Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
There is an indicator on one of the charts in your video called OrderTicker. Is it available on futures.io (formerly BMT) ?
Why do you make the color of all the prints on your TimeandSales charts white ? You had them in colors in your earlier posts, and this, I suppose, guide and make TR more effective; just my thought.
Lolu
Can you help answer these questions from other members on NexusFi?
Yeah its available in elite section by user named Default User. Or you can ask him directly. I would give you mine but you gotta ask him permission first. I did some modification like got rid of the ASK and BID red and green lines for levels 2-5 because it was confusing. Now it just shows the current BID and ASK line. The only thing that we cant figure out is how to get rid of the gaps in between. This is do to the fact its on a tick chart.
This is second time I went to black and white Tape because of recomendation from bloom. And now I understand why...On a regular tape when you see Big prints or even small prints you know whether the trade is BID or ASK. Well, If you see big prints for example at ASK what would you think? O, there was Big seller on Limit, price is gonna go down. Thats not the case. Maybe 50% of the time it will reverse and the other it will go through. Why? Because we dont know if the Big Prints at the ASK was a Large Specular or Commercial hedger or even as was said before could be one of them getting in or getting out. So having the colored tape is confusing and in my opinion right now not important. One time you can see red bid prints flowing through the tape and price going up and the next time red bid prints and price going down. So it doesnt matter what if its RED or GREEN but what is the effect on price of the current transactions being printed. Thats what Bloom wanted us to see with the black and white tape. And I thank him so much for it.
There is actually a good example of this in the next video from yesterday which I will post.
Hi Samuel,
Most of the changes I've made since the last post have been mostly visual. I moved some code to OnMarketData() to get rid of the twitch and I added a marker size setting to make the font size bigger. I also added a feature that highlights …
Oh my god)) It is a crazy thing how one colored tape makes your brains work))) I am glad for you. At least you understand)))
Great words about "O, there was Big seller on Limit, price is gonna go down. Thats not the case. Maybe 50% of the time it will reverse and the other it will go through. Why? Because we dont know if the Big Prints at the ASK was a Large Specular or Commercial hedger or even as was said before could be one of them getting in or getting out."
You start to grow very fast)) Keep on man
Reread my posts about increasing money flow and you will understand it much better now. And it would be "Oh' How i missed this before?")))
Only keep watching one colored tape and see the true nature of it))) WATCH THINK LEARN
Now without BID ASK you able to see another details that really influence the movements
Mike has kindly provided the link for the indicator and I now have it. Meanwhile, you can also let me have your version, or let me know the portion of the script to be tweaked/modified.
9:22:02 long 1.4439-4442
9:25:19 large ASK limits 1.4450 watch how they are get filled and how is crowd HOT))). If it is very hot than market goes higher (protect you position by setting stop at 1.4439-4440).if crowd not hot or not supported by big guys than scalp out 10-8 ticks.
9:26:14 get out scalp 9-10 ticks or stop to the entry point
Done
