Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

cunparis

Pace of Tape - Measure Trade Intensity to Detect Reversals

Recommended Posts

Wow you guys are amazing for trying to decode this indicator and make it work for TS. I have been wanting to find an indicator like this for some time but am a complete beginner when it comes to programming. I simply use time and sales normally, but this would make life so much easier and more efficient. Anyway, Tams are you saying that if one downloads the DLL file in this thread, that it's possible to get this to work in Tradestation? If so, what excactly would I need to do after I download the indicator? Also, any idea how this code might work for Investor RT/Linnsoft. Thanks!!!

Share this post


Link to post
Share on other sites
... If so, what excactly would I need to do after I download the indicator? ...

 

the exact thing you need to do is to read the instructions.

Share this post


Link to post
Share on other sites
Wow you guys are amazing for trying to decode this indicator and make it work for TS. I have been wanting to find an indicator like this for some time but am a complete beginner when it comes to programming. I simply use time and sales normally, but this would make life so much easier and more efficient. Anyway, Tams are you saying that if one downloads the DLL file in this thread, that it's possible to get this to work in Tradestation? If so, what excactly would I need to do after I download the indicator? Also, any idea how this code might work for Investor RT/Linnsoft. Thanks!!!

 

I may work on a Tradestation version since i use TS for my charting. Right now I have my PoT chart on ninja out of necessity.

 

For IRT it's not possible without coding it in C/C++ via the SDK. I need some kind of example project for Visual Studio in order to do it and so far I haven't found an example like that, just the C code which is pretty ugly.

Share this post


Link to post
Share on other sites

For anyone using Investor/RT or MarketDelta, you can import this chart. It uses the VB indicator to sum the ticks of last 12 bars on a 5-second chart...so it essentially gives you the trade pace (tick count) of each minute with on a 5-second moving window.

 

Images | ChartHub.com

 

TradePace_2.png

Share this post


Link to post
Share on other sites
I don't believe it will work in TS, or at least I don't believe it will be accurate, because TS only has 1 second resolution on the bars.

 

Thanks for the MC binary file.

 

 

Sorry, TS from flintstone times has MINUTE timestamps for EL code commands.

Try to code TL's on tick charts ... what a blame for TS.

 

-swisstrader

Share this post


Link to post
Share on other sites

Both TS and MultiCharts have not yet done the proper work to be capable of Cumulative Delta BID/ASK differential work which needs the lower time frame resolution. We will see if these companies can at some point get it done.

 

For robust pace of tape or trade intensity capabilities, you really need to dig into the trades per minute analysis as you measure at the sub second levels. The bursts of order flow you are looking to identify jump to trades per minute levels that are well above typical intraday rates of trade (well over 4 times the normal multiday average trade rate). Obviously a 40,000 contracts per minute rate of trade in the ES is never maintained for a full 60 seconds (per minute measurement).....but that rate of trade burst may last for 1 to 3 seconds (in single or multiple waves).

 

This is actually not that hard to build for contracts per minute rates of trade, but all the signals you get is where the real work is involved (the filtering of all the various signals). I found one very robust filtering mechanism for the ES, TF, YM signals that I am getting ready to deploy, and I have found a separate filtering mechanism for most all other futures contracts (CL, DAX, ZB, TY, etc).

 

Cunparis you are doing some great work and I think you will figure out some good methods to advancing what you have built so far.

Share this post


Link to post
Share on other sites

How can i get the paceoftape code in ELD or text format? I can probably make it work in TS, at least as best as it can, and would be glad to post it if I could get the code.

Thanks.

Share this post


Link to post
Share on other sites
How can i get the paceoftape code in ELD or text format? I can probably make it work in TS, at least as best as it can, and would be glad to post it if I could get the code.

Thanks.

 

Did you go through the thread from the start? Most of the discussion concerns easylanguage.

Share this post


Link to post
Share on other sites
is this now a potential with TS 9.2?

 

I no longer have TS so I don't know, but if 9.2 has second or greater precision on the timestamps (TS 8 had 1 minute precision) then it should be possible.

 

:helloooo:

Share this post


Link to post
Share on other sites

I cannot get it to work in NinjaTrader and tried in MC but crashed. What am I doing wrong? "This application must close - exception code 0xdead1ccc" and the entire application closes. Thank you.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ELV Elevance Health stock, watch for an upside gap breakout at https://stockconsultant.com/?ELV
    • ORLY OReilly Automotive stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?ORLY
    • Date: 28th March 2025.   Market Selloff Deepens as Tariff Concerns Weigh on Investors     Global stock markets extended their losing streak for a third day as concerns over looming US tariffs and an escalating trade war dampened investor sentiment. The flight to safety saw gold prices surge to a record high, underscoring growing risk aversion. Stock Selloff Intensifies The MSCI World Index recorded its longest losing streak in a month, while Asian equities saw their sharpest decline since late February. US and European stock futures also signalled potential weakness, while cryptocurrency markets retreated and bond yields edged lower. Investors are scaling back their exposure ahead of President Donald Trump’s expected announcement of ‘reciprocal tariffs’ on April 2. His latest move to impose a 25% levy on all foreign-made automobiles has sparked fresh concerns over inflation and economic growth, prompting traders to reassess their strategies. Investor Strategies Shift Market experts are adjusting their portfolios in anticipation of heightened volatility. ‘It’s impossible to predict Trump’s next move,’ said Xin-Yao Ng of Aberdeen Investments. ‘Our focus is on companies that are less vulnerable to tariff policies while taking advantage of market dips to find value opportunities.’ Yield Curve Signals Economic Concerns In the bond market, the spread between 30-year and 5-year US Treasury yields widened to its highest level since early 2022. Investors are bracing for potential Federal Reserve rate cuts if economic growth slows further. Long-term Treasury yields hit a one-month peak as inflation risks tied to tariffs spurred demand for higher-yielding assets. Boston Fed President Susan Collins noted that while tariffs may contribute to short-term price increases, their long-term effects remain uncertain. Gold Hits Record High as Safe-Haven Demand Rises Amid market turbulence, gold prices soared 0.7% on Friday, reaching an all-time high of $3,077.60 per ounce. Major banks have raised their price targets for the precious metal, with Goldman Sachs now forecasting gold to hit $3,300 per ounce by year-end. Looking Ahead As investors digest economic data showing US growth acceleration in Q4, attention will turn to Friday’s release of the personal consumption expenditures (PCE) price index—the Federal Reserve’s preferred inflation measure. This data will be critical in shaping expectations for future Fed policy moves. With markets on edge and trade tensions escalating, investors will closely monitor upcoming developments, particularly Trump’s tariff announcement next week, which could further dictate market direction.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Crypto hype is everywhere since it also making new riches as well, i however trade crypto little as compared to other forex trading pairs.
    • The ewallets can be instant withdrawals like skrill etc or they can also pay through crypto but not tested their crypto withdrawals so far.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.