Stop-run indicator? - Platforms and Indicators | futures io social day trading
futures io futures trading


Stop-run indicator?
Updated: Views / Replies:984 / 9
Created: by moneypenny Attachments:0

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 100,000 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
 

Stop-run indicator?

  #1 (permalink)
Elite Member
Albuquerque
 
Futures Experience: Intermediate
Platform: NinjaTrader, Tradestation, Sierra Chart
Favorite Futures: Futures
 
Posts: 40 since Sep 2013
Thanks: 15 given, 8 received

Stop-run indicator?

OK, so it seems to me that the best moves on an intraday time frame are preceded by stop runs. Most indicators give the opposite signals (do not go long or go short) say when price dips below a previous swing in an uptrend then turns positive. Anyone know if there's an indicator that spots this?
Thanks in advanced,
moneypenny

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
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,268 since Aug 2011
Thanks: 1,064 given, 3,104 received

I do not know...


but that is an interesting question.

Reply With Quote
 
  #4 (permalink)
Elite Member
Bay Area California
 
Futures Experience: None
Platform: TT T4
Favorite Futures: Futures
 
Posts: 726 since Nov 2011
Thanks: 645 given, 750 received

I played around with that idea a few years ago.

If you use a fixed range chart, and calculate (bid volume - ask volume)/total volume. The closer to 1 or -1 it reads the more one sided the move was, which is what happens when stops get hit.

"If I agreed with you, we'd both be wrong."
Reply With Quote
 
  #5 (permalink)
Elite Member
Albuquerque
 
Futures Experience: Intermediate
Platform: NinjaTrader, Tradestation, Sierra Chart
Favorite Futures: Futures
 
Posts: 40 since Sep 2013
Thanks: 15 given, 8 received

Thanks for the replies addchild and wildman. Since I'm not a programmer, I'll have to see what I can 'scrounge' up addchild. Thanks s much for the idea!!
moneypenny

Reply With Quote
 
  #6 (permalink)
Elite Member
Albuquerque
 
Futures Experience: Intermediate
Platform: NinjaTrader, Tradestation, Sierra Chart
Favorite Futures: Futures
 
Posts: 40 since Sep 2013
Thanks: 15 given, 8 received

addchild - I have a volume delta histogram from Ninjacators which gives the delta for actual transactions rather than bids/asks. Do you think that would work?
moneypenny

Reply With Quote
 
  #7 (permalink)
Elite Member
Bay Area California
 
Futures Experience: None
Platform: TT T4
Favorite Futures: Futures
 
Posts: 726 since Nov 2011
Thanks: 645 given, 750 received


moneypenny View Post
addchild - I have a volume delta histogram from Ninjacators which gives the delta for actual transactions rather than bids/asks. Do you think that would work?
moneypenny

As long as the sum of all the transactions are equal to the total volume.

Sent from my toilet.

"If I agreed with you, we'd both be wrong."
Reply With Quote
 
  #8 (permalink)
Elite Member
Albuquerque
 
Futures Experience: Intermediate
Platform: NinjaTrader, Tradestation, Sierra Chart
Favorite Futures: Futures
 
Posts: 40 since Sep 2013
Thanks: 15 given, 8 received


I don't think it is the right indicator... I'll keep looking.

Reply With Quote
 
  #9 (permalink)
Elite Member
Richmond Virginia
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: ES
 
Posts: 252 since Feb 2013
Thanks: 227 given, 107 received


moneypenny View Post

I don't think it is the right indicator... I'll keep looking.

GOM volume ladder gives bid and ask volumes...the difference between the 2 is in a red or green box at the bottom of the chart.

However I could find no instances where the formula generated a 1 or -1. (but i haven't looked that long either)

Reply With Quote
 
  #10 (permalink)
Elite Member
Bay Area California
 
Futures Experience: None
Platform: TT T4
Favorite Futures: Futures
 
Posts: 726 since Nov 2011
Thanks: 645 given, 750 received



moneypenny View Post

I don't think it is the right indicator... I'll keep looking.

it should look something like this
subgraph 1 = volume
subgraph 2 = bid volume + ask volume (this should be the same as volume)
subgraph 3 = bid volume - ask volume

and finally what I was referring to,
subgraph 4 = (bid volume - ask volume) / (bid volume + ask volume)

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

"If I agreed with you, we'd both be wrong."
Reply With Quote
The following user says Thank You to addchild for this post:

Reply



futures io > > > Stop-run indicator?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

July Journal Challenge - $500 in Amazon Gift Cards!

July
 

AXESS Trader: Powerful Cloud Based Trading Platform w/GFF Brokers

Jul 17

TBA: FuturesTrader71 w/Morad Askar

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trailing stop indicator Buscador The Elite Circle 3 November 15th, 2012 12:57 PM
Help using the Volume Stop indicator. Gary Lucas Traders Hideout 2 October 8th, 2012 05:06 PM
Trailing stop following an indicator nanobiotech NinjaTrader Programming 9 October 3rd, 2011 09:50 AM
esignal indicator to run on OEC or SierraCharts dlatbm Open E Cry 2 June 21st, 2011 03:15 AM


All times are GMT -4. The time now is 04:43 AM. (this page content is cached, log in for real-time version)

Copyright © 2018 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 2018-07-15 in 0.12 seconds with 14 queries on phoenix