NexusFi: Find Your Edge


Home Menu

 





PriceActionSwing discussion


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one Silvester17 with 177 posts (570 thanks)
    2. looks_two dorschden with 99 posts (1,125 thanks)
    3. looks_3 Big Mike with 52 posts (90 thanks)
    4. looks_4 jmont1 with 51 posts (23 thanks)
      Best Posters
    1. looks_one dorschden with 11.4 thanks per post
    2. looks_two Silvester17 with 3.2 thanks per post
    3. looks_3 Big Mike with 1.7 thanks per post
    4. looks_4 sudhirc with 1.7 thanks per post
    1. trending_up 978,214 views
    2. thumb_up 2,948 thanks given
    3. group 613 followers
    1. forum 2,093 posts
    2. attach_file 615 attachments




 
Search this Thread

PriceActionSwing discussion

  #1741 (permalink)
 
sudhirc's Avatar
 sudhirc 
detroit,mi
sc
 
Experience: Intermediate
Platform: NT
Broker: NT
Trading: ES
Frequency: Every few months
Duration: Hours
Posts: 417 since Sep 2011
Thanks Given: 1,709
Thanks Received: 471


sudhirc View Post
@dorschden or any one.

Is it possible to add Delta for the swing?

Thank you
Sudhir

Just want to show you couple of examples on how we can probably take advantage off...see this on lower time frames often and works well when we are in a established trend and on pull backs if delta does not change, we have a high probability trade.
couple of examples from today's ES.

Attached Thumbnails
Click image for larger version

Name:	Volume and Delta example.png
Views:	519
Size:	78.6 KB
ID:	261847  
Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
ZombieSqueeze
Platforms and Indicators
Trade idea based off three indicators.
Traders Hideout
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Cheap historycal L1 data for stocks
Stocks and ETFs
 
  #1742 (permalink)
 S trader 
Mediterranean
 
Experience: Beginner
Platform: NT
Trading: various
Posts: 89 since Oct 2015
Thanks Given: 2,049
Thanks Received: 129

There is difference in swing volume with realtime data and when you click "reload all historical data" through trading day.

For example, some tabs in NT8 are not actively updated if I don't visit them for half an hour.
But when I click "reload all historical data" on that chart there is difference in volume with chart which I was monitoring constantly, charts are the same (have same template).
This also happens in NT7 when in the middle of a day I reload data, swings are different for 10-20% in total volume.
I use "swing type=ticks" in both NT7&8.

Did anyone noticed this?

Reply With Quote
  #1743 (permalink)
 
JonnyBoy's Avatar
 JonnyBoy 
Montreal, Quebec
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Kinetick
Trading: ES
Posts: 1,561 since Apr 2012
Thanks Given: 706
Thanks Received: 3,858



S trader View Post
There is difference in swing volume with realtime data and when you click "reload all historical data" through trading day.

For example, some tabs in NT8 are not actively updated if I don't visit them for half an hour.
But when I click "reload all historical data" on that chart there is difference in volume with chart which I was monitoring constantly, charts are the same (have same template).
This also happens in NT7 when in the middle of a day I reload data, swings are different for 10-20% in total volume.
I use "swing type=ticks" in both NT7&8.

Did anyone noticed this?

It all comes down the WHEN the Bid and Ask changes arrive – before a transaction or after it. That part is crucial to the calculation. You will never get an exact repeat of the LIVE bid/ask data on every swing when you refresh the chart.

Is 10-20% +/- margin of error reasonable? I am not sure. It depends on a few factors. During live trading, the numbers are what the numbers are. I don't know anything about your setup so I can't comment further, however that margin of difference does seem a little on the high side.

If the delta between live and historical would fundamentally change your decision to enter a position, it might be an issue you need to investigate further.

--------------------------------------------------------
- Trade what you see. Invest in what you believe -
--------------------------------------------------------
Reply With Quote
Thanked by:
  #1744 (permalink)
 S trader 
Mediterranean
 
Experience: Beginner
Platform: NT
Trading: various
Posts: 89 since Oct 2015
Thanks Given: 2,049
Thanks Received: 129


JonnyBoy View Post
It all comes down the WHEN the Bid and Ask changes arrive – before a transaction or after it. That part is crucial to the calculation. You will never get an exact repeat of the LIVE bid/ask data on every swing when you refresh the chart.

