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And what about SierraChart
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And what about SierraChart

  #51 (permalink)
Market Wizard
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lolu View Post
Cory and chrislib,

I now have 6E perfectly behaving (see my attached screenshot). Thanks to both of you for the input, and assistance.

My next challenge to overcome, and immediately, is how to use the Footprint and VP to successfully and profitably trade.

Lolu

can you attach your chart book, thanks.

 
  #52 (permalink)
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cory View Post
can you attach your chart book, thanks.

Here it is.

Attached Files
Register to download File Type: zip Footprint6E_01032010_v1.zip (2.0 KB, 44 views)
 
  #53 (permalink)
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chrislb View Post
lolu

I am not an expert, but after using the footprint stuff first from MD and now with SC, I figured, that the footprint is most valuable in tracking order flow live or in replay mode at S&R. I think charts are nothing more then a GUI for the T&S. Every indicator you throw at that data, might help you visualize some trend or what ever, but to me footprints are one of the closest graphical matches to T&S, so you can see buyers/sellers participating or not at the important levels on a tick scale. To me that is what matters. I try with 5-10x replay to speed up my pattern recognition abilities, because to get better by watching price hit S&R in real time takes a very long time.

chris

chris,

Which volume study do you have at the lower panel of your bookchart ? And what bands study in pane 1 ?

Lolu

 
  #54 (permalink)
Trading for Fun
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It is just a standard volume + Bid Ask Difference Histogram (from the advanced custom studies) together. Scaling both is a little tricky so. You have to experiment with that, depending on your instrument. The chart overlay is a standard keltner channel, I just testing, to give me a clue about value.

chris

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  #55 (permalink)
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lolu View Post
chris,

Yes, yes, yes ....... !!! To see buyers/sellers participating or not at the important levels on a tick scale. That is it.

Lolu

thanks to youtube you can watch many videos about oder flow but this is still one of my fav.
YouTube - Know the Flow ! (3 0f 3)

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  #56 (permalink)
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I have added .StdCollct and .Cht as acceptable file extensions you can now upload directly.

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  #57 (permalink)
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chris,

I tested the Keltner channel yesterday. I also want to see how Kiwi's FibBands plays out today (see attached screenshot).

Lolu

Attached Thumbnails
And what about SierraChart-kiwifibbands.png  
 
  #58 (permalink)
Trading for Fun
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Hi lolu

a couple a days ago i stumbled across this site Electronic Local
mentioned by Brett Steenbarger. I have no idea, if he is so successful as he is posting, but I was inspired by the range bar stuff. So I switched to fesx with 4 point rb. It is amazing to see, how the delta in the bar changes at valid reversals. I have to further explore this. But this was the reason I put the volume on top of the delta histogram. In the chart attached you can see how volume and delta confirms the move. It happens right at support, so it is a nice example for a hindsight trade. I have to work on the real time pattern recognition.

chris

Attached Thumbnails
And what about SierraChart-valid-reversal-3.png   And what about SierraChart-valid-reversal-2.png   And what about SierraChart-valid-reversal.png  
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  #59 (permalink)
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chrislb View Post
Hi lolu

a couple a days ago i stumbled across this site Electronic Local
mentioned by Brett Steenbarger. I have no idea, if he is so successful as he is posting, but I was inspired by the range bar stuff. So I switched to fesx with 4 point rb. It is amazing to see, how the delta in the bar changes at valid reversals. I have to further explore this. But this was the reason I put the volume on top of the delta histogram. In the chart attached you can see how volume and delta confirms the move. It happens right at support, so it is a nice example for a hindsight trade. I have to work on the real time pattern recognition.

chris

chris,

I want to see how the 4 point rb behaves on 6E. Could you please share/post the bookcharts. You can now directly post the study collection and bookchart file formats on futures.io (formerly BMT); Mike had kindly worked on that.

Lolu

 
  #60 (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


lolu

I wouldn't use my chartbook because I didn't changed a lot and you would have to adapt all that tick stuff again. Just go to chart settings and change as below. But I attache the fesx chartbook as well.

chris

Attached Thumbnails
And what about SierraChart-chart-settings.png  
Attached Files
Register to download File Type: cht FESX.cht (280.4 KB, 14 views)

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