Volume Breakdown and Bid/Ask Difference studies - Sierra Chart Programming | futures io social day trading
futures io futures trading


Volume Breakdown and Bid/Ask Difference studies
Updated: Views / Replies:31,354 / 82
Created: by lolu Attachments:15

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
 15  
 
Thread Tools Search this Thread
 

Volume Breakdown and Bid/Ask Difference studies

  #31 (permalink)
Elite Member
CA
 
Futures Experience: Master
Platform: Marketdelta and Ninja
Broker/Data: Velocity
Favorite Futures: NQ
 
Posts: 670 since Apr 2010
Thanks: 64 given, 521 received

Hi chris.. thank you for your contribution.... I am thinking moving away from ninja soon, but im am hooked to Gom volume ladder, specially the COT that displays on the top and bottom of the bar.... I don't know anything about programming, but do you think it would be possible to import that to sierra charts(the COT). Also, is there a Vwap study on sierra charts.
If i can use my indicators on sierra, ill move in a flash. I constantly have problems with it. Im just addicted to the Gom indicators.
Thanks

Reply With Quote
 
  #32 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,218 since Jun 2009
Thanks: 628 given, 6,315 received
Forum Reputation: Legendary

yes on wvap, since SC already stores b/a data all you have to do is supplying them with the COT calculation and ask them to program it in, depending on the work complexity they will ask for a fee most of time 50 bucks or less.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #33 (permalink)
Elite Member
CA
 
Futures Experience: Master
Platform: Marketdelta and Ninja
Broker/Data: Velocity
Favorite Futures: NQ
 
Posts: 670 since Apr 2010
Thanks: 64 given, 521 received


is the vwap indicator native to the application, or do i have to buy it. Is it possible for you to upload the file if its not?
Thanks
btw, who do i supply the COT information to?

Reply With Quote
 
  #34 (permalink)
Trading for Fun
Germany
 
Futures Experience: Intermediate
Platform: SierraChart
Broker/Data: Velocity/TT
Favorite Futures: 6E,6B,YM
 
Posts: 54 since Jul 2009
Thanks: 6 given, 30 received

Michael

all charts and indicators here and in the other SC thread are done without extra programming, they are all included. If you invest some work, you get pretty close to MD with the volume/delta stuff. And as cory mentioned, no hassle with historical bid/ask data. You only need to purchase SC package No.5. And because you can do it on a monthly basis after the test, there is no risk. I never look back to NT.

Reply With Quote
The following user says Thank You to chrislb for this post:
 
  #35 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,218 since Jun 2009
Thanks: 628 given, 6,315 received
Forum Reputation: Legendary


Michael.H View Post
is the vwap indicator native to the application, or do i have to buy it. Is it possible for you to upload the file if its not?
Thanks
btw, who do i supply the COT information to?

- here is the code

- just post the COT calculation at support forum asking admin to program it and how much it costs. If it looks interesting enough somebody will do it for free.

Attached Files
Register to download File Type: cpp vmap_vwsd.cpp (6.3 KB, 69 views)
Reply With Quote
 
  #36 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker/Data: Rithmic
Favorite Futures: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 974 received

NT vs. SC

Hello,
This is my first post, I use volume analisys for trading on NT with Gom indicators.
This thread pushed me to try SC cos of the pros. of backfill it provides, and the low cost.
So I compared the 2 platform, NT with Zen-Fire as data feed and SC with OEC data feed and SC historical backfill. I found differences and discrepancies in the calculation of delta bars and in the footprint chart too.
I compared GomCD with VolumeBreakdown on Market Delta, and they are the same, so I assume that GomCD calculation is correct, and I compare the Zen-Fire volume at price with that provides from CME and the are the same, so I assume that Zen-Fire provides the right volume data, and may the bid ask quote too.
Don't know if delta bars calculation on SC is correct and may the OEC data and/or SC backfill are not correct.
Now to understand if SC works good and if Zen-Fire provides the rigth data should be using both with the same datafeed like DTN iqfeed as Fulcumtrader and othors told that are the best and may the only reliable.
However, as simplicity of use and, as analysis and graphical view, NT is much higher.
Lubo.
I attach some charts of 6E of monday 26 April, my Time zone is GMT + 1 (now GTM+2 cos light saving), if FulcumTrader could provide the same chart with Investor RT and DTN we can try to compare the different chart and data feed.
Thanks.
Luke.

Attached Thumbnails
Volume Breakdown and Bid/Ask Difference studies-6e-nt.png   Volume Breakdown and Bid/Ask Difference studies-6e-sc.png  
Reply With Quote
The following user says Thank You to LukeGeniol for this post:
 
  #37 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,218 since Jun 2009
Thanks: 628 given, 6,315 received
Forum Reputation: Legendary

luke, can you upload the chart book, I want to see if I get the same result, my data feed is also OEC.

Reply With Quote
 
  #38 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker/Data: Rithmic
Favorite Futures: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 974 received


cory View Post
luke, can you upload the chart book, I want to see if I get the same result, my data feed is also OEC.

Sure. this is.

Luke.

Attached Files
Register to download File Type: cht Cumulative_AskVolume_BidVolume_Difference_Bars-6E.cht (65.2 KB, 95 views)
Reply With Quote
 
  #39 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,218 since Jun 2009
Thanks: 628 given, 6,315 received
Forum Reputation: Legendary

mine is dif from yours, so we have 3 diff charts.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #40 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker/Data: Rithmic
Favorite Futures: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 974 received

Is the same



cory View Post
mine is dif from yours, so we have 3 diff charts.

No it's the same, download my picture and u will see that the delta bars are the same, I think the difference from 0 line is caused by the different TimeZone.

Luke.

Reply With Quote

Reply



futures io > > > > > Volume Breakdown and Bid/Ask Difference studies

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Analysis and comparison on different data Feeds and Platforms for Bid/Ask Studies LukeGeniol The Elite Circle 477 December 13th, 2015 01:41 PM
Volume Breakdown and Cumulative Delta cleon EasyLanguage Programming 8 November 9th, 2014 06:12 AM
Difference between ask, bid and trade quote in IQFeed forexboom Reviews of Brokers and Data Feeds 2 June 4th, 2011 08:20 AM
Volume breakdown indicator mysthars The Elite Circle 107 December 13th, 2010 03:16 PM
Question about Bid/Ask studies and Delta neko333 The Elite Circle 4 September 23rd, 2010 03:06 PM


All times are GMT -4. The time now is 06:47 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 2017-12-13 in 0.14 seconds with 20 queries on phoenix via your IP 54.90.92.204