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GOMI all NT7/8 & SC; MP & Orderflow @ Gomicators.com from original GOMI


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GOMI all NT7/8 & SC; MP & Orderflow @ Gomicators.com from original GOMI

  #311 (permalink)
 prutrader 
Guwahati india
 
Experience: Intermediate
Platform: ninjatrader
Trading: stocks, index futures
Posts: 7 since Jun 2020
Thanks Given: 59
Thanks Received: 4

Hi,

I have recently started using Gomi OF / MP tool for NT8. I am trying to create a template for simultaneously viewing multiple profiles in the same chart viz Daily, Weekly, Monthly or Custom. Looking for guidance..

Thanks,

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  #312 (permalink)
 gomi 
Paris
Market Wizard
 
Experience: None
Platform: NinjaTrader
Posts: 1,270 since Oct 2009
Thanks Given: 282
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Hi,

You can either
1. put multiple instances of the MP, and adding 100 horizontal Offset on each one, you will get the 3 instances on the same chart

example daily


weekly


monthly


and you get the 3 profiles on the same chart



2. If you don't want to use all that real estate, you can put for instance Daily;Weekly;Monthly in the Toggle list


And then you can toggle them quickly using the Toggle Plot Mode hotkey (Ctrl Divide by default, you can change that)

Hope it helps !

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  #313 (permalink)
 leafsfan 
Toronto, Ontario, Canada
 
Experience: Intermediate
Platform: Ninjatrader
Trading: GC
Posts: 7 since Jan 2011
Thanks Given: 37
Thanks Received: 2


I have been using the GOMPackage on Ninjatrader 7 for some time. It seems that when the calendar flipped to 2022, any GOM Indicator set to "Write Data" to the GOMRecorder will not plot on the chart and the data file is created but empty. I usually only have 1 indicator in my workspace set to "Write Data" to create the data file. Any suggestions?

P.S. Happy New Year

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  #314 (permalink)
 gomi 
Paris
Market Wizard
 
Experience: None
Platform: NinjaTrader
Posts: 1,270 since Oct 2009
Thanks Given: 282
Thanks Received: 4,505

Hi,

Sorry for that, it should be corrected here

Best wishes !

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  #315 (permalink)
 gomi 
Paris
Market Wizard
 
Experience: None
Platform: NinjaTrader
Posts: 1,270 since Oct 2009
Thanks Given: 282
Thanks Received: 4,505

Hi gals and guys ,

I published recently a new version of the Orderflow with lots of new features

1. Reversal Analysis

Pullback Column (only real-time)

This is feature available in SierraChart, which shows a special kind of orderflow bar that is next to the last bar.
This bar is reset each time price makes a new high or a new low, so if there as new high that is a fake BO, the pullback column will show on the aggressive selling that's not necessarily visible in the main bar.

Here's an example, you can see the buying in the pullback column when the market made a fake new low




Time Since Last Touched Top or Bottom

Again, this can be used to gauge the power of a reversal move.
It will show the time since the bar last touched the top or bottom of the bar

So if you're on a range chart and there is a reversal move, you expect to see a failed breakout on one side and a fast move on the the other side. So you expect the time of last touch of the failed priced to be small


You can also use this in custom signals using formulas (in NinjaTrader), so here's an example : suppose we want the previous bar to be in the other direction than the current bar, and we want the time since last touch the be smaller than the 1/5th of the duration of the previous bar. So we want to see some kind of acceleration here.

We use :


And we get :


The Times since last touch and BarDuration are also available as Plots in the Value indicators


2. Orderflow analysis

A couple of new tools available

Diagonal Delta can be used in the candles instead of lateral delta


Sweeps

This will show the number of empty prints on either side of the orderflow.
If there is a powerful move, you expect to see some "holes" on the losing side because the lack of aggressive action on the other side of the move.



So these number can be used to help gauge the power of a move


Again, we can use this in custom formulas (in NinjaTrader), so let's create custom signals each time we have a sweep > 10 on one side

Formula :


We get :


The SweepsAtBid and SweepsAtAsk are available as Plots in the Values indicators


3. Unclutter the charts

Too many numbers is really an issue when you need to take fast decisions.
So it is important to be able to hide unimportant numbers and only keep the significant ones to help cognitive processing.
Colors are also important to quickly show thresholds or specific values.

To do that, a formula is now associated with each item that can be shown on top and bottom of the candle, and this formula is designed to set the color that will be used to show the data
If transparent color is used, the data will not be shown

Formula is for example if (Value<0,Red,if(Value>0, Green, Transparent))

This is an Excel-like formula and reads

if the Value is greater than 0
Color is Red
else is Value is smaller than 0
Color is Green
else Color is Transparent
Simple Example

For instance if you want to show only Delta>500 or <-500, you use
if(Value>500,Green,if(Value<-500,Red, Transparent))

Full Example

Suppose now you want to see
Delta >100 or < -100 only
Sweeps only if > 10
Ratios only if <1 (Blue) or >10 (Orange)
Before : you would have to plot all the values and let the brain filter out the interesting values


Now : you can show only the interesting values.



4. Alerts
You can now set an audio alert when a support/resistance zone gets invalidated


4. Mixed graphical stuff
  • The label on the bottom can be disabled
  • The candle outline thickness can be set
  • The font size of the external candle numbers can be set.

For a couple more details, you can check the blog post : https://www.gomicators.com/new-orderflow-2-5-available/

As usual, you can get an added 7 days free trial to explore new features if you ended your existing trial period!

Best trading to you !

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  #316 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527

one thing I always thought might be useful was the bar duration. especially when using something like a range chart. time certainly has its place in the trading world.
and now we don't only get the duration of a bar, we get a whole set of new tools much appreciated, thank you very much!!

a brilliant idea is to show only important numbers, not to clutter the entire screen. the only chart I like everything to be displayed is my footprint chart. I prefer to see every detail when analyzing certain things. I admit a lot of numbers, but I like it that way:




on the other hand, I'm a big fan of that "custom up/down signal" indicator. there're so many possibilities. right now is probably not the best time for that kind of trading because the market is moving pretty crazy the last few weeks. a little too fast for my likings. just a few examples:




again, thank you for the update

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  #317 (permalink)
 
Ducman's Avatar
 Ducman 
The Netherlands
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NINJATRADER Brokerage / Continuum
Trading: CL
Posts: 473 since Nov 2010
Thanks Given: 413
Thanks Received: 640

Thanks a lot Gomi, sounds like some good enhancements. I'm going to check it out!

Regards,

Ducman

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  #318 (permalink)
 
Ducman's Avatar
 Ducman 
The Netherlands
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NINJATRADER Brokerage / Continuum
Trading: CL
Posts: 473 since Nov 2010
Thanks Given: 413
Thanks Received: 640

@gomi, I can't seem to figure out how to get the Hotkeys working for me. Can you provide an example how to use this?

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  #319 (permalink)
 abn001 
Baltimore, MD, USA
 
Experience: Intermediate
Posts: 3 since Mar 2022
Thanks Given: 7
Thanks Received: 0

Hi guys, trying out Gom Orderflow. Loving it so far. Just a quick question. What do I need to set so that the bar split down the middle of Bid/Ask, instead on the side of them? It gotta be something simple, but for the life of me I couldn't find the setting.

Much thanks.
Anh

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  #320 (permalink)
 gomi 
Paris
Market Wizard
 
Experience: None
Platform: NinjaTrader
Posts: 1,270 since Oct 2009
Thanks Given: 282
Thanks Received: 4,505


Hi,

Sorry I'm not sure what you are meaning, can you post a pic ?

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