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Two Line Trading
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Created: by FredyMegaG Attachments:38

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Two Line Trading

  #121 (permalink)
Trade with the flow
Paris, France
 
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cunparis's Avatar
 
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FredyMegaG View Post
hey cunparis,

isnt there an indicator that plots the net difference in the bulls and bears from COT?

It's a lot more complicated than that.

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  #122 (permalink)
Senior Member
sea side
 
Futures Experience: None
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Posts: 217 since Dec 2009
Thanks: 86 given, 25 received

Cunparis,

But why not to try (I've suggested that in one thread, don't remember which)
to count (on cumulative basis) net bid/ask volume from the contract roll over ? and than add the same on daily basis ?
Don't know yet whether it's possible and how accurate receiving that kind of data could be, but, seems, it will give quite clear picture what is going on.

Krgds,
Andrew


cunparis View Post
It's a lot more complicated than that.


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  #123 (permalink)
Trade with the flow
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Andrew View Post
Cunparis,

But why not to try (I've suggested that in one thread, don't remember which)
to count (on cumulative basis) net bid/ask volume from the contract roll over ? and than add the same on daily basis ?
Don't know yet whether it's possible and how accurate receiving that kind of data could be, but, seems, it will give quite clear picture what is going on.

Krgds,
Andrew

I'm not sure I follow you, you jumped from COT to volume.

I wrote a quick indicator to show on balance net upticks. it simply does a running total of upticks - downticks for each bar.

It tracks price very closely, I'm not sure it's useful but if you see something let me know.

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Two Line Trading-obupticks.jpg  
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  #124 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received

Same day with Better Momentum. I think it does a better job.

I ported it to Ninja but I'm not finished with it yet.

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  #125 (permalink)
Senior Member
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Posts: 217 since Dec 2009
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Cunparis,

May be I'm wrong, but is it not what I suggested = COT, but on daily/realtime basis ?

Krgds,
Andrew


cunparis View Post
I'm not sure I follow you, you jumped from COT to volume.

I wrote a quick indicator to show on balance net upticks. it simply does a running total of upticks - downticks for each bar.

It tracks price very closely, I'm not sure it's useful but if you see something let me know.


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  #126 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received


Andrew View Post
Cunparis,

May be I'm wrong, but is it not what I suggested = COT, but on daily/realtime basis ?

Krgds,
Andrew

The COT report is a list of trader positions in 3 categories:

- commercial hedgers
- speculators
- small traders (could be commercial or speculator)

When we analyze the volume on a chart, we don't know who is responsible for that volume. The COT report tells us, on a weekly basis.

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  #127 (permalink)
Elite Member
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Futures Experience: Beginner
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Broker/Data: Mirus Futures / Zen-fire
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Posts: 59 since Dec 2009
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Here's another one!

Trying to link Volume analysis, with breakout patterns.
And most important of all, im getting to read the story that the market is telling (i think...)

Hope it helps! and hope it makes sense.. please comment!

Cunparis, you seem to have more gained knowledge about VSA, what do you reckon?

Andrew, how's the reading comming up?

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Two Line Trading-vol_lines.jpg  
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The following user says Thank You to FredyMegaG for this post:
 
  #128 (permalink)
Elite Member
Lisbon
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures / Zen-fire
Favorite Futures: Es
 
FredyMegaG's Avatar
 
Posts: 59 since Dec 2009
Thanks: 19 given, 44 received

here's another to keep you thinking!

Attached Thumbnails
Two Line Trading-2lt-vsa.jpg  
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The following user says Thank You to FredyMegaG for this post:
 
  #129 (permalink)
Senior Member
sea side
 
Futures Experience: None
Platform: NinjaTrader
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received

Cunparis,
Below is link on quite serious study of using COT reports, just in case you might be interested.
CXOAG Investing Notes - Using Commitments of Traders Reports to Time Asset Allocations

Krgds,
Andrew


cunparis View Post
The COT report is a list of trader positions in 3 categories:

- commercial hedgers
- speculators
- small traders (could be commercial or speculator)

When we analyze the volume on a chart, we don't know who is responsible for that volume. The COT report tells us, on a weekly basis.


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  #130 (permalink)
Senior Member
sea side
 
Futures Experience: None
Platform: NinjaTrader
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received


Fredy,

Nice chart, what comment "I see" is old support at my opinion was exactly at 1360 (a few tails below it, don't mean that support was lower)

Meanwhile, I've read just a few pages Have now time, working with volume analysis as well as detecting of real SR levels + inflow/outflow and reversal of big money.
But will read obligatory, I like this book from first pages.

Krgds,
Andrew



FredyMegaG View Post
Here's another one!

Trying to link Volume analysis, with breakout patterns.
And most important of all, im getting to read the story that the market is telling (i think...)

Hope it helps! and hope it makes sense.. please comment!

Cunparis, you seem to have more gained knowledge about VSA, what do you reckon?

Andrew, how's the reading comming up?


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