The 2 indicators from BigMike's that Jigsaw uses

October 3rd, 2013, 06:41 AM

Hi,

Does anyone know where are the 2 indicators used by Jigsaw?

They told me they are taken from BigMike's Elite Ninjatrader Indicator section, but I simply couldn't find it.

I've attached a screenshot of them, the one on the top is a volume footprint added to a tick chart, the bottom is cumulative delta:

Thanks a lot.

Lee

October 3rd, 2013, 07:04 AM

Have a look here

Webinar: Order Flow Techniques for Day Traders, Multi-part webinar

In terms of the swing charts. I use a somewhat "hacked" version of the PriceActionSwing indicator.

The 'hacks' are:
1 I like to have the ticks in the swing on the inside and the volume outside of that - with the standard indicator, …

Jigsaw Trading · October 3rd, 2013, 07:34 AM

lol - good idea - one place I can send people to!

Price action swing is here:

Webinar: Order Flow Techniques for Day Traders, Multi-part webinar

In terms of the swing charts. I use a somewhat "hacked" version of the PriceActionSwing indicator.

The 'hacks' are:
1 I like to have the ticks in the swing on the inside and the volume outside of that - with the standard indicator, …

People always seem to have trouble finding the latest version of the GOMI tools. To be honest, after looking around, I'm not sure myself what a newbie needs to download.

October 3rd, 2013, 07:40 AM

Sorry for my obliviousness, but I've always been curious what the significance of knowing how many ticks the swing was ( the positive or negative number at the end of the move )? how do you use this to trade with? Or is it just used for analysis afterwards?

October 3rd, 2013, 08:16 AM

DionysusToast

lol - good idea - one place I can send people to!

Price action swing is here:

Webinar: Order Flow Techniques for Day Traders, Multi-part webinar

In terms of the swing charts. I use a somewhat "hacked" version of the PriceActionSwing indicator.

The 'hacks' are:
1 I like to have the ticks in the swing on the inside and the volume outside of that - with the standard indicator, …

People always seem to have trouble finding the latest version of the GOMI tools. To be honest, after looking around, I'm not sure myself what a newbie needs to download.

for cumulative delta, you need the gom recorder 2. how to install and latest version are covered in second post:

GomRecorder 2

Hi guys,

Here's the new major release of GomPackage, released this time in Elite because it was a lot of hard work.
THIS VERSION IS FOR NT 7 ONLY

Indicators developed with GomRecorder 1.3 still work on 2.0

Majors changes with 1.3b are the …

for volume ladder, you still need gom recorder 2. the volume ladder indicator is here:

Volume Ladder for NT (Gomi)

Here's an indicator based on GomRecorder framework (see NT forums).

Please download it first , latest version here :

It's a volume ladder that includes cumulative delta stuff, I'll document it below.

It works with 6.5 and 7Beta5

Doc is …

Jigsaw Trading · October 3rd, 2013, 08:53 AM

Itchymoku

Sorry for my obliviousness, but I've always been curious what the significance of knowing how many ticks the swing was ( the positive or negative number at the end of the move )? how do you use this to trade with? Or is it just used for analysis afterwards?

Very simple - in a down move, I expect upswings to be less in both ticks & volumes than the downswings.

When that changes AND the delta puts in a significant move up, I consider the market to have reversed.

October 3rd, 2013, 09:50 AM

Itchymoku

Sorry for my obliviousness, but I've always been curious what the significance of knowing how many ticks the swing was ( the positive or negative number at the end of the move )? how do you use this to trade with? Or is it just used for analysis afterwards?

I believe the swing numbers can be used in methods that Wyckoff teaches. Check out David Weis webinar if you didn't see it yet.

Defensive Trading

Remember, the #1 goal of each trade is to not lose money. By protecting yourself from loses, the winners will come.

Defensive Trading is all about this type of planning and discipline. Just like when you are out driving your car you have to be on the …

October 3rd, 2013, 12:17 PM

Thank you very much for all your reply and help, I finally got the indicator running and setup the way I wanted. This is a terrific indicator! But I hope the owner can change its name so others can find it more easily in the Indicator section (i.e. SwingVolume).

Itchymoku, if you're interested in knowing more about price & volume, I highly recommend a book called "The Secret Science of Price and Volume" by Timothy Ord. I personally think it's a must-read for every financial trader, not just for the Futures market.

Thanks again everyone, I really appreciate your help

March 9th, 2014, 04:06 PM

hey, peter mentioned that Cumulative delta is different on Thinner markets. Any idea what type of Tick Chart size to look at for Crude or other thin markets??

I see he uses 900 on ES.

April 30th, 2015, 07:59 PM

Hi Silvester ..

could you help me with this?

Help - Convert an indicator from 6.5 to 7 .

Well, I tried.

It's giving a CS1061 Error "Ninjatrader.Data.Bars does not contain a definition for "GetSessionDate" and no extension method accepting a first argument of type "Ninjatrader.Data.Bars" could be found. Are you …

thanks

The 2 indicators from BigMike's that Jigsaw uses

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The 2 indicators from BigMike's that Jigsaw uses