PriceActionSwing discussion - NinjaTrader | futures io social day trading
futures io futures trading


PriceActionSwing discussion
Updated: Views / Replies:464,746 / 1,550
Created: by dorschden Attachments:491

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 491  
 
Thread Tools Search this Thread
 

PriceActionSwing discussion

  #841 (permalink)
Elite Member
Toronto
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP FUTURES/ZENFIRE
Favorite Futures: YM
 
Raj1's Avatar
 
Posts: 167 since Jul 2009
Thanks: 252 given, 56 received


dorschden View Post
I uploaded a new version (here). The ZigZagUTC mode is included again and a new mode that based on the parabolic stop and reverse (PSAR) indicator also included.

Now it's possible to show the complete volume of the swing and the duration.

I also added a second indicator called PriceActionSwingRelation. It shows the relation between price and swings. You can use it for other indicators or strategies. If PriceActionSwingRelation value is above 0 look for long entries because price made higher highs and higher lows or a double bottom - short vice versa.

PriceActionSwingRelation values:
-2 = DT
-1 = LL and LH
0 = price is nowhere
1 = HH and HL
2 = DB
Attachment 12724

You mean that the relative volume value @ HL pivot should be positive and above zero to go for long entry?
Please clarify.
Regards,

Reply With Quote
The following user says Thank You to Raj1 for this post:
 
  #842 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,330 since Aug 2009
Thanks: 4,575 given, 10,311 received


Raj1 View Post
Hi

Finally I have set up The GomCD indicator running with recording feature with the help of YOU, Mike, et al in this forum.

As a next step, I have read many article to understand and make use of Swing CD & Absolute volume numbers printed at each of HH/HL/LL & LH swing pivots.

i'm sure many use this as a trading edge in arriving at the entry and exit decisions.

Can you or any learned members in this forum thro' some light on how to interpret these numbers ? This would help me and many other newbie members like me in this forum to move forward in using this wonderful indicator more effectively.
May the inventor of this indicator may also chip-in to contribute his wisdom.
Thanking you all in advance.

great!! glad to hear you got that sorted out

I'm pretty sure you know what they mean. if not, here's a short explanation:

- absolute = the actual cd value
- swing cd = difference of the swings high and low cd value

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


if you're looking for how to use them, I don't think you'll get many responses. like I said before, I don't trade them and therefore I'm not going to give any advice.

good luck!!

Reply With Quote
The following 4 users say Thank You to Silvester17 for this post:
 
  #843 (permalink)
Elite Member
Toronto
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP FUTURES/ZENFIRE
Favorite Futures: YM
 
Raj1's Avatar
 
Posts: 167 since Jul 2009
Thanks: 252 given, 56 received



dorschden View Post
Hello vegasfoster and FR5050,

I add an option to show the relative volume swing. Download the new version (here).

Edit: NT7 bug fixed - now it works fine in NT7

Hi
Under Swing Values parameters options, the Swing volume has three drop down menu choices viz., Absolute, Relative and False.

Is my following understanding is correct on above three choices:
Absolute= total volume of the swing regardless of number of bars
Relative= volume per bar of the respective swing
False= do not understand, please clarify

Thanking you in advance

Reply With Quote
 
  #844 (permalink)
Elite Member
Toronto
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP FUTURES/ZENFIRE
Favorite Futures: YM
 
Raj1's Avatar
 
Posts: 167 since Jul 2009
Thanks: 252 given, 56 received


Raj1 View Post
You mean that the relative volume value @ HL pivot should be positive and above zero to go for long entry?
Please clarify.
Regards,

Hi

Thanks for your quick reply.

I think that I have put a wrong question without understanding your comment on price swing oscilator ( above / below 0-line) in relation to HH/HL and LL/LH price action swings. I am sorry about that.

where I need to understand about the various swing values are as follows:

(a) With regard to absolute & Relative swing volumes, I understand that it represents total and average volumes of respective swings. Is my understanding correct?
(b) With regard to GomCD's Mode, how does the Absolute CD & SwingCD values are calculated for a particular swing pivot and what is the implication of its positive & negative values
Appreciate if you could post a chart with simple narrtaion on the above for my better understanding.

I thank you again for your very valuable contribution.

