Cory's VolumeStopV3 (and now V4) - Worth A Look! - NinjaTrader | futures io social day trading
futures io futures trading


Cory's VolumeStopV3 (and now V4) - Worth A Look!
Updated: Views / Replies:133,657 / 438
Created: by HJay Attachments:117

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
 117  
 
Thread Tools Search this Thread
 

Cory's VolumeStopV3 (and now V4) - Worth A Look!

  #381 (permalink)
Elite Member
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,198 since Jun 2009
Thanks: 627 given, 6,285 received

Ninja File is identical to Gom File

Attached Thumbnails
Cory's VolumeStopV3 (and now V4) - Worth A Look!-2015-05-15_1459.png  
Reply With Quote
The following 3 users say Thank You to cory for this post:
 
  #382 (permalink)
Elite Member
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,198 since Jun 2009
Thanks: 627 given, 6,285 received


Silvester17 View Post
not so sure if that's correct

the volume and the price bars are identical, but all the delta stuff is not. sometimes huge differences. imho ninja tick file is not acceptable for this kind of analysis.

it's 'good enough' concept, the numbers may be diff but visually they look identical and good enough for PV analyzing.

Reply With Quote
The following user says Thank You to cory for this post:
 
  #383 (permalink)
Elite Member
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,198 since Jun 2009
Thanks: 627 given, 6,285 received



Silvester17 View Post
not sure how you did that, but your hash marks (delta) are identical (bid/ask and ninja tick file). I don't think that's correct. there's always a difference between bid/ask and up/down tick.

here's the same 5 min chart from my end, and you can clearly see a big difference in the hash marks:

I see after I switched I should had hit F5 a few times to make sure the proper data got loaded but still it looks 'good enough'.

Reply With Quote
 
  #384 (permalink)
Elite Member
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,198 since Jun 2009
Thanks: 627 given, 6,285 received

watch this clip start at 2:00
blog.tradershelpdesk.com/identifying-market-tops-and-bottoms-using-order-flow-analysis/

Reply With Quote
The following 2 users say Thank You to cory for this post:
 
  #385 (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

there're many ways to use or display that price/volume indicator. you can use it bar by bar or over several bars to look for divergences. my version displays information on the price panel (bar by bar). like mentioned earlier, the delta divergence indicator uses similar inputs, so I combined those 2 indicators into one.

for the conditions, there're also different possibilities. here's what I used:

delta divergence:

- bullish alert = negative delta, but price bar closes higher
- bearish alert = positive delta, but price bar closes lower


price/volume:

- bullish alert = current bar has a lower low than previous bar, current volume is smaller than previous volume, current delta is positive while previous delta was negative
- bearish alert = current bar has a higher high than previous bar, current volume is smaller than previous volume, current delta is negative while previous delta was positive


you can choose either one of the indicators, or both the same time. it also has 2 different display options:

data:

- delta divergence = current delta
- price/volume = difference between current and previous delta and difference between current and previous volume


label:

- user defined labels for both indicators (bullish and bearish)


when used on a footprint chart, there's enough space to use the "data" option:

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


when used with regular charts, maybe the "label" version is the better option:

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



also like mentioned earlier, those are not signals one should take blindly. you need other tools for confirmation

since this is a non-elite thread, I'm not allowed to post the indicator here (it contains gom stuff). you can download it here:

https://futures.io/elite-circle/12682-volume-alert-indicator-16.html#post495161

Reply With Quote
The following 11 users say Thank You to Silvester17 for this post:
 
  #386 (permalink)
Elite Member
Fredericksburg, Virginia, United States
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 8 since Feb 2015
Thanks: 51 given, 7 received

Thanks silvester17 for the contribution! This already looks really promising as a confirmation tool for another part of my strategy. I've learned a lot watching this thread over the last few weeks. Thanks to all of you in the thread!

Reply With Quote
The following user says Thank You to fsrcapital for this post:
 
  #387 (permalink)
Elite Member
Stuttgart, Germany
 
Futures Experience: Master
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: ZB, EUR, ES
 
Posts: 94 since Dec 2010
Thanks: 68 given, 28 received

Thank you @Silvester17 for your contribution.

Would you mind posting your xml template file for the first setup?

Walt

Reply With Quote
The following user says Thank You to watrader for this post:
 
  #388 (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


watrader View Post
Thank you @Silvester17 for your contribution.

Would you mind posting your xml template file for the first setup?

Walt

@watrader,

attached is a template for the chart below:

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


in case you also need the indicators:

VolumeLadderMetroEditionV2:
https://futures.io/download/vip_elite_circle/1441-download.html?view

Scrolls_Lite:
https://futures.io/download/vip_elite_circle/1325-download.html?view

GomDeltaPriceVolume:
https://futures.io/elite-circle/12682-volume-alert-indicator-16.html#post495161

on a side note, are you getting nervous about the vfb?

Attached Files
Register to download File Type: xml Walt.xml (27.2 KB, 53 views)
Reply With Quote
The following 5 users say Thank You to Silvester17 for this post:
 
  #389 (permalink)
Elite Member
Stuttgart, Germany
 
Futures Experience: Master
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: ZB, EUR, ES
 
Posts: 94 since Dec 2010
Thanks: 68 given, 28 received


Silvester17 View Post
@watrader,

attached is a template for the chart below:

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


in case you also need the indicators:

VolumeLadderMetroEditionV2:
https://futures.io/download/vip_elite_circle/1441-download.html?view

Scrolls_Lite:
https://futures.io/download/vip_elite_circle/1325-download.html?view

GomDeltaPriceVolume:
https://futures.io/elite-circle/12682-volume-alert-indicator-16.html#post495161

on a side note, are you getting nervous about the vfb?

About the vfb? No, not at all. They had a bad and self inflicted season. Let's see next Saturday how they pull themselves out of the swamp by their own hair.

Thanks for your generous help.

Walt

Reply With Quote
The following user says Thank You to watrader for this post:
 
  #390 (permalink)
Elite Member
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,198 since Jun 2009
Thanks: 627 given, 6,285 received


I feel like a coach

Attached Thumbnails
Cory's VolumeStopV3 (and now V4) - Worth A Look!-es-06-15-5-min-5_18_2015.jpg  
Reply With Quote

Reply



futures io > > > > Cory's VolumeStopV3 (and now V4) - Worth A Look!

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
EOT Bills Arrows v4 Big Mike Trading Reviews and Vendors 30 April 30th, 2012 01:38 AM
is it really worth it? Silvester17 Commodities Futures Trading 99 February 21st, 2012 10:56 PM
CFDs - not worth trading? Twiddle The Elite Circle 22 August 25th, 2011 10:21 AM
Looking for several years worth of reliable and free Forex tick data? Here you go. Trankuility The Elite Circle 13 March 19th, 2011 11:45 PM
Is an Ivy League Diploma Still Worth the Price of Admission? Quick Summary News and Current Events 0 March 2nd, 2011 07:30 PM


All times are GMT -4. The time now is 09:44 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 2017-11-23 in 0.09 seconds with 19 queries on phoenix via your IP 54.198.221.13