NexusFi: Find Your Edge


Home Menu

 





Two Line Trading


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Andrew with 54 posts (3 thanks)
    2. looks_two cunparis with 49 posts (16 thanks)
    3. looks_3 FredyMegaG with 36 posts (31 thanks)
    4. looks_4 Eric j with 11 posts (6 thanks)
      Best Posters
    1. looks_one cclsys with 1 thanks per post
    2. looks_two FredyMegaG with 0.9 thanks per post
    3. looks_3 Eric j with 0.5 thanks per post
    4. looks_4 cunparis with 0.3 thanks per post
    1. trending_up 98,089 views
    2. thumb_up 66 thanks given
    3. group 43 followers
    1. forum 187 posts
    2. attach_file 38 attachments




 
Search this Thread

Two Line Trading

  #121 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093


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.

Follow me on Twitter Reply With Quote

Can you help answer these questions
from other members on NexusFi?
REcommedations for programming help
Sierra Chart
MC PL editor upgrade
MultiCharts
ZombieSqueeze
Platforms and Indicators
Trade idea based off three indicators.
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
34 thanks
Tao te Trade: way of the WLD
24 thanks
GFIs1 1 DAX trade per day journal
16 thanks
Vinny E-Mini & Algobox Review TRADE ROOM
13 thanks
My NQ Trading Journal
12 thanks
  #122 (permalink)
Andrew
sea side
 
Posts: 217 since Dec 2009
Thanks Given: 86
Thanks Received: 25

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.


Reply With Quote
  #123 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093



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.

Attached Thumbnails
Click image for larger version

Name:	obupticks.jpg
Views:	321
Size:	167.6 KB
ID:	6521  
Follow me on Twitter Reply With Quote
  #124 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093

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.

Attached Thumbnails
Click image for larger version

Name:	better momentum.jpg
Views:	302
Size:	182.4 KB
ID:	6522  
Follow me on Twitter Reply With Quote
  #125 (permalink)
Andrew
sea side
 
Posts: 217 since Dec 2009
Thanks Given: 86
Thanks Received: 25

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.


Reply With Quote
  #126 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093


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.

Follow me on Twitter Reply With Quote
  #127 (permalink)
 
FredyMegaG's Avatar
 FredyMegaG 
Lisbon
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures / Zen-fire
Trading: Es
Posts: 59 since Dec 2009
Thanks Given: 19
Thanks Received: 44

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?

Attached Thumbnails
Click image for larger version

Name:	Vol_Lines.jpg
Views:	360
Size:	88.4 KB
ID:	6597  
Started this thread Reply With Quote
Thanked by:
  #128 (permalink)
 
FredyMegaG's Avatar
 FredyMegaG 
Lisbon
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures / Zen-fire
Trading: Es
Posts: 59 since Dec 2009
Thanks Given: 19
Thanks Received: 44

here's another to keep you thinking!

Attached Thumbnails
Click image for larger version

Name:	2LT+VSA.jpg
Views:	342
Size:	61.0 KB
ID:	6598  
Started this thread Reply With Quote
Thanked by:
  #129 (permalink)
Andrew
sea side
 
Posts: 217 since Dec 2009
Thanks Given: 86
Thanks Received: 25

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.


Reply With Quote
  #130 (permalink)
Andrew
sea side
 
Posts: 217 since Dec 2009
Thanks Given: 86
Thanks Received: 25


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?


Reply With Quote




Last Updated on February 18, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts