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Tape Tweet - audible alerts for buying & selling pressure

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Paris, France
Trading Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
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Posts: 2,565 since Jun 2009
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Tape Tweet - audible alerts for buying & selling pressure

I've been a long time subscriber of Pivot Farm, even though I have to admit I have not been using their S/R levels in a long time (I prefer to draw my own). But I will say that their levels are pretty good, I've seen price stop at them to the tick more times than I can count. So if you're not drawing your own S/R lines you can give theirs a try.

But the point of this post is they have a new chatroom called Tape Tweet and they have an audio sound for when there is buying & selling pressure. I kind of like it. I don't use it for my trading decisions, but when I'm surfing or otherwise not paying attention and it starts the audio alerts, I know to pay attention.

So far it works for ES, not sure if they will add more. And it's free.

Pivot Farm

And now the real point of this post: How do they do it? And can we do something similar?? I'd like to have it for other markets.

This is what he told me in the chat room:

Well essentially the sounds are based upon order size, flow rate and some other factors that only the DT of genius really understands

Sounds to me like it's similar to what we discuss in this thread.

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