Is 10-20% +/- margin of error reasonable? I am not sure. It depends on a few factors. During live trading, the numbers are what the numbers are. I don't know anything about your setup so I can't comment further, however that margin of difference does seem a little on the high side.

If the delta between live and historical would fundamentally change your decision to enter a position, it might be an issue you need to investigate further.

Thank you for clarification JonnyBoy!
It would not fundamentaly change my decision, but I like to have precise data as in live trading when I'm analyzing it historicaly, I get it now.

Reply With Quote
  #1745 (permalink)
scunningham
chicago, illinois/usa
 
Posts: 4 since Oct 2017
Thanks Given: 4
Thanks Received: 1

@dorschden Love your indicator, I was wondering if it would be possible to have a option to change the HL/LH labels to a green up arrow for HL and a red down arrow for LH. I like text for the DT and DB, but for the HL and LH, instead of text, I would prefer sequentially numbered arrows, that reset to one when the sequence is broken by a lower low or higher high. Please let me know your thoughts if this is something easy or to difficult.Thanks

Reply With Quote
  #1746 (permalink)
 pnguyen720 
Los Angeles
 
Experience: Beginner
Platform: NinjaTrader
Trading: NQ CL GC
Posts: 52 since Jan 2017
Thanks Given: 11
Thanks Received: 16


emun View Post
Hello Pep,

thank you very much for your help! It works, which means that it displays divergences on a chart. But unfortunately some problems occurred: NT8 freezes, PAS displays different results real-time and historically... And I´m not sure if it displays correct results. But it would need to test it more, so I will let to know later...

Thanks for now,
emun

Hi, was any more work done on this modification to spot Cumulative Delta divergences?
Many thanks.

Reply With Quote
  #1747 (permalink)
 emun 
prague, czech republic
 
Experience: Advanced
Platform: NinjaTrader
Trading: NQ
Posts: 165 since May 2012
Thanks Given: 49
Thanks Received: 74


pnguyen720 View Post
Hi, was any more work done on this modification to spot Cumulative Delta divergences?
Many thanks.

Hi, unfortunately I wasn´t able to finish it. PAS is terribly overcomplicated indicator...

Reply With Quote
  #1748 (permalink)
 pnguyen720 
Los Angeles
 
Experience: Beginner
Platform: NinjaTrader
Trading: NQ CL GC
Posts: 52 since Jan 2017
Thanks Given: 11
Thanks Received: 16

Hey guys,

I added some signals to the PriceActionSwingPro indicator and am trying to write up a basic strategy.
I think I'm doing something wrong at a textual level when I'm calling the indicator and passing in some default values. I get a bunch of 'The name 'xxx' does not exist in the current context' errors.
Anyone can offer a quick tip on how I can correct?

Thanks!

Attached Files
Elite Membership required to download: TestCustomIndicators.cs
Reply With Quote
  #1749 (permalink)
 memonic 
Jaén Spain
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Emini ES
Posts: 8 since Aug 2017
Thanks Given: 10
Thanks Received: 0


pnguyen720 View Post
Hey guys,

I added some signals to the PriceActionSwingPro indicator and am trying to write up a basic strategy.
I think I'm doing something wrong at a textual level when I'm calling the indicator and passing in some default values. I get a bunch of 'The name 'xxx' does not exist in the current context' errors.
Anyone can offer a quick tip on how I can correct?

Thanks!

I have the same error.

Sent using the NexusFi mobile app

Reply With Quote
  #1750 (permalink)
 GeorgeW 
London United Kingdom
 
Experience: Beginner
Platform: NinjaTrader
Trading: 6E
Posts: 44 since Dec 2014
Thanks Given: 4
Thanks Received: 29



pnguyen720 View Post
Hey guys,

I added some signals to the PriceActionSwingPro indicator and am trying to write up a basic strategy.
I think I'm doing something wrong at a textual level when I'm calling the indicator and passing in some default values. I get a bunch of 'The name 'xxx' does not exist in the current context' errors.
Anyone can offer a quick tip on how I can correct?

Thanks!

Hi pnguyen720,
You may have defined some variables within an if statement, which means they can only be used there. You need to define them outside the if statement to be able to use them more generally. Take a look at reply #4 of this thread on Ninjatrader Forum.

Reply With Quote




Last Updated on January 7, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts