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Two Line Trading


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Two Line Trading

  #61 (permalink)
Lisbon
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures / Zen-fire
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FredyMegaG's Avatar
 
Posts: 59 since Dec 2009
Thanks: 19 given, 44 received

Hey guys!

I'll be posting more actively this next few weeks!

Nanobiotech!
I think that something like BarRange is available but i havent thought about that yet!
I guess it would be pretty usefull, but so far ive been doing EYE analysis lol
If i find something like that ill post!
Tell me if you get it first! and post it here too
OH BTW im using SbSrenko bars on my close chart, but i dont have MedianRenko.. is it the same? can you post that barcharts here? (or the link) what's the different between those?

Cunparis!
I'll read your thread more carefully then.. Ive read kinda diagonally lol but now i have more time, so ill read it with more attention.
But so far, i have to agree with Ericj, in that it's probably more evident in minor time charts... But im not so much into scalping tough
Do you recommend volume analysis to bigger time frames as well? Is it also reliable?

Eric J!
Thanks for the kind words! I'll give it a look at your journal (but isnt it VIP only? maybe im confusing it with someone else's...)

FREDY

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  #62 (permalink)
Brisbane, Australia
 
Experience: Intermediate
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Posts: 670 since Jun 2009
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Fredy

MedianRenko bars attached as requested. It's a bit different to sbsrenko, but I've not really tried the sbs.

Adding VolumeStopV4 indicator to the naked chart appears to be useful.
Downloads - NinjaTrader Indicators - Big Mike Trading Forum

Nano

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  #63 (permalink)
Lisbon
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures / Zen-fire
Trading: Es
 
FredyMegaG's Avatar
 
Posts: 59 since Dec 2009
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hey nano! thx for the quick reply. ill give it a look tomorow (00:20 pm here )

Have you tryed Two line trading? xD

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  #64 (permalink)
Brisbane, Australia
 
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nanobiotech's Avatar
 
Posts: 670 since Jun 2009
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I'll certainly trial 2LT to see how it goes.

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  #65 (permalink)
Brisbane, Australia
 
Experience: Intermediate
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nanobiotech's Avatar
 
Posts: 670 since Jun 2009
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Looks like minute charts may be best as it's easier to spot the outside and inside bars visually.

Anyone know if an automated strategy could be written to test this? It would need automate one-cancels-other in the code for trade entries at top and bottom of outside bar.

Nano

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  #66 (permalink)
NY
 
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
 
Posts: 2,526 since Jun 2009
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FredyMegaG View Post


Eric J!
Thanks for the kind words! I'll give it a look at your journal (but isnt it VIP only? maybe im confusing it with someone else's...)

FREDY

Its VIP but you seem like a VIP to me . Supporting the site doesnt take much $ once in a while and believe me you will have access to the kind of team support atmosphere that you wont get from a pay to learn class .

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  #67 (permalink)
sea side
 
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received

Eric,

I think just about "raw" volume and that's "divergences" with price and itself
Want to study that deeper.
If any thoughts/comments/corrections will be great.

Krgds,
Andrew


Eric j View Post
Hi , glad to see someones trying this indi out good luck with it . The dots and diamonds and stuff are described on a list that Cunparis posted on his volume thread . Take a look on that thread its there . Also , if youre looking for volume patterns I recommend focussing on minute based intervals because it shows volume spikes and patterns better . Take a look in my journal for several examples .


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  #68 (permalink)
sea side
 
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received

Cunparis,

I got one simple idea, but don't know how to code that is I'm not programmer unfortunately.

1. To measure in % decrease/increase of present volume bars against previous one
2. Calculate "average middle" volume since regular session start and again % of decrease/increase of last volume bar against it calculated "average middle" volume

Nothing fancy, all very simple, but it seems to me a lot it could give very nice "picture"

After that if add to that some additional cross calculation of volume % increase/decrease to one ATR study I've made would give additional "picture" what is going on, seems, even inside bars (while they are developing)

Krgds,
Andrew


cunparis View Post
I posted a legend for the VPA indicator in the volume thread.

For HVC, start at the beginning of the volume thread it's all explained.


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  #69 (permalink)
NY
 
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
 
Posts: 2,526 since Jun 2009
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Andrew View Post
Eric,

I think just about "raw" volume and that's "divergences" with price and itself
Want to study that deeper.
If any thoughts/comments/corrections will be great.

Krgds,
Andrew

Heres a good example of volume diverging from price that just happened a few minutes ago . Volume climaxed then when price made a lower low volume didnt surpass the level at the first low .

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  #70 (permalink)
sea side
 
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received


Eric,

Exactly !
Look also on previous volume spike (on your chart about at 4.20)
That things I looking exactly to study.
Anyone who also interested in that are welcome to join.

P.s. nothing fancy, just "raw" volume and its "behavior, usual and strange"

Krgds,
Andrew



Eric j View Post
Heres a good example of volume diverging from price that just happened a few minutes ago . Volume climaxed then when price made a lower low volume didnt surpass the level at the first low .


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