Regards,

Reply With Quote
 
  #845 (permalink)
Elite Member
Toronto
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP FUTURES/ZENFIRE
Favorite Futures: YM
 
Raj1's Avatar
 
Posts: 167 since Jul 2009
Thanks: 252 given, 56 received


Raj1 View Post
Hi

Thanks for your quick reply.

I think that I have put a wrong question without understanding your comment on price swing oscilator ( above / below 0-line) in relation to HH/HL and LL/LH price action swings. I am sorry about that.

where I need to understand about the various swing values are as follows:

(a) With regard to absolute & Relative swing volumes, I understand that it represents total and average volumes of respective swings. Is my understanding correct?
(b) With regard to GomCD's Mode, how does the Absolute CD & SwingCD values are calculated for a particular swing pivot and what is the implication of its positive & negative values
Appreciate if you could post a chart with simple narrtaion on the above for my better understanding.

I thank you again for your very valuable contribution.

Regards,

The above message is for Dorschden please.

Reply With Quote
 
  #846 (permalink)
Elite Member
Toronto
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP FUTURES/ZENFIRE
Favorite Futures: YM
 
Raj1's Avatar
 
Posts: 167 since Jul 2009
Thanks: 252 given, 56 received


Silvester17 View Post
great!! glad to hear you got that sorted out

I'm pretty sure you know what they mean. if not, here's a short explanation:

- absolute = the actual cd value
- swing cd = difference of the swings high and low cd value

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


if you're looking for how to use them, I don't think you'll get many responses. like I said before, I don't trade them and therefore I'm not going to give any advice.

good luck!!

Thank you very much for your quick reply.

One last question on this series.

The swingCD is calculated as (BID-ASK) or (ASK-BID) ?
Thanks in advance.

Reply With Quote
 
  #847 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,330 since Aug 2009
Thanks: 4,575 given, 10,311 received


Raj1 View Post
Thank you very much for your quick reply.

One last question on this series.

The swingCD is calculated as (BID-ASK) or (ASK-BID) ?
Thanks in advance.

the delta is calculated ask - bid

Reply With Quote
The following 2 users say Thank You to Silvester17 for this post:
 
  #848 (permalink)
Elite Member
Toronto
 
Futures Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP FUTURES/ZENFIRE
Favorite Futures: YM
 
Raj1's Avatar
 
Posts: 167 since Jul 2009
Thanks: 252 given, 56 received


FR5050 View Post
Dorschden: Thank you very much for adding relative volume to the indicator. It looks great.


Goldstandard:

Check out my posts #41 and #42. Ord volume webisite has a lot of info on how to use the average volume of swings in trading.

Any comments on using GomCD's SwingCD Volumes for trade entry please.

Reply With Quote
 
  #849 (permalink)
Elite Member
Germany
 
Futures Experience: Intermediate
Platform: FlatTrader
Broker/Data: GFT and Interactive Brokers
Favorite Futures: ES, DAX
 
Posts: 531 since Aug 2010
Thanks: 2,121 given, 719 received


Raj1 View Post
You mean that the relative volume value @ HL pivot should be positive and above zero to go for long entry?
Please clarify.
Regards,

Hi Raj1, dorschden and anybody else,

Where can I find the PriceActionSwingRelation indicator? The link from dorschden in Raj1īs post didnīt work.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Any kind of help is highly appreciated!

Reply With Quote
 
  #850 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,330 since Aug 2009
Thanks: 4,575 given, 10,311 received



Abde View Post
Hi Raj1, dorschden and anybody else,

Where can I find the PriceActionSwingRelation indicator? The link from dorschden in Raj1īs post didnīt work.


Any kind of help is highly appreciated!

hi @Abde,

a couple updates ago, the "PriceActionSwingRelation" indicator got changed into "PriceActionSwingOscillator".

they are both the same, just a newer version

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by Silvester17; November 13th, 2013 at 08:59 AM. Reason: added chart
Reply With Quote
The following 3 users say Thank You to Silvester17 for this post:

Reply



futures io > > > > PriceActionSwing discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Murray Math Discussion? jwhtrades Traders Hideout 5 July 27th, 2011 10:06 PM
Looking for general discussion thread. jctrader Traders Hideout 2 May 2nd, 2011 03:23 PM
PriceActionSwing jeff92887 NinjaTrader 2 March 1st, 2011 07:15 AM


All times are GMT -4. The time now is 07:25 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-11-24 in 0.09 seconds with 19 queries on phoenix via your IP 54.80.227.189