[Other] 100 volume - NT vs MC vs SC - Platforms and Indicators | futures io social day trading
futures io futures trading


100 volume - NT vs MC vs SC
Updated: Views / Replies:1,197 / 6
Created: by Jonson Attachments:3

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
 
Thread Tools Search this Thread
 

100 volume - NT vs MC vs SC

  #1 (permalink)
Elite Member
Russia, St.Petersburg
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: AMP/Rithmic
Favorite Futures: Futures
 
Jonson's Avatar
 
Posts: 242 since Jan 2011
Thanks: 210 given, 108 received

100 volume - NT vs MC vs SC

hi
choose 100 volume 6E in NT, MC and SC
compare charts and tell me what you think and which the program correctly displays the price action?
HM HM
THANKS

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
Attached Thumbnails
100 volume - NT vs MC vs SC-6e-12-11-100-volume-26_09_2011.jpg   100 volume - NT vs MC vs SC-multicharts1.png   100 volume - NT vs MC vs SC-sc.jpg  
Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received



Jonson View Post
hi
choose 100 volume 6E in NT, MC and SC
compare charts and tell me what you think and which the program correctly displays the price action?
HM HM
THANKS

"Which the program correctly displays the price action?" This can be specific to the feed and charting software you choose, your three charts may be individually "perfect" and charted exactly as each program is defined. Those individual software program restraints or features should be serious considerations when choosing software to fulfill a traders specific needs.

I'll assume you're using the exact same data supplier for these three charts. I'll further assume your data feed is providing you with the actual volume of contracts traded on each trade. If the above is true there are three other considerations you may need to address.
1.) Verify the time stamp of all three charts are synchronized within 1 centisecond (1/100 of a second).
2.) Verify each of the three charting programs are processing the data and building Volume Charts the same way. Some programs "cap" volume bars. For instance say you're building vol bars of 100, within the current bar the volume is at 90 contracts, the NEXT TICK is a 20 contract trade, SOME programs will INCLUDE the EXTRA 10 contracts within that bar, another program will "cap" the volume of that bar at 100 and begin building THE NEXT BAR with the remaining 10 contracts.
3.) Lastly verify the latency of the charting software, not the data feed. Some programs are just plain faster than others when processing the incoming data and displaying/charting it, this often shows up during high volume periods/moves in the market.

Reply With Quote
The following user says Thank You to Cashish for this post:
 
  #4 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 836 received

I performed advanced degaussian analysis and bifurcated the results using a simple quantum algorithm that couples the mean to a lower state and then filtered them using my own proprietary method (loosely based on the heidelklum theory) and found that the Sierra Chart chart has the highest correlation (99.8675309, to be precise) to the ideal Kepler/Chezberger Wave. Is that what you found?

Reply With Quote
The following user says Thank You to vegasfoster for this post:
 
  #5 (permalink)
Urban Samurai
Chicago IL
 
Futures Experience: Intermediate
Platform: Ninja, MT4,TOS, SC, Matlab
Broker/Data: CQG, AMP, MB, DTN
Favorite Futures: E/U, G/U
 
forrestang's Avatar
 
Posts: 1,039 since Jun 2010
Thanks: 226 given, 688 received


vegasfoster View Post
I performed advanced degaussian analysis and bifurcated the results using a simple quantum algorithm that couples the mean to a lower state and then filtered them using my own proprietary method (loosely based on the heidelklum theory) and found that the Sierra Chart chart has the highest correlation (99.8675309, to be precise) to the ideal Kepler/Chezberger Wave. Is that what you found?




Reply With Quote
 
  #6 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,332 since Aug 2009
Thanks: 4,579 given, 10,313 received


Jonson View Post
hi
choose 100 volume 6E in NT, MC and SC
compare charts and tell me what you think and which the program correctly displays the price action?
HM HM
THANKS

one thing I don't understand. not that this is a surprise.

aren't you displaying the better volume indicator? and when using a 100 volume chart, shouldn't all the volume bars = 100 and therefore useless?

very strange imho. other than that I don't think there's a big difference.

Reply With Quote
 
  #7 (permalink)
Elite Member
Russia, St.Petersburg
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: AMP/Rithmic
Favorite Futures: Futures
 
Jonson's Avatar
 
Posts: 242 since Jan 2011
Thanks: 210 given, 108 received

ok, i use same data feed (zenfire) on these platforms
Do not pay attention to the volume indicator for ninja
you notice that in all three charts there is a difference in the number bars, length and closure
analyze price action and you will understand what I'm asking, ok!?

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
Reply With Quote

Reply



futures io > > > [Other]       100 volume - NT vs MC vs SC

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Volume Ladder for NT (Gomi) gomi The Elite Circle 1390 December 8th, 2017 09:44 AM
MC Traders dynamic index -> conveting to MC yiman MultiCharts 12 August 2nd, 2016 11:40 AM
Chart Comparison NT & SC itrade2win Tech Support 3 March 14th, 2011 09:36 PM
D9 Conversion from NT to SC vegasfoster The Elite Circle 9 March 1st, 2011 10:41 PM
Volume Indicators and NT 6.5 TraderJesse NinjaTrader 1 December 21st, 2009 12:49 PM


All times are GMT -4. The time now is 09:06 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 2017-12-11 in 0.10 seconds with 20 queries on phoenix via your IP 54.83.122.227