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100 volume - NT vs MC vs SC


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100 volume - NT vs MC vs SC

  #1 (permalink)
 
Jonson's Avatar
 Jonson 
Russia, St.Petersburg
 
Experience: Advanced
Platform: NinjaTrader, CQG Desktop
Broker: NinjaTrader/CQG
Trading: Futures
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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
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  #3 (permalink)
 
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 Cashish 
Miami FL USA
 
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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.

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  #4 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
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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?

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  #5 (permalink)
 
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 forrestang 
Chicago IL
 
Experience: None
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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?




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  #6 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
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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.

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  #7 (permalink)
 
Jonson's Avatar
 Jonson 
Russia, St.Petersburg
 
Experience: Advanced
Platform: NinjaTrader, CQG Desktop
Broker: NinjaTrader/CQG
Trading: Futures
Posts: 247 since Jan 2011
Thanks Given: 218
Thanks Received: 118

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
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Last Updated on September 26, 2011


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