conjunction with the ability to custom the color of each TPO. Here is an extreme example:

 

http://www.charthub.com/images/2008/07/09/myMP_2

 

 

[...more details and features coming tomorrow....]

Edited July 12, 2008 by LS_Chad

[Guest forsearch]

Awesome updates, Chad.

 

Couple of questions:

 

A. Will there ever be support for OEC / Open E Cry in I/RT or Market Delta?

 

B. Is there support for tick-by-tick data replay on demand ?

 

-fs

[LS_Chad 10]

forsearch,

 

I have now downloaded and taken a look at the API for open e cry. That could be in our near future but no guarantees.

 

Take a look at this video on global playback: http://www.linnsoft.com/videos/playback/

[Guest forsearch]

forsearch,

 

I have now downloaded and taken a look at the API for open e cry. That could be in our near future but no guarantees.

 

Take a look at this video on global playback: http://www.linnsoft.com/videos/playback/

 

Thanks - will do.

 

-fs

[LS_Chad 10]

Another note on the feature I mentioned above to "compute the average volume or average range of time periods throughout the day." This can be applied to any time-based periodicity, including minute bars, or second bars. You can also do averages of the cumulative values (volumes, ranges, etc) for the session, at each bar through the session. You can see a good example below which shows the 10 day averaging of the cumulative volume (3rd pane). You can clearly see from the curve how the volume ramps up in the morning, levels off around lunchtime, and then ramps back up into the close. The 3rd pane shows the relative strength...how the cumulative volume of the day measured up at each bar compared to the average volume at that point for the previous 10 days.

 

http://www.charthub.com/images/2008/07/13/VolumeAverages.png

 

[ammo 10]

have you tried weekly market profile charts with only 1st and last hour data?

[LS_Chad 10]

Here's an hourly chart showing the average volumes of each hour (10 day). I've flagged the first bar of each week. About 450,000 contracts, on average, trade during the first hour of the session for the ES.

 

[LS_Chad 10]

A new option has been added to the Zig Zag Indicator to allow users to automatically draw fib levels at users specified percentages. Also, the user now has the option to "box" each leg of the zig zag. Here is an example of both in action: