DOM bands indicator - NinjaTrader | futures io social day trading
futures io futures trading


DOM bands indicator
Updated: Views / Replies:20,611 / 32
Created: by GoldStandard Attachments:15

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 Ė 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 donít 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
 15  
 
Thread Tools Search this Thread
 

DOM bands indicator

  #31 (permalink)
Banned: trolling
Russia,Khabarovsk
 
Futures Experience: Beginner
Platform: NT
Favorite Futures: Gold
 
Cachevary's Avatar
 
Posts: 407 since Feb 2014
Thanks: 138 given, 78 received


ZTR View Post
I really just got this into usable form and do not have many charts of it as it is not persistent. I think Zondor will have a version of DOM_Bands soon that works in both 6.5 & 7 in conjunction with the GomRecorder to make the data in this indicator persistent.

The Chart shows that as the market rallied both DOM bands rose, and the market stalled with this huge supply being chased by huge demand had run its course. After this the Market began a sell-off. A 2nd entry happened when the delta band touched ask band. Hard to see on this chart. Another interesting thing on this chart is the visualization of a buy-program (or lots of them) hitting the market & causing a huge spike on the BSV_Line. This is has been made persistent by Zondor, but do not know when, or if, he has posted it.

Once I get the latest version and start saving data I'd like to post the scenarios this indicator help clarify: The major ones are:

Throw-over - Delta Band crosses the Ask band. Happens when there TotBid >> TotAsk - a sign the market is not going any lower
Throw-under - Delta Band crosses the Bid band. Happens when there TotBid << TotAsk - a sign the market is not going any Higher
Delta Touch Ask - Running out of people willing to sell at lower levels.
Delta Touch Bid - Running out of people willing to buy at higher levels.

Many times once one of the last two are met the market moves so that the other is touched. Happens clearly in the attached chart.


I know the poster wouldn`t reply,but can anyone suggest why the Bid side of the bands(blue line) is on the negative side with the ''-'' sign?Second question is,why the Dombands indicator ignoring timeframes?

thank you

Reply With Quote
 
  #32 (permalink)
Trading Apprentice
Moscow Russia
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Emini ES
 
Posts: 1 since Mar 2016
Thanks: 0 given, 0 received

Can someone please post this indy again? Link on a first post is not working.

Reply With Quote
 
  #33 (permalink)
Market Wizard
New Orleans, La (Mardi Gras City)
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Ninjatrader / Optimus Futures / AmpFutures
Favorite Futures: ES / 6E / 6B / CL
 
DavidHP's Avatar
 
Posts: 1,002 since Aug 2009
Thanks: 802 given, 1,367 received



psyshark1 View Post
Can someone please post this indy again? Link on a first post is not working.

https://futures.io/download/ninjatrader-7/workspace-chart-templates/403-download.html

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Reply With Quote

Reply



futures io > > > > DOM bands indicator

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Acceleration Bands DarrenH NinjaTrader 12 March 31st, 2016 07:20 AM
BMT Bands indicator Big Mike The Elite Circle 4 April 14th, 2014 08:31 PM
Keltner Bands indicator cory The Elite Circle 21 November 15th, 2012 04:31 PM
VWAP bands crazybears NinjaTrader 102 March 6th, 2012 05:33 PM
Bollinger Bands MWinfrey Traders Hideout 8 February 8th, 2011 08:02 AM


All times are GMT -4. The time now is 04:27 PM.

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 2017-12-13 in 0.08 seconds with 20 queries on phoenix via your IP 54.90.92.204