Perhaps RJ will be the next Gomi of the retail trading world and empower the man on the street retail trader with professional level tools. The market is certainly big enough, the more traders, the better for all traders.
Is there anything that makes this indicator better or different than jtrealstats?
From what I can see it's pretty much the same thing without colors for each book level.
I also saw your posts for EDSlevel2. Is that available? And how does it compare to these two indicators?
I've been using jtrealstats401 for a while. To me, it still seems to be the best option out there.
DOMAlert, which adds a volume alert and a book imbalance alert to jtrealstats is also definitely worth a try.
However, I have had issues with both:
1) The auto-scale doesn't work right for me. The upper/lower levels of the book frequently go off the chart.
2) More importantly for my purposes, it only displays book data from Nasdaq, while ignoring any book data from the other exchanges - ARCA, BATS, EDGE, etc.. I'm using IB book data, which provides TotalView, ARCA deep book, and top of book for the other exchanges.
I wonder if anybody knows how to fix this issue? Otherwise, these indicators don't come close to providing the whole picture, and the audio alerts often miss huge orders placed on other the exchanges, kind of defeating the purpose. (I realize this isn't an issue for ES trading, but I'm still asking.)
3) Also, I have to turn off all the volume indicators just so I can see book plots. For me it's too crowded, but perhaps there's a margin setting that I'm missing.
Thanks again for contributing. I look forward to any further